Cosigner Sample Clauses

Cosigner. Tenant is required to have one of their parents or legal guardians cosign this Lease Agreement, unless Tenant prepays rent pursuant to Paragraphs 2 and 2A above in an amount equal to the rent for that particular school year. Any cosigner is liable for all rent and other financial obligations incurred by Xxxxxx as a result of this lease if Tenant fails to satisfy those obligations.
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Cosigner. An eligible cosigner is required if you are under 17 years of age, do not meet the credit requirements, or have defaulted on a prior education loan with ACPE. If you elect to add a cosigner, that person will be responsible for the loan even in the event you meet the credit conditions independently. ACPE will notify the cosigner of periods of delinquency, deferments granted, or any repayment agreement that will change the amount due on the loan.
Cosigner. (1) About all the debts that borrower pays to the bank, the cosigner owes joint and several liability. The consigner follows this contract besides each provision of The Banking Transaction Contract.
Cosigner. In connection with the transactions under the Loan Agreement (hereinafter referred to as the “Original Agreement”) executed between Resona, Borrower and Consigner as of November 30, 2020, Borrower and Consigner hereby agree to adhere, in addition to the terms under the Original Agreement and banking transaction agreement, to the terms set forth below.
Cosigner. After agreeing to this Agreement and each provision of the separately-executed banking transaction agreement, Xxxxxxxx has borrowed and received money from Resona on the borrowing date pursuant to the key terms set forth below. (Check one of the boxes for each item.)
Cosigner. A natural person who renders himself or herself liable for the obligation of another person without
Cosigner. A natural person who renders himself or herself liable for the obligation of another person without compensation. The term shall include any person whose signature is re- quested as a condition to granting credit to another person, or as a condi- tion for forbearance on collection of another person’s obligation that is in default. The term shall not include a spouse whose signature is required on a credit obligation to perfect a security interest pursuant to State law. A per- son who does not receive goods, serv- ices, or money in return for a credit ob- ligation does not receive compensation within the meaning of this definition. A person is a cosigner within the mean- ing of this definition whether or not he or she is designated as such on a credit obligation.
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Cosigner. An eligible cosigner is required if you are under 16 years of age, do not meet the credit requirements, or have defaulted on a prior education loan with ACPE. If you elect to add a cosigner, that person will be responsible for the loan even in the event you meet the credit conditions independently. ACPE will notify the cosigner of periods of delinquency, deferments granted, or any repayment agreement that will change the amount due on the loan. ACPE can collect from your cosigner without first having to collect from you. IMPORTANT Before borrowing, always use grants, scholarships, and other funds that do not have to be repaid. This is not a federal loan and does not have the same repayment options. Failure to timely repay this loan may result in, but is not limited to: • adverse reports to consumer reporting agenciesadditional costs to you for collection and accrued interest • forfeiture of deferment rights • seizure of your Alaska Permanent Fund Dividend • administrative wage garnishmentlien on property • a judgment in a court of law and/or legal or collection action REMEMBER—Under current loan terms, after four years of borrowing, monthly payments can be as much as $500 or even greater at graduate loan maximums.
Cosigner. The term ‘‘cosigner’’ means a natural person who assumes liability for the obligation of a con- sumer without receiving goods, serv- ices, or money in return for the obliga- tion, or in the case of an open-end cred- it obligation, without receiving the contractual right to obtain extensions of credit under the account. The term shall include any person whose signa- ture is requested as a condition to granting credit to a consumer, or as a condition for forbearance on collection of a consumer’s obligation that is in default. The term shall not include a spouse or other person whose signature is required on a credit obligation to perfect a security interest pursuant to state law. A person is a cosigner within the meaning of this definition whether or not he or she is designated as such on a credit obligation.

Related to Cosigner

  • Guarantor In the event that there is a guarantor of this Lease, said guarantor shall have the same obligations as Lessee under this Lease.

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