Examples of Savings Mortgage Loans in a sentence
To mitigate the risk of set-off or defenses with respect to Bank Savings Mortgage Loans, the Security Trustee and the Bank Savings Participant have entered into the Bank Savings Participation Agreement.
The analysis in that situation is similar to the situation in case of insolvency of the insurer, except if the relevant Originator is itself liable, whether jointly with the insurer or separately, vis-à-vis the Borrower/insured (see for a description of risks in relation to the bankruptcy of an insurer Risk of set-off or defences under Life Mortgage Loans, Savings Mortgage Loans and Savings Investment Mortgage Loans below).
Types of Mortgage LoansEach Pool of Mortgage Loans may consist of Interest-only Mortgage Loans (which may include Bridge Mortgage Loans), Annuity Mortgage Loans, Linear Mortgage Loans, Life Mortgage Loans, Savings Mortgage Loans, Investment Mortgage Loans or combinations of these types of loans.
The Mortgage Loans will consist of (i) Interest-only Mortgage Loans (aflossingsvrije hypotheken), (ii) Savings Mortgage Loans (spaarhypotheken), (iii) Bank Savings Mortgage Loans (bankspaarhypotheken), (iv) Linear Mortgage Loans (lineaire hypotheken),(v) Annuity Mortgage Loans (annuïteitenhypotheken), (vi) Investment Mortgage Loans (beleggingshypotheken) and (vii) Life Mortgage Loans (levenhypotheken) or combinations of any of these types of mortgage loans (combinatiehypotheken).
Savings Mortgage Loans and Life Mortgage Loans are connected to a combined risk and capital insurance policy.
The Savings Mortgage Loans and Life Mortgage Loans are, and the Interest-only Mortgage Loans, Linear Mortgage Loans, Annuity Mortgage Loans and Investment Mortgage Loans may be, connected to an Insurance Policy.
For specific set-off issues relating to the Life Mortgage Loans, Savings Mortgage Loans and/or, as the case may be, Bank Savings Mortgage Loans, reference is made to 'Risk of set-off or defences by Borrowers in the event of an insolvency of Insurance Companies' and 'Risks related to offering of Life Insurance Policies and Investment Mortgage Loans'.
Moreover, Ms. Sheldon’s subjective belief that the ropes course was not inherently dangerous is irrelevant.
Claims against the Transferor could, inter alia, result from savings accounts or deposits made by such Borrower with the Transferor, including, Construction Deposits and, in respect of Bank Savings Mortgage Loans, Bank Savings Deposits.
In respect of the relevant Bank Savings Deposits, the intention is that at the maturity of the relevant Bank Savings Mortgage Loans, such Bank Savings Deposits will be used to repay the relevant Mortgage Receivable, whether in full or in part.