Additional Mortgaged Properties definition

Additional Mortgaged Properties means the Multifamily Residential Properties identified on Exhibit A as Additional Mortgaged Properties.

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Additional Mortgaged Properties. As defined in Section 5.15(d) of this Agreement.

Additional Mortgaged Properties means each Multifamily Residential Property owned by any Borrower Party (either in fee simple or as tenant under a ground lease meeting all of the requirements of the DUS Guide) and added to the Collateral Pool after the Initial Closing Date pursuant to Article VI of this Agreement.

Examples of Additional Mortgaged Properties in a sentence

All such Additional Mortgages shall be granted pursuant to documentation substantially in the form of a relevant existing Mortgage (or, in the case of Additional Mortgaged Properties located in a jurisdiction outside the United States, the relevant Foreign Security Agreement covering Real Property located in such jurisdiction (if any) delivered to the Administrative Agent on the Initial Borrowing Date) or in such other form as is reasonably satisfactory to the Administrative Agent.
Any Expansion Origination Fee shall be reduced by the amount of any Collateral Addition Fee paid by the Borrower in respect of any Additional Mortgaged Properties added to the Collateral Pool in conjunction with such expansion.
The Borrower shall notify the Administrative Agent in writing of the Borrower’s election in respect of clause (1) or (2) of the preceding sentence, its election to grant Liens in Additional Mortgaged Properties approved by the Administrative Agent and Required Lenders, or any combination of the actions set forth in this sentence, within 10 Business Days following the receipt of the New Borrowing Base Notice in accordance with Section 2.07(d).
The Borrower may, not more than eight (8) times per Calendar Year, deliver a written request (“Collateral Addition Request”) to the Lender, in the form attached as Exhibit Q to this Agreement, to add one or more Additional Mortgaged Properties to the Collateral Pool.
The obligation of Lender to make a requested Substitution is also subject to Lender’s determination that each of the conditions precedent for Additions of Additional Mortgaged Properties and Releases of Release Mortgaged Properties set forth in Section 5.01 and Section 5.06 of this Agreement have been satisfied.

More Definitions of Additional Mortgaged Properties

Additional Mortgaged Properties shall also include each New Additional Property from and after the date of its addition to the Fann▇▇ ▇▇▇ ▇▇▇dit Facility, and shall exclude each Released Property (which prior to such substitution or release, as applicable, was an Additional Mortgaged Property), from and after the date of such substitution or release. "ADDITIONAL MORTGAGED PROPERTY" means any one of the foregoing, individually.

Additional Mortgaged Properties means, the ▇▇▇▇▇ Property, the San ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ Property, the Palm ▇▇▇▇▇▇▇ Residential Property, the New York Lands Property and the Thistledown Property";

Additional Mortgaged Properties means the real properties, together with the improvements and fixtures located thereon, described in Exhibit B. "ADDITIONAL MORTGAGED PROPERTIES" shall also include each New Additional Property from and after the date of its addition to the ▇▇▇▇▇▇ Mae Credit Facility, and shall exclude each Released Property (which prior to such substitution or release, as applicable, was an Additional Mortgaged Property), from and after the date of such substitution or release. "ADDITIONAL MORTGAGED PROPERTY" means any one of the foregoing, individually.

Additional Mortgaged Properties means each Multifamily Residential Property (together with the improvements and fixtures located thereon), described in Exhibit B, if any. "ADDITIONAL MORTGAGED PROPERTIES" shall also include each New Additional Property from and after the date of its addition to the Fann▇▇ ▇▇▇ ▇▇▇dit Facility, and shall exclude each Released Property (which prior to such substitution or release, as applicable, was an Additional Mortgaged Property), from and after the date of such substitution or release. "ADDITIONAL MORTGAGED PROPERTY" means any one of the foregoing, individually.

Additional Mortgaged Properties means the Supplemental KMR Working Interests, the Franklin Prospect and the Bayou Carl▇▇ ▇▇▇spect.

Additional Mortgaged Properties means the 3 office properties identified on Schedule A hereto as Additional Mortgaged Properties.

Additional Mortgaged Properties has the meaning assigned to it in Section 5.15.