Existing Mortgage Documents definition

Existing Mortgage Documents means: (a) those Promissory Notes executed by the Company, as borrower, to the order of Mortgage Lenders as identified on Schedule II attached hereto; (b) the Mortgages executed by the Company in favor of Mortgage Lenders as more particularly identified on the attached Schedule II; (c) those certain Loan Agreements entered into between the Company and Mortgage Lenders identified on the attached Schedule II; and (d) all other documents and agreements evidencing and securing repayment of the Loans listed on Schedule II attached hereto.
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Existing Mortgage Documents means: (a) that certain Mortgage and Security Agreement, dated as of September 1, 2022, entered into between the Property Owner, as borrower, and S&P Principal LLC (“S&P”), in the principal amount of FOUR MILLION EIGHT HUNDRED THOUSAND Dollars ($4,800,000); (b) that certain Second Mortgage and Security Agreement, dated May 24, 2023, entered into between the Property Owner and S&P, in the principal amount of ONE MILLION Dollars ($1,000,000); (c) that certain Mortgage and Security Agreement, dated as of October 9, 2023, entered into between the Property Owner, Mast Hill Fund, L.P. and FirstFire Global Opportunities Fund LLC (together with S&P, the “Lenders”), in the principal amount of SEVEN HUNDRED THOUSAND Dollars ($700,000); and (d) all other documents and agreements evidencing and securing repayment of the Existing Mortgage Financing.
Sample 1
Existing Mortgage Documents means, collectively, (i) that certain Mortgage, Assignment of Leases and Rents and Security Agreement, dated as of April 23, 2002, executed and delivered by Buffalo China and the Erie County Industrial Development Agency to JPMorgan Chase, as the Existing Collateral Agent, and recorded with the Clerk of Erie County, New York on April 25, 2002 in Liber 12990 of Deeds at page 6554, (ii) that certain Mortgage Spreader Agreement, dated as of April 23, 2002, by and between Buffalo China, the Erie County Industrial Development Agency and JPMorgan Chase, as the Existing Collateral Agent, and recorded with the Clerk of Erie County, New York on April 25, 2002 in Liber 11005 of Deeds at page 1060, (iii) that certain Mortgage, Assignment of Leases and Rents and Security Agreement, dated as of April 23, 2002, executed and delivered by Buffalo China and the Erie County Industrial Development Agency to JPMorgan Chase, as the Existing Collateral Agent, and recorded with the Clerk of Erie County, New York on April 25, 2002 in Liber 12990 of Deeds at page 6594, (iv) that certain Mortgage Spreader Agreement, dated as of April 23, 2002, by and between Buffalo China, the Erie County Industrial Development Agency and JPMorgan Chase, as the Existing Collateral Agent, and recorded with the Clerk of Erie County, New York on April 25, 2002 in Liber 11005 of Deeds at page 1072, (v) that certain Mortgage, Assignment of Leases and Rents and Security Agreement, dated as of April 23, 2002, executed and delivered by the Borrower and the Oneida County Industrial Development Agency to JPMorgan Chase, as the Existing Collateral Agent, and recorded with the Clerk of Oneida County, New York on April 24, 2002 as 2002-010129, (vi) that certain Mortgage Spreader Agreement, dated as of April 23, 2002, by and between the Borrower, the Oneida County Industrial Development Agency and JPMorgan Chase, as the Existing Collateral Agent, and recorded with (A) the Clerk of Oneida County, New York on April 24, 2002 as 2002-010130, and (B) the Clerk of Madison County, New York on April 25, 2002 in Liber 492 of A&S at page 001, (vii) that certain Mortgage, Assignment of Leases and Rents and Security Agreement, dated as of April 23, 2002, executed and delivered by the Borrower and the Oneida County Industrial Development Agency to JPMorgan Chase, as the Existing Collateral Agent, and recorded with the Clerk of Oneida County, New York on April 24, 2002 as 2002-010127, (viii) that certain Mortgage Spreader Agr...
Sample 1

Examples of Existing Mortgage Documents in a sentence

  • As of the date hereof, no cash sweep or similar type of event has occurred and is continuing under the Existing Mortgage Documents.

  • He stated that his problem is with the landlord and not the license applicant.

  • Title to the Premises at the Closing shall be good and marketable and insurable as such at regular rates by a reputable title company subject to easements and restrictions of record as of the date of the Sublease, the Existing Mortgage Documents, and other matters affecting title which do not impair or preclude the use of the Premises as described in the Sublease; easements visible upon the ground; and other matters affecting title to which Buyer has consented in writing, not to be unreasonably withheld.

  • Seller agrees to sell to Purchaser, and Xxxxxxxxx agrees to purchase from Seller, in accordance with the terms and conditions of this Agreement, the Sale Membership Interests, free and clear of any mortgage, pledge, lien, charge, security interest, claim or other encumbrance (“Encumbrance”) other than a Permitted Encumbrance, but subject to the terms and restrictions of: (a) the Operating Agreement; and (b) the Existing Mortgage Documents.

  • For the purposes of this Section 16.23, the term “reasonable efforts” shall be deemed to mean that Seller shall deliver a written request for such assignment to the Seller’s Lender (which may be sent by email to Seller’s Lender contact person) but Seller shall have no obligation to expend any money, incur costs, provide any financial accommodations or commence any litigation or take other legal action in connection with the procurement or delivery of the Existing Mortgage Documents.

  • By: Name: Xxxx Xxxxxx, Its President ESCROW AGENT: First American title Insurance By: Name: Title Exhibit A – Property Description Exhibit B – Title Policy Exhibit C – Rent Roll Exhibit D – List of Existing Contracts Exhibit E – Seller’s Existing Mortgage Documents Exhibit F – Form of Assignment of Leases and Rents Exhibit G – Form of Xxxx of Sale and Assignment and Assumption of Licenses, Permits, Approvals, warranties, Guaranties, Contracts and Plans and Specifications To be attached.


More Definitions of Existing Mortgage Documents

Existing Mortgage Documents means: (a) that certain Mortgage and Security Agreement, dated as of September 1, 2022, entered into between the Property Owner, as borrower, and S&P Principal LLC (“S&P”), in the principal amount of FOUR MILLION EIGHT HUNDRED THOUSAND Dollars ($4,800,000); (b) that certain Second Mortgage and Security Agreement, dated May 24, 2023, entered into between the Property Owner and S&P, in the principal amount of ONE MILLION Dollars ($1,000,000); (c) that certain Mortgage and Security Agreement, dated as of October 9, 2023, entered into between the Property Owner, Mast Hill Fund, L.P. and FirstFire Global Opportunities Fund LLC (together with S&P, the “ Lenders”), in the principal amount of SEVEN HUNDRED THOUSAND Dollars ($700,000); and (d) all other documents and agreements evidencing and securing repayment of the Existing Mortgage Financing.
Sample 1
Existing Mortgage Documents means all documents evidencing and securing the mortgage loan that is presently encumbering the Property, which loan shall be paid off at Closing, and which loan documents shall be cancelled at Closing.
Sample 1

Related to Existing Mortgage Documents

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Mortgage Documents With respect to each Mortgage Loan, the mortgage documents required to be delivered to the Custodian pursuant to each Custodial Agreement.

  • Existing Mortgages means any mortgage, deed of trust or deed delivered pursuant to the Existing Credit Agreement including any amendments, modifications, restatements or assignments thereof.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Refinancing Mortgage Loan Any Mortgage Loan originated in connection with the refinancing of an existing mortgage loan.

  • Mortgage Amendments as defined in Section 6.11(a).

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • 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.

  • Fee Mortgage Any mortgage, pledge agreement, security agreement, assignment of leases and rents, fixture filing or similar document creating or evidencing a lien on Landlord’s interest in the Leased Property or any portion thereof (or an indirect interest therein, including without limitation, a lien on direct or indirect interests in Landlord) in accordance with the provisions of Article XXXI hereof.

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

  • 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.

  • Cooperative Loan Documents As to any Cooperative Loan, (i) the Cooperative Shares, together with a stock power in blank; (ii) the original executed Security Agreement and the assignment of the Security Agreement endorsed in blank; (iii) the original executed Proprietary Lease and the assignment of the Proprietary Lease endorsed in blank; (iv) the original executed Recognition Agreement and the assignment of the Recognition Agreement (or a blanket assignment of all Recognition Agreements) endorsed in blank; (v) the executed UCC-1 financing statement with evidence of recording thereon, which has been filed in all places required to perfect the security interest in the Cooperative Shares and the Proprietary Lease; and (vi) executed UCC-3 financing statements (or copies thereof) or other appropriate UCC financing statements required by state law, evidencing a complete and unbroken line from the mortgagee to the Trustee with evidence of recording thereon (or in a form suitable for recordation).

  • Security Instruments means, collectively, (a) the Mortgages, (b) the Transfer Letters, (c) the Pledge Agreements, (d) the Security Agreements, (e) each other agreement, instrument or document executed at any time in connection with the Pledge Agreements, the Security Agreements, or the Mortgages, (f) each agreement, instrument or document executed in connection with the Cash Collateral Account; and (g) each other agreement, instrument or document executed at any time in connection with securing the Obligations.

  • Facility Mortgage As defined in Section 13.1.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Mortgage Loan Documents means, with respect to the Mortgage Loan, the Mortgage Loan Agreement, the Mortgage, the Notes and all other documents now or hereafter evidencing and securing the Mortgage Loan.

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

  • Mortgage Debt means (i) debt secured only by real property at the time of the MSPLF Loan’s origination;2 and (ii) limited recourse equipment financings (including equipment capital or finance leasing and purchase money equipment loans) secured only by the acquired equipment.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

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

  • 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.

  • Conforming Mortgage Loan means a first lien Mortgage Loan originated in accordance with the criteria of an Agency for purchase of Mortgage Loans, including, without limitation, conventional Mortgage Loans, as determined by Buyer in its sole discretion.

  • Ship Mortgage means a Ship Mortgage or Additional Ship Mortgage substantially in the form of Exhibit E-2 to the 2008 Credit Agreement (with such changes as are reasonably consented to by the Collateral Agent to account for local law matters) made by the applicable Loan Party in favor of Collateral Agent for the benefit of the Secured Parties, as the same may be amended, supplemented or otherwise modified from time to time, together with an Earnings Assignment and an Insurance Assignment made by the applicable Loan Party for each Mortgaged Vessel, and such other agreements reasonably acceptable to Collateral Agent as shall be necessary to comply with applicable requirements of law and effective to grant in favor of Collateral Agent for the benefit of the Secured Parties a first preferred mortgage within the meaning of the Ship Mortgage Act on the Mortgaged Vessel covered thereby, subject only to Permitted Liens.