Eligible military borrower Sample Clauses

Eligible military borrower. In this subsection, the term ‘‘eligible mili- tary borrower’’ means an individual who—
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Related to Eligible military borrower

  • MILITARY LENDING ACT The provisions of this section apply to members of the Armed Forces and their dependents pursuant to the Military Lending Act: Statement of Military APR Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36%. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specific credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account).

  • Military Service Credit Permanent HMC employees who are veterans or their unmarried widows/widowers shall have added to their unbroken service the veteran’s active military service to a maximum of five (5) years in accordance with applicable state and federal law.

  • Military Lending Act Disclosures Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account; the costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). Additional oral disclosures are available at 0-000-000-0000.

  • Military Family Leave Employees may use vacation leave for leave as required by the Military Family Leave Act, RCW 49.77 and in accordance with Article 19.13.

  • Extended Military Leave 1. Extended military leave shall be granted to an employee who enlists or is ordered into active duty in the United States Armed Forces or a reserve component or who is ordered into active Federal military duty as a member of the National Guard or Naval Militia. Such leave shall be granted for active-duty service of any length or for active-duty training in excess of 180 days.

  • Military Deployment Deployment or other required relocation as an active member of the U.S. Armed Services to a location not within the geographic limits of Orange County, Florida and/or any county adjacent to Orange County, Florida. The Student must provide activation, deployment, travel, or assignment orders to UCF DHRL. Military deployment or other required relocation terminates this agreement for any semesters commencing after the deployment date, and UCF DHRL will refund a portion of the rent for the semester the Student deploys, based upon the Student’s move out date.

  • Military Service We do not Cover an illness, treatment or medical condition due to service in the Armed Forces or auxiliary units.

  • Military Leave of Absence Upon application, a military leave of absence without pay will be granted to employees who are inducted through Selective Service or voluntary enlistment, or those called through membership in the National Guard or reserve component into the Armed Forces of the United States. Credited service for military service shall be determined by the retirement plan.

  • Military Reserve Leave 1. Any employee who is a member of national military reserve unit or National Guard shall be allowed up to seventeen (17) days leave without loss of pay or other accumulated leave, when ordered to active duty by the appropriate unit during the regular term. At the Board’s discretion, the leave period may be extended up to thirty

  • Military Reserve Training In accordance with State and Federal laws, any employee who is a member of any reserve component of the military forces of the United States required by official military orders or related authority to attend Military Reserve Training shall receive full wages at their current base pay rate for the period of the active duty required for such training not to exceed fifteen (15) days per calendar year.

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