Spreader Agreement definition

Spreader Agreement means a spreader agreement or supplemental Mortgage, duly executed by a Borrower, in substantially the form attached as Exhibit "K" and in content acceptable to the Collateral Agent in its sole discretion, which spreads the lien of the applicable Mortgage to additional property to be included as Borrowing Base Assets.
Sample 1
Spreader Agreement means the Mortgage Modification and Spreader Agreement between Borrower and Lender attached hereto as Exhibit O to be entered into contemporaneously herewith and recorded in the Records. MIAMI 3859485.10 72496/43267 EXECUTION COPY 3 ARTICLE II
Sample 1

Examples of Spreader Agreement in a sentence

  • The Existing Principal of the Pre-Existing Note renewed by this Note has been increased in the amount of $10,973,703.84 (the " New Money") and documentary tax stamps and intangible taxes due in connection with such New Money are being paid simultaneously herewith with the filing for record of a certain Renewal Mortgage, Spreader Agreement, Assignment of Leases and Rents and Fixture Filing, dated the date hereof, from Borrower to Lender.

  • The Second Forbearance Agreement also provided that, in the event of a default, Parkwest and Penthouse South shall be deemed to have waived and released any redemption rights under the loan documents, the Spreader Agreement, and/or Florida law.

  • Pursuant to the Spreader Agreement, the St. Lucie Loan became secured by both a first mortgage on the St. Lucie Property and a second mortgage on the Miami-Dade Property.

  • Mariposa and the Miami-Dade Borrowers executed the Spreader Agreement.

  • Wolfe, a principal of a member of Mariposa.Mariposa cannot avoid summary judgment on the basis that it was fraudulently induced into entering into the Spreader Agreement or any other agreement.

  • All of the foregoing as affected by the Spreader Agreement (as defined in the Agreement).

  • Under the Mortgage Spreader Agreement the Housing Finance Authority of Volusia County agreed to make a loan for the benefit of Cape Morris Cove – Phase I in the principal amount of up to $11,700,000 pursuant to a Funding and Loan Agreement of same date among Cape Morris I, Issuer and Trustee, from the proceeds of the Issuer’s tax-exempt bond, 2007 Series A, issued pursuant to a Trust Indenture of same date among the Issuer and Trustee.

  • The Assignment of Leases (as such term is defined in Exhibit A attached hereto) as affected by the Spreader Agreement constitutes an absolute, unconditional, current assignment of rents, issues and profits from the Project, and all actions, if MIAMI 3859485.10 72496/43267 EXECUTION COPY 5 any, required to be taken by Lender to perfect its rights to collect such rents, issues and profits have been duly and properly taken by Lender.

  • Tab 8Request approval for the County Manager and County Attorney to review and execute Lake County Housing Initiative Partnership and/or Community Development Block Grant Mortgage Modifications, and approval of a Mortgage Modification and Spreader Agreement for Ruby Jean Gall to encumber a third lot that was not included in the original Mortgage and Security Agreement.

  • Said mortgage B was spread to also encumber Block 868 Lots 1 and 9005 (known as 425 Fifth Avenue) by Spreader Agreement made by and between 516 Fifth Avenue Partners, LLC, Sixth Avenue Partners, LLC, RED 425 Fifth Avenue, LP, collectively known as “the mortgagor” and Westdeutsche Immobilien Bank, dated 10/23/02 and recorded 12/16/02 in Reel 3686 page 1572.

Related to Spreader Agreement

  • Purchase Agreement Assignment means that certain Purchase Agreement Assignment [NW 1997 J], dated as of March 18, 1998, between Lessee and Lessor, as the same may be amended, supplemented or modified from time to time, with a form of Consent and Agreement to be executed by the Manufacturer attached thereto.

  • Cardholder Agreement means the agreement between Bank and a Cardholder governing the terms and use of a Card.

  • Factoring Agreement means any factoring agreement by and between Borrower and/or any Restricted Subsidiary and a Factor.

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Reseller Agreement means the separate agreement between Customer and Reseller regarding the Services. The Reseller Agreement is independent of and outside the scope of This Agreement.

  • Loan Modification Agreement means a Loan Modification Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower, among the Borrower, the other Loan Parties, one or more Accepting Lenders and the Administrative Agent.

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • Enhancement Agreement means any agreement, instrument or document governing the terms of any Series Enhancement or pursuant to which any Series Enhancement is issued or outstanding.

  • Side Letter means any side letter executed by an Investor with any Borrower or the Investment Adviser with respect to such Investor’s rights and/or obligations under its Subscription Agreement and any other applicable Operative Document.

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • Processing Agreement means the agreement (as amended from time to time) ratified by the Iron Ore Processing (BHP Minerals)

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

  • Services Agreement means an agreement entered into between a Utility and one or more Affiliates for the provision of Shared Services or For Profit Affiliate Services and shall provide for the following matters as appropriate in the circumstances:

  • Master Services Agreement means the master services agreement dated as of the date hereof, among the Service Providers, the Partnership, the Holding LP, the Holding Entities and others;

  • User Agreement means an agreement for the provision of Access to the Services.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Transfer Agreement means the agreement providing for a transfer of structured settlement payment rights.

  • Interconnection Agreement means the interconnection agreement entered into by Seller pursuant to which the Facility will be interconnected with the Transmission System, and pursuant to which Seller’s Interconnection Facilities and any other Interconnection Facilities will be constructed, operated and maintained during the Contract Term.

  • Substitution Agreement means the substitution agreement, substantially in the form set forth in the Schedules as entered into/ proposed to be entered into between the Authority, Developer, and the Lenders in relation to the substitution of the Developer with the Nominated Company in accordance with the Agreement;

  • Program Support Agreement means and includes any Liquidity Agreement and any other agreement entered into by any Program Support Provider providing for: (a) the issuance of one or more letters of credit for the account of any Conduit Purchaser, (b) the issuance of one or more surety bonds for which the such Conduit Purchaser is obligated to reimburse the applicable Program Support Provider for any drawings thereunder, (c) the sale by such Conduit Purchaser to any Program Support Provider of the Purchased Interest (or portions thereof) maintained by such Conduit Purchaser and/or (d) the making of loans and/or other extensions of credit to any Conduit Purchaser in connection with such Conduit Purchaser’s securitization program contemplated in this Agreement, together with any letter of credit, surety bond or other instrument issued thereunder.

  • Provider agreement means the signed, written, contractual agreement between the department and the provider of services or goods.

  • Hospital purchaser/provider agreement (HPPA agreement) means a negotiated agreement entered between the fund and the hospital for the cost of hospital treatment.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Replacement Agreement means an agreement entered into as a replacement for any Relevant Agreement;

  • Waiver Agreement means an agreement between