Employee Mortgage Loan definition

Employee Mortgage Loan. Any Mortgage Loan made to an employee of the Underwriter or any one of its affiliates.

Employee Mortgage Loan. Each Mortgage Loan listed on Schedule B hereto.

Employee Mortgage Loan. None. ERISA: The Employee Retirement Income Security Act of 1974, as amended.

Examples of Employee Mortgage Loan in a sentence

• The Servicer shall include in the monthly remittance advice information regarding each Employee Mortgage Loan.

• The Servicer shall include in the monthly remittance advice information regarding each Employee Mortgage Loan (including, without limitation, the related Employee Discount Rate and any amounts remitted to the Master Servicer pursuant to Section 4.01 as a result of the Employee Discount Rate ceasing to apply to any Mortgage Loan.

• With respect to each Employee Mortgage Loan for which the employee discount rate has ceased to apply, the Servicer shall include in the monthly remittance advice the related Employee Discount Rate and any amounts remitted to the Master Servicer pursuant to Section 4.01 as a result of the Employee Discount Rate ceasing to apply to any Mortgage Loan.

• In respect of Employee Mortgage Loans and the question whether a Borrower which is an employee of the Achmea Group can set off any claim it has under its employment contract within the Achmea Group with its Employee Mortgage Loan, the following is noted.

• In this respect, the Transferor is required to represent that (i) there is no connection between the Employee Mortgage Loan and the employment relationship, other than the right to reduced interest and no prepayment penalties in case of early repayment on the Employee Mortgage Loan initially offered prior to 2016 and (ii) no actual set-off of amounts due under the Employee Mortgage Loan with salary payments is agreed or actually effectuated.

More Definitions of Employee Mortgage Loan

Employee Mortgage Loan. Each Mortgage Loan listed on Schedule B hereto. ERISA: The Employee Retirement Income Security Act of 1974, as amended.

Employee Mortgage Loan. Not applicable.

Employee Mortgage Loan. As defined in the Trust Agreement.

Employee Mortgage Loan means a Mortgage Loan granted to a Borrower who is an employee of Achmea Group.

Employee Mortgage Loan. Any Mortgage Loan made to an employee of the Underwriter or any one of its affiliates and listed on Schedule B hereto. ERISA: The Employee Retirement Income Security Act of 1974, as amended, and as it may further be amended from time to time, any successor statutes thereto, and applicable U.S. Department of Labor regulations issued pursuant thereto in temporary or final form.

Employee Mortgage Loan. Any Mortgage Loan in Pool 1, Pool 2 or Pool 3 made to an employee of the Underwriter or any one of its affiliates.

Employee Mortgage Loan means any Mortgage Loan or part thereof granted to a Borrower which is an employee of a company within the group (within the meaning of section 2:24b Dutch Civil Code) of Van Lanschot.