Loan Warranties definition

Loan Warranties means the representations and warranties set out in Schedule 1 (Loan Warranties) to the Mortgage Sale Agreement;
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Loan Warranties means the Representations and Warranties;
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Loan Warranties means the Seller's warranties as set out in Part 1 of Schedule 1 (Warranties) to the Mortgage Sale Agreement.
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Examples of Loan Warranties in a sentence

  • The Servicer shall be under no obligation to monitor the compliance of Loans and their Related Security with the Loan Warranties.


More Definitions of Loan Warranties

Loan Warranties means the Warranties set out in Schedule 5 made by the Lenders in accordance with Clause 6.1(b);
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Loan Warranties means the representations and warranties set out in Schedule 1 (Loan Warranties) to the Mortgage Sale Agreement; Losses means all realised losses in respect of a Loan, including set-off losses; LP (MP) Act means the Law of Property (Miscellaneous Provisions) Act 1994; LTV, LTV Ratio or loan-to-value ratio means the ratio (expressed as a percentage) of the outstanding balance of a Loan to the value of the Property securing that Loan;‌ Master Definitions and Construction Schedule means this master definitions and construction schedule (as the same may be amended, restated, varied, supplemented, replaced and/or novated from time to time);
Sample 1
Loan Warranties means the representations and warranties set out in Schedule 1 (Loan Warranties) to the Mortgage Sale Agreement; Losses means all realised losses in respect of a Loan; LP (MP) Act means the Law of Property (Miscellaneous Provisions) Act 1994; LTV, LTV Ratio or loan-to-value ratio means the ratio (expressed as a percentage) of the outstanding balance of a Loan to the value of the Property securing that Loan; Main Securities Market means the regulated market of the Irish Stock Exchange; Master Definitions and Construction Schedule means this master definitions and construction schedule (as the same may be amended, restated, varied, supplemented, replaced and/or novated from time to time); Material Adverse Effect means, as the context requires:
Sample 1
Loan Warranties means the representations and warranties set out in Schedule 1 (Loan Warranties) to the Mortgage Sale Agreement; Losses means all realised losses in respect of a Loan; LP (MP) Act means the Law of Property (Miscellaneous Provisions) Act 1994; LTV, LTV ratio or loan-to-value ratio means the ratio (expressed as a percentage) of the outstanding balance of a Loan to the value of the Property securing that Loan; Main Securities Market means the regulated market of the Irish Stock Exchange; Markets in Financial Instruments Directive means Markets in Financial Instruments Directive 2004/39/EC; Master Definitions and Construction Schedule means this master definitions and construction schedule (as the same may be amended, restated, varied, supplemented, replaced and/or novated from time to time); Maximum Class Z VFN Amount means £500,000,000 or such other amount as may be agreed from time to time by the Issuer and the Class Z VFN Holder, and such amount to be notified to the Note Trustee; Member State means a state of the European Union; MCOB means the FCA Handbook module known as the Mortgages and Home Finance: Conduct of Business sourcebook; Monthly Payment means the amount which the relevant Mortgage Conditions require a Borrower to pay on each monthly payment date in respect of that Borrower's Loan; Monthly Period means the monthly period commencing on and including the first calendar day of each month and ending on and including the last calendar day of each month except that the first Monthly Period will commence on the Closing Date and end on the last calendar day of January 2016; Monthly Pool Date means the 16th of each month; Monthly Test Date means the 9th of each month; Moody's means Xxxxx'x Investors Service Limited and includes any successor to its rating business; Mortgage means in respect of any Loan each first fixed charge by way of legal mortgage secured over a Property located in England or Wales which is, or is to be, sold by the Seller to the Issuer pursuant to the Mortgage Sale Agreement, which secures the repayment of the relevant Loan including the Mortgage Conditions applicable to it;
Sample 1
Loan Warranties means the representations and warranties set out in Schedule 1 (Loan Warranties) to the Mortgage Sale Agreement; Losses means the aggregate of (a) all realised losses on the Loans which are not recovered from the proceeds following the sale of the Property to which such Loan relates or any losses realised by the Issuer on the Loans as a result of the failure of the Collection Account Bank to remit funds to the Issuer and (b) any loss to the Issuer as a result of an exercise of any set-off by any Borrower in respect of its Loan; LP (MP) Act means the Law of Property (Miscellaneous Provisions) Act 1994; Master Definitions and Construction Schedule means this master definitions and construction schedule; MCOB means the Mortgages and Home Finance: Conduct of Business Sourcebook, which sets out the rules under FSMA for regulated mortgage activities; Member State means a state of the European Union; Modified Following Business Day Convention has the meaning given to it in the ISDA Definitions; Monthly Instalment means the amount which the relevant Mortgage Conditions require a Borrower to pay on each monthly payment date in respect of that Borrower's Loan; Monthly Period means the monthly period commencing on and including the first calendar day of each month and ending on and including the last calendar day of each month except that the first Monthly Period will commence on 1 July 2022 and end on the last calendar day of August 2022.
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Related to Loan Warranties

  • Purchaser Warranties shall have the meaning ascribed to the term in Clause 8.1;

  • Seller’s Warranties means the warranties given by the Seller pursuant to Clause 9 and Schedule 9, and “Seller’s Warranty” means any one of them;

  • Representations and Warranties means the representations and warranties mentioned in Clause 4 hereto;

  • Warranties - means collectively any and all warranties (if any) given by the Bidder in terms of this agreement.

  • Seller Warranties means the warranties given by the Seller in Schedule 3;

  • Purchaser’s Warranties means the warranties and representations given by the Purchasers pursuant to Clause 5.2 and Schedule 2 and “Purchasers’ Warranty” means any one of them;

  • Limited Warranty means the limited warranties and your coverage provided by IKO for your Shingles as expressly set out in this document, and are the only warranties being provided by IKO.

  • Specified Representations means the representations and warranties of the Borrower and set forth in Sections 5.01(a) (solely as it relates to the Loan Parties), 5.01(b)(ii), 5.02 (other than 5.02(b)), 5.04, 5.12, 5.15, 5.16 (subject to the proviso to Section 4.01(a)(iv)) and 5.20 (limited to the use of proceeds of the Loans on the Closing Date).

  • Warranty means a warranty made solely by the manufacturer,

  • Seller Fundamental Representations means the representations and warranties of Seller contained in Section 3.01 (Existence and Power), Section 3.02 (Authorization), Section 3.05 (Group Companies) (other than Section 3.05(e)) and Section 3.21 (Finders’ Fees).

  • Buyer Fundamental Representations means the representations and warranties set forth in Section 5.1 (Organization; Authority; Enforceability), Section 5.2 (Capitalization), Section 5.3 (Brokerage), Section 5.4 (Trust Account) and Section 5.12 (Investment Intent).

  • Fundamental Representations has the meaning set forth in Section 8.1.

  • Express warranty means an express warranty as set forth in sections 4-2-313 and 4-2.5-210, C.R.S. An express warranty shall cover every part of a new facilitative device.

  • Purchaser Fundamental Representations means the representations and warranties set forth in Section 4.1 (Organization; Good Standing); Section 4.2 (Corporate Power; Enforceability); Section 4.3(a) (Non-Contravention) and Section 4.8 (Brokers).

  • Company Fundamental Representations means the representations and warranties set forth in Section 3.1(a) and Section 3.1(b) (Organization and Qualification), Section 3.2(a), Section 3.2(c) and Section 3.2(f) (Capitalization of the Group Companies), Section 3.3 (Authority), Section 3.8(a) (No Company Material Adverse Effect) and Section 3.17 (Brokers).

  • Manufacturer’s Warranty means the warranty supplied from time to time by the manufacturer of the Goods as at the date of the acceptance of the Statement of Work; “PPSA” means the Personal Property Securities Xxx 0000; “Price” means the amount specified within each Statement of Work (subject to any Variation) or as otherwise specified from the Company to the Customer representing the cost for the Works; “Related Work” means any additional building, carpentry, painting, plastering, plumbing or other work or other trades that the Customer requires, which are not to be carried out by the Company; “Services” means the services provided by the Company to the Customer as part of the Works, which may include without limitation the installation of Goods; “Services Delay Charge” means the services delay charge (if any) set out in the Statement of Work; “Services Interruption Event” means any interruption to a Works caused by; a Force Majeure Event, the Customer’s failure to carry out or perform any obligation required of it under this agreement which in the sole opinion of the Company does or may cause a delay in the Works and any other matter which in the reasonable opinion of the Company will cause an interruption or delay in the performance of the Works; “Statement of Work” means the details outlining the provision of the Works, which statement can be delivered verbally or in writing (including email) and may include (where applicable) an estimate or quotation (as specifically expressed as the case) of costs; “Variation” means a change in the Statement of Work including the specifications, scope, time of supply, price or scale of the Works and such variation shall form part of this agreement; “Workmanship” means a good and high quality and standard of delivery in connection with the Services performed; “Works” means the supply of Goods and the provision of Services to the Customer as per each Statement of Work;