Mortgage Fund definition

Mortgage Fund means Sunstone Opportunity (2007) Mortgage Fund, an open-ended investment trust established pursuant to the laws of the Province of British Columbia;

Mortgage Fund. The portion of the Trust consisting of the assets described in clauses (A)(i) through (ix) of Section 2.01(a).

Mortgage Fund means the fund, to be established within Bud Bank S.A. pursuant to Section 6.01 (a) of this Agreement for the purpose of providing a stable source of long-term funds for housing investments;

Examples of Mortgage Fund in a sentence

• Articles of Incorporation and Bylaws of America First Fiduciary Corporation Number Five (incorporated herein by reference to Form S-11 Registration Statement filed August 30, 1985, with the Securities and Exchange Commission by America First Tax Exempt Mortgage Fund Limited Partnership (Commission File No. 2-99997)).

• On March 25, 1999, the Trust Agreement was signed between the Mortgage Fund for Housing Promotion (FONDO Hipotecario de Promoción de la Vivienda – MIVIENDA, now FONDO MIVIVIENDA S.A.) and Corporación Financiera de Desarrollo S.A. - COFIDE.

• The 25 basis points yield difference represents the payment of a fee (the “guarantee fee”) to CIBC Mortgages for its agreement to repurchase the mortgages from the Mortgage Fund in circumstances benefiting the Mortgage Fund.

• Discounts and premiums on the purchase of mortgages are also amortized on a straight-line basis over the term of the related mortgages.The Mortgage Fund sells mortgages at market value, except when the Mortgage Fund requires liquidity and the Mortgage Fund exercises the right to require CIBC Mortgages to buy back mortgages.

• Investments in the Distressed Mortgage Fund will be governed by the subscription agreement, the Limited Partnership Agreement and other related documents.

• Under this law, the Housing Mortgage Fund – MIVIVIENDA was created with resources deriving initially from the National Housing Fund (FONAVI), aimed at facilitating the acquisition of housing, especially social housing.

• On March 25, 1999, a Trust Agreement was signed between the Fondo Hipotecario de Promoción de la Vivienda - MIVIVIENDA (Mortgage Fund for Housing Promotion), (now Fondo MIVIVIENDA S.A.) and Corporación Financiera de Desarrollo S.A. (COFIDE).

• Alquist Hospital Facilities Seismic Safety Act of 1983 (Chapter 1 (commencing with Section 129675) of Part 7 of Division 107) flexibility in achieving compliance with, or in substantial satisfaction of the objectives of, building standards adopted pursuant to Section 1276 with regard to the use of interim space for the provision of hospital services, or both, on a case-by-case basis so long as public safety is not compromised.

• The aforementioned Law N° 28579 provided for the conversion of the former Mortgage Fund for Housing Promotion (Fondo Hipotecario de Promoción de la Vivienda – Fondo MIVIVIENDA) into a corporation named Fondo MIVIVIENDA S.A. effective as of January 1, 2006.

• In those financial statements, the Media Fund and Mortgage Fund were valued at approximately $50 million and $40 million, respectively.