| 单词 | defeasance clause |
| 释义 | > as lemmasdefeasance clause attributive (in senses 2, 5), as defeasance clause, defeasance provision, defeasance transaction, etc. ΚΠ 1890 Co-operative News (U.S.) 16 Jan. 1/2 The Building Associations..had their mortgages drawn up for regular loans, the defeasance clauses based upon promissory notes, with all the qualities of negotiability in them. 1901 Rep. Appellate Courts Illinois 94 267 A deed otherwise absolute in its terms as a conveyance in fee simple becomes, through a defeasance provision, a mere mortgage. 1970 Virginia Law Rev. 56 135 Many deferred compensation schemes, such as pension plans, have defeasance clauses covering certain situations. 1982 Bond Buyer (Nexis) 29 July The two Oregon defeasance transactions were done after John Lobdell, the state's public utility commissioner, asked the utilities to find ways to reduce the projected rate increases needed to compensate for expected construction losses. 2007 Real Estate Issues (U.S.) (Nexis) Spring 29 Understanding and being able to negotiate defeasance provisions in the term sheet of a new loan go a long way in mitigating future defeasance costs. < as lemmas |
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