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Search Results for:

Vermögenssteuern

Definitions

Stellen eine Art jährlicher Steuer auf das indirekte Immobilieneigentum dar (ähnlich einer „Steueroase“).

Set-up costs

Definitions

See Vehicle formation costs

Credit Committee

Definitions

The committee that assesses the credit risk of making a Loan to a Borrower. The credit committee ultimately approves the terms on which a Loan is made to that Borrower and the Secu ...

Credit Default Swap (CDS)

Definitions

A financial derivative product that transfers credit risk from one counterparty to another. 

Credit Rating

Definitions

Assessment of the creditworthiness of a Borrower in general terms or with respect to a particular debt or financial instrument, usually issued by an independent rating agency such ...

Default Covenant

Definitions

A Financial Covenant, the breach of which is an Event of Default.

Development Margin

Definitions

Margin applied to a development loan for the period before practical completion.

Duty of Care Agreement

Definitions

An agreement entered into between the Secured Parties and an Asset Manager (AM) or Managing Agent (MA) in which the AM or the MA acknowledges the security over the relevant Pr ...

Euro Interbank Offered Rate (EURIBOR)

Definitions

Daily reference interest rate for a given period published by the European Money Markets Institute based on the average interest rates at which Eurozone banks offer to lend unsecur ...

Excluded Recovery Proceeds

Definitions

Amounts recovered from a Property Vendor or a report provider which do not have to be used in prepayment provided they are used for a particular purpose within a certain time.

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