Examples of Further Advances in a sentence
Further Advances The Servicer must not consent to a request by a Debtor for a Further Advance in respect of a Series Receivable.
Subject to complying with the terms of Clauses 8.1 and 8.3 herein, the Administrator may accept requests from Borrowers for Product Switches and Further Advances provided that the Administrator acts in accordance with its then procedure which would be acceptable to a reasonable and prudent mortgage lender.
The Issuer will use Principal Receipts and amounts standing to the credit of the Retained Principal Receipts Ledger towards the purchase of New Loans and Further Advances from each Seller, if offered for sale.
The Mortgage Security secures Further Advances we provide you with but unless the Mortgage Offer says otherwise, we are not obliged to make Further Advances to you.
Prior to 2008, Further Advances were made on existing Loans based on the indexed LTV without carrying out a formal valuation.