CIGNA Mortgage Loan definition

CIGNA Mortgage Loan means (i) the MS Boston Mortgage Loan and (ii) (a) prior to the MS NP Refinance Date, the CIGNA Princeton Mortgage Loan and the CIGNA Nashville Mortgage Loan and (b) from and after the MS NP Refinance Date, the MS NP Loan.
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CIGNA Mortgage Loan has the meaning set forth in the Recitals.
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Examples of CIGNA Mortgage Loan in a sentence

  • Borrower has paid in full for, and is the owner of, all Personal Property (other than the property of tenants, guests, and Managers) used in connection with the operation of the CIGNA Mortgage Loan Property, free and clear of any and all security interests, liens or encumbrances, except for Permitted Encumbrances and the Lien and security interest created by the Mortgage Loan Documents.

  • No Condemnation or other proceeding has been commenced or, to Borrower’s knowledge, is threatened or contemplated with respect to all or any portion of the CIGNA Mortgage Loan Property or for the relocation of roadways providing access to the CIGNA Mortgage Loan Property.

  • The CIGNA Mortgage Loan Property is assessed for real estate tax purposes as one or more wholly independent tax lot or lots, separate from any adjoining land or improvements not constituting a part of such lot or lots, and no other land or improvements is assessed and taxed together with the CIGNA Mortgage Loan Property or any portion thereof.

  • The use being made of the CIGNA Mortgage Loan Property is in conformity with the certificate of occupancy and any permits or licenses issued for, or required to be issued under applicable Legal Requirements for, the CIGNA Mortgage Loan Property.

  • None of the Improvements on the CIGNA Mortgage Loan Property are located in an area identified by the Federal Emergency Management Agency as an area having special flood hazards, or, if any portion of the Improvements is located within such area, the applicable CIGNA Mortgage Loan Borrower has obtained the insurance prescribed in Section 8.1(a)(i).

  • The CIGNA Mortgage Loan Property is used exclusively for hotel purposes and other appurtenant and related uses.

  • To Borrower’s knowledge, there are no pending or proposed special or other assessments for public improvements or otherwise affecting the CIGNA Mortgage Loan Property, nor are there any contemplated improvements to the CIGNA Mortgage Loan Property that may result in such special or other assessments.

  • There are no Major Leases affecting the CIGNA Mortgage Loan Property on the Closing Date other than as set forth on Schedule XI.

  • No assessments or other amounts payable by CIGNA Mortgage Loan Borrower with respect to any Condominium are delinquent as of the date hereof.

  • The Survey for each CIGNA Mortgage Loan Property delivered to Lender in connection with the original funding of the Loan (or with respect to the Individual Property located in Parsippany, New Jersey, in connection with the Restructuring), as supplemented, updated or modified in connection with the Restructuring, is an ALTA survey, and to the knowledge of Borrower does not fail to reflect any material matter affecting any Individual Property or the title thereto.