Betekenis van:
first mortgage

first mortgage
Zelfstandig naamwoord
    • a mortgage that has priority over all mortgages and liens except those imposed by law

    Hyperoniemen

    Werkwoord

    first mortgage
    een vervoeging van mortgage

    Voorbeeldzinnen

    1. In addition, the financing is to be secured by a first mortgage on the vessel.
    2. The mortgage on Casa Batlló for the ICF credit is a first rank one.
    3. In the first half of 2007, the bank had a market share of UK gross mortgage lending of 9,7 % and of net mortgage lending of 18,9 % [7].
    4. This first-rank mortgage therefore covers only just over 50 % of the total sum of the loan.
    5. First ETVA had no security when the loan was concluded since the mortgage on the ships was created much later.
    6. The guarantee to Biria GmbH is secured by a first-rank mortgage on property of Bike Systems amounting to EUR 15m. The mortgage is, however, subordinated to another loan of EUR 2m.
    7. In conclusion, NR reduced its market presence on the mortgage market from the moment the Competitive Framework was announced at the end of the first quarter of 2008.
    8. Each loan should be secured by a first- or second-rank mortgage in the housing for which the loan had been granted.
    9. In particular, the company was not in a position to offer the first ranking mortgage in question, since the real estate was owned by ICB [11].
    10. The guarantee to Biria GmbH is secured by a first-rank mortgage on property of Bike Systems amounting to EUR 15m.
    11. The fourth bullet point of the third paragraph (the first paragraph under the heading ‘Non-marketable retail mortgage-backed debt instruments’) is replaced by the following:
    12. The lower-ranking land charge of the Liegenschaftsfonds represents no security in an insolvency scenario where the banks’ first-ranking mortgage and right to separate satisfaction fully covered the value of the security.
    13. All loans from the State Building Fund were to be fully indexed (cf. Article 16 of the Act). Each loan should be secured by a first- or second-rank mortgage in the housing for which the loan had been granted.
    14. First, the recipient was supposed to receive a loan of about PLN 10 million (EUR 2,57 million). The loan was to be secured by a mortgage on real estate evaluated at PLN 17,35 million (about EUR 4,46 million).
    15. Moreover, one of the loans (measure 16) was included in a Federal Government guarantee to the granting Deutsche Ausgleichsbank, while the other (measure 17) was secured by a first mortgage on Kahla II’s land [25].