Relevant Mortgage Loans definition

Relevant Mortgage Loans means, in relation to each Transferor, each Mortgage Loan entered into or acquired by the relevant Transferor as set forth under its name in the List of Mortgage Loans.
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Relevant Mortgage Loans means, in relation to each Transferor, each Mortgage Loan entered into or acquired by the relevant Transferor as set forth under its name in "Relevant Mortgage Receivables" Annex 1 to any Deed of Sale, Assignment and Pledge; means any and all of the rights of the relevant Transferor, or, after assignment of the relevant mortgage receivables of the CBC, against any Borrower under or in connection with the Relevant Mortgage Loans;
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Examples of Relevant Mortgage Loans in a sentence

  • Unless, following termination of the Swap Agreement, one or more comparable replacement interest rate swaps are entered into by the Issuer, it will be exposed to the possible variance between the rates of interest payable in respect of the Relevant Mortgage Loans that are hedged pursuant to the Swap Agreement and EURIBOR and as a result, may have insufficient funds to make payments due on the Notes.

  • Each of the Relevant Mortgage Loans conforms to the Mortgage Loans Criteria in all material respects.

  • Payments in respect of the Relevant Mortgage Loans are made in arrear in monthly instalments by direct debit.

  • The Relevant Mortgage Loans and the Mortgage Conditions relating thereto comply in all material respects with the laws of the Netherlands applicable thereto, including mortgage credit and consumer protection legislation.

  • The Borrowers have been committed in the Mortgage Conditions relating to the Relevant Mortgage Loans to take out a building insurance policy (' opstalverzekering') for the full reinstatement value ('herbouwwaarde') at the time the Relevant Mortgage Loan was advanced.

  • To the best of its knowledge, the relevant Borrowers are not in any material breach of any provision of their Relevant Mortgage Loans.

  • The Mortgage Conditions relating to the Relevant Mortgage Loans provide that all payments by the Borrower should be made without any deduction or set-off.

  • No amount is held in respect of all Relevant Mortgage Loans in deposit with respect to premia and interest payments (' rente- en premiedepots').

  • As a condition to the Issuer purchasing any Additional Mortgage Loans, the Issuer must first have entered into the Subsequent Swaps to hedge any additional interest rate exposure arising from any Additional Mortgage Loans that are added to the Mortgage Portfolio which are Relevant Mortgage Loans.

  • Other than the aggregate Construction Amounts under construction mortgage loans (' bouwhypotheken'), all Relevant Mortgage Loans have been fully disbursed.

Related to Relevant Mortgage Loans

  • Mortgage Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

  • Eligible Mortgage Loan means, on any date of determination, a Mortgage Loan: