Common use of Scotland Clause in Contracts

Scotland. All properties have been valued by a valuer approved by the Seller or, where appropriate, according to a methodology which would meet the standards of a reasonable, prudent mortgage lender and which has been approved by the Seller.

Appears in 4 contracts

Samples: Mortgage Sale Agreement (Permanent Financing (No. 6) PLC), Mortgage Sale Agreement (Permanent Mortgages Trustee LTD), Mortgage Sale Agreement (Permanent Mortgages Trustee LTD)

AutoNDA by SimpleDocs

Scotland. All properties have been valued by a valuer approved by the Seller or, where appropriate, according to a methodology which would meet the standards of a reasonableReasonable, prudent mortgage lender Prudent Mortgage Lender and which has been approved by the Seller.

Appears in 2 contracts

Samples: Mortgage Sale Agreement (Permanent Financing (No. 8) PLC), Mortgage Sale Agreement (Permanent Mortgages Trustee LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!