CT Mortgage definition

CT Mortgage means that certain Open-End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing, dated the Agreement Date, made by the Borrower in favor of the Purchasers.
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CT Mortgage means CT Mortgage Company, Inc., a wholly owned subsidiary of Taylor Capital Group.
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Examples of CT Mortgage in a sentence

  • Guaranty, endorse or otherwise in any way directly, indirectly or contingently become liable for the obligations or liabilities of any other Person, except endorsements of negotiable instruments for collection in the ordinary course of business, except for guaranties of the obligations of CT Mortgage Company and its Subsidiaries under sales of loan pools.

  • After the date hereof and prior to the Closing Date, CTFG and the Tayl▇▇ ▇▇▇ectors shall use their reasonable best efforts to cause each of the Bank, Finance, CT Mortgage and each of their subsidiaries not to take any action which knowingly violates any statute, code, ordinance, rule, regulation or judgment, order, writ, arbitral award, injunction or decree of any court, governmental agency or body or arbitrator, domestic or foreign, having jurisdiction over its properties.

  • After the Closing, the Tayl▇▇ ▇▇▇ily shall cause the Bank to indemnify and hold harmless CTFG and its affiliates from and against any and all Losses (x) whenever incurred, arising or accrued, relating to the Bank or CT Mortgage or CTFG's ownership of securities in the Bank, CT Mortgage or Alpha Capital Fund or (y) incurred, arising or accrued prior to the Closing and relating to Auto Sub.

  • All of the outstanding shares of Bank Stock and stock of CT Mortgage are fully paid and nonassessable and are owned free and clear of any liens, mortgages or claims by CTFG.

  • After the date hereof and prior to the Closing Date, CTFG and the Tayl▇▇ ▇▇▇ectors shall use their reasonable best efforts to cause the Bank, Finance, CT Mortgage and each of their subsidiaries to pay or discharge their current liabilities when the same become due and payable, except for such liabilities as may be subject to a good faith dispute or counterclaim.

  • CTFG has previously delivered to the Tayl▇▇ Family a true and accurate schedule showing the amounts and dates of its investments in CT Mortgage and Alpha Capital Fund.

  • All of the issued and outstanding shares of Bank Stock and stock of CT Mortgage are duly and validly authorized and issued.

  • At the Closing, CTFG will have good and valid title to all of the Bank Stock, the CT Mortgage Stock and the Alpha Interest free and clear of any Liens.

  • CTFG shall permit the Tayl▇▇ ▇▇▇ily and its authorized representatives reasonable access during regular business hours to the Bank's properties and those of the Bank's subsidiaries and CT Mortgage.

  • On the date hereof, CT Mortgage has authorized, issued and outstanding capital stock as follows: Authorized Issued Outstanding Treasury ---------- ------ ----------- -------- Common 10,000 1,000 1,000 0 ---------- ------ ----------- -------- There are no issued or outstanding warrants, options, preemptive rights, rights of first refusal or other rights to purchase equity or debt instruments of CT Mortgage.