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The Secretary shall pay to the guaranty agency any funds withheld in accordance with this paragraph immediately upon making the determination that the guaranty agency has made all such repayments.
If a guaranty agency transfers funds from the Federal Fund in accordance with this section, and fails to make scheduled repayments to the Federal Fund, the agency may not receive any other funds under this part until the Secretary determines that the agency has made such repayments.
It was further alleged that on two separate occasions in May 2010 and in January 2011, Putt represented in writing to the customer that he had repaid to the client some $55,900 via deposits into her account -- in fact, the AWC alleged that no such repayments were made.
Greece repaid her debts but only when such repayments did not harm her national interest and violated international law.
Snapper repaid his American Express card with my funds and continues to falsely claim that I was well aware of the details and knew that the act was criminal, although he also admits he never informed me such repayments were against the law.
However, the fund has only been operational for a short period (1.5 years) and as such, repayments to date are not sufficient for disbursement.
Similar(54)
But such repayment will generate no asset effect for those at the bottom.
(B) repayment terms providing for more rapid repayment of principal or interest on such loan, but only if allocations under the plan attributable to such repayment do not discriminate in favor of highly compensated employees (within the meaning of section 414 q)).
as the case may be, a statement of such fact, including an explicit statement that at the end of such repayment period a balloon payment (as defined in section 1665b(f) of this title) would result which would be required to be paid in full at that time.
The Secretary may relieve any individual of his obligation to so repay, in whole or in part, whenever and to the extent that such repayment would, in his judgment, be inequitable or would be contrary to the purposes of any of the programs established by this section.
Commercial banks held a large chunk of it and as Voorhis observed, "[W]here the commercial banks are concerned, there is no such repayment of the people's money".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com