Examples of Investment Mortgage Loan in a sentence
In particular liability could arise if the value of the investments held in connection with the Investment Mortgage Loans is not sufficient to repay the Investment Mortgage Loan at maturity.
The Mortgage Loan to which a Mortgage Receivable relates is either an Interest-only Mortgage Loan, an Annuity Mortgage Loan, a Linear Mortgage Loan, an Investment Mortgage Loan, a Life Mortgage Loan, a Savings Mortgage Loan, a Bank Savings Mortgage Loan or a Revolving Credit Mortgage Loan, or any combination of the foregoing.
Under an Investment Mortgage Loan the Borrower does not pay principal prior to maturity of the Mortgage Loan, but undertakes to invest on an instalment basis or by means of a lump sum investment an agreed amount in certain investment funds.
The rights under these investments are pledged to the relevant Seller as security for repayment of the relevant Investment Mortgage Loan.
Investment Mortgage LoansUnder an Investment Mortgage Loan the Borrower does not pay principal prior to the maturity of the mortgage loan, but instead undertakes to invest, on an instalment basis or up front, defined amounts in certain investment funds.
The rights under these investments are pledged to the Seller as security for repayment of the relevant Investment Mortgage Loan.
Under or pursuant to the Mortgage Receivables Purchase Agreement, the Seller warrants and represents in relation to each Mortgage Receivable which is related to an Investment Mortgage Loan, that (i) the relevant Mortgage Receivable does not relate to any Mixed Insurance Policy and (ii) the relevant securities account is maintained in the relevant Borrower's name with an investment firm or bank as abovementioned.
Investment Mortgage Loan (“Beleggingshypotheek”)This is an interest only loan combined with (a) an investment plan and (b) a life insurance.
The quality of the service delivered by Business Gateway Lanarkshire is measured at a National level.
Furthermore the Seller shall undertake to repurchase and accept reassignment of a Mortgage Receivable if the Borrower has under the terms of an Investment Mortgage loan, requested to switch the premia accumulated in the relevant Savings Insurance Policy with any of the Insurance Companies (‘ASR Spaarhypotheek Garantie’) into another eligible investment under the Investment Mortgage Loan.