Relocation Loan definition

Relocation Loan means the loan granted by Danske Bank A/S, Danmark, Sverige Filial to MIDAQ Relocation AB in the principal amount of SEK 45,000,000.
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Relocation Loan. A relocation loan of twelve hundred dollars ($1,200) maximum is to be made available to teachers commencing their first year of employment with the Employer. The loan shall be interest free and principle to be repaid during the first year of the teachers' contract. The loan is to be made available thirty (30) days prior to commencement of the school year.
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Relocation Loan means any Mortgage Loan originated pursuant to an agreement between the applicable lender (whether MLCC, one of MLCC’s correspondent lenders, or otherwise) and an employer that commonly relocates its employees in connection with a bona fide relocation program maintained by such employer.
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Examples of Relocation Loan in a sentence

  • As long as the school is eligible for the Sallie Mae Residency and Relocation Loan Program, you will automatically grant the Deferment.

  • Similarly, the Review Group found no evidence of widespread deterioration in the quality of financial information following its introduction in 1999.Secondly, exemption from audit is not an exemption from the directors’ duties to provide annual accounts that give a true and fair view.

  • This Arbitration Agreement is part of the Sallie Mae Residency and Relocation Loan Promissory Note (“Note”).

  • The Maturity Date, Interest Rate, obligation and timing of payments of principal and interest, default, remedies and other terms are set forth in that certain Senior Executive Relocation Loan Agreement dated as of September __, 2001, between Borrower and Lender (the "Loan Agreement"), which terms are incorporated in this Note by this reference.

  • In connection therewith, the Company provided to Executive, a loan of seventy-five thousand dollars ($75,000) (the "Relocation Loan") for the costs that will be paid by Company on behalf of Executive hereunder in the event Executive meets the requirements for such payments.

  • The Relocation Loan shall be evidenced by a promissory note in form acceptable to Xxxxxxx and the Company and consistent with the terms of this Agreement.

  • In addition, Employee shall not be obligated to repay any portion of the Relocation Loan if Employee's employment terminates by reason of Employee's death or disability.

  • In the event that Xxxx'x employment under this Agreement is terminated by Ross without Good Reason (as defined herein) or for Cause as defined in Section 4.1(iii), Ross shall pay the total of unforgiven principal and interest due under the Relocation Loan within ninety (90) days of the occurrence of such event.

  • Upon any such termination for Cause, the outstanding principal amount of the Relocation Loan plus accrued interest shall be due and payable in full.

  • Relocation Loan: The cabinet is asked to approve four relocation loans as pilot projects and to participate in SCC relocation loan scheme.

Related to Relocation Loan

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee and (iii) any late charges incurred under the provisions of a Loan Agreement.