NC Capital definition

Examples of NC Capital in a sentence

  • No escrow deposits or Escrow Payments or other charges or payments due NC Capital Corporation have been capitalized under the Mortgage or the Mortgage Note.

  • The origination, servicing and collection practices used by NC Capital Corporation and its Affiliates with respect to the Mortgage Loan have been in all respects in compliance with Accepted Servicing Practices, applicable laws and regulations, and have been in all respects legal and proper.

  • NC Capital Corporation, its successor and assigns, are the sole insureds of such lender's title insurance policy, and such lender's title insurance policy is valid and remains in full force and effect and will be in force and effect upon the consummation of the transactions contemplated by this Agreement.

  • With respect to escrow deposits and Escrow Payments, if any, all such payments are in the possession of, or under the control of, NC Capital Corporation and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made.

  • The Mortgage Loan does not contain provisions pursuant to which Scheduled Payments are paid or partially paid with funds deposited in any separate account established by NC Capital Corporation, the Mortgagor, or anyone on behalf of the Mortgagor, or paid by any source other than the Mortgagor nor does it contain any other similar provisions which may constitute a "buydown" provision.

  • No escrow deposits or Escrow Payments or other charges or payments due NC Capital have been capitalized under the Mortgage or the Mortgage Note.

  • NC Capital, its successor and assigns, are the sole insureds of such lender's title insurance policy, and such lender's title insurance policy is valid and remains in full force and effect and will be in force and effect upon the consummation of the transactions contemplated by this Agreement.

  • NC Capital Corporation or an Affiliate executed and delivered any and all notices required under applicable law and the terms of the related Mortgage Note and Mortgage regarding the Mortgage Rate and the monthly payment adjustments.

  • All individual insurance policies contain a standard mortgagee clause naming NC Capital Corporation and its successors and assigns as mortgagee, and all premiums thereon have been paid.

  • Immediately prior to the transfer contemplated by the Purchase Agreement, NC Capital was the sole owner of record and holder of the Mortgage Loan and the indebtedness evidenced by each Mortgage Note and upon the sale of the Mortgage Loans to the Purchaser, NC Capital retained the Mortgage Files or any part thereof with respect thereto not delivered to the Purchaser or the Purchaser's designee, in trust only for the purpose of servicing and supervising the servicing of each Mortgage Loan.


More Definitions of NC Capital

NC Capital means New Century Capital Services, Inc., a California corporation and a Debtor.

Related to NC Capital

  • Barclays Capital is a reference to Barclays Capital, the investment banking division of Barclays Bank PLC;

  • Wachovia means Wachovia Bank, National Association.

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • GE Capital means General Electric Capital Corporation, a Delaware corporation.

  • Mizuho means Mizuho Bank, Ltd.

  • Goldman Sachs means Goldman, Sachs & Co.

  • JPMorgan means JPMorgan Chase Bank, N.A.

  • JPMorgan Chase Bank JPMorgan Chase Bank, N.A.

  • KeyBank means KeyBank National Association.

  • Corporate Finance Fee means the fee to be paid to the Agent by the Issuer in consideration of corporate finance and structuring services provided by the Agent;

  • Credit Suisse means Credit Suisse Securities (USA) LLC.

  • Deutsche Bank means Deutsche Bank AG and its affiliated companies, as the context requires.

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • SunTrust means SunTrust Bank.

  • BMO means Bank of Montreal.

  • Barclays shall have the meaning assigned to such term in the preamble to this Agreement.

  • Bank One means Bank One, NA, a national banking association having its principal office in Chicago, Illinois, in its individual capacity, and its successors.

  • Chase means JPMorgan Chase Bank, N.A., a national banking association, in its individual capacity, and its successors.

  • Foothill means Foothill Capital Corporation, a California corporation.

  • Net Capital Net Capital shall mean "net capital" as defined in Rule 15c3-1.

  • Fortis means Fortis Inc.;

  • CIT means The CIT Group/Commercial Services, Inc.

  • CET1 Capital means, as of any Balance Sheet Date, the aggregate amount, in Swiss francs, of items that constitute common equity tier 1 capital of the Group as of such Balance Sheet Date, less any deductions from common equity tier 1 capital required to be made, in each case as determined by the Group Holding Company pursuant to the BIS Regulations applicable to the Group Holding Company as of such Balance Sheet Date, and as (i) disclosed in the Quarterly Financial Accounts published on the relevant Ordinary Publication Date or (ii) may be disclosed as a component of the Reviewed Interim Measurement published upon the instruction of the FINMA on the relevant Extraordinary Publication Date, as applicable. For the avoidance of doubt, the term "common equity tier 1 capital" as used in this definition has the meaning assigned to such term in the BIS Regulations in effect as of the relevant Balance Sheet Date.

  • Citicorp has the meaning specified in the preamble to this Agreement.

  • GE Capital Fee Letter means that certain letter, dated as of the Closing Date, between GE Capital and Borrower with respect to certain Fees to be paid from time to time by Borrower to GE Capital.