Mortgage commitment definition
Mortgage commitment means a legally binding obligation to
Mortgage commitment means a legally binding obligation to lend money on the security of a residential mortgage.
Mortgage commitment means the amount of money authorized by a board of directors to be advanced on the security of mortgages, which moneys have not been taken up by the persons to whom the advances have been approved;
Examples of Mortgage commitment in a sentence
Mortgage commitment date of real estate investment agreement pdf.
The ▇▇▇▇▇▇▇▇▇▇▇ Reserve Contribution, together with the “Coronation Reserve Contribution” as described in the Coronation – WIP 1st Mortgage commitment letter, shall be sourced from the funds held in Trust by the Lender from the Hush debtor‐in‐ possession loan facility (the “Hush DIP Loan”) and will continue to be held in MZ Trust account and be used to fund the cost to complete ▇▇▇▇▇▇▇▇▇▇▇ lots 7 and 8 and Coronation Lots 6, 8 and 11.
More Definitions of Mortgage commitment
Mortgage commitment means, for each Lender, at any time, the aggregate amount set forth opposite such Lender's name under the applicable column in Schedule A, or, if such Lender has entered into one or more Lender Assignments, set forth for such Lender in the register maintained pursuant to Section 9.4. "Mortgage Commitments" shall refer to the aggregate of the Lenders' Mortgage Commitments hereunder.
Mortgage commitment means the commitment originated by EquityLine Financial Corp. to be acquired and funded by the Participants;
Mortgage commitment means the agreement under which the Mortgagee has agreed to loan funds to the Mortgagor on security of a Mortgage;
Mortgage commitment shall have the meaning specified in Section 2.1;
Mortgage commitment means: That certain agreement by and between Mortgagor and Mortgagee dated April 18, 2000, as amended to date.
Mortgage commitment means the mortgage approval document issued by the Lenders to the Applicant that sets out the terms and conditions of the Lenders’ mortgage loan approval;
Mortgage commitment. Mortgage Loan," and "Mortgage Note" are hereby deleted from the Agreement.