Existing Mortgage Amendment definition

Existing Mortgage Amendment shall have the meaning set forth in Section 8.1(d).
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Existing Mortgage Amendment means one or more [Amendments to Mortgages], UCC-3 Amendments and other documents, instruments, and agreements in form and substance acceptable to Administrative Agent to be entered into by and among Borrower or the pertinent Subsidiaries and Bank One, Texas, N.A. in its capacity as Agent under the Existing Credit Agreement and Administrative Agent, pursuant to which the Existing Mortgages shall be modified, amended, renewed, and extended to (a) reflect the renewal, extension, amendment, and modification of the Existing Rights and Obligations pursuant to this Agreement, and (b) to secure the Obligations as defined herein.
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Existing Mortgage Amendment means, with respect to any Existing Mortgaged Property, an amendment to and assignment of the Existing Mortgage for such property, substantially in the form of Exhibit Q-1, for owned property and Exhibit Q-2 for leased property or in such other form as may be approved by the Administrative Agent in its sole and reasonable discretion.
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Examples of Existing Mortgage Amendment in a sentence

  • Evidence that the New Mortgage and the Existing Mortgage Amendment have been registered through the Registry under the laws and flag of the Flag State.

  • With respect to each Real Property Asset listed in Part I (Existing Mortgages) of Schedule 4.5(c) other than the Excluded Assets (each an "Existing Mortgaged Property"), a fully executed and notarized Existing Mortgage Amendment, in proper form for recording in all appropriate places in all applicable jurisdictions.

  • With respect to each Real Property Asset listed on Schedule 4.5(c) (each an “Existing Mortgaged Property”), a fully executed and notarized Existing Mortgage Amendment, in proper form for recording in all appropriate places in all applicable jurisdictions.

Related to Existing Mortgage Amendment

  • Mortgage Amendment means an amendment to an Existing Mortgage or an amendment and restatement of an Existing Mortgage, in each case in form and substance reasonably acceptable to the Collateral Agent.

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • Mortgage Addendum means the addendum to the Mortgage in the agreed form.

  • Closing Date Mortgaged Property as defined in Section 3.1(i).

  • Reverse mortgage means a nonrecourse loan under which both of the following apply:

  • Price amendment means the amendment to a registration statement filed under the Securities Act of 1933 or, if an amendment is not filed, the prospectus or prospectus supplement filed under the Securities Act of 1933 that includes a statement of the offering price, underwriting and selling discounts or commissions, amount of proceeds, conversion rates, call prices, and other matters dependent upon the offering price.

  • Second Mortgage means a mortgage from which the proceeds of a loan or other extension of credit made by a third person are secured by a mortgage on the real property for which the mortgagor has used the proceeds of the loan or other extension of credit to pay all or part of the purchase price of the property.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • First Amendment Date means February 21, 2019.