Blanket Mortgage definition

Blanket Mortgage. The mortgage or mortgages encumbering a Cooperative Property.
Blanket Mortgage. The mortgage or mortgages encumbering a Cooperative Property. Book-Entry Certificates: Beneficial interests in Certificates designated as “Book-Entry Certificates” in this Agreement, ownership and transfers of which shall be evidenced or made through book entries by a Clearing Agency as described in Section 3.09; provided, that after the occurrence of a condition whereupon book-entry registration and transfer are no longer permitted and Definitive Certificates are to be issued to Certificate Owners, such Book-Entry Certificates shall no longer be “Book-Entry Certificates.” As of the Closing Date, all of the Classes of Certificates listed in the third table of the Preliminary Statement, other than the Class P, Class E and Class R Certificates, constitute Book-Entry Certificates.
Blanket Mortgage. The mortgage or mortgages encumbering a ---------------- Cooperative Property. Book-Entry Certificates: Beneficial interests in Certificates ----------------------- designated as "Book-Entry Certificates" in this Agreement, ownership and transfers of which shall be evidenced or made through book entries by a Clearing Agency as described in Section 3.09; provided, that after the occurrence of a condition whereupon book-entry registration and transfer are no longer permitted and Definitive Certificates are to be issued to Certificate Owners, such Book-Entry Certificates shall no longer be "Book-Entry Certificates." As of the Closing Date, the following Classes of Certificates constitute Book-Entry Certificates: the Class A-1, Class A-2, Class M-1, Class M-2 and Class B Certificates.

Examples of Blanket Mortgage in a sentence

  • The Lenders hereby instruct the Administrative Agent, as administrative agent under the Existing LSA and trustee under that certain Trust Agreement referred to in the Maine Blanket Mortgage, to execute and deliver all necessary instruments, certificates and documents required in its reasonable judgment to consummate the transactions contemplated in this First Amendment Agreement, including, without limitation, the Modification Agreements.

  • Sometimes, a basis point is referred to as a bip or bips.• Blanket Mortgage: A mortgage on more than one parcel of real estate.• Bridge Loan: A temporary, single-payment loan used by creditors to bridge the time period between the retirement of one loan and the issuance of another.

  • All coverages, terms and conditions for commercial property are as set forth in this Blanket Mortgage Security Policy and the attached General Property 11A Amended Form.

  • Such written notices shall not initially be required where a Borrower’s Blanket Mortgage Collateral provides collateral for the Obligations (i.e., if Sections 2(c) or 2(d) above has been utilized by the Borrower).

  • All coverages, terms and conditions for residential property are as set forth in this Blanket Mortgage Security Policy and the attached Dwelling Property 3A Amended Form.


More Definitions of Blanket Mortgage

Blanket Mortgage. Not applicable.
Blanket Mortgage means the mortgage or mortgages encumbering the Cooperative Property.
Blanket Mortgage. The mortgage or mortgages encumbering the Cooperative Property.]
Blanket Mortgage. The mortgage or mortgages encumbering a Cooperative Property. Book-Entry Certificates: Beneficial interests in Certificates designated as “Book-Entry Certificates” in this Agreement, ownership and transfers of which shall be evidenced or made through book entries by a Clearing Agency as described in Section 3.09; provided, that after the occurrence of a condition whereupon book-entry registration and transfer are no longer permitted and Definitive Certificates are to be issued to Certificate Owners, such Book-Entry Certificates shall no longer be “Book-Entry Certificates.” As of the Closing Date, all of the Classes of Certificates listed in the second table of the Preliminary Statement, other than the Class R Certificates, constitute Book-Entry Certificates. Business Day: Any day other than (i) a Saturday or a Sunday, (ii) a day on which banking institutions in Colorado, Illinois, Minnesota, Maryland, New York, New York, or, if other than New York, the city in which the Corporate Trust Office of the Trustee is located, or (iii) with respect to any Remittance Date or any Servicer reporting date, the States specified in the definition of “Business Day” in the applicable Servicing Agreement, are authorized or obligated by law or executive order to be closed. Certificate: Any one of the certificates signed and countersigned by the Trustee in substantially the forms attached hereto as Exhibit A.
Blanket Mortgage. The mortgage or mortgages encumbering a Cooperative Property. BOOK-ENTRY CERTIFICATES: Beneficial interests in Certificates designated as "Book-Entry Certificates" in this Agreement, ownership and transfers of which shall be evidenced or made through book entries by a Clearing Agency as described in Section 3.09; provided, that after the occurrence of a condition whereupon book-entry registration and transfer are no longer permitted and Definitive Certificates are to be issued to Certificate Owners, such Book-Entry Certificates shall no longer be "Book-Entry Certificates." As of the Closing Date, all of the Classes of Certificates listed in the second table of the Preliminary Statement, other than the Class R Certificates, will constitute Book-Entry Certificates.
Blanket Mortgage. The mortgage or mortgages encumbering a Cooperative Property. Book-Entry Certificates: All Classes of Certificates other than the Physical Certificates. Business Day: Any day other than (i) a Saturday or a Sunday, or (ii) a day on which banking institutions in New York City or the city in which any of the Custodian, the Servicer, or the Corporate Trust Office of the Trustee is located are authorized or obligated by law or executive order to be closed. Calculation Agent: Deutsche Bank National Trust Company, a national banking association, and its successors and assigns in such capacity under this Pooling and Servicing Agreement.
Blanket Mortgage. The mortgages encumbering a Cooperative Property. Book-Entry Certificates: As specified in the Preliminary Statement.