HML definition
Examples of HML in a sentence
For the avoidance of doubt, nothing in this Agreement shall oblige HML at any time to charge the same rate of interest in respect of the Mortgages as it does in respect of other mortgages administered by it.
HML may not assign or transfer any of its rights and obligations under this Agreement without the prior written consent of the Issuer and the Trustee.
HML shall have no liability for the obligations of the Issuer or any of the other parties to the Relevant Documents howsoever arising and nothing herein shall constitute a guarantee, or similar obligation, by HML of the Issuer.
Nothing in this Agreement shall prevent HML from rendering services similar to those provided for in this Agreement to other persons, firms or companies carrying on business similar to or in competition with the business.
The contract between HML and hirer will only be formed after HML receives payment for the minimum period and sends the order confirmation.
The hirer grants HML the right to enter his/her premises in this instance.
HML can only be accountable for any maintenance problems if notified by the hirer, continued use by the Hirer once notification has been made will be the total responsibility of the Hirer.
If the amount to which HML is entitled pursuant to Clause 5 (Fees of Substitute Administrator During Standby Period) and Clause 6 (Expenses of Substitute Administrator During Standby Period) is not paid on the due date for payment, interest will be payable on such amounts at the rate of 2 per cent per annum above the base rate from time to time of National Westminster Bank PLC from that date until the date of payment.
Upon termination of this Agreement in accordance with Clause 15 (Termination by Notice) hereof, HML shall return to the Issuer all of the Administration Materials and any other materials supplied or made available to it by the Administrators.
HML undertakes that the product is roadworthy if relevant and suitable for hire at the start of the hire period.