Repayment Waiver. The repayment waiver ONLY applies if we have charged you a Repayment Waiver Fee included in the Initial Unpaid Balance Events covered by this repayment waiver. The only events to which this waiver applies (all of which must occur during the term of this Loan Agreement) are as follows:
Repayment Waiver. The Payments that may be waived for any Customer are limited to those that relate to Protected Events included in the Waiver Type recorded against that Customer’s name in Section B. of Part 1. Parties, Optional Services and Execution of this Agreement. Waiver Type▼ Protected Events► Death A - Basic ✓ B - Standard ✓ C - Comprehensive ✓ ✓ ✓ ✓ Only the Protected Events marked with a ✓ in the Row apply to the Waiver Type in the first column of this table:
Repayment Waiver. Repayment waiver can be opted into or cancelled by either party at any time with 7 days written notice. If account becomes subject to a repayment waiver claim, the ability to make withdrawals may be cancelled.
Repayment Waiver. 11.1. 1Loan offers a Comprehensive Repayment waiver or a Death Only Repayment waiver, depending on the Borrower’s circumstances. The Repayment waiver the Borrower got (if any) is set out in the CREDIT DETAILS section of the contract.
11.2. Events covered by the Comprehensive Repayment waiver:
(a) Total disablement - An accident causing total physical disablement. Payments waived: Any instalments due whilst certified unfit for work, excluding arrears, calculated on a daily basis, provided that the company shall not be liable for the first 7 days of such disablement.
(b) Serious illness - Any illness unless specifically excluded which causes total disablement of the purchaser from attending to employment provided the illness does not become manifest within 28 days of the commencement of this cover. Payments waived: Any instalments due during such Serious illness, excluding arrears, calculated on a daily basis provided that the company shall not be liable for the first 7 days of such disablement.
(c) Redundancy - Redundancy other than voluntary redundancy from full time employment, provided that you have been in permanent employment for at least 4 consecutive months prior to the redundancy. Payments waived: Any instalments payable during the period of unemployment commencing 1 month following redundancy and terminating 4 months following redundancy.
Repayment Waiver. Borrower shall have repaid or obtained waivers or amendments on terms reasonably acceptable to the Requisite Lenders with respect to (i) the Term Loan Facility Agreement, dated November 23, 2004, among Standard Chartered Bank (Hong Kong) Limited, TGGT Equipment (HK Limited), Borrower and ASAT Limited (the “Standard Chartered Loan Facility”), and (ii) the Loan Agreement, dated February 23, 2005, between China Construction Bank and ASAT Semiconductor (Dongguan) Limited (the “China Construction Bank Loan Facility”) sufficient to ensure no default, event of default, or prospective event of default under either such agreement is continuing.
Repayment Waiver. The Company will waive the requirement under the Employee Relocation Expense Repayment Agreement dated August 21, 2018 that you repay the relocation expenses the Company paid in connection with your move to Boston, MA. You shall remain eligible for the Separation Pay even if you secure other employment with an employer other than the Company or any of its affiliates prior to or while receiving Separation Pay. If you become re-employed by the Company or any of its affiliates while receiving Separation Pay, you shall have no further right to any unpaid or unused Separation Pay, which shall end immediately upon rehire. You acknowledge and agree that you would not be entitled to the Separation Pay if you had not signed this Agreement and entered into the Release.
