First Lien Deed of Trust definition

First Lien Deed of Trust means that certain first lien deed of trust granted by Borrower as of the same date hereof.
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First Lien Deed of Trust. As defined in Section 2.06. ------------------------
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First Lien Deed of Trust means that certain Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing dated October 24, 2006 given by Grantor to Xxxx Xxxxxxxx, Xx., as trustee, for the benefit of Beneficiary, as beneficiary, assignee and secured party, in its capacity as administrative agent for the Lenders and Issuers (as such terms are defined in the First Lien Credit Agreement), recorded in the Deed Records of Tarrant County under Clerk’s File No. D206336238, as the same may be amended, restated, supplemented or otherwise modified from time to time.
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Examples of First Lien Deed of Trust in a sentence

  • The only liens to be placed on the property purchased through HAP will be the ALP’s First Lien Deed of Trust and the City’s Second Lien Deed of Trust.

  • HCDD will request the preliminary HUD I, first page of First Lien Deed of Trust and Schedule A & B of the title commitment from the ALP.

  • After closing, the title company will submit to HCDD the original recorded and executed Second Lien Deed of Trust, Loan Note, HUD I Settlement Statement and a copy of the ALPs recorded First Loan Note and Deed of Trust.It should be noted that the HUD I, first page of First Lien Deed of Trust and Schedule A & B of Title Commitment must be received at HCDD by 10:00 a.m. if the file is scheduled to close the next business day.

  • BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for the First Lien Deed of Trust and other encumbrances of record.

  • A default under the First Lien Deed of Trust shall be a default hereunder.BY SIGNING UNDER SEAL BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any Rider executed by Borrower and recorded with it.

  • The Recitals clarify that such clear affirmative action could include:  ticking a box in an online context;  choosing technical settings for information society services;  or any other statement or conduct which clearly indicates the data subject's acceptance of the proposed data processing activities.

  • Unless Lender and Borrower otherwise agree in writing, insurance proceeds shall be applied to restoration or repair of the Property damaged, if the restoration or repair is economically feasible and Lender’s security is not lessened; provided, however, that the rights of Lender to collect and apply such insurance proceeds shall be subject and subordinate to the rights of the holder of the First Lien Deed of Trust to collect and apply such proceeds.

  • The trial court’s ordering 3 MAC to convey lot A to Plaintiff free and clear of [the Bank’s] First Lien Deed of Trust and ordering [the Bank], Gibson, and Anderson to release [the Bank’s] Deed of Trust recorded against Lot A constituted an improper remedy.

  • And has a unique appearance, is a price setting aimed at high-income target customers (Upper Class) The Company's products are products that customers have relatively high loyalty to the Company's brand, such as some specific products.

  • Dealer’s obligation to pay the Dealership Sales Tax Revenue Shortfall Amount shall be evidenced by the Dealer Note substantially in the form attached hereto as Exhibit D in the initial principal amount of $1,942,379, and secured by a First Lien Deed of Trust, substantially in the form attached hereto as Exhibit E on the Site.


More Definitions of First Lien Deed of Trust

First Lien Deed of Trust means that certain Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing dated October 24, 2006 given by Grantor to Xxxx Xxxxxxxx, Xx., as trustee, for the benefit of Beneficiary, as beneficiary, assignee and secured party, in its capacity as administrative agent for the Lenders and Issuers (as such terms are defined in the First Lien Credit Agreement), recorded in the Deed Records of Tarrant County under Clerk’s File No. D206336238, as the same may be amended, restated, supplemented or otherwise modified from time to time. (d) “Grantor” means the person or persons named at the beginning of this instrument as Grantor, and any subsequent owner or owners of the Property. (e) “Indebtedness” means (1) the Obligations, and (2) all other indebtedness, obligations and liabilities now or hereafter existing of any kind of Grantor or any Loan Party to Beneficiary or any of the Secured Parties pursuant to or in connection with the Loan Agreement. This Deed of Trust secures any future advances under the Loan Agreement. (f) “Permitted Encumbrances” means the encumbrances listed on Exhibit B to this Deed of Trust and incorporated herein by reference as if fully set out herein and the Permitted Liens. (g) “Property” means all of the described property, rights, privileges, interests and franchises more particularly described in paragraphs (1) through (11) below:
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First Lien Deed of Trust means the deed of trust in favor of CPC securing the First Lien Note and encumbering the San Antonio Land.
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Related to First Lien Deed of Trust

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • First Lien Security Documents means the Security Documents and any other agreement, document or instrument pursuant to which a lien is granted or purported to be granted securing First Lien Obligations or under which rights or remedies with respect to such liens are governed, in each case to the extent relating to the collateral securing the First Lien Obligations.

  • First Lien Intercreditor Agreement means an Intercreditor Agreement substantially in the form of Exhibit H (with such changes to such form as may be reasonably acceptable to the Administrative Agent and the Borrower) among the Administrative Agent, the Collateral Agent, and the representatives for purposes thereof for holders of one or more classes of First Lien Obligations (other than the Obligations).

  • Second Lien Intercreditor Agreement means a First Lien/Second Lien Intercreditor Agreement substantially in the form of Exhibit I-2 (with such changes to such form as may be reasonably acceptable to the Administrative Agent and the Borrower) among the Administrative Agent, the Collateral Agent and the representatives for purposes thereof of any other Permitted Other Indebtedness Secured Parties that are holders of Permitted Other Indebtedness Obligations having a Lien on the Collateral ranking junior to the Lien securing the Obligations.

  • Second Lien Security Documents means all “Security Documents” as defined in the Second Lien Credit Agreement, and all other security agreements, mortgages, deeds of trust and other security documents executed and delivered in connection with any Second Lien Credit Agreement, in each case as the same may be amended, supplemented, restated or otherwise modified from time to time.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Junior Lien Intercreditor Agreement means an intercreditor agreement in form and substance reasonably satisfactory to the Administrative Agent between the Administrative Agent and one or more collateral agents or representatives for the holders of Indebtedness that is secured by a Lien on the Collateral ranking junior to the Liens of the Loan Documents.

  • Additional First Lien Obligations means any Indebtedness having Pari Passu Lien Priority relative to the Notes with respect to all or a portion of the Collateral whose Authorized Representative has executed a joinder to the First Lien Intercreditor Agreement.

  • Existing Intercreditor Agreement means the existing intercreditor agreement dated 11 May 2007 (as amended by a letter dated 21 June 2007 and a further letter dated 29 June 2007, as amended and restated on 5 November 2009 and as further amended on 5 November 2010) between, inter alia, Beverage Packaging Holdings (Luxembourg) I S.A., Rank Group Holdings Limited (now Xxxxxxxx Group Holdings Limited), Beverage Packaging Holdings (Luxembourg) II S.A., Beverage Packaging Holdings (Luxembourg) III S.à x.x., Credit Suisse AG (formerly Credit Suisse) as security trustee and others.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.