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.
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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.