Borrower Mortgage definition

Borrower Mortgage means the security instrument, executed by Xxxxxxxx in favor of Administrative Agent, for the benefit of Administrative Agent and Lenders, pursuant to which Xxxxxxxx has granted, on a first priority basis, a Lien on substantially all of its now owned or hereafter acquired real property, as amended, modified, supplemented, extended or restated from time to time.

Borrower Mortgage the Deed of Trust, Leasehold Deed of Trust, Assignment of Rents and Leases, Security Agreement and Fixture Filing, dated as of the Closing Date, made by the Borrower to Nevada Title Company, a Nevada corporation, as trustee, for the benefit of the Collateral Agent, as amended by that certain First Amendment to Multiple Deeds of Trust, Leasehold Deed of Trust, Assignments of Rents and Leases, Security Agreement and Fixture Filings, dated as of the Amended and Restated Effective Date.

Borrower Mortgage means the Real Estate Mortgage, Assignment of Rents, Security Agreement and UCC Fixture Filing, dated as of the date hereof, made and delivered by the Borrower to the Administrative Agent and Collateral Agent.

Examples of Borrower Mortgage in a sentence

• Borrower shall, and shall cause Mortgage Borrower, Senior Mezzanine Borrower and Operating Company to, do or cause to be done all things necessary to preserve, renew and keep in full force and effect their existence, rights, licenses, permits and franchises and comply with all Legal Requirements applicable to Borrower, Senior Mezzanine Borrower, Mortgage Borrower, the Collateral, the Senior Mezzanine Collateral, Operating Company and the Properties, including, without limitation, Prescribed Laws.

• Borrower, Mortgage Borrower, Senior Mezzanine Borrower and Operating Company are not in default or violation of (i) any material order, writ, injunction, decree or demand of any Gaming Authority or (ii) any material order, writ, injunction, decree or demand of any other Governmental Authority.

• Except as disclosed in the zoning reports obtained by Lender in connection with the origination of the Loan, Borrower, Mortgage Borrower, Senior Mezzanine Borrower, Operating Company and each Individual Property (including the use thereof) comply in all material respects with all applicable Legal Requirements, including, without limitation, building and zoning ordinances and codes and Prescribed Laws.

• To assist the Lender in its Syndication efforts, Borrower agrees promptly to prepare and provide to the Lender all information with respect to Borrower, Senior Mezzanine Borrower, Mortgage Borrower, Holdings, the Operating Company, Guarantor, the Collateral, the Senior Mezzanine Collateral and the Properties contemplated hereby, including all financial information and projections (the “Projections”), as the Lender may reasonably request in connection with the Syndication of the Loan.

• In addition, Borrower agrees to reasonably cooperate with Lender, including providing such information and documentation regarding Borrower, Senior Mezzanine Borrower, Mortgage Borrower, Holdings, the Operating Company and any other Person as Lender or any potential Assignee or Participant may reasonably request and to meet with potential Assignees and Participants upon reasonable notice.

More Definitions of Borrower Mortgage

Borrower Mortgage means a mortgage or deed of trust, in a form reasonably satisfactory to the Administrative Agent, entered into between the Borrower, as mortgagor or trustor, and the Administrative Agent, as mortgagee or beneficiary, as amended from time to time.

Borrower Mortgage means the Family Mortgage facility granted by the Society to the Borrower;

Borrower Mortgage means, collectively, the mortgages, deeds of trust and similar instruments from time to time duly executed and delivered by the Borrower in favor of the Agent, on behalf of the Lenders, pledging real property of the Borrower, as the same may be amended, supplemented or otherwise modified from time to time.

Borrower Mortgage shall have the meaning provided in Section 5.18(a).

Borrower Mortgage means, with respect to any REO Property or Additional Mortgageable Collateral, a first priority Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing or Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing, substantially in the form attached hereto as Exhibit C, dated as of the Closing Date, granted by the Borrower to the Lender with respect to such REO Property or Additional Mortgageable Collateral as security for the Loan, as same may thereafter from time to time be supplemented, amended, modified or extended by one or more agreements supplemental thereto.

Borrower Mortgage means, collectively, (i) the Mortgage, Assignment of Rents and Fixture Filing dated as of the Closing Date and delivered by Company in favor of Collateral Agent, on behalf of Lenders, substantially in the form of Exhibit XIII annexed hereto, pursuant to which Company is granting to Collateral ------------ Agent a first priority lien on Company's real property located in Peoria, Illinois and (ii) any mortgage or deed of trust or similar security document executed, acknowledged and delivered from time to time by Company to Collateral Agent in substantially the form of Exhibit XIII annexed hereto which encumbers ------------ the fee or leasehold interest of Company in real property, as any of the foregoing may hereafter be amended, restated, supplemented or otherwise modified from time to time.

Borrower Mortgage shall have the meaning provided in Section 16 of Part I of Exhibit B.