Committed Mortgage Loan means a Mortgage Loan which is the subject of a Take-out Commitment with a Take-out Investor.

Examples of Committed Mortgage Loan in a sentence

Committed Mortgage Loan Cut-off Date Balance / Unit ($) for the applicable Multiple Property Loan as the value for each of the characteristics listed in a.
With respect to each Committed Mortgage Loan, Seller shall arrange that all payments under the related Take-out Commitment shall be paid directly to Buyer at the account set forth in Section 9 hereof, or to an account approved by Buyer in writing prior to such payment.
With respect to those Collateral Interests indicated on the Data File as secured by more than one mortgaged property, the Committed Mortgage Loan Amount ($) for each related mortgaged property is equal to the product of (a) the Committed Mortgage Loan Amount ($) for the related Collateral Interest and (b) the related Allocable Share.
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Finance lease As at 30 September 2019, a finance lease liability of approximately HK$0.1 million was secured by a motor vehicle of the Group.

More Definitions of Committed Mortgage Loan

Committed Mortgage Loan means an Eligible Mortgage Loan as to which Collateral Custodian has received a Take-Out Commitment.

Committed Mortgage Loan means a Mortgage Loan which is the subject of a Take-out Commitment with a Take-out Investor. “Conforming High LTV Loan” means a Conforming Mortgage Loan with an LTV of 105% or higher but not to exceed 150%. “Conforming Mortgage Loan” means a first lien Mortgage Loan originated in accordance with the criteria of an Agency for purchase of

Committed Mortgage Loan means a Mortgage Loan which is the subject of a Take-out Commitment with a Take-out Investor. “Conforming High CLTV Loan” means a Conforming Mortgage Loan originated using Desktop Underwriter for underwriting pursuantto the Fannie Mae DU Refi Plus™ program with a combined LTV of 95% or higher but not to exceed 110% as more specifically described in Fannie Mae Announcement 09-04.

Committed Mortgage Loan means a Purchased Mortgage Loan which is the subject of a Take-out Commitment with a Take-out Investor. “Concentration Limit” shall have the meaning set forth in the Pricing Side Letter. “Confidential Information” shall have the meaning set forth in Section 32(a) hereof. “Conforming Mortgage Loan” shall mean a Mortgage Loan originated in accordance with the applicable published underwriting and eligibility criteria of Xxxxxx Mae or Xxxxxxx Mac for purchase of mortgage loans. “Connection Income Taxes” shall mean Taxes imposed as a result of a present or former connection between the Buyer and the jurisdiction imposing such Tax unless such Taxes are imposed as a result of Buyer having executed, delivered or performed its obligations or received payments under, or enforced, this Agreement or any of the other Facility Documents, that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profit Taxes. 7