Deferment Status definition

Deferment Status means a status with respect to any Federal Student Loan permitted by the Higher Education Act and the policies of the applicable Student Loan Guarantor during which the related Obligor may postpone or reduce the amount of the Obligor's scheduled payment of principal and interest.
Sample 1
Deferment Status. Eligible Alternative Loan"; "Eligible Student Loan"; "Forbearance Status"; "Initial Financed Student Loans"; "Realized Losses"; and "Student Loan."
Sample 1
Deferment Status means a status with respect to (i) any Student Loan permitted by the Higher Education Act and the policies of the applicable Student Loan Guarantor during which the related Borrower may postpone or reduce the amount of the Borrower's scheduled payment of principal and interest, or (ii) any Alternative Loan permitted by the TuitionGard Program or the AMS Non-Guaranteed Alternative Loan Program and the policies of the applicable Alternative Loan Guarantor during which the related Borrower may postpone or reduce the amount of the obligor's scheduled payment of principal and interest; provided, however, that the definition of "Deferment Status" may be changed by the Issuer at any time upon satisfaction of the Rating Agency Confirmation Condition.
Sample 1

Examples of Deferment Status in a sentence

  • The Commission may extend the time of payment over a period not exceeding ten years and shall not require payment of interest during the existence of any excusable cause as prescribed in the section titled Deferment Status.

  • Solving the reduced camera system using such methods takes time cubic (Θ(t3)) in the number of cameras t in the current re- construction [56].

  • The Mortgage Deferment Status Report will only have to be submitted to the Department for the duration of the public health emergency, and 60 days after the emergency concludes.

  • The Mortgage Deferment Status Report must provide the number of mortgage deferment applications that have been approved and include the name of the borrower, the property address, the type of mortgage the borrower holds (residential or commercial), the period of deferment.

  • National banks and federally-chartered credit unions are encouraged to voluntarily provide a Mortgage Deferment Status Report to the Department that contains the information described in this paragraph.

  • Reporting Requirements Mortgage lenders must submit an initial report (“Mortgage Deferment Status Report”) to the Department at mortgagerelief@dc.gov on or before June 4, 2020, and update that report in fifteen (15) day intervals for the duration of the public health emergency, and sixty (60) days after the emergency concludes.

  • While the member is in Legal Deferment Status, if the member is seen in any other clinic in the Mental Health Flight, they will be considered Multi-clinic patients and will be entered onto the Multi-Clinic Case Conference list and discussed weekly.

  • To claim deferment, a Certificate of Deferment Status form, HRSA-519, must be obtained from the lending school and must be submitted to the school which made the loan: (a) by the time your first installment would be due if you were not eligible for deferment status,(b) annually thereafter, and (c) upon termination of such status.

  • Reporting Requirements Mortgage lenders must submit an initial report (“Mortgage Deferment Status Report”) to the Department at mortgagerelief@dc.gov on or before May 8, 2020, and update that report in fifteen (15) day intervals for the duration of the public health emergency, and 60 days after the emergency concludes.

  • The CPAC/HRO/CPO will complete USFK Form 161K-E (Report of Termination of Homeland Reserve Forces Deferment Status) and USFK Form 137EK-E (Notification of Termination of Employment with U.S. Forces Korea) for all terminated KN employees.

Related to Deferment Status

  • B-BBEE status level of contributor” means the B-BBEE status of an entity in terms of a code of good practice on black economic empowerment, issued in terms of section 9(1) of the Broad- Based Black Economic Empowerment Act;

  • Active status means (i) for employees, the absence of any interruption or termination of service as an employee, (ii) for Directors, that the Director has not been removed from the Board for cause (as determined by the Company’s shareholders), and (iii) for Consultants, the absence of any interruption, expiration, or termination of such person’s consulting or advisory relationship with the Company or any Subsidiary or the occurrence of any termination event as set forth in such person’s Award Agreement. Active Status shall not be considered interrupted (A) for an employee in the case of sick leave, maternity leave, infant care leave, medical emergency leave, military leave, or any other leave of absence properly taken in accordance with the policies of the Company or any applicable Subsidiary as may be in effect from time to time, and (B) for a Consultant, in the case of any temporary interruption in such person’s availability to provide services to the Company or any Subsidiary which has been granted in writing by an authorized officer of the Company. Whenever a mandatory severance period applies under applicable law with respect to a termination of service as an employee, Active Status shall be considered terminated upon such Employee’s receipt of notice of termination in whatever form prescribed by applicable law.

  • Payment Statement As defined in Section 6.01 hereof.

  • Contribution Notice means a contribution notice issued by the Pensions Regulator under section 38 or section 47 of the Pensions Xxx 0000.

  • Adjustment Statement has the meaning set forth in Section 2.6(a).

  • Inactive status means the status of a practitioner licensed or registered pursuant to Iowa Code chapter 153 who is not currently engaged in the practice of dentistry, dental hygiene, or dental assisting in the state of Iowa and who has paid the required renewal fee but who has not met the requirements for continuing education.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Health status-related factor means any of the following factors:

  • REIT Status means, with respect to any Person, (a) the qualification of such Person as a real estate investment trust under the provisions of Sections 856 et seq. of the Code and (b) the applicability to such Person and its shareholders of the method of taxation provided for in Sections 857 et seq. of the Code.

  • Eligibility Waiting Period means the continuous length of time you must be in Active Employment in an eligible class to reach your Eligibility Date.

  • Servicer Termination Notice Defined in Section 6.15.

  • Certification period means the period for which an individual is certified eligible for a program.

  • Permanent total disability means incapacity because of accidental injury or occupational disease to earn any wages in any employment for which the employee may become physically suited and reasonably fitted by education, training or experience, including vocational rehabilitation; loss of both hands, or both feet, or both legs, or both eyes, or any two thereof, shall constitute permanent total disability;

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.

  • Agreement State means any State with which the U.S. Nuclear Regulatory Commission or the U.S. Atomic Energy Commission has entered into an effective agreement under subsection 274b. of the Atomic Energy Act of 1954, as amended (73 Stat. 689).

  • Investment Start Date : means 8 July 2022 or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Settlement Statement has the meaning set forth in Section 3.2(a).