Encumbered Property definition

Encumbered Property means all property, including the property of a subsequent purchaser, subject to the same private transfer fee obligation.

Encumbered Property has the meaning specified in Section 7.01.

Encumbered Property or “Encumbered Properties” shall mean a Property or Properties encumbered by a security interest, mortgage or any other Lien upon or charge against or interest in the property to secure payment of a debt or performance of an obligation.

Examples of Encumbered Property in a sentence

• Notwithstanding the appointment of any receiver, liquidator or trustee of the Mortgagor, any of its property or the Encumbered Property, the Mortgagee shall be entitled, to the extent not prohibited by applicable law, to remain in possession and control of all parts of the Encumbered Property now or hereafter granted under this Mortgage in accordance with the terms hereof and applicable law.

• The Mortgagor will cause this Mortgage, any other security instrument creating a security interest in or evidencing the lien hereof upon the Encumbered Property and each instrument of further assurance to be filed, registered or recorded in such manner and in such places as may be required by any present or future law in order to publish notice of and to protect fully the liens and security interests of the Mortgagee hereby granted in and upon the Encumbered Property.

• If an Event of Default shall occur and be continuing, the Mortgagee, upon application to a court of competent jurisdiction, shall be entitled as a matter of right to the appointment of a receiver to take possession of and to operate the Encumbered Property and to collect and apply the Rents.

• The Mortgagee shall have all rights with respect to the part of the Encumbered Property that is the subject of a security interest afforded by the UCC in addition to, but not in limitation of, the other rights afforded the Mortgagee hereunder.

• The receiver shall have all of the rights and powers permitted under the laws of the state wherein the Encumbered Property is located.

More Definitions of Encumbered Property

Encumbered Property means the real property (including all improvements, buildings, fixtures, building equipment and personal property thereon and all additions, alterations and replacements made at any time with respect to the foregoing) and all other collateral securing repayment of the debt comprised in a Mortgage Loan, or, in the case of any Mezzanine Loan, the Equity Interests and the real property related thereto.

Encumbered Property means any Lender Encumbered Property, Tenant Encumbered Property or JV Encumbered Property.

Encumbered Property means, individually or collectively, as the context may require, each of the properties listed on Schedule A-2, including each of the Properties securing the Mortgage Loan or otherwise owned by the Mortgage Loan Property Owner, as modified from time to time to reflect any Transfer permitted pursuant to Section 2.2.

Encumbered Property means all property,

Encumbered Property means (but excluding any and all [Excluded Property]):

Encumbered Property or "Encumbered Properties" shall mean a Property or Properties encumbered by a security interest, mortgage or any other Lien upon or charge against or interest in the property to secure payment of a debt or performance of an obligation.

Encumbered Property means each senior living or skilled nursing facility that is encumbered by a mortgage or deed of trust lien securing a Mortgage Loan.