First Mortgage Debt definition

First Mortgage Debt means that certain financing for the Pool D Properties provided by Nomura Credit and Capital, Inc. in the original amount of $11,604,000.
First Mortgage Debt means that certain financing for the Pool A Properties provided by Nomura Credit and Capital, Inc. in the original amount of $10,632,000.00.
First Mortgage Debt means the “Debt” as defined in the First Mortgage Loan Agreement.

Examples of First Mortgage Debt in a sentence

  • The First Mortgage Debt is also secured by the Assignment of Leases.

  • The Greek Cypriot side meticulously kept its proposed changes within the parameters of the Plan.

  • The sum of Cash Flow Available plus First Mortgage Debt Service must be at least 10% of Total Operating Expenses.

  • The First Mortgage Debt is secured by a first priority mortgage on all of the Pool A Properties pursuant to an Amended and Restated Mortgage and Security Agreement dated April 12, 2004 (the “Mortgage”), which the Debtors assumed.

  • The Debtors were current with all payment obligations to Lender on the First Mortgage Debt through and including the month of February 2012.


More Definitions of First Mortgage Debt

First Mortgage Debt means, from time to time, any obligations of a Net Lease Partnership secured by a first mortgage or first deed of trust on one or more Individual Properties, as of the Closing Date as set forth in the relevant schedules to the Solicitation Statement, as updated by Schedule 6.18.2(ii). The GMAC Mortgage Loan is a First Mortgage Debt. Fiscal Year shall mean each twelve month period commencing on January 1 and ending on December 31. Foreign Lender as defined in Section 2.7.3.
First Mortgage Debt means, from time to time, any obligations of a Net Lease Partnership secured by a first mortgage or first deed of trust on one or more Individual Properties, as of the Closing Date as set forth in Schedule 6.1.18(b)(i). The GMAC Mortgage Loan is a First Mortgage Debt. Fiscal Quarter shall mean each quarterly period (a) beginning on January 1 and ending on March 31, (b) beginning on April 1 and ending on June 30, (c) beginning on July 1 and ending on September 30, and (d) beginning on October 1 and ending on December 31. Fiscal Year shall mean each twelve month period commencing on January 1 and ending on December 31. Fleet Loan Agreement as defined in Section 1.3.1. Foreign Lender as defined in Section 2.7.3(b).
First Mortgage Debt means the indebtedness outstanding as of the date of determination under the Mortgage Indenture.
First Mortgage Debt means, from time to time, any obligations of a Property Owner secured by a first mortgage or first deed of trust on one or more Individual Properties, as of the Closing Date as set forth in Schedule 6.17.2. First Union shall mean First Union Real Estate Equity and Mortgage Investments, an Ohio business trust. Fiscal Year shall mean each twelve month period commencing on January 1 and ending on December 31. Formation Documents shall mean, singly and collectively, the partnership agreements, joint venture agreements, limited partnership agreements, limited liability company or operating agreements and certificates of limited partnership and certificates of formation, articles (or certificate) of incorporation and by-laws and any similar agreement, document or instrument of any Person.
First Mortgage Debt means the Indebtedness outstanding under the ----------------------- 13% Indenture.
First Mortgage Debt as such term is defined in Section 2(c) hereof. "FIRST MORTGAGE DEBT LOAN DOCUMENTS" as such term is defined in Section 7(a)(i)(H). "XXXXXXXXXX OBLIGATIONS" - as such term is defined in Section 12(a)(iii). "INTANGIBLE PROPERTY" - as such term is defined in Section 1 hereof. "INTANGIBLE PROPERTY ASSIGNMENT" - as such term is defined in Section 10(d) hereof. "LAND" - as such term is defined in Section 1 hereof. "LAWS" - as such term is defined in Section 7(a)(i)(C) hereof. "LEASE ASSIGNMENT" - as such term is defined in Section 10(b) hereof. "LEASES" - as such term is defined in Section 1 hereof. "LICENSE AND INDEMNITY AGREEMENT" - as such term is defined in Section 13(b) hereof. "LICENSES" - as such term is defined in Section 11(c) hereof. "LIENS" - as such term is defined in Section 6(b) hereof. "MANAGER" - as such term is defined in Section 3(a)(iv). "XXXXX'X" - as such term is defined in Section 9(a)(vi). "NEW LEASE" - as such term is defined in Section 12(a)(ii) hereof. "NEW LEASE EXPENSES" - as such term is defined in Section 12(a)(ii) hereof. "NOTICE OF OBJECTION" - as such term is defined in Section 19(b)(i) hereof. "OTHER SALE AGREEMENTS" - as such term is defined in Section 9(a)(ix) hereof.
First Mortgage Debt means the indebtedness of the Borrower to the ------------------- First Mortgage Lender under the First Mortgage Loan Agreement.