Common use of Denial, termination and immediate repayment Clause in Contracts

Denial, termination and immediate repayment. The following events may result in you being denied further Financial Assistance under this MSFAA- Ontario, or you being required to immediately pay all or part of your Outstanding Loan Balance: a) you fail to make three regularly scheduled loan payments by the Loan Payment Due Date in accordance with the payment terms of this MSFAA-Ontario; b) you unequivocally refuse to repay your Outstanding Loan Balance; c) you became bankrupt within the meaning of the Bankruptcy and Insolvency Act (Canada) or entered into a recognized arrangement for debt settlement as defined in the MTCUA; d) you are found guilty of an offence under any Act of Parliament or the Ontario Legislature by reason of your conduct in obtaining or repaying Financial Assistance under the MSFAA- Canada or MSFAA-Ontario.

Denial, termination and immediate repayment. The following events may result in you being denied further Financial Assistance under this MSFAA- MSFAA-Ontario, or you being required to immediately pay all or part of your Outstanding Loan Balance: a) a. you fail to make three regularly scheduled loan payments by the Loan Payment Due Date in accordance with the payment terms of this MSFAA-Ontario; b) b. you unequivocally refuse to repay your Outstanding Loan Balance; c) c. you became a bankrupt within the meaning of the Bankruptcy and Insolvency insolvency Act (Canada) or entered into a recognized arrangement for debt settlement as defined in the MTCUAMTCUA ; d) d. you are found guilty of an offence under any Act of Parliament or the Ontario Legislature by reason of your conduct in obtaining or repaying Financial Assistance under the MSFAA- a MSFAA-Canada or MSFAA-Ontario.

Denial, termination and immediate repayment. The following events may result in you being denied further Financial Assistance under this MSFAA- MSFAA-Ontario, or you being required to immediately pay all or part of your Outstanding Loan Balance: a) a. you fail to make three regularly scheduled loan payments by the Loan Payment Due Date in accordance with the payment terms of this MSFAA-Ontario; b) b. you unequivocally refuse to repay your Outstanding Loan Balance; c) c. you became a bankrupt within the meaning of the Bankruptcy and Insolvency insolvency Act (Canada) or entered into a recognized arrangement for debt settlement as defined in the MTCUA; d) d. you are found guilty of an offence under any Act of Parliament or the Ontario Legislature by reason of your conduct in obtaining or repaying Financial Assistance under the MSFAA- a MSFAA-Canada or MSFAA-Ontario.