Deed of Postponement definition

Deed of Postponement means a deed whereby a Mortgagee of a Mortgaged Property agrees with the Seller to postpone its Mortgage over the Mortgaged Property so that the sums secured by it will rank for repayment after the sums secured by the relevant Mortgage;
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Deed of Postponement means a deed whereby a mortgagee of a Mortgaged Property agrees with the Seller to postpone its mortgage over the Mortgaged Property so that the sums secured by it will rank for repayment after the sums secured by the relevant Mortgage;
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Deed of Postponement or “Deed of Confirmation” means any agreement, deed or letter of consent and postponement given in connection with a Mortgage whereby any mortgagee of the property who is not a party to the relevant Mortgage, has agreed to postpone his interest (if any) in the relevant Property so that it ranks after that of the Counterparty;
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Examples of Deed of Postponement in a sentence

  • Certified copies which are NOT acceptable are: Mortgage Deed, Occupier’s Deed of Consent, Share Certificate, undated executed stock transfer form, and Deed of Postponement.

  • Certified copies which are NOT acceptable are: Mortgage Deed, Occupier’s Deed of Consent, Share Certificate, undated executed stock transfer form, Deed of Postponement, and Limited Company Personal Guarantee(s).

  • Assignment NatWest has agreed not to assign, transfer or dispose of the benefit of any bank charge or any interest therein to or in favour of any person, unless that person agrees with NWHL to be bound by all the terms of the Deed of Postponement in form and substance reasonably satisfactory to NWHL.

  • Attending occupiers to get Deed of Postponement signed for mortgagee£150.00 plus VAT7.

  • If the Property Loan Mortgage has been registered prior to registration of the Board’s Mortgage or the Application to Notify Charge (as the case may be), the Property Loan Mortgagee, the Board and the Mortgagor shall execute an Instrument or Deed of Postponement in a form and containing terms agreed between the Board and the Property Loan Mortgagee to postpone the Property Loan Mortgage to rank after the Board’s Mortgage.

  • Governing Law English law (in respect of the English Deed of Postponement) and Scots law (in respect of the Scottish Deed of Postponement).

  • Deed of Postponement - £65This fee is charged when you borrow additional funds from the Society and you have an existing second charge that is not being discharged.This fee covers the administration costs of executing a Deed of Postponement and the associated Land Registry costs.This is to ensure that the Society maintains its first charge.

  • If you are intending to repay part of the loan with the help of additional borrowing, you will also need MTVH approval for re-mortgaging, and a signed Deed of Postponement (DOP).Please contact us for the Re-mortgaging & additional borrowing guide.

  • Deeds of Postponement On the Closing Date, NatWest and NWHL will enter into the English Deed of Postponement and the Scottish Deed of Postponement (each, a Deed of Postponement and together, the Deeds of Postponement) in respect of each of the English Loans and the Scottish Loans in relation to which any Security Interest has been granted over the relevant Mortgaged Property by the relevant Borrower to NatWest.

  • A copy of the Deed of Arrangement/ Deed of Postponement/ Instrument of Postponement will be faxed to you where applicable.


More Definitions of Deed of Postponement

Deed of Postponement means that certain Deed of Postponement, dated as of the date hereof, by and among inter alios Holdings as an “Original Obligor” and HSBC Bank PLC as the “Account Bank.”
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Deed of Postponement means the particular Deed (if any) which is expressed to regulate the priority of the Mortgage andis executed in our favour.
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Deed of Postponement means any agreement, ranking agreement, deed or letter of consent and postponement given in connection with a Mortgage whereby any mortgagee or heritable creditor (other than PPF) of, or any occupier or other person aged eighteen years or over who is not a party to the relevant Mortgage interested in, the relevant Property, has agreed to postpone his interest (if any) in the relevant Property so that it ranks after that of PPF;
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Related to Deed of Postponement

  • Deed of Accession means a deed of accession to this Agreement in the form attached as Schedule 1 (Deed of Accession) hereto;

  • Deed of Release has the meaning set out in the Restructuring Implementation Deed;

  • Deed of Covenant means in relation to the Ship the deed of covenant collateral to the Mortgage for the Ship and creating charges over the Ship, its Earnings, Insurances and Requisition Compensation required to be executed hereunder by the Borrower in favour of the Security Trustee in the agreed form;

  • Deed of Adherence means a deed of adherence substantially in the form set out in schedule 9;

  • Deed of Charge means the English law deed of charge that may be entered into between the Guarantor and the Representative of the Covered Bondholders (acting on behalf of the Covered Bondholders and the Other Creditors);

  • Guaranteed asset protection waiver means that term as defined in section 3 of the guaranteed asset protection waiver act.

  • Special Instructions as used herein, shall mean Instructions countersigned or confirmed in writing by the Treasurer or any Assistant Treasurer of a Fund or any other person designated by the Treasurer of such Fund in writing, which countersignature or confirmation shall be included on the same instrument containing the Instructions or on a separate instrument relating thereto.

  • Deed of Assignment means the deed of assignment of the Shareholder Loan in the agreed form set out in Schedule 6 (Deed of Assignment) to be entered into between the Seller and the Buyer upon Completion.

  • Consent Agreement shall have the meaning set forth in Section 14.2.

  • Construction and demolition waste means the waste building materials, packaging, and rubble resulting from construction, remodeling, repair, and demolition operations on pavements, houses, commercial buildings and other structures.

  • petroleum agreement means an agreement for the purpose of petroleum activities entered into by Government and another person in accordance with this Act;

  • Accession Deed means a document substantially in the form set out in Schedule 6 (Form of Accession Deed).

  • Alternative modes of instruction means modes of pupil instruction, other than in-person instruction, that may include, without limitation, partnerships with other districts or intermediate districts or community colleges or institutions of higher education, use of vendors, use of online learning, telephone communications, email, virtual instruction, videos, slideshows, project-based learning, use of instructional packets, or a hybrid of multiple modes of learning that still promote recommended practices for social distancing to mitigate the spread of COVID-CD.

  • Special Instruction Form means a standardized form prescribed by the Management Company to be duly filled by the investor to change his/her particulars and will be stated in this Offering Document.

  • Letter of Intent (LOI means an intimation by a letter to Bidder that their Tender has been accepted in accordance with the provisions contained in the letter and hence to take preparatory steps and compliance of formalities to commence the work from the date desired by Owner.

  • Construction and demolition debris means and includes:

  • Deed of Pledge means the Italian law deed of pledge entered into, on or about the date hereof, between the Guarantor and the Representative of the Covered Bondholders (acting on behalf of the Covered Bondholders and the Other Creditors).

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Dispatch Instruction has the meaning set forth in the CAISO Tariff.

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • Approval Letter means the letter from WRAS to the Applicant confirming the grant of WRAS Approval in respect of a Product;

  • Letter of Intent means the intimation by a letter / email / fax to the bidder that the tender has been accepted in accordance with provision contained in that letter. The responsibility of the contractor commences from the date of issue of this letter and all the terms and conditions of contract are applicable from this date.

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • Estoppel Letter A document executed by the Cooperative Corporation certifying, with respect to a Cooperative Unit, (i) the appurtenant Proprietary Lease will be in full force and effect as of the date of issuance thereof, (ii) the related stock certificate was registered in the Mortgagor's name and the Cooperative Corporation has not been notified of any lien upon, pledge of, levy of execution on or disposition of such stock certificate, and (iii) the Mortgagor is not in default under the appurtenant Proprietary Lease and all charges due the Cooperative Corporation have been paid.

  • Deed Restrictions means the deed restrictions to be recorded with respect to the Land, which deed restrictions shall be subject to the Director's approval and shall be commensurate with the nature and purpose of the Land as stated in the Recipient's application for grant funds under Revised Code Sections 164.20 through 164.27. The Deed Restrictions shall be perpetual and shall not be amended, released, extinguished or otherwise modified without the prior written approval of the Director, in the Director's sole discretion, who shall have full enforcement authority, as set forth more specifically in Section IX of this Agreement.

  • Construction waste means solid waste which is produced or generated during construction, remodeling, or repair of pavements, houses, commercial buildings, and other structures. Construction wastes include, but are not limited to lumber, wire, sheetrock, broken brick, shingles, glass, pipes, concrete, paving materials, and metal and plastics if the metal or plastics are a part of the materials of construction or empty containers for such materials. Paints, coatings, solvents, asbestos, any liquid, compressed gases or semi-liquids and garbage are not construction wastes.