CBC definition

Examples of CBC in a sentence

  • For the avoidance of doubt, such costs and expenses shall be obligations of the CBC to be reimbursed to the Servicer on the next CBC Payment Date following such foreclosure by deducting such costs and expenses from the gross foreclosure proceeds relating to the Mortgage Receivable.

  • The CBC authorises the Servicer to incur those reasonable costs and expenses to third parties which must reasonably be incurred in the foreclosure of any Mortgage Receivable and the related security rights, including the Mortgage and the Borrower Pledge of the CBC and/or the Security Trustee.

  • The Servicer shall procure that if at any time the relevant Originator and/or the Transferor receives moneys from a Borrower and it is unsure as to whether such moneys have been paid in respect of the relevant Mortgage Receivable or a mortgage loan secured by the lower-ranking mortgage, the relevant Originator and/or the Transferor shall promptly pay such amount into the CBC Account in satisfaction of the relevant Mortgage Receivable.

  • The CBC hereby waives its right to request the president of the district court to order that the Mortgage Receivables, the Beneficiary Rights and the NHG Advance Rights should be sold in a manner which differs from Article 3:250 of the Dutch Civil Code.

  • Pursuant to the Guarantee Support Agreement, the Transferor will transfer and assign to the CBC the Relevant Mortgage Receivables, the Beneficiary Rights and the NHG Advance Rights.


More Definitions of CBC

CBC means The Commercial Banking Company of Sydney Limited;
CBC means China Broadband Capital Partners II, L.P.
CBC means The Citizens Banking Company, an Ohio banking corporation which is a wholly-owned subsidiary of SFG.
CBC means Van Lanschot Conditional Pass-Through Covered Bond Company 2 B.V.
CBC has the meaning set forth in the preamble to this Agreement.
CBC means the Canadian Broadcasting Corporation, a Canadian Federal Crown corporation that serves as the national public radio and television broadcaster;
CBC means the payment described in Section 5 of this Agreement.