Repayment Letter definition

Repayment Letter means a letter from the bank to you the consumer or 6. 3. If no payment is forthcoming from your employer via your wage/salary, you your employer confirming that a loan has been granted setting out the loan give the Bank permission to deduct the monthly/fortnightly/weekly amounts details. payable from your bank account directly and authorise the Bank to deduct the instalment from my bank account at whichever financial institution I hold
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Repayment Letter means the document given to an Employee that lists the Employee’s monthly instalment, interest rate applicable to the loan and the terms and conditions applicable to the loan read together with the Credit Agreement;
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Examples of Repayment Letter in a sentence

  • If the Loan is not forgiven and a Loan Balance remains, Borrower agrees that on the due date of any amount due as set forth in the Repayment Letter, Bank will debit the amount due from the Deposit Account established by Borrower in connection with this Loan.

  • If the Loan is not forgiven and a Loan Balance remains, then from the date the Repayment Letter is sent to Borrower until the Loan Balance is fully paid, Borrower authorizes Bank and any of its affiliates at any time to make whatever credit investigation Bank deems is proper to evaluate Borrower’s credit, financial standing and employment and Borrower authorizes Bank to exchange Borrower’s credit experience with credit bureaus and other creditors Bank reasonably believes are doing business with Borrower.

  • If the Loan is not forgiven and a Loan Balance remains, then from the date the Repayment Letter is sent to Borrower, upon the occurrence of a default, all or any portion of the entire amount owing on the Loan, and any and all other loans made by Bank to Borrower, shall, at Bank’s option, become immediately due and payable without demand or notice.

  • If the Loan is not forgiven and a Loan Balance remains, then from the date the Repayment Letter is sent to Borrower until the Loan Balance is fully paid, Borrower authorizes Bank and any of its affiliates at any time to make whatever credit investigation Bank deems is proper to evaluate Borrower's credit, financial standing and employment and Borrower authorizes Bank to exchange Borrower's credit experience with credit bureaus and other creditors Bank reasonably believes are doing business with Borrower.

  • If all or any portion of the Loan is not forgiven and a Loan Balance remains after the last day of the Deferment Period (or, if Borrower does not apply for forgiveness, on the Forgiveness Period Outside Date), Borrower agrees that on the due date of any amount due as set forth in the Repayment Letter, Bank will debit the amount due from the Deposit Account established by Borrower in connection with this Loan.

  • For the avoidance of doubt, any interest that accrued prior to the Forgiveness Remittance Date but is not repaid by the SBA in connection with remittance of the forgiven amount of the Loan on the Forgiveness Remittance Date shall be payable by you in accordance with the Repayment Letter.

  • Date CCIS sent Overpayment Repayment Letter to Provider – enter date the overpayment repayment letter was sent to the provider.

  • For the avoidance of doubt, any interest that accrued but is not repaid by the SBA in connection with remittance of the forgiven amount of the Loan shall be payable by you in accordance with the Repayment Letter.

  • If all or any portion of the Loan is not forgiven and a Loan Balance remains after the last day of the Deferment Period, Borrower agrees that on the due date of any amount due as set forth in the Repayment Letter, Bank will debit the amount due from the Deposit Account designated by Borrower in connection with this Loan.

  • For centrally funded or centrally managed programs, E3/ED determines the costs spent for the Participant Training and advises the Washington Financial Services Division (M/CFO/WFS) who sends the Demand for Training Costs Repayment Letter to the non-returnee’s last known address.

Related to Repayment Letter

  • Repayment Agreement means an agreement

  • Commitment Letter has the meaning set forth in Section 5.7.

  • Disbursement Letter means an instructional letter executed and delivered by Borrower to Agent regarding the extensions of credit to be made on the Closing Date, the form and substance of which is satisfactory to Agent.

  • Investment Letter shall have the meaning specified in subsection 9.07(a).

  • Commitment Letters has the meaning set forth in Section 4.5.

  • Debt Commitment Letter has the meaning set forth in Section 6.6.

  • Equity Commitment Letter has the meaning set forth in Section 5.5(a).

  • Management Letter means formal communications from the auditor to the client management in accordance with the International Standard on Auditing 265 (communicating deficiencies in internal control to those charged with governance and management), which is not required to be provided separately as it is equivalent to the Audit Findings and Recommendations prepared by the Project auditor and submitted to ADB;

  • Debt Commitment Letters shall have the meaning set forth in Section 5.7(a), as supplemented by Section 6.11, as applicable.

  • Equity Commitment Letters has the meaning set forth in Section 6.6(a).

  • Engagement Letter means that certain Engagement Letter, dated as of June 18, 2015, by and among the Borrower and the Arrangers.

  • Payment Agreement means a written agreement which provides

  • Contract Letter means the letter identifying those documents which form the Contract.

  • Redemption Agreement has the meaning set forth in the Recitals.

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as of September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • Fee Letters means, collectively, (a) the Arranger Fee Letter and (b) the Administrative Agent Fee Letter.

  • Fee Letter means that certain fee letter, dated as of even date with this Agreement, among Borrowers and Agent, in form and substance reasonably satisfactory to Agent.

  • Credit Facility Agreement means any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

  • Repayment Schedule means the schedule of repayment dates as detailed in Schedule 5 (Loan Repayment Schedule), to be replaced as required in accordance with Clause 5 (Repayment) and Clause 6.10(b) (Partial prepayment of Loans).

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • Principal Agreements refers to Exclusive Technology Consulting Service Agreement, Call Option Agreement and the Proxy Agreement. 各协议：指独家技术咨询和服务协议、期权协议以及投票权委托协议。

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Undertaking Letter The letter in substantially the form set forth in Exhibit C of the Trust Agreement.