Deductiblehas the meaning set forth in Section 11.1(e). Insured AmountAs defined in the Policy. Net Insurance ProceedsInsurance Proceeds, to the extent such proceeds are not to be applied to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the exp...
Outstanding Dollar Principal Amounthas the meaning specified in the Indenture. Outstanding Advancesmeans, with respect to a Receivable and the last day of a Collection Period, the sum of all Advances made as of or prior to such date, minus (1) all payments or collections as of or prior to...
aMost importantly, imaging your have lent Ecalapimos Ltd a sum of money with which to buy a hotel. Unfortunately the hotel burns down and, because it was not insured, Ecalapimos Ltd has no money to pay you back you back. You can not get Zosie, Adam and Shiva to pay from their ow...
In the mortgage industry, this term is usually used only in reference to government loans, meaning FHA and VA loans. Discount points refer to any “points” paid in addition to the one percent loan origination fee. A “point” is one percent of the loan amount. ...
Before diving into the strategies to reduce the total cost of your student loan, it’s essential to understand how the total cost is calculated. The total cost of a student loan is the sum of the principal amount borrowed, the interest charged on the loan, and any additional fees or charg...
“When the term “UNECONOMICAL TO REPAIR” is given its ordinary meaning, it is in line with the above definition of “total loss.” The dictionary definition of “uneconomical” is “costly, wasteful.” (Webster’s 3d New Internat. Dict. (1986) p. 2493.) Thus, the interpretation ...
Cornelius Patt* 154,720 6.04 Florian Seubert personally 98,065 3.83 Andrea Skersies personally 27,500 1.07 Guido Bienhaus personally 35,625 1.39 *3.30 % of the voting rights (84,530 shares) are attributed to him within the meaning of Section 22 (1) Sentence 1 No. 6 of the Wert...
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Total Revenuebears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007; ...
it wipes out numerous houses, including one owned by Bob and Sharon. All that remains of Bob and Sharon’s home is stilts on the beach, meaning the property qualifies