Canadian Mortgage definition

Canadian Mortgage a mortgage, deed of immovable hypothec, deed of trust, assignment of leases and rents, leasehold mortgage or other security document granting a Lien on any Mortgaged Property to secure (or given with the intent to secure) the Canadian Facility Obligations. Each Canadian Mortgage shall be in form and substance reasonably satisfactory to Agent.

Canadian Mortgage has the meaning specified in Section 6.21(a)(i).

Canadian Mortgage means each Mortgage made by a Loan Party with respect to a Facility located in Canada.

Examples of Canadian Mortgage in a sentence

• The Company securitizes certain insured fixed and variable rate commercial and residential mortgages and Home Equity Lines of Credit (“HELOC”) through creation of mortgage-backed securities under the Canadian Mortgage Bond Program (“CMB”), and through a HELOC securitization program.

• In addition, Killam's apartments qualify for Canadian Mortgage and Housing Corporation ("CMHC") insured debt, reducing the refinancing risk upon mortgage maturities.

• Mortgages securitized in the Platinum Canadian Mortgage Trust II (“PCMT II”) program are uninsured.

• The Canadian Mortgage and Housing Corporation (CMHC) Affordable Housing Centre offers two initiatives to help with proposal development: Seed Funding Program and Proposal Development Funding (PDF).

• The Company securitizes certain insured fixed and variable rate commercial and residential mortgages and Home Equity Lines of Credit (“HELOC”) through creation of mortgage-backed securities under the Canadian Mortgage Bond Program (“CMB”), as well as through a HELOC securitization program.

More Definitions of Canadian Mortgage

Canadian Mortgage means any Mortgage taken in respect of real property located in Canada.

Canadian Mortgage each mortgage, deed of trust, deed of immovable hypothec, or deed to secure debt pursuant to which a Canadian Obligor grants a Lien on Mortgaged Property to the Agent for the benefit of Secured Parties as security for the Canadian Secured Obligations in form and substance reasonably satisfactory to the Agent, as the same may be amended, restated, amended and restated, supplemented or otherwise modified from time to time.

Canadian Mortgage means an agreement, including, but not limited to, a mortgage, deed of trust or any other document, creating and evidencing a Lien in favor of Collateral Agent on a Canadian Mortgaged Property, which shall be substantially in the form of Exhibit J-2, subject to the terms of the ABL Intercreditor Agreement, or other form reasonably satisfactory to Collateral Agent, in each case, with such schedules and including such provisions as shall be necessary to conform such document to applicable local or foreign law or as shall be customary under applicable local or foreign law, and as each such agreement may be amended, modified or supplemented from time to time.

Canadian Mortgage means an agreement, including, but not limited to, a mortgage, deed of trust or any other document, creating and evidencing a Lien in favor of Collateral Agent on a Canadian Mortgaged Property, which shall be substantially in the form of Exhibit I-2, subject to the terms of the Existing Intercreditor Agreement or the Intercreditor Agreement, as applicable, or other form reasonably satisfactory to Collateral Agent, in each case, with such schedules and including such provisions as shall be necessary to conform such document to applicable local or foreign law or as shall be customary under applicable local or foreign law, and as each such agreement may be amended, modified or supplemented from time to time.

Canadian Mortgage a mortgage provided by the Canadian Borrower or ----------------- a Subsidiary thereof with respect to a Canadian Mortgaged Property pursuant to the provisions set forth in the relevant Canadian Demand Debenture and Canadian Debenture Pledge Agreement.

Canadian Mortgage means a mortgage or similar Lien on the Company's real property and the improvements thereon at 000 Xxxxxxx Xxxxx, Xxxxxx, Xxxxxxx, Xxxxxx.

Canadian Mortgage means an agreement, including, but not limited to, a mortgage, deed of trust or any other document, creating and evidencing a Lien in favor of Collateral Agent on a Canadian Mortgaged Property, which shall be substantially in the form of Exhibit J-2, subject to the terms of the Intercreditor Agreement, or other form reasonably satisfactory to Collateral Agent, in each case, with such schedules and including such provisions as shall be necessary to conform such document to applicable local or foreign law or as shall be customary under applicable local or foreign law.