Specified Mortgage Loan definition

Specified Mortgage Loan shall have the meaning specified in the Pricing Letter.
Specified Mortgage Loan means, with respect to each Purchased Asset that is a Purchased Mortgage Loan, a Mortgage Loan that exceeds the Aging Limit for the related Approved Mortgage Product.
Specified Mortgage Loan. Section 7(h).

Examples of Specified Mortgage Loan in a sentence

  • The "Specified Mortgage Loan" is subject to other terms and conditions.

  • No representation or warranty is given or shall be deemed to have been given by the Vendor as to the approval of the "Specified Mortgage Loan".

  • The Purchaser can apply to finance company(ies) arranged by the Vendor for the Specified Mortgage Loan ("Specified Mortgage Loan"), the loan amount shall not exceed 85% of the "Net Purchase Price".

  • The Purchaser can apply to finance company(ies) arranged by the Vendor for the Specified Mortgage Loan ("Specified Mortgage Loan"), the loan amount shall not exceed 85% of the purchase price.

  • No represention or warranty is given or shall be deemed to have been given by the Vendor as to the approval of the "Specified Mortgage Loan".

  • The Committee has noted with concern that whenever there are no activities undertaken on a Sub-programme, the OoP does not include it in the report.

  • Inmates shall be routinely tested for a variety of illegal/controlled substances, unauthorized medications, or prohibited substances as determined by the substance abuse monitor based on the inmate’s drug of choice, specific intelligence, or current drug use trends within the institution.

  • The approval or disapproval of the "Specified Mortgage Loan" and the terms thereof are subject to the final decision of the arranged finance company(ies).

  • Interest on the Specified Mortgage Loan will be calculated at 1% below the Best Lending Rate (P-1%p.a.) as quoted by The Hongkong and Shanghai Banking Corporation Limited ("the Best Lending Rate") for the period from the 19th month to the 36th month; and thereafter will be calculated at 1% above the Best Lending Rate (P+1%p.a.), subject to fluctuation.

  • Interest on the Specified Mortgage Loan will be calculated at 1% below the Best Lending Rate (P-1%p.a.) as quoted by The Hongkong and Shanghai Banking Corporation Limited ("the Best Lending Rate") for the period from the 13th month to the 36th month; and thereafter will be calculated at 1% above the Best Lending Rate (P+1%p.a.), subject to fluctuation.


More Definitions of Specified Mortgage Loan

Specified Mortgage Loan means the Initial Borrowing Base Pledged Mortgage Loan encumbering the Mortgaged Property known as Sanatoga.
Specified Mortgage Loan means the mortgage facility granted by the Bank to the Primary Customer relating to a relevant Specified Mortgage Loan Account, and "Specified Mortgage Loans" means all of them;

Related to Specified Mortgage Loan