Standard Security means the ‘Mortgage Security’; and
Standard Security means the standard security by the Shared Equity Owner in favour of Scottish Ministers for the Shared Equity Owner's obligations in terms of this Agreement; and
Standard Security means a valid and duly executed standard security in accordance with paragraph [12 ] of the Schedule Part 3, and in terms acceptable to the Council;
Examples of Standard Security in a sentence
Celtic’s obligations in terms of the Minute of Agreement were secured by a postponed Standard Security granted by Celtic to GCC over Westthorn.
The postponed ranking of GCC’s Standard Security did not affect the obligations of Celtic in terms of the Minute of Agreement: Celtic remained liable to pay GCC the uplift in value in the circumstances specified in the Minute of Agreement.
Celtic granted a Standard Security in favour of The Co-operative Bank PLC over Westthorn.
This Standard Security is ranked prior to the Standard Security granted by Celtic in favour of GCC in terms of the Ranking Agreement amongst GCC, Celtic and The Co-operative Bank PLC.
More Definitions of Standard Security
Standard Security means the standard security granted by the Landowner over the Subjects registered [ ];
Standard Security means a standard security as defined in Part II of the Conveyancing and Xxxxxx Xxxxxx (Xxxxxxxx) Xxx 0000;
Standard Security means any document which secures the Landlord’s obligation repay a Loan; Subsidiar(y)(ies) has the meaning given to it in sections 736 of the Companies Xxx 0000 (as amended);
Standard Security means a first ranking Scots law standard security over a Property located in Scotland entered into or to be entered into by an Obligor in favour of the Security Agent in an agreed form.
Standard Security means this standard security together with the schedule and plan annexed and signed as relative hereto and any document which is expressed to amend this standard security;
Standard Security means the Standard Security by the Borrower in favour of the Society (and any further deed executed in substitution or amendment thereof) and which secures the Mortgage;
Standard Security means the standard security by the Tenants in favour of the Landlords over the Tenants’ interest in the Ground Lease in terms of the draft Standard Security contained in Part 2 of the Schedule;