Authority Deed of Trust definition

Authority Deed of Trust means the leasehold deed of trust for the Project, in a form which is reasonably acceptable to Authority Executive Director, in her reasonable discretion. The Authority Deed of Trust shall be executed by Developer in favor of Authority and recorded against the Site at the Closing, and shall secure repayment of the Authority Subordinate Loan.
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Authority Deed of Trust and “Authority Deeds of Trust” shall mean, individually and collectively, the leasehold deed of trust for each of the Manchester Project and the Orangewood Project, as applicable, in a form which is reasonably acceptable to Authority Executive Director, in her reasonable discretion. The Authority Deeds of Trust shall be executed by Developer in favor of Authority and recorded against the Manchester Site and Orangewood Site at the Closing, and shall secure repayment of the Authority Subordinate Loans for the Manchester Project and the Orangewood Project, as applicable.
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Authority Deed of Trust means that certain deed of trust of even date with the Authority Loan in form and substance reasonably satisfactory to the Authority given to secure the payment of the Authority Loan. The Authority Deed of Trust shall be subordinate to the Conduit Loan Deed of Trust and any deed of trust providing primary construction financing or permanent financing for the Project.
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Examples of Authority Deed of Trust in a sentence

  • In this regard, the Authority will evaluate and establish more specifically in the AHA the terms and conditions of the Authority Loan, the Authority Note, the Authority Deed of Trust, including its subordinate lien position, and other implementing instruments, which will take into consideration all sources of financing, in particular governmental funding and the applicable program requirements therefor.

  • The Authority Deed of Trust, Regulatory Agreement, Memorandum of Ground Lease, Memorandum of Agreement, Notice of Affordability Restrictions, Request for Notice, and City Covenants, shall be ready to record in the Official Records at Closing.

  • The calculated price for bitstream access is based on operating expenses (opex) for the year 2016.

  • The Authority shall permit and approve a prepayment and refinance of the existing first mortgage loan and shall provide for the subordination of this Agreement and the Authority Deed of Trust to the refinanced first mortgage loan only if such refinance does not cause the total debt secured by the Premises, including junior mortgage loans and equity lines of credit, to exceed the Permitted Encumbrance Amount.

  • Record or cause to be recorded, as appropriate, the Resale and Refinancing Restriction Agreement and Option to Purchase, the Authority Deed of Trust and Security Agreement Securing the Resale and Refinance Restriction Agreement, and a Request for Copy of Default Notice as appropriate.

  • The obligations of the Owner contained in this Agreement are security by a deed of trust on the Premises by the Owner to the Authority (the "Authority Deed of Trust").

  • Owner shall not receive any proceeds from the sale, and the Authority shall not release this Agreement or terminate the Authority Deed of Trust, unless and until the Authority has been paid in full the amount determined pursuant to this paragraph.

  • Such Excess Rental Proceeds shall be considered a recourse debt of the Owner to the Authority, which the Authority may collect by legal action against the Owner, including by foreclosure under the Authority Deed of Trust.

  • If no reports are available, the C/U Project Manager shall contract for a hazardous materials survey of the area(s) being considered for renovation, prior to the start of any renovation work.

  • The Authority shall receive the Authority Deed of Trust as collateral security for the Authority Loan.


More Definitions of Authority Deed of Trust

Authority Deed of Trust means the deed of trust, assignment of leases and security agreement to be granted by the Redeveloper for the benefit of the Authority and securing the Series A Loan and the Series B Loan.
Sample 1
Authority Deed of Trust means the Deed of Trust, Fixture Filing and Assignment of Rents in
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Related to Authority Deed of Trust

  • Deed of Trust means this Deed of Trust, Assignment, Security Agreement and Fixture Filing, as the same may from time to time be extended, amended, restated, supplemented or otherwise modified.

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • Declaration of Trust means this Agreement and Declaration of Trust, as amended or restated from time to time;

  • Security Instrument means the multifamily mortgage, deed to secure debt or deed of trust effective as of the effective date of this Note, from Borrower to or for the benefit of Lender and securing this Note.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • First Mortgage Indenture means a first mortgage indenture pursuant to which any Borrower or any Subsidiary of any Borrower may issue bonds, notes or similar instruments secured by a lien on all or substantially all of such Borrower’s or such Subsidiary’s fixed assets, as the case may be.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Deed of Covenant means in relation to the Ship the deed of covenant collateral to the Mortgage for the Ship and creating charges over the Ship, its Earnings, Insurances and Requisition Compensation required to be executed hereunder by the Borrower in favour of the Security Trustee in the agreed form;

  • Conveyance Agreement means the Conveyance Agreement Master Securitization Terms Number 1000, dated February 29, 2008, as amended and reaffirmed from time to time, among the Master Depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of the Master Depositor, VL Funding, as the depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of VL Funding, and Xxxxxx Xxx, Inc., as master servicer, together with each executed Purchase Agreement (as defined therein), each executed Xxxx of Sale (as defined therein) and all attachments thereto.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Mortgage Indenture means the Mortgage and Deed of Trust, dated as of April 1, 1932, between SIGECO and Bankers Trust Company (as supplemented from time to time before or after the date hereof by various supplemental indentures thereto).

  • Bond Agreement means this bond agreement, including any Attachments to which it refers, and any subsequent amendments and additions agreed between the Parties.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Conservation easement means that term as defined in section 2140 of the natural resources and environmental protection act, 1994 PA 451, MCL 324.2140.

  • Fee Mortgage Any mortgage, pledge agreement, security agreement, assignment of leases and rents, fixture filing or similar document creating or evidencing a lien on Landlord’s interest in the Leased Property or any portion thereof (or an indirect interest therein, including without limitation, a lien on direct or indirect interests in Landlord) in accordance with the provisions of Article XXXI hereof.

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • Mortgage Instrument means any mortgage, deed of trust or deed to secure debt executed by a Credit Party in favor of the Administrative Agent, for the benefit of the Secured Parties, pursuant to the terms of Section 4.1(e)(i), 5.10 or 5.12, as the same may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Mortgage Amendment means an amendment to an Existing Mortgage or an amendment and restatement of an Existing Mortgage, in each case in form and substance reasonably acceptable to the Collateral Agent.

  • Security Instruments means, collectively, (a) the Mortgages, (b) the Transfer Letters, (c) the Pledge Agreements, (d) the Security Agreements, (e) each other agreement, instrument or document executed at any time in connection with the Pledge Agreements, the Security Agreements, or the Mortgages, (f) each agreement, instrument or document executed in connection with the Cash Collateral Account; and (g) each other agreement, instrument or document executed at any time in connection with securing the Obligations.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that: