Loan Parts definition

Loan Parts means one or more of the loan parts (leningdelen) of which a Mortgage Loan consists.
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Loan Parts means one or more of the loan parts (leningdelen) of which a Mortgage Loan consists; ''Long-Term Issuer Credit Rating'' means the long term issuer credit rating as used by S&P in its rating methodology;
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Loan Parts means, together, the Loan-Part A and the Loan-Part B, and “Loan-Part” means either of the Loan-Part A and Loan-Part B as the context may require;
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Examples of Loan Parts in a sentence

  • Mortgage Loans may consist of one or more Loan Parts (leningdelen), each of which normally constitutes a different mortgage type agreed with the relevant Borrower.

  • The pool of Mortgage Loans (or any Loan Parts (leningdelen) comprising a Mortgage Loan) will consist of Linear Mortgage Loans (lineaire hypotheken), Annuity Mortgage Loans (annuïteiten hypotheken) and Interest-only Mortgage Loans (aflossingsvrije hypotheken) or combinations of these types of loans.

  • On the Closing Date, the Seller shall sell and assign and the Issuer shall purchase and accept the assignment of all, but not some, the Mortgage Receivables of all Loan Parts of such Mortgage Loan.

  • NHG Guarantee: As per the Cut-Off Date 69.4% of the Mortgage Loans and Loan Parts have the benefit of an NHG Guarantee.

  • If a Mortgage Loan consists of one or more Loan Parts, the Seller shall sell and assign and the Issuer shall purchase and accept the assignment of all, but not some, Loan Parts of such Mortgage Loan on the Closing Date (or on the relevant Notes Payment Date as the case may be).

  • NHG Guarantee: As per the Cut-Off Date 100% of the Loan Parts have the benefit of an NHG Guarantee.

  • The Portfolio Mortgage Loans (or in case of Portfolio Mortgage Loans consisting of more than one loan part, the aggregate of such loan parts) are secured by a first-ranking, or as the case may be a first and sequentially lower ranking Mortgage Right, evidenced by notarial mortgage deeds (notariële akten van hypotheekstelling) entered into by the Seller and the Borrowers and to the extent it relates to the NHG Mortgage Loan Parts only, have the benefit of a NHG Guarantee.

  • If a Mortgage Loan consists of one or more of such Loan Parts, the Originator has sold and assigned to the Seller and the Seller has purchased and accepted the assignment of all, but not some, the Mortgage Receivables of all Loan Parts of such Mortgage Loan.

  • The pool of Mortgage Loans (or any Loan Parts ("leningdelen") comprising a Mortgage Loan) will consist of Life Mortgage Loans ("levenhypotheken"), Investment Mortgage Loans ("beleggingshypotheken"), Linear Mortgage Loans ("lineaire hypotheken"), Annuity Mortgage Loans ("annuïteiten hypotheken"), Interest-only Mortgage Loans ("aflossingsvrije hypotheken") or combinations of these types of loans.

  • These two loan parts combined have the same repayment schedule as one Annuity Mortgage Loan with a term equal to the second loan (i.e. a maximum of 40 years) as a result of which the monthly repayments for the Borrowers are lower than for a thirty (30) years Annuity Mortgage Loan.Linear Mortgage Loans:A portion of the Mortgage Loans (or Loan Parts thereof) will be in the form of Linear Mortgage Loans.


More Definitions of Loan Parts

Loan Parts means one or more of the loan parts (leningdelen) of which a Mortgage Loan consists. Long-Term Issuer Credit Rating means the long term issuer credit rating as used by S&P in its rating methodology. Loss has the meaning ascribed to such term in Clause 8.1 of the Programme Agreement. LTV Cut-Off Percentage means 80% for all Mortgage Receivables or such other percentage as may be notified to the Rating Agency from time to time in respect of the relevant Mortgage Receivables, or such lower percentage as is required from time to time for Covered Bonds to comply with Article 129 CRR, currently being eighty (80) per cent. for all Mortgage Receivables. Management Agreements means the CBC Management Agreement, the Stichting Holding Management Agreement and the Security Trustee Management Agreement. Manager in relation to any Series or Tranche of Covered Bonds, means any person appointed as a manager in the relevant Covered Bond Purchase Agreement. Mandatory Liquidity Required Amount means, on any date, such amount as required as liquid assets (liquide activa) (set out in Article 20e(1) of the Implementing Regulation of the Wft (Uitvoeringsregeling Wft) as amended from time to time) for registered covered bonds pursuant to the CB Regulations to meet the interest payment obligations under the Covered Bonds for the following six (6) months or such other amount as the CB Regulations may require from time to time, being at this time the sum of (i) the aggregate amount of interest payable under all Covered Bonds for the following six (6) months and (ii) an amount equal to the amounts payable to third parties under the items ranking senior to the interest payments under (i) in the relevant Priority of Payments within the period of the immediately following six (6) months, less an amount equal to the expected cash flows received by the CBC on the Transferred Assets within the period of the immediately following six (6) months and the other amounts available on the Transaction Accounts (including the Reserve Account).
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Related to Loan Parts

  • Loan Parties means, collectively, the Borrower and each Guarantor.

  • Loan Party means any one of them.

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Borrower as defined in the preamble hereto.

  • Credit Parties means the Borrower and the Guarantors.

  • Canadian Loan Party means each Loan Party formed under the laws of Canada or any province or territory thereof.

  • Borrower Party means any one of them.

  • Borrowers each has the meaning specified in the introductory paragraph hereto.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Borrower Group has the meaning provided in Section 10(c) hereof.

  • Canadian Borrower as defined in the preamble hereto.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.