Examples of Covered Mortgage Loan in a sentence
The “Mortgage Insurance Premium Rate” with respect to each Covered Mortgage Loan and any Distribution Date is a per annum rate equal to a fraction (expressed as a percentage), (x) the numerator of which is equal to the portion of the Mortgage Insurance Premium payable with respect to the related Distribution Date attributable to such Covered Mortgage Loan, multiplied by twelve, and (y) the denominator of which is equal to the Stated Principal Balance of such Covered Mortgage Loan.
Keywords: trade war, currency manipulation, forced technology transfer, US-China relation JEL codes: F13, F32, F41, F52, O19, O32, O34, P33 Acknowledgements:Paper prepared for the Chinese Economic Association of United Kingdom conference, China’s Path to the New Era, at University of Edinburgh, 22-23 June 2018, and China Update 2018 – China’s Forty Years of Reform and Development: 1978-2018 conference at the Australian National University, Canberra, 19-20 July 2018.
The “Expense Fee Rate” with respect to each Mortgage Loan is equal to the sum of (i) the Servicing Fee Rate, (ii) the trustee fee rate as provided in the Pooling and Servicing Agreement, (iii) with respect to a Covered Mortgage Loan, the Mortgage Insurance Premium Rate and (iv) with respect to any Mortgage Loan covered by a lender paid mortgage insurance policy (other than the Mortgage Insurance Policy), the related mortgage insurance premium rate.
In the event of failure to pay any Covered Mortgage Loan Reporting Endorsement premium when due as respects any extension of coverage for specific Mortgage Loans scheduled via bordereaux submission by the Insured will result in the voiding ab initio of any coverage provided under such endorsement.
This is not an exhaustive list of terms – you are free to set any legal terms you wish in the lease.In addition, the Surface Lease Regulation states four minimum requirements that must by law be in each surface lease.