Key Fact Statement definition

Key Fact Statement means Key Fact Statement provided by DMI to the Borrower, containing, apart from other necessary information, details of APR, the recovery mechanism, details of grievance redressal officer, cooling off period, etc.;
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Key Fact Statement means the disclosure document summarizing all the important information’s of the Card and shall include Fees, Fees for International Transaction, Murabaha Profit Rate, Cooling Period and general terms applicable on the Card which needs to be abide by the Cardholder.
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Key Fact Statement means key fact statement setting out the trade terms and risks associated therewith or documents equivalent thereto.
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Examples of Key Fact Statement in a sentence

  • The Borrower agrees to borrow from the Bank and the Bank agrees to lend to the Borrower set out in the Schedule hereto, on the terms and conditions stated herein and/or Key Fact Statement hereof.

  • It has carefully read the terms and conditions in the Key Fact Statement.

  • We confirm that I/ we have been provided with this Key Fact Statement prior to my application for the Credit Card and have read and understood this Key Fact Statement.

  • Key Fact Statement containing various Terms and Conditions are shared during application stage as well as Sanction stage to ensure complete transparency.

  • EMI shall be as calculated by DMI as required for amortization of Drawdowns within their respective tenure and Interest payable thereon and not exceeding the maximum EMI as provided in the Key Fact Statement.

  • Key Fact Statement (KFS), summary of loan product, sanction letter, terms and conditions, account statements, privacy policies of the Loan Service Provider’s/Digital Lending Applications with respect to borrowers data shall automatically flow to the borrowers on their registered and verified email/mobile upon execution of the loan contract/ transactions.

  • APR means the effective annualized interest rate in relation to the Loan availed by the Customer, specific details in respect of the APR are provided for in Key Fact Statement, Sanction Letter and Loan Agreement, for each loan availed by the customer.

  • Further, any penal interest or charges levied on borrowers by the RE should be based on the loan’s outstanding amount, and the rate of such penal charges should be disclosed upfront in the Key Fact Statement.

  • The Explanatory Memorandum and the Product Key Fact Statement of each of the Schroder Unit Trusts has been revised to reflect the relevant changes set out above.

  • All notices, requests, demands, waivers or other communications (including Customer Copy of Loan Agreement, Key Fact Statement, Welcome Letter etc., under or in connection with this Agreement shall be given in writing by mail, e-mail, or fax as mentioned under the Schedule.


More Definitions of Key Fact Statement

Key Fact Statement means a disclosure document describing the key features of a credit agreement in a simplified manner;
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Key Fact Statement means the disclosure document summarizing all
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Key Fact Statement or “KFS” means a statement of key facts of a loan agreement, in simple and easier to understand language, provided to the borrower in a standardized format.
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Key Fact Statement means the index [shared by USFB with Borrower, in physical form or electronic form or display over any user interface platform) narrating the amount of loan, interest rate, rationale for calculating the rate of interest, processing fee, insurance premium, upfront charges, other charges, net amount disbursable, annual percentage rate, tenure, repayment frequency, detailed repayment schedule, number of PI and the PI amounts
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Key Fact Statement means a statement of key facts and terms of a Sanctioned Loan, in simple and easier to understand language, provided by DMI to the Borrower, from time to time in a standardized format as prescribed under applicable law, containing apart from other necessary information, details of annual percentage rate (APR), details of collection agency, if any, details of grievance redressal officer, Cooling off period, etc.;
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Related to Key Fact Statement

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • Statement Cycle means the period of time for which our credit union provides a summary of the financial activities and transactions that post and settle to the accountholder's account. See our website at www.wsfcu.com or contact one of our branch service representatives for specific Statement Cycle dates.

  • Payment Statement As defined in Section 6.01 hereof.

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

  • Earn-Out Statement has the meaning set forth in Section 2.5(c).

  • Billing Statement has the meaning assigned to such term in Section 2.18(g).

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

  • Delivery Schedule means the schedule for the delivery of Services as set forth in attached Annex 3.

  • Contract Schedule The list (as such list may be amended from time to time) identifying each Contract constituting part of the corpus of the Trust Fund as of the Cut-off Date, and which (a) identifies each Contract as either a Fixed Rate Contract or Adjustable Rate Contract and by contract number and name and address of the Obligor and (b) sets forth as to each Contract (i) the unpaid principal balance as of the related Transfer Date determined by giving effect to payments received prior to the related Transfer Date, (ii) the amount of each scheduled payment due from the Obligor, and (iii) the APR.

  • Compact state means a state, U.S. commonwealth, possession or trust territory which is a signatory to the interstate compact on the placement of children.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Listing Statement means the listing statement of Purchaser pertaining to the Transaction and in the form prescribed by the CSE;

  • MERS Report The report from the MERS System listing MERS Designated Mortgage Loans and other information.

  • Specification Schedule means the Schedule containing details of the Specification.

  • Environmental impact statement means a detailed written statement as required by section 102(2)(C) of the Act.

  • Summary report means the year end report containing the summary of a

  • CMSA Operating Statement Analysis Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Operating Statement Analysis Report" available as of the Closing Date on the CMSA Website or in such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage-backed securities transactions generally.

  • Objections Statement has the meaning set forth in Section 1.02(d).

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Final Payment Statement shall have the meaning set forth in Clause 19.13;

  • Shift Schedule means a written statement setting forth the days and hours upon which the employees are required to work.

  • Current state fiscal year means the state fiscal year for which a particular calculation is made.

  • CREFC® Operating Statement Analysis Report The monthly report in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Insider Report means a statement required to be filed pursuant to Section 16 of the Exchange Act (or any successor provisions), by a person who is a director of the Corporation or who is directly or indirectly the beneficial owner of more than ten percent of the shares of the Corporation.

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.