Mortgage Notes. Seller financing notes that the Borrower has received from purchasers of its properties. For purposes of calculations in this Agreement, Mortgage Notes shall be valued in accordance with GAAP (including write-offs for uncollectability).
Mortgage Notes. On or prior to the Closing Date, the Operating Partnership shall have paid or caused to be paid all amounts outstanding under the first mortgage loans from the Purchaser to certain Affiliates of the Operating Partnership listed on Schedule A hereto (the "Mortgage Notes").
Mortgage Notes. Neither Kranzco nor any of its Subsidiaries holds any notes or related mortgages.
Mortgage Notes. (a) Mortgages. Set forth in Schedule 7.25 of the CV Disclosure Letter is a list of each note and related mortgage and all amendments and modifications thereof (each such note and mortgage, together with the loan evidenced thereby, a "Mortgage") held by CV, including the original and unpaid principal amounts thereof, the due date thereof and interest rate thereon.
Mortgage Notes. The Company has issued $45,000,000 aggregate principal amount of 13% First Mortgage Notes due 2005 With Contingent Interest (together with all notes issued in exchange or replacement therefor, the "Notes") pursuant to an Indenture (as amended, supplemented or otherwise modified from time to time, the "Indenture") dated as of the date hereof between the Company and IBJ Whitehall Bank & Trust Company, a New York banking association, as trustee (the "Trustee"), for the benefit of the holders from time to time (the "Holders") of the Notes.
Mortgage Notes. The Assignor shall notify the Lender (x) of (i) any payment default in respect of any pledged Collateral which has continued for 30 days, 60 days or 90 days, respectively, and any other material default in any other term of any pledged Collateral, (ii) the occurrence of an Insolvency Event in respect of any obligor on any Mortgage Loan pledged as Collateral and (iii) the commencement of foreclosure or similar proceedings in respect of the premises which secure any Mortgage Loan pledged as Collateral, such notice to be delivered not later than three (3) Business Days following the occurrence thereof in the case of clauses (i) and (iii) and promptly upon the Assignor's receiving notice or otherwise becoming aware thereof in the case of clause (ii) and (y) immediately upon the payment by any mortgagor of principal under any Mortgage Note then held by the Lender hereunder in an amount of $1,000 or more in excess of the regularly scheduled installment thereon, identifying the loan number of such Mortgage Loan and the amount so paid.
Mortgage Notes. Set forth on Schedule 2.6 is a complete list of all mortgage notes --------------- ------------- owned or held by the Company Group.
Mortgage Notes. Set forth on Schedule 4.6 is a complete list of all mortgage notes --------------- ------------- owned or held by the Saba Group.
Mortgage Notes. The Mortgage Note Agreements shall have been amended by an amendment agreement in substantially the form of agreement heretofore delivered to the Holders by the Company (the "First Mortgage Note Amendment") and all amendments, waivers and consents provided for therein shall have become and remain effective.
Mortgage Notes. Seller financing notes that the Borrower has received from purchasers of its properties. For purposes of calculations in this Agreement, Mortgage Notes shall be valued in accordance with GAAP (including write-offs for uncollectability). Multiemployer Plan. Any multiemployer plan within the meaning of §3(37) or §4001(a)(3) of ERISA or §414(f) of the Code maintained or contributed to by the Borrower, any Guarantor or any ERISA Affiliate. Net Income (or Loss). With respect to any Person (or any asset of any Person) for any period, the net income (or loss) of such Person (or attributable to such asset), determined in accordance with GAAP.
