Mortgage Advance definition

Mortgage Advance means any advance (which may include a further advance) made by or on behalf of us secured or intended to be secured by a first charge over the Property, or any advance made by or on behalf of us;
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Mortgage Advance means any advance (which may include a further advance) made by or on behalf of us including those secured or intended to be secured by a first charge over the Property;
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Mortgage Advance means the cash advance to the Borrower pursuant to Section 2.1(e) hereof.
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Examples of Mortgage Advance in a sentence

  • None of the subsidiaries of Nationstar (other than Nationstar Home Equity Loan Trust 2009-A, Nationstar Mortgage Advance Receivables Trust 2010-ADV1 and Nationstar Residual, LLC) is a “significant subsidiary” (as defined in Rule 405 under the Securities Act).

  • Mandatory Prepayments of 2022 Series Mortgage Loans to Constitute Pledged Receipts or Mortgage Advance Amortization Payments 32 SECTION 506.

  • None of the subsidiaries of Nationstar LLC (other than Nationstar Home Equity Loan Trust 2009-A, Nationstar Mortgage Advance Receivables Trust 2010-ADV and Nationstar Residual, LLC) is a “significant subsidiary” (as defined in Rule 405 under the Securities Act).

  • Mandatory Prepayments of 2022 Series Mortgage Loans to Constitute Pledged Receipts or Mortgage Advance Amortization Payments.

  • Committed First Mortgage Loan 98% of the least of(i) the Mortgage Advance Rate: Note Amount or (ii) the Committed Purchase Price or (iii) the Acquisition Price.

  • Mortgage Advance shall mean the sum advanced by the Insured and secured by way of legal charge against the Property.

  • With respect to the 2022 Series Mortgage Loans, (i) the payment in whole or in part of a Mandatory Prepayment on the day before it shall be due or on its due date shall constitute Pledged Receipts, and (ii) the payment in whole or in part of a Mandatory Prepayment prior to the day before it shall be due shall constitute a Mortgage Advance Amortization Payment.

  • The Mortgage Advance shall bear interest, on the outstanding daily balance thereof, at Borrower's option, at a rate per annum equal to (A) the Prime Rate, or (B) the 5-year Treasury Note Rate plus 2.85%, in each case initially determined at the time of funding.

  • There are hereby created, effective as of the Issuance Date, the Series 2013-T2 Notes, to be issued pursuant to the Base Indenture and this Indenture Supplement, to be known as “Nationstar Mortgage Advance Receivables Trust 2013-T2 Advance Receivables Backed Notes, Series 2013-T2 Notes.” The Series 2013-T2 Notes shall not be subordinated to any other Series of Notes.

  • None of the subsidiaries of Nationstar, other than Nationstar Mortgage Advance Receivables Trust, Nationstar Servicer Advance Receivables Trust 2013-BOFA and Nationstar Servicer Advance Receivables Trust 2013-CS, is a “significant subsidiary” (as defined in Rule 405 under the Securities Act).


More Definitions of Mortgage Advance

Mortgage Advance means $6,800,000 to be borrowed by the Partnership from the Lender in accordance with the Mortgage Agreement;
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Mortgage Advance means an “Advance”, as defined in the Mortgage Loan Agreement.
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