special mortgage means a mortgage bond hypothecating any immovable property or a notarial mortgage bond hypothecating specially described movable property in terms of section one of the Notarial Bonds (Natal) Act, 1932 (Act No. 18 of 1932), but excludes any other mortgage bond hypothecating movable property;
special mortgage means any hypothecation duly registered against immovable property in accordance with any enactment;
special mortgage means a mortgage bond hypothecating any immovable property or a notarial mortgage bond hypothecating specially described movable property in terms of section 1 of the Security by Means of Movable Property Act, 1993 (Act 57 of 1993), or such a notarial mortgage bond registered before 7 May 1993 in terms of section 1 of the Notarial Bonds (Natal) Act, 1932 (Act 18 of 1932), but excludes any other mortgage bond hypothecating movable property;
More Definitions of special mortgage
special mortgage means a mortgage bond hypothecating any immovable property or a notarial mortgage bond hypothecating specially described movable property in terms of section 1 of the Security by Means of Movable Property Act, 1993 (Act No. 57 of 1993), or such a notarial mortgage bond registered before 7 May 1993 in terms of section 1 of the Notarial Bonds (Natal) Act, 1932 (Act No. 18 of 1932), but excludes any other mortgage bond hypothecating movable property;[Definition of "special mortgage" inserted by s. 2 (c) of Act No. 16 of 1943 and substituted by s. 4 of Act No. 57 of 1993 and by s. 1 (1) of Act No. 157 of 1993.]Wording of Sections
special mortgage means a residential mortgage loan originated, subsidized, or guaranteed by or
special mortgage means a mortgage originated, subsidized or guaranteed by or
special mortgage means a mortgage bond hypothecating any immovable property, but excludes any other mortgage bond executed after the commence- ment of this Act and purporting to hypothecate movable property;
special mortgage means a mortgage bond hypothecating any immovable property or a notarial mortgage bond hypothecating specially described movable property in terms of section 1 of the Security by Means of Movable Property Act, 1993 (Act 57 of 1993), or such a notarial mortgage bond registered before 7 May 1993 in terms of section 1 of the Notarial Bonds (Natal) Act, 1932 (Act 18 of 1932), but excludes any other mortgage bond hypothecating movable property.sub-clause, which also records ABSA’s undertaking, as a party to the agreement, to repay the amount, or any part thereof, to the liquidators if so directed by a court or by the Master. The terms of the undertaking by ABSA were set forth in annexure F to the agreement.[4] The relief sought by Mrs Wolpe in the interim application is set out in paragraph 3 of the amended notice of motion in the principal proceedings as follows:3. [An order o]rdering the fourth respondent to pay the liquidators, within five (5) days of an order being made to this effect, all amounts paid to it, whether as an advance secured award or otherwise, in terms of sub-clauses 4.2.2, 4.3 and 4.4 of the “Sale of Assets Agreement” concluded between the liquidators, Blend Property 15 (Proprietary) Limited and the fourth respondent on 13 June 2013, and directing that such amounts shall be placed by the liquidators in an interest bearing trust account in the name of AMU, pending the final determination of this application, and shall not be paid out by the liquidators or received by any of the respondents prior, whether in terms of any liquidation and distribution account, or as an advance award, or in terms of any agreement concluded between any of the respondents and the liquidators, or at all.[5] The opposing parties, ABSA and the liquidators, contend that Mrs Wolpe is not a creditor in the liquidation and that she does not have standing to claim the interim relief because she lacks standing in terms of s 32 of the Insolvency Act to proceed in the liquidators’ names in terms of s 31 of the Act for the setting aside of the alleged collusive transaction. It would obviously be necessary to decide the issue of Mrs Wolpe’s standing if the court were to decide the interim application in her favour. However, in view of the adverse result at which I have arrived, it is unnecessary, and - in the face of the pending hearing of the principal application (which has been set down in May 2014, and in which the question of her standing is also in issue) – thus undesirab...
special mortgage means a mortgage loan originated, subsidized, or guaranteed by or through a state, tribal, or local government, or nonprofit organization, which bears one or more of the following nonstandard payment terms which substantially benefit the borrower:
special mortgage means a mortgage bond hypothecating any immov able property or a notarial mortgage bond hypothecating specially 25