mortgage guarantee definition
mortgage guarantee means a guarantee provided by a mortgage guarantee company for the repayment of an outstanding housing loan and interest accrued thereon up to the guaranteed amount to a creditor institution, on the occurrence of a trigger event;
mortgage guarantee means the guarantee extended by a mortgage guarantee company, over the security provided by the Borrower for the purposes of the Loan, in compliance with the Reserve Bank of India's 'Mortgage Guarantee Company Guidelines, 2008;
mortgage guarantee. It refers to the Real Estate Properties described in Section A., of “Annex D", which are granted by the "MORTGAGE GUARANTOR" as the main guarantee of the payment to be made by the “DEBTOR" based on the provisions of this Agreement; this guarantee shall be subject to the terms and conditions agreed upon by the “Parties" in this Document and within the Special Clauses that may be agreed upon and added to the referred “Annex D".
More Definitions of mortgage guarantee
mortgage guarantee means a Guarantee offered by HDC to HNZC to safeguard against default by the Selected Party after assuming responsibility for the HIF Loans.
mortgage guarantee means a guarantee given by a Mortgagor guaranteeing the obligations of the Borrower under the Insured Loan;
mortgage guarantee has the meaning set forth in Section 6.18.