Compensation Eligibility Sample Clauses

Compensation Eligibility. To be eligible for compensation the loan originator must fully comply with RESPA, TILA, TRID, HOEPA, the Fair Housing Act, and ECOA. Additionally, the originator must comply with all state and federal regulations as they apply to residential mortgages. Innovative conducts a quality control review on ALL funded loans and randomly completes top to bottom file audits. Originator will not be compensated for any funded transactions for which originator failed to follow acceptable professional and industry standards, for any loans that fail a quality control review/audit or for any loans found to contain fraud or misrepresentation. Innovative reports loan fraud to federal, state and local authorities and will prosecute offenders to the fullest extent of the law. Innovative Mortgage will clawback compensation where ill-gotten and as a consequence of early payoffs, payment default, and lender/investor recapture. Innovative retains the right and option to immediately clawback via ACH direct debit or to use the right of setoff against future or contemporaneous compensation.
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Compensation Eligibility. To be eligible for compensation the loan originator must fully comply with RESPA, TILA, TRID, HOEPA, the Fair Housing Act, and ECOA. Additionally, the originator must comply with all state and federal regulations as they apply to residential mortgages. Harmony conducts a quality control review on ALL funded loans and randomly completes top to bottom file audits. Originator will not be compensated for any funded transactions for which originator failed to follow acceptable professional and industry standards, for any loans that fail a quality control review/audit or for any loans found to contain fraud or misrepresentation. Harmony reports loan fraud to federal, state and local authorities and will prosecute offenders to the fullest extent of the law. Harmony Mortgage will clawback compensation where ill-gotten and as a consequence of early payoffs, payment default, and lender/investor recapture. Harmony retains the right and option to immediately clawback via ACH direct debit or to use the right of setoff against future or contemporaneous compensation.
Compensation Eligibility. An employee who is terminated by an employer is eligible for compensation based on the following formula: - after 3 months consecutive employment, 1 week’s pay - after 1 year, two weeks’ pay, and - after 3 years, 3 weeks’ pay plus 1 week’s pay for each additional year of employment to a maximum of eight weeks. An employee’s period of continuous employment is not interrupted by the sale, lease or transfer of a business.
Compensation Eligibility. A student may be eligible for compensation in the event that ArtsEd is not able to preserve his or her continuity of study - please see paragraph 26. Any request for compensation must be made in writing to the Principal. Please refer to the Tuition Fee Refund and Compensation Policy for more details. Complaints

Related to Compensation Eligibility

  • Benefit Eligibility For purposes of the Benefit Plan entitlement, common-law and same sex relationships will apply as defined.

  • Contribution Eligibility You are eligible to make a regular contribution to your Xxxx XXX, regardless of your age, if you have compensation and your MAGI is below the maximum threshold. Your Xxxx XXX contribution is not limited by your participation in an employer-sponsored retirement plan, other than a Traditional IRA.

  • Group Benefits Eligibility 7.2.1. Subject to the provisions of the master policies, all teachers appointed to the staff of the Employer after the signing of this collective agreement shall be required to enroll in the ASEBP plans. All teachers enrolled in the plans on the signing date of this collective agreement shall continue to be enrolled in the plans. A teacher may be exempted from participation in the extended health care plan, the dental plan, and the vision care plan upon submitting proof of participation in these or similar plans through their spouse.

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