Relocation Loan definition

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 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 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

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

  • 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.

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

  • Prior to 2018, an offsetting deduction for the taxable benefit on up to $25,000 of a Home Relocation Loan (for up to five years) was available.

  • Should there be insufficient funds to satisfy the outstanding balance of the Relocation Loan or other monies owed by Educator after such withholdings, the District will adjust any outstanding funds due from the final invoice for that school year.

  • Disabled Relocation Loan: On occasions a property may be unsuitable for adaptation and a move to an alternative property may be much more cost effective.

  • Some borrowers will qualify for a CE-DIP Employee Relocation Loan if they have recently moved to the Stanford area and can make certain representations.

  • In the event of the termination of this Agreement or the termination, resignation, or non-renewal of an Educator by any party, for any or no reason, the District agrees to collect any unpaid balance of the Relocation Loan through withholdings from such Educator’s final paycheck.

  • Some borrowers will qualify for a DIP Employee Relocation Loan if they have recently moved to the Stanford area and can make certain representations.

  • The EPI Program will invoice the Relocation Loan amount to District for payment upon receipt.

Related to Relocation Loan

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

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • 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.

  • PPP Loan has the meaning set forth in Section 3.28.

  • Permanent Loan shall have the meaning assigned to that term in Section 2.16.1.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Credit life insurance means insurance on the life of a debtor in connection with

  • Loan repayment means the cancellation and repayment of loans

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • 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.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).