The Mortgagor definition

The Mortgagor has not filed a bankruptcy petition and has not become the subject of involuntary bankruptcy proceedings and has not consented to the filing of a bankruptcy proceeding against it or to a receiver being appointed in respect of the related Mortgaged Property;
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The Mortgagor shall include the Mortgagor’s personal representatives and persons deriving title under the Mortgage and where there are two or more persons included in the expression “the Mortgagor” all covenants stipulations and provisions herein contained shall be deemed to be made by such persons jointly and severally;
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The Mortgagor. , in relation to a mortgage, means the person for the time being entitled to the equity of redemption; and
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Examples of The Mortgagor in a sentence

  • The Purchaser shall have no further recourse against the Mortgagor, the Mortgagee, the Substitute Trustee or the attorney of any of the foregoing.

  • Prior to the issue of Temporary Occupation Permit by the relevant authority for the whole of the development to be or being undertaken by the Mortgagor on the Mortgaged Property in accordance with the provisions of the said Building Agreement, the Bank shall not exercise its right of sale or foreclosure under this Mortgage unless the prior written consent of the Lessor is obtained.

  • Notwithstanding the provisions of this Mortgage, the said State Lease shall be issued to the Mortgagor and no other person, company or party.

  • If an up-to-date survey is not available, we will accept the existing survey provided that the Mortgagor signs a statutory declaration stating that there have been no additions or improvements to the property since the date of the survey.

  • The Purchaser shall have no further recourse against the Mortgagor, the Mortgagee, the Substitute Trustee or the attorney of any of the foregoing.SPECIAL NOTICE FOR LEASEHOLD TENANTS: If you area tenant residing in the property, be advised that an Order for Possession of the property may be issued in favor of the purchaser.

  • We require your opinion as to the due authorization, execution and delivery of the Mortgage and, if applicable, an opinion as to compliance of the Mortgage or guarantee, with the financial assistance provisions of the incorporating statute governing the Mortgagor.

  • Land owned by the Mortgagor for more than two (2) years prior to construction.

  • The proceeds of the loans must be used to acquire the principal residence of the Mortgagor.

  • If applicable, obtain confirmation from the Mortgagor that the Mortgage is given in compliance with any statute or regulation relating to the subdivision of land or land use planning.

  • The proceeds of the loans secured under the Program must be used to acquire the principal residence of the Mortgagor.


More Definitions of The Mortgagor

The Mortgagor means "the Mortgagor or any subsequent owner or owners of the Mortgaged Property, or both", and the word "the Mortgagee" shall mean "the Mortgagee or any holder or holders from time to time of the Notes."
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The Mortgagor means the person or persons who have executed the Mortgage in favour of the Insured whether singly or jointly as stated in Schedule A
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The Mortgagor and "Certain Legal Aspects of the Mortgage Loan", and such sections (and any other sections reasonably requested and pertaining to Mortgagor, the Properties or the Loan) do not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading;
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The Mortgagor. Solutia Europe XX/XX Xxxxxxxxxx Xxxxxxxx 0 X-0000 Xxxxxxxx Xxxxxxx Parc Scientifique Xxxxxxx Xxx Xxxx Xxxxxxx 0 X-0000 Xxxxxxx-xx-Xxxxx Xxxxxxx THE MORTGAGEE: KBC Bank NV Xxxxxxxxx 00 X-0000 Xxxxxxxx Xxxxxxx
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Related to The Mortgagor

  • Mortgagor The obligor on a Mortgage Note.

  • Trustor means a borrower under a deed of trust, who deeds property to a trustee as security for the payment of a debt.

  • Mortgagee The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.

  • THE LESSEE or any other Person includes without prejudice to the provisions of this Agreement any successor in title to it and any permitted assignee;

  • Mortgage Borrower shall have the meaning set forth in the Recitals to this Agreement.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • The Lessor Agent" for "the Lessee", "Unit Premises, Unit Improvements, Unit FF&E and Unit" for "Parcel of Property" and "Section 13" for "Section 28".

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Sub-Lessee means a lease/license by a Lessee of part or all of leased space to another person.

  • the Tenant means the party(ies) named on the tenancy agreement as the tenant of The Property.

  • First Mortgagee means the holder of any First Mortgage.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • Leasehold Mortgagee means the holder of a Leasehold Mortgage.

  • Eligible mortgagee means the holder of a security interest on a unit that has filed with the secretary of the association a written request that it be given copies of notices of any action by the association that requires the consent of mortgagees.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Landlord shall have the meaning given such term in the preambles to this Agreement and shall also include their respective permitted successors and assigns.

  • The Owner means the NATIONAL FERTILIZERS LTD., incorporated in India, having its registered office at SCOPE COMPLEX, Core No-III, 7, Institutional Area, Lodhi Road, New Delhi-110003.

  • Shipowner means the owner of the ship or another organization or person, such as the manager, agent or bareboat charterer, who has assumed the responsibility for the operation of the ship from the owner and who, on assuming such responsibility, has agreed to take over the duties and responsibilities of the shipowner, regardless of whether any other organization or persons fulfil certain of the duties or responsibilities on behalf of the shipowner;

  • Sublessor means one who conveys real property by sublease."

  • Anchor Tenant means, with respect to a Community Renewable Energy Generation Project, the non-End Use Customer subscriber designated by Seller as such under its SFA application.” The following is added as Section 1.3.3:

  • Countrywide Countrywide Home Loans, Inc., a New York corporation and its successors and assigns.

  • Landholder means a party that directly or indirectly owns or leases 22 nonexempt land, as provided in 43 CFR 426.2;