Equity Mortgage definition

Equity Mortgage means a mortgage under which, in consideration for an Equity Percentage Loan, the mortgagor agrees that on the loan becoming repayable he or she shall pay to the Registered Provider an amount which is equal to the agreed percentage multiplied by the value of the Dwelling, as determined in accordance with the terms of the mortgage, at the date on which the loan becomes repayable.

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Equity Mortgage means a mortgage in the form specified in the Capital Funding Guide under which, in consideration for an Equity Loan, the mortgagor agrees that on the loan becoming repayable he shall pay to the Grant Recipient an amount which is equal to the agreed percentage multiplied by the value of the dwelling, determined in accordance with the terms of the mortgage, at the date upon which the loan becomes repayable; Estate Renewal Statement means the statement of that name incorporated within or supplied in support of the Programme Offer; EU Procurement Regime means all applicable United Kingdom and European procurement legislation and any implementing measures and any other legislation in connection with the procurement of works, supplies or services including European Union directives 2004/18/EC, 89/665/EEC and ▇▇▇▇/▇▇/▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Statutory Instruments 1991/268, 1995/201, 1993/3228 and 2006/5 insofar as the same are applicable; Exempted Information means any Information that is designated as falling or potentially falling within the FOIA Exemptions or the EIR Exemptions; FCA means the Financial Conduct Authority and anyone assuming the regulatory functions of the FCA from time to time; Final Disposal Date means the first anniversary of the Firm Scheme Completion Date; Financial Year means from the date of this Agreement to the next 31 March and thereafter from 1 April to 31 March in each year until the expiry of the Term or earlier termination of this Agreement; Firm Scheme means each scheme for the development of Affordable Housing accepted by the GLA pursuant to Condition 7.4; Firm Scheme Completion Date means the date for completion of the relevant Firm Scheme set out in the Firm Scheme Delivery Timetable; Firm Scheme Delivery Timetable means the timetable for construction and completion of the Firm Scheme as agreed by the GLA through IMS; Firm Scheme Details means the descriptive and other details in respect of each Firm Scheme as accepted by the GLA through IMS (as the same may be varied from time to time in accordance with the terms of this Agreement);

Equity Mortgage means a mortgage in the form specified in the Capital Funding Guide under which, in consideration for an Equity Loan, the mortgagor agrees that on the loan becoming repayable he shall pay to the Grant Recipient an amount which is equal to the agreed percentage multiplied by the value of the dwelling, determined in accordance with the terms of the mortgage, at the date upon which the loan becomes repayable; Estate Renewal Statement means the statement of that name incorporated within or supplied in support of the Programme Offer; EU Procurement Regime means all applicable United Kingdom and European procurement legislation and any implementing measures and any other legislation in connection with the procurement of works, supplies or services including European Union directives 2004/18/EC, 89/665/EEC and ▇▇▇▇/▇▇/▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Statutory Instruments 1991/268, 1995/201, 1993/3228 and 2006/5 insofar as the same are applicable; Exempt Disposal means any of:

Examples of Equity Mortgage in a sentence

• This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Home Equity Mortgage Asset-Backed Pass-Through Certificates of the Series specified hereon (herein collectively called the "Certificates").

• Home Equity Mortgage Loan Asset-Backed Trust, Home Equity Mortgage Loan Asset-Backed Certificates This Certificate is one of a duly authorized issue of Certificates designated as IndyMac ABS, Inc., Home Equity Mortgage Loan Asset-Backed Certificates, of the Series specified on the face hereof (herein collectively called the "Certificates"), and representing a beneficial ownership interest in the Trust Fund created by the Agreement.

• Home Equity Mortgage Trust [________] Home Equity Mortgage Pass-Through Certificates, Series [________] Class [_______] evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of a pool of conventional mortgage loans (the "Mortgage Loans") secured by primarily fixed rate, primarily second lien residential mortgage loans.

• Home Equity Mortgage Trust 2002-3 Home Equity Mortgage Pass-Through Certificates, Series 2002-3 Class [_______] evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of a pool of conventional mortgage loans (the "Mortgage Loans") secured by fixed rate, second lien residential mortgage loans.

• Home Equity Mortgage Trust 2002-2 Home Equity Mortgage Pass-Through Certificates, Series 2002-2 Class [_______] evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of a pool of conventional mortgage loans (the "Mortgage Loans") secured by fixed rate, second lien residential mortgage loans.

• This Certificate is one of a duly authorized issue of Certificates issued in several Classes designated as Home Equity Mortgage Asset-Backed Pass-Through Certificates of the Series specified hereon (herein collectively called the “Certificates”).

• Loan and Security Agreement, dated March 17, 1998, by and among IMC Mortgage Company, IMC Corporation of America, ACG Financial Services (IMC), Inc., American Mortgage Reduction, Inc., Central Money Mortgage Co. (IMC), Inc., Corewest Banc, Equity Mortgage Co., (IMC), Inc., Mortgage America (IMC), Inc., National Lending Center, Inc., National Lending Center TILT, Inc, and Residential Mortgage Corporation (IMC), Inc., as borrowers, and German American Capital Corporation, as lender.

• Home Equity Mortgage Trust 2006-1 Home Equity Mortgage Pass-Through Certificates, Series 2006-1 Class [_______] evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of a pool of conventional mortgage loans (the “Mortgage Loans”) secured by primarily fixed rate, primarily second lien residential mortgage loans.

• Home Equity Mortgage Trust 2005-4 Home Equity Mortgage Pass-Through Certificates, Series 2005-4 Class [_______] evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of a pool of conventional mortgage loans (the "Mortgage Loans") secured by primarily fixed rate, primarily second lien residential mortgage loans.

• First Franklin Mortgage Loan Trust 2004-FFB Home Equity Mortgage Pass-Through Certificates, Series 2004-FFB Class [_______] evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of a pool of conventional mortgage loans (the "Mortgage Loans") secured by fixed rate, second lien residential mortgage loans.

More Definitions of Equity Mortgage

Equity Mortgage means a mortgage under which, in consideration for an Equity Loan, the mortgagor agrees that on the loan becoming repayable he shall pay to the Grant Recipient an amount which is equal to the agreed percentage multiplied by the value of the dwelling, determined in accordance with the terms of the mortgage, at the date upon which the loan becomes repayable; EU Procurement Regime means all applicable United Kingdom and European procurement legislation and any implementing measures and any other legislation in connection with the procurement of works, supplies or services including European Union directives 2004/18/EC, 89/665/EEC and 2004/17/EC, United Kingdom Statutory Instruments 1991/268, 1995/201, 1993/3228 and 2006/5 insofar as the same are applicable; Exempted Information means any Information that is designated as falling or potentially falling within the FOIA Exemptions or the EIR Exemptions; Financial Year means from the date of this Agreement to the next 31 March and thereafter from 1 April to 31 March in each year until the expiry of the Term or early termination of this Agreement;

Equity Mortgage means a mortgage under which, in consideration for an Equity Loan, the mortgagor agrees that on the loan becoming repayable he shall pay to the Landlord of that dwelling an amount which is equal to the agreed percentage multiplied by the value of the dwelling, determined in accordance with the terms of the mortgage, at the date upon which the loan becomes repayable; EU Procurement Regime means all applicable United Kingdom and European procurement legislation and any implementing measures and any other legislation in connection with the procurement of works, supplies or services including European Union directives 2004/18/EC, 89/665/EEC and 2004/17/EC, United Kingdom Statutory Instruments 1991/268, 1995/201, 1993/3228 and 2006/5 insofar as the same are applicable; Exempted Information means any Information that is designated as falling or potentially falling within the FOIA Exemptions or the EIR Exemptions; FA 2004 means the Finance Act 2004; Financial Year means from the date of this Agreement to the next 31 March and thereafter from 1 April to 31 March in each year until the expiry of the Term or early termination of this Agreement;

Equity Mortgage means a mortgage under which, in consideration for an Equity Loan, the mortgagor agrees that on the loan becoming repayable he shall pay to the Grant Recipient an amount which is equal to the agreed percentage multiplied by the value of the dwelling, determined in accordance with the terms of the mortgage, at the date upon which the loan becomes repayable; EU Procurement Regime means all applicable United Kingdom and European procurement legislation and any implementing measures and any other legislation in connection with the procurement of works, supplies or services including European Union directives 2004/18/EC, 89/665/EEC and 2004/17/EC, United Kingdom Statutory Instruments 1991/268, 1995/201, 1993/3228 and 2006/5 insofar as the same are applicable; Excess means following the operation of Conditions 13.2.3(b) and 13.5 the amount by which the Firm Scheme Grant allocated in respect of the relevant Firm Scheme exceeds the revised Total Grant Required figure;

Equity Mortgage means a mortgage in the form specified in the Capital Funding Guide under which, in consideration for an Equity Loan, the mortgagor agrees that on the loan becoming repayable he shall pay to the Relevant Consortium Member an amount which is equal to the agreed percentage multiplied by the value of the dwelling, determined in accordance with the terms of the mortgage, at the date upon which the loan becomes repayable; Estate Renewal Statement means the statement of that name incorporated within or supplied in support of the Programme Offer by the Lead Partner; EU Procurement Regime means all applicable United Kingdom and European procurement legislation and any implementing measures and any other legislation in connection with the procurement of works, supplies or services including European Union directives 2004/18/EC, 89/665/EEC and ▇▇▇▇/▇▇/▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Statutory Instruments 1991/268, 1995/201, 1993/3228 and 2006/5 insofar as the same are applicable; Exempt Disposal means any of:

Equity Mortgage means a mortgage under which, in consideration for an Equity Loan, the mortgagor agrees that on the loan becoming repayable he shall pay to the Grant Recipient an amount which is equal to the agreed percentage multiplied by the value of the dwelling, determined in accordance with the terms of the mortgage, at the date upon which the loan becomes repayable; EU Procurement Regime means all applicable United Kingdom and European procurement legislation and any implementing measures and any other legislation in connection with the procurement of works, supplies or services including European Union directives 2004/18/EC, 89/665/EEC and 2004/17/EC, United Kingdom Statutory Instruments 1991/268, 1995/201, 1993/3228 and 2006/5 insofar as the same are applicable; Exempted Information means any Information that is designated as falling or potentially falling within the FOIA Exemptions or the EIR Exemptions; Financial Year means from the date of this Agreement to the next 31 March and thereafter from 1 April to 31 March in each year until the expiry of the Term or early termination of this Agreement; Firm Scheme means each scheme for the development of Affordable Housing accepted by the Agency pursuant to Condition 6.2; Firm Scheme Completion Date means the date for completion of the relevant Firm Scheme set out in the Firm Scheme Delivery Timetable; Firm Scheme Delivery Timetable means the timetable for construction and completion of the Firm Scheme as agreed by the Agency through IMS;

Equity Mortgage means a mortgage under which, in consideration for an Equity Loan, the mortgagor agrees that on the loan becoming repayable he shall pay to the Relevant Consortium Member an amount which is equal to the agreed percentage multiplied by the value of the dwelling, determined in accordance with the terms of the mortgage, at the date upon which the loan becomes repayable; EU Procurement Regime means all applicable United Kingdom and European procurement legislation and any implementing measures and any other legislation in connection with the procurement of works, supplies or services including European Union directives 2004/18/EC, 89/665/EEC and 2004/17/EC, United Kingdom Statutory Instruments 1991/268, 1995/201, 1993/3228 and 2006/5 insofar as the same are applicable; Excess means, following the operation of Condition 13.3.3(b) or Condition 13.6, the amount by which the Firm Scheme Grant allocated in respect of the relevant Firm Scheme exceeds the revised Total Grant Required figure;