Debt counselling Sample Clauses

Debt counselling. If you are experiencing difficulty in meeting your financial obligations under your credit agreement, you have the right to apply to a debt counsellor for a declaration that you are over-indebted and for rearrangement of your financial obligations under the credit agreement. If the debt counsellor determines that you are over-indebted, the debt counsellor will propose a rearrangement of your financial obligations. If we agree with the proposal, your financial obligations under the credit agreement will be rearranged under a Magistrate’s Court/National Consumer Tribunal order. If we do not agree to the proposal, the debt counsellor will refer it to a Magistrate’s Court/National Consumer Tribunal which may exercise its power to rearrange your financial obligations under the credit agreement.
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Debt counselling. The Debt Counselling benefit provides you with access to persons who will negotiate with Your creditors on Your behalf, for reduced monthly repayments when You cannot afford to meet Your monthly debt obligations.
Debt counselling. If the Act applies, the Customer may apply to a Debt Counsellor in the prescribed manner and form to have himself/herself declared over-indebted. An application in terms of Section 86 of the Act, may not be made in respect of, and does not apply to, a particular credit agreement if, at the time of that application, a credit provider under that credit agreement has proceeded to take the steps stipulated in Section 129 of the Act to enforce that agreement. A Debt Counsellor who has accepted an application must determine, in the prescribed manner and in the prescribed time, whether the Customer appears to be over-indebted, and if the Customer seeks a declaration of reckless credit, whether any of the Customer’s credit agreements appear to be reckless. If a Debt Counsellor rejects an application then the Customer, with leave of the Magistrate’s Court, may apply directly to the Magistrate’s Court.
Debt counselling. If you are an individual, a stokvel, or a trust with less than three trustees, none of whom is a juristic person, (i.e. you are not an NCA juristic person) and you experience difficulty in meeting your financial obligations under your credit agreement, you have the right to apply to a debt counsellor for a declaration that you are over-indebted and for re-arrangement of your financial obligations under the credit agreement. If the debt counsellor determines that you are over-indebted, the debt counsellor will propose a re-arrangement of your financial obligations. If we agree to the proposal, your financial obligations under the credit agreement will be re-arranged under a Magistrates Court/National Consumer Tribunal order. If we do not agree to the proposal, the debt counsellor will refer it to a Magistrates Court/National Consumer Tribunal, which may exercise its power to re-arrange your financial obligations under the credit agreement.
Debt counselling. If the consumer is an individual, a stokvel or a trust with less than 3 (three) trustees, none of whom is a juristic person (the consumer is not an NCA justice person) and the consumer experience difficulty in meeting their financial obligations under the Credit Provider’s credit agreement, the consumer has the right to a debt councellor for a declaration that the consumer is over-indebted and for re-arrangement of financial obligations under the credit agreement.

Related to Debt counselling

  • Agent Counsel Legal Opinion Agent shall have received from Xxxxxx LLP, counsel for Agent, such opinion or opinions, on or before the date on which the delivery of the Company counsel legal opinion is required pursuant to Section 4(p), with respect to such matters as Agent may reasonably require, and the Company shall have furnished to such counsel such documents as they request for enabling them to pass upon such matters.

  • Counselling Counselling for affected employees and family will be made available as necessary.

  • Legal Counsel Opinions Upon the request of the Buyer from to time to time, the Company shall be responsible (at its cost) for promptly supplying to the Company’s transfer agent and the Buyer a customary legal opinion letter of its counsel (the “Legal Counsel Opinion”) to the effect that the resale of the Conversion Shares and/or Exercise Shares by the Buyer or its affiliates, successors and assigns is exempt from the registration requirements of the 1933 Act pursuant to Rule 144 (provided the requirements of Rule 144 are satisfied and provided the Conversion Shares and/or Exercise Shares are not then registered under the 1933 Act for resale pursuant to an effective registration statement) or other applicable exemption (provided the requirements of such other applicable exemption are satisfied). In addition, the Buyer may (at the Company’s cost) at any time secure its own legal counsel to issue the Legal Counsel Opinion, and the Company will instruct its transfer agent to accept such opinion. The Company hereby agrees that it may never take the position that it is a “shell company” in connection with its obligations under this Agreement or otherwise.

  • To Class Counsel A Class Counsel Fees Payment of not more than %, which is currently estimated to be $ , and a Class Counsel Litigation Expenses Payment of not more than $ . XYZ will not oppose requests for these payments provided that do not exceed these amounts. Plaintiff and/or Class Counsel will file a motion for Class Counsel Fees Payment and Class Litigation Expenses Payment no later than [16 court] days prior to the Final Approval Hearing. If the Court approves a Class Counsel Fees Payment and/or a Class Counsel Litigation Expenses Payment less than the amounts requested, the Administrator will allocate the remainder to the Net Settlement Amount. Released Parties shall have no liability to Class Counsel or any other Plaintiff’s Counsel arising from any claim to any portion any Class Counsel Fee Payment and/or Class Counsel Litigation Expenses Payment. The Administrator will pay the Class Counsel Fees Payment and Class Counsel Expenses Payment using one or more IRS 1099 Forms. Class Counsel assumes full responsibility and liability for taxes owed on the Class Counsel Fees Payment and the Class Counsel Litigation Expenses Payment and holds XYZ harmless, and indemnifies XYZ, from any dispute or controversy regarding any division or sharing of any of these Payments.

  • Class Counsel Fees include the fees, disbursements, costs, interest, GST or HST (as the case may be) and other applicable taxes or charges thereon, including any amounts payable by Class Counsel or the Settlement Class Members to any other body or Person as a result of the Settlement Agreement, including the Fonds d’aide aux actions collectives in Québec.

  • Separate Counsel If any Action is asserted or commenced pursuant to which the indemnity provided in Section 9.4 hereof or the right of contribution provided in Section 9.5 hereof may apply, the Manager may take such action in connection therewith as it deems necessary or desirable, including retention of counsel for the Underwriters (“Syndicate Counsel”), and in its discretion separate counsel for any particular Underwriter or group of Underwriters, and the fees and disbursements of any counsel so retained will be allocated among the several Underwriters as determined by the Manager. Any such Syndicate Counsel retained by the Manager will be counsel to the Underwriters as a group and, in the event that: (a) the Manager settles any Action on a basis that results in the settlement of such Action against it and fewer than all the Underwriters, or (b)(i) a conflict develops between the Manager and the other Underwriters, or (ii) differing defenses are available to the other Underwriters and not available to the Manager, and as a result of either (b)(i) or (b)(ii) such Syndicate Counsel concludes that it is unable to continue to represent the Manager and the other Underwriters, then in each such case, after notification to the Manager and the other Underwriters, Syndicate Counsel will remain counsel to the other Underwriters and will withdraw as counsel to the Manager. The Manager hereby consents to such arrangement and undertakes to take steps to: (i) ensure that any engagement letters with Syndicate Counsel are consistent with such arrangement; (ii) issue a notice to all other Underwriters promptly following receipt of any advice (whether oral or written) from Syndicate Counsel regarding its inability to represent the Manager and the other Underwriters jointly; and (iii) facilitate Syndicate Counsel’s continued representation of the other Underwriters. Any Underwriter may elect to retain at its own expense its own counsel and, on advice of such counsel, may settle or consent to the settlement of any such Action, but only in compliance with Section 9.7 hereof, and in each case, only after notification to every other Underwriter. The Manager may settle or consent to the settlement of any such Action, but only in compliance with Section 9.7 hereof.

  • Company Counsel Legal Opinions The Agent shall have received the opinions and negative assurance letters, as applicable, of Company Counsel and Intellectual Property Counsel required to be delivered pursuant to Section 7(n) and Section 7(o), as applicable, on or before the date on which such delivery of such opinions and negative assurance letters are required pursuant to Section 7(n) and Section 7(o), as applicable.

  • Company Counsel Legal Opinion Xxxxx shall have received the opinions of Company Counsel required to be delivered pursuant to Section 7(n) on or before the date on which such delivery of such opinion is required pursuant to Section 7(n).

  • Underwriters Counsel Opinion The Representatives will have received (i) an opinion addressed to the Representatives of Xxxxxxx XxXxxxxxx LLP (or such other counsel satisfactory to the Representatives in their reasonable judgment), counsel to the Underwriters, dated the Closing Date, with respect to the validity of the Publicly Registered Notes and such other related matters as the Representatives require and the Depositor will have furnished or caused to be furnished to such counsel such documents as they may reasonably request for the purpose of enabling them to pass upon such matters and (ii) a signed negative assurance letter of Xxxxxxx XxXxxxxxx LLP, dated the Closing Date, relating to the Preliminary Prospectus and the Prospectus.

  • Support and Counselling The Employer and the Union recognize that, where preventative measures have failed to prevent violent incidents, counselling and support must be available to help victims recover from such incidents.

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