Chattel Mortgage definition

Chattel Mortgage. Security Instrument", and any other security for the note identified herein, and endorsed for insurance or held by the Secretary;
Sample 1Sample 2Sample 3
Chattel Mortgage means the Chattel Mortgage - Security Agreement, dated as of March 5, 1996, between the Grantor and the Agent, for the benefit of the Secured Parties, as amended, modified or supplemented from time to time.
Sample 1Sample 2
Chattel Mortgage means the mortgage or mortgages created and to be created by the Mortgagor over the Chattel pursuant to this Mortgage Agreement;
Sample 1Sample 2

Examples of Chattel Mortgage in a sentence

  • This Supplemental Chattel Mortgage shall be construed as supplemental to the Mortgage and shall form a part thereof, and the Mortgage is hereby incorporated by reference herein and is hereby ratified, approved and confirmed.

  • Chattel Mortgage - acquire an asset through a secured loan agreement2.

  • This Supplemental Chattel Mortgage may be executed in one or more counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same Supplemental Chattel Mortgage.

  • If the home is to be permanently affixed to the mortgaged property but has not yet been delivered, you must download from our legal documents web site and prepare the Security Agreement (Security Interest in Consumer Goods) (Form 944), except in B.C., the Security Agreement (Chattel Mortgage for Consumer Goods) (Form 950).

  • This section should be used more than once if different lien positions are taken on different kinds of personal property.For Puerto Rico Chattel Mortgage only: the text ‘perfected security interest’ will be replaced with ‘chattel mortgage’.


More Definitions of Chattel Mortgage

Chattel Mortgage means any chattel mortgage (or the Chilean equivalent) executed by Purchaser in favor of Collateral Agent, on behalf of Secured Parties, the form of which shall be satisfactory to Secured Parties and adequate to give to Collateral Agent, on behalf of Secured Parties a first priority perfected security interest (or the Chilean equivalent) in all of the personal property of Purchaser, including, but not limited to, the License and Other Licenses to the extent permitted by law.
Sample 1
Chattel Mortgage means the mortgage or mortgages created and/or to be created by the Company pursuant to Section 2.01, together with the rights, benefits and remedies of the Bank inherent therein or provided for herein.
Sample 1
Chattel Mortgage means the First Priority Purchase Money Aircraft Chattel Mortgage and Security Agreement of even date herewith by and between Lessor and Lender.
Sample 1
Chattel Mortgage means a security device which creates a valid and enforceable, first-priority lien over the movable assets secured by it.
Sample 1
Chattel Mortgage. Like a real estate mortgage. The debtor is conveying title, but keeping possession (opposite to a pledge). Remedy is to sell the thing or keep it (foreclose). Problem is taking possession. Not used often anymore. Lien (Charge): Created by contract, statute or common law. It is a possessory security (ie a mechanic’s lien by statute). The term “lien” is often abused by overuse. Conditional Sale: Title does not pass to the buyer until all payments are made. Security is the retention of title.
Sample 1
Chattel Mortgage means the Chattel Mortgage as constituted by the Particulars and these Terms and Conditions;
Sample 1
Chattel Mortgage means this instrument as originally executed or as it may from time to time be supplemented or amended by one or more instruments supplementary or amendatory hereto and which are executed by the Mortgagor.
Sample 1