Australian Mortgage definition

Australian Mortgage means real property mortgages by each Australian Subsidiary in favor of the Australian Collateral Trustee on all Real Property of such Australian Company (unless otherwise agreed by the Administrative Agent), each in form and substance reasonably satisfactory to the Administrative Agent (together with any similar document as may be delivered by Persons organized and existing under the laws of Australia pursuant to Section 7.11 (Additional Collateral and Guaranties)).
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Australian Mortgage means that certain Mortgage Terms Deed and National Mortgage Form by and among Cowcumbla and the Purchaser, to be executed and delivered in form and substance satisfactory to the Purchaser, as amended, amended and restated, supplemented or otherwise modified from time to time.
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Australian Mortgage or "Australian Mortgages" shall mean any or all, as the case may be, of the mortgages or deeds of trust from each Australian Subsidiary Guarantor to the Administrative Agent in substantially the form attached as Exhibit E-2, with respect to the Australian Mortgaged Property, as the same may be amended, modified or supplemented from time to time.
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Examples of Australian Mortgage in a sentence

  • Borrower has good title to, rights in, and the power to transfer each item of the Collateral upon which it purports to ▇▇▇▇▇ ▇ ▇▇▇▇ hereunder or pursuant to the Australian Mortgage Debenture, free and clear of any and all Liens except Permitted Liens.

  • In addition to and without limiting the foregoing, all Obligations shall also be secured by the Australian Mortgage Debenture and any and all other security agreements, mortgages or other collateral granted to Bank by Borrower as security for the Obligations, now or in the future.

  • In the event (x) all Obligations (other than inchoate indemnity obligations), are satisfied in full, and (y) this Agreement is terminated, Lender shall terminate the security interest granted herein and in the Australian Mortgage Debenture.

  • In addition to and without limiting the foregoing, all Obligations shall also be secured by the Australian Mortgage Debenture and any and all other security agreements, mortgages or other collateral granted to Lender by Borrower as security for the Obligations, now or in the future.

  • In the event (x) all Obligations (other than inchoate indemnity obligations), except for Bank Services, are satisfied in full, and (y) this Agreement is terminated, Bank shall terminate the security interest granted herein and in the Australian Mortgage Debenture upon Borrower providing cash collateral acceptable to Bank in its good faith business judgment for Bank Services, if any.