Reasonable ability to pay definition

Reasonable ability to pay means that the owner’s current
Reasonable ability to pay means that the owner’s current verified monthly income is adequate to service a 30 year fixed rate loan at the conventional mortgage rate together with actual property taxes, homeowner’s insurance, condominium or association fees, if applicable, and reasonable and necessary living expenses.

Examples of Reasonable ability to pay in a sentence

  • Reasonable ability to pay 53CONCLUSION 60REQUEST FOR NONORAL SUBMISSION 61CERTIFICATE OF COMPLIANCE 62 TABLE OF AUTHORITIESFederal Cases Arizona v.

Related to Reasonable ability to pay

  • reasonable possibility means that there is a cause and effect relationship between the investigational product, study device and/or study procedure and the AE.

  • Reasonable cost means a cost for a service or item that is consistent with the market standards for comparable services or items.

  • Reasonable suspicion means a basis for forming a belief based on specific facts and rational inferences drawn from those facts.

  • Reasonable Care means the use of reasonable custodial practices under the applicable circumstances as measured by the custodial practices then prevailing in Russia of International Financial Institutions acting as custodians for their institutional investor clients in Russia.

  • Reasonable in these circumstances means ‘using no more force than is needed’. The use of force may involve either passive physical contact, such as standing between pupils or blocking a pupil’s path, or active physical contact such as leading a pupil by the arm out of the classroom.

  • Reasonable cause as used in this policy means an articulable belief based on specific facts and reasonable inferences drawn from those facts that an employee is more likely than not under the influence of controlled substances or alcohol or has used drugs or alcohol in violation of this policy. Circumstances which can constitute a basis for determining "reasonable cause" may include, but are not limited to:

  • Estimate means to be based on technical evaluation of the sources contributing to the discharge including, but not limited to, pump capabilities, water meters, and batch discharge volumes.

  • professional diligence means the standard of skill and care that a Member would be reasonably expected to exercise towards a Client, commensurate with-

  • Reasonable in the circumstances means using no more force than is needed.