The cost payable by a borrowerfor early repayment of all or a portion of a loan as outlined in the break clause of the loan agreement. 

A facility where the repayment (principal or principal and interest) is made in one amount on the final maturity date of the loan agreement. 

The right to redirect cash from an underlying asset to meet debt service obligations where the borrower is unable to fulfil its debt service obligations.

A security which is backed by a portfolio of mortgages secured against commercial properties.

Conditions which cannot be satisfied prior to entering into a loan and which have to be satisfied within a certain period of time following entry into the loan. Failure to satisfy ...

Cure Rights are designed to remedy a breach of a financial covenant and, within an agreed timeframe, avoid the occurrence of an event of default as a result of such breach.

A debenture is a type of instrument which usually contains charges and assignments over all assets and rights of the chargor.

A fundor similar entity that has been set up for the purposes of issuing or investing in loans.

See definition Debt Vehicle

Property’s operating income as a percentage of the total principal loan amount