Existing Mortgaged Properties definition

Existing Mortgaged Properties has the meaning specified in Section 5.07(b).

Existing Mortgaged Properties means the properties of the Parent Borrower and/or its Subsidiaries subject to a mortgage under the Existing Credit Agreement.

Existing Mortgaged Properties means the owned real properties of the Loan Parties specified on Schedule 1.01(a) and encumbered by Existing Mortgages.

Examples of Existing Mortgaged Properties in a sentence

• Neither Borrower nor any of its Subsidiaries has entered into any currently effective contracts for the sale of the Existing Mortgaged Properties or the Vicksburg Mortgaged Property, nor do there exist any currently effective rights of first refusal or options to purchase such properties, except such contracts, rights of first refusal and options to purchase entered into in accordance with subsection 7.7.

• Administrative Agent shall have received such information, in form, scope and substance satisfactory to Administrative Agent regarding environmental matters relating to Borrower and its Subsidiaries and the Existing Mortgaged Properties from one or more environmental consultants acceptable to Administrative Agent that have conducted reviews of such matters within thirty (30) days of the Restatement Effective Date.

• All of such Real Properties that are Mortgaged Properties as of the Closing Date are denoted with an "*" on Schedule 5.07 (the "Existing Mortgaged Properties").

• Any other disposition of assets shall require the prior written consent of the Agent, in its sole discretion; provided, however, in the case of the disposition of the Existing Mortgaged Properties (as defined in the Amended and Restated Agreement) and the water plants located at the Company's resorts such consent shall be not unreasonably withheld.

• The Company will deliver, or cause to be delivered, within five Business Days after the Restatement Effective Date to the Administrative Agent real estate appraisals, in form and substance satisfactory to the Administrative Agent and the Required Banks, in connection with the Existing Mortgaged Properties from Cushxxx & Xakexxxxx, Xxc., which appraisals shall comply with the requirements of Section 5.11(a)(iii).

More Definitions of Existing Mortgaged Properties

Existing Mortgaged Properties means collectively the Real Property Assets listed in Schedule 1.1.

Existing Mortgaged Properties means all Real Property of the Borrowers and their respective Subsidiaries listed on Schedule III.

Existing Mortgaged Properties means all real property of the Borrower and its Subsidiaries listed on Annex VIII and designated as “Existing Mortgaged Properties” therein.

Existing Mortgaged Properties means all Real Property of the Borrower and its Subsidiaries listed on Part A of Schedule II and designated as "Existing Mortgaged Properties" therein.

Existing Mortgaged Properties means all Real Property of the Credit Parties listed on Schedule III and designated as "Existing Mortgaged Properties" therein.

Existing Mortgaged Properties means the oil and gas properties owned by Borrower and its Subsidiaries which are subject to the Liens created by the Existing Mortgages to secure the Existing Rights and Obligations.

Existing Mortgaged Properties means the real properties that, as of the Issue Date, are subject to a Lien in favor of the lenders or agents under the Existing Mortgage Notes.