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.

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First Mortgage Debt means the “Debt” as defined in the First Mortgage Loan Agreement.

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.

Examples of First Mortgage Debt in a sentence

With respect to EPR and any of its Subsidiaries, all Indebtedness, plus the face amount of any undrawn letters of credit, plus any Contingent Obligations, plus TLS Off Balance Sheet First Mortgage Debt.
As of Closing, the sum of the principal of ------------- the Loans, plus the First Mortgage Debt shall not exceed 75% of the combined value of the MOB Properties as determined by the Agent in its sole and absolute discretion.
On August 1, 1997 Blackstone entered into a $100,000,000 non-recourse mortgage note secured by a first priority lien on the four Swissotels' hotel property and is subordinated to the Swissotel First Mortgage Debt.
No later than January 31, 2001, retire all remaining 13% First Mortgage Debt and make arrangements satisfactory to the Administrative Agent for the termination of any deeds of trust, financing statements and other security held with respect thereto.
Lender hereby covenants and agrees that, unless foreclosure pro- ceedings with respect to the First Mortgage Debt have been commenced, Lender shall not commence foreclosure proceedings with respect to the indebtedness evidenced by the Secured Note, or attempt to have a receiver appointed for the Hotel, until the first business day following the Outside Closing Date.

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 Schedule 6.1.18(ii)(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(iii).

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). "▇▇▇▇▇▇▇▇▇▇ 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). "▇▇▇▇▇'▇" - 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.

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 as of any Determination Date, without ------------------- duplication, the outstanding principal amount of Indebtedness secured by a first mortgage on any MOB Property as of the Measurement Period End Date.

First Mortgage Debt means the indebtedness outstanding as of the date of determination under the Mortgage Indenture.

First Mortgage Debt means the Indebtedness outstanding under the ----------------------- 13% Indenture.