Bad Credit Caused by Retirement or Early Retirement Sample Clauses

Bad Credit Caused by Retirement or Early Retirement. For debtors in KAG who will retire, a period to repay the loan will be given, namely 1 () year MPP (Retirement Preparation Period). This means that within 1 (one) year before the debtor retires, he must be able to pay off his debt or loan. Advanced retirement is a retirement application that is made before retirement. In the event of a credit breakdown due to retirement or the person concerned applies for early retirement, the Bank will include the credit as a Kresun (Retirement Credit). So that they can continue their credit, even though it has changed to a pension loan. With the provision that is taking the pension through PT. Riau Kepri Regional Development Bank or Post Office. Moreover, the term of credit or loan must be paid off when the person concerned is 75. In general, in addition to the settlement efforts mentioned above. Steps taken by banks in carrying out credit management to maintain the quality of productive assets and to overcome problem loans, banks can take two ways or strategies, namely by saving credit and credit settlement. The steps or efforts taken are in the form of the following:
Sample 1
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Related to Bad Credit Caused by Retirement or Early Retirement

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Compensation The Depositor shall receive at the times set forth in Sections 3.05, 3.18, 3.23 and 4.03 as compensation for performing portfolio supervisory services, bookkeeping and administrative expenses and evaluation services, such amount and for such periods as specified the Prospectus and/or Reference Trust Agreement. The compensation for providing portfolio supervisory services, bookkeeping and administrative expenses and evaluation services shall be made on the basis of the largest number of units outstanding at any time during the period for which such compensation is being computed. At no time, however, will the total amount received by the Depositor for services rendered to all series of Guggenheim Defined Portfolios in any calendar year exceed the aggregate cost to them of supplying such services in such year. Such rate may be increased by the Trustee from time to time, without the consent or approval of any Unitholder, or the Depositor, by amounts not exceeding the proportionate increase during the period from the date of such Prospectus and/or Reference Trust Agreement to the date of any such increase, in consumer prices as published either under the classification "All Services Less Rent" in the Consumer Price Index published by the United States Department of Labor or, IF such Index is no longer published, a similar index. In the event that any amount of the compensation paid to the Depositor pursuant to Sections 3.05, 3.18 and 3.23 and 4.03 is found to be an improper charge against a Trust, the Depositor shall reimburse the Trust in such amount. An improper charge shall be established if a final judgment or order for reimbursement of the Trust shall be rendered against the Depositor and such judgment or order shall not be effectively stayed or a final settlement is established in which the Depositor agrees to reimburse the Trust for amounts paid to the Depositor pursuant to this Section 7.05.

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  • Definitions For purposes of this Agreement:

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  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

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