Scottish Loan definition

Scottish Loan means a Loan secured by a Scottish Mortgage;
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Scottish Loan means a Loan secured by a standard security over a Property located in Scotland; Second Closing Date means 5 March 2008;
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Scottish Loan means a Loan secured by a standard security over a Property located in Scotland; Second Closing Date means 5 March 2008; Second Supplemental Issuer Deed of Charge means the supplemental deed entered into on 8 June 2012 that supplements with effect as of 18 June 2012 the Original Issuer Deed of Charge, as supplemented by the First Supplemental Issuer Deed of Charge and the Second Supplemental Issuer Deed of Charge;
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Examples of Scottish Loan in a sentence

  • These set-off claims will constitute transaction set-off as described in the immediately preceding risk factor.The amount of any such claim in respect of a Flexible Loan Drawing will, in many cases, be the cost to the Borrower of finding an alternative source of funds (although, in the case of a Flexible Loan Drawing, in respect of a Scottish Loan, it is possible, though regarded as unlikely, that the Borrower's rights of set-off could extend to the full amount of the additional drawing).

  • In relation to each Scottish Loan, where the mortgage securing the Property is not in joint names, the Borrower must grant or (as applicable) obtain an affidavit, declaration, consent or renunciation, in terms of Matrimonial Homes (Family Protection) (Scotland) Act 1981 and/or (as applicable) the Civil Partnership Act 2004 in connection with such Scottish Loan and its related mortgage so as to ensure that the relevant Property is not subject to any right of occupancy.

  • The Investment Funds balance relates to bank accounts held in respect of The Scottish Co-Investment Fund and The Scottish Loan Fund.

  • As stated due to the increased allocation from the Pension Fund to alternatives, depending on the level of commitment the Fund will request or be invited to accept a position on the Advisory Committees, the Fund also has positions on the SL Capital, Capital Dynamics, and the Scottish Loan Fund/Maven Advisory Committees.

  • In relation to each Scottish Loan, where the mortgage securing the property is not in joint names, the Borrower must grant or (as applicable) obtain an affidavit, declaration, consent or renunciation, in terms of Matrimonial Homes (Family Protection) (Scotland) Act 1981 and/or (as applicable) the Civil Partnership Act 2004 in connection with such Scottish Loan and its related mortgage so as to ensure that the relevant property is not subject to any right of occupancy.

  • The Scottish Investment Bank is not a “bank” but is a division of Scottish Enterprise delivering existing early stage equity schemes and a new loan fund (The Scottish Loan Fund) aimed at established growth and exporting companies.

  • He also states that ‘There is a significantly higher risk of associated antisocial behaviour with those who engage with VSA as compared to non-abusers’ ((2001, p.8).

  • Prior to the occurrence of a Perfection Event, the legal title to each Loan and its Related Security in the Portfolio will be held by the Sunbury Legal Title Holders or the Moonraker Legal Title Holders (as applicable) (the "Legal Title Holders") on bare trust for the Issuer (including, in respect of a Scottish Loan and related Scottish Mortgage, under and pursuant to a Scottish Declaration of Trust).

  • The Mortgage Administrator may, in practice, appoint a receiver to trade and/or sell a Property of a non-corporate Borrower as a going concern (or, in relation to a Scottish Loan, do so in CFML’s or CFBL’s own name) on the basis that a commercial view is taken on such disposition taking into account the interests of, and agreeing a course of action with, all parties, but this course of action cannot be relied upon.

  • The sale of the Scottish Loans and their Related Security from the Seller to the Issuer will be given effect by Scottish Declarations of Trust by the Seller (and any sale of any Further Advance in respect of a Scottish Loan and its Related Security will be given effect to by a further Scottish Declaration of Trust, if necessary, by the Seller) in favour of the Issuer by which the beneficial interest in such Scottish Loans and their Related Security will be transferred to the Issuer.

Related to Scottish Loan

  • Assignable Loan means a Loan that is capable of being assigned or novated to, at a minimum, commercial banks or financial institutions (irrespective of their jurisdiction of organization) that are not then a lender or a member of the relevant lending syndicate, without the consent of the Reference Entity or the guarantor, if any, of such Loan (or the consent of the applicable borrower if the Reference Entity is guaranteeing such Loan) or any agent;

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Commercial loan means a loan that is not made primarily for

  • Forgivable loan means a loan made to an eligible resident pursuant to the requirements of this chapter.

  • Sub-loan means a loan made or proposed to be made out of the proceeds of the Loan to a Beneficiary for a Development Project;

  • Subordinated Loan has the meaning set forth in Section 1.2(a) of the Agreement.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • the obligors on a note means "the obligor or obligors on a note"). "Until [something occurs]" does not imply that it must occur, and will not be modified by the word "unless." The word "due" and the word "payable" are each used in the sense that the stated time for payment has passed. The word "accrued" is used in its accounting sense, i.e., an amount paid is no longer accrued. In the calculation of amounts of things, differences and sums may generally result in negative numbers, but when the calculation of the excess of one thing over another results in zero or a negative number, the calculation is disregarded and an "excess" does not exist. Portions of things may be expressed as fractions or percentages interchangeably.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Initial Loan is defined in Section 2.1.

  • Secured Loan has the meaning specified in Section 2(e) hereof.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.

  • PACE Loan means (x) any “Property-Assessed Clean Energy loan” or (y) any other indebtedness, without regard to the name given to such indebtedness, which is (i) incurred for improvements to the Property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Property.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Construction Loan Agreement means the Construction Loan Agreement between Lender and Borrower for construction on the Land.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.