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Loan agreements are documented via their commitment letters, agreements that reflect the understandings reached between the involved parties, a promissory note, and a collateral agreement (such as a mortgage or a personal guarantee). Loan agreements offered by regulated banks are different from those that are offered by finance companies in ...
The Central Teacher Eligibility Test (CTET) was established when, in accordance with the provisions of sub-section (1) of Section 23 of the RTE Act, the National Council for Teacher Education (NCTE) received notifications dated 23 August 2010 and 29 July 2011 stipulating minimum qualifications for eligibility to teach Classes I to VIII.
The legal provision in the loan agreement providing for the loan to be "called" is the "acceleration clause": once the buyer defaults, all future payments due under the loan are "accelerated" and deemed to be due and payable immediately. [1] Covenants may also be waived, either temporarily or permanently, usually at the sole discretion of the ...
A loan line sheet is a work document used by bank examiners who can be either bank regulators or bank "third party" or consulting examiners. [1] The line sheet represents the examiner's review of a bank loan, whether a loan to a company or to an individual. The line sheet initially contains basic information about the particular loan in ...
A standard form contract (sometimes referred to as a contract of adhesion, a leonine contract, [a] a take-it-or-leave-it contract, or a boilerplate contract) is a contract between two parties, where the terms and conditions of the contract are set by one of the parties, and the other party has little or no ability to negotiate more favorable terms and is thus placed in a "take it or leave it ...
The bill was approved by the cabinet on 2 July 2009. [9] The Rajya Sabha passed the bill on 20 July 2009 [10] and the Lok Sabha on 4 August 2009. [11] It received Presidential assent and was notified as law on 26 August 2009 [12] as The Children's Right to Free and Compulsory Education Act. [13]