Scottish Loan definition

Scottish Loan means a Loan secured by a Scottish Mortgage;
Scottish Loan means a Loan secured by a standard security over a Property located in Scotland; Second Closing Date means 5 March 2008; Second Issue Closing Date means 12 October 2010;
Scottish Loan means a Loan secured by a standard security over a Property located in Scotland; Second Closing Date means 5 March 2008; Second Supplemental Issuer Deed of Charge means the supplemental deed entered into on 8 June 2012 that supplements with effect as of 18 June 2012 the Original Issuer Deed of Charge, as supplemented by the First Supplemental Issuer Deed of Charge and the Second Supplemental Issuer Deed of Charge;

Examples of Scottish Loan in a sentence

  • These set-off claims will constitute transaction set-off as described in the immediately preceding risk factor.The amount of any such claim in respect of a Flexible Loan Drawing will, in many cases, be the cost to the Borrower of finding an alternative source of funds (although, in the case of a Flexible Loan Drawing, in respect of a Scottish Loan, it is possible, though regarded as unlikely, that the Borrower's rights of set-off could extend to the full amount of the additional drawing).

  • The Investment Funds balance relates to bank accounts held in respect of The Scottish Co-Investment Fund and The Scottish Loan Fund.

  • In relation to each Scottish Loan, where the mortgage securing the Property is not in joint names, the Borrower must grant or (as applicable) obtain an affidavit, declaration, consent or renunciation, in terms of Matrimonial Homes (Family Protection) (Scotland) Act 1981 and/or (as applicable) the Civil Partnership Act 2004 in connection with such Scottish Loan and its related mortgage so as to ensure that the relevant Property is not subject to any right of occupancy.

  • As stated due to the increased allocation from the Pension Fund to alternatives, depending on the level of commitment the Fund will request or be invited to accept a position on the Advisory Committees, the Fund also has positions on the SL Capital, Capital Dynamics, and the Scottish Loan Fund/Maven Advisory Committees.

  • In relation to each Scottish Loan, where the mortgage securing the property is not in joint names, the Borrower must grant or (as applicable) obtain an affidavit, declaration, consent or renunciation, in terms of Matrimonial Homes (Family Protection) (Scotland) Act 1981 and/or (as applicable) the Civil Partnership Act 2004 in connection with such Scottish Loan and its related mortgage so as to ensure that the relevant property is not subject to any right of occupancy.

  • The Scottish Investment Bank is not a “bank” but is a division of Scottish Enterprise delivering existing early stage equity schemes and a new loan fund (The Scottish Loan Fund) aimed at established growth and exporting companies.

  • The first version of two Urdu songs for children were also written and produced this quarter.

  • Part-financed by the Scottish Government, the Scottish Loan Fund (SLF) provides mezzanine loans from £250,000 to £5 million to qualifying Scottish businesses on a commercial basis.

  • The Mortgage Administrator may, in practice, appoint a receiver to trade and/or sell a Property of a non-corporate Borrower as a going concern (or, in relation to a Scottish Loan, do so in CFML’s or CFBL’s own name) on the basis that a commercial view is taken on such disposition taking into account the interests of, and agreeing a course of action with, all parties, but this course of action cannot be relied upon.

  • The key new development is the launch of the Scottish Loan Fund, which will make a significant contribution to economic development.


More Definitions of Scottish Loan

Scottish Loan means a Loan secured by a standard security over a Property located in Scotland; Second Closing Date means 5 March 2008; Second Supplemental Issuer Deed of Charge means the supplemental deed entered into on 8 June 2012 that supplements with effect as of 18 June 2012 the Original Issuer Deed of Charge, as supplemented by the First Supplemental Issuer Deed of Charge and the Second Supplemental Issuer Deed of Charge;

Related to Scottish Loan

  • Assignable Loan means a Loan that is capable of being assigned or novated to, at a minimum, commercial banks or financial institutions (irrespective of their jurisdiction of organization) that are not then a lender or a member of the relevant lending syndicate, without the consent of the Reference Entity or the guarantor, if any, of such Loan (or the consent of the applicable borrower if the Reference Entity is guaranteeing such Loan) or any agent;

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • SOFR Loan means a Loan that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of “Alternate Base Rate”.

  • Canadian Loan means an extension of credit by a Canadian Lender to the Canadian Borrower under Article II in the form of a Committed Loan or a Swing Line Loan.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Commercial loan means a loan that is not made primarily for

  • Forgivable loan means a loan made to an eligible resident pursuant to the requirements of this chapter.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Initial Loan is defined in Section 2.1.

  • Secured Loan has the meaning specified in Section 2(e) hereof.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.

  • PACE Loan means (x) any “Property-Assessed Clean Energy loan” or (y) any other indebtedness, without regard to the name given to such indebtedness, which is (i) incurred for improvements to the Property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Property.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.