Guarantor Mortgages definition

Guarantor Mortgages means one or more of those security instruments, in form and content approved by Administrative Agent, executed by each of Guarantors in favor of Administrative Agent, for the benefit of Administrative Agent and Lenders, pursuant to which such Guarantor has granted, on a first priority basis, a Lien on substantially all of its now owned or hereafter acquired real property, as amended, modified, supplemented, extended or restated from time to time.
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Guarantor Mortgages means, collectively, each Guarantor ------------------- Mortgage executed by a Subsidiary Guarantor for the benefit of the Agent, substantially in the form of EXHIBIT J. --------- "Guarantors" means, collectively, the Parent Guarantor and ---------- the Subsidiary Guarantors.
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Guarantor Mortgages means continuing collateral mortgages in form and content acceptable to the Bank pursuant to which Pax and South Carolina shall grant the Bank a mortgage of first priority in the Guarantor Premises.
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Examples of Guarantor Mortgages in a sentence

  • Within the same trade month that Seller enters into a forward trade to sell a Junior Guarantor PC to SS&TG, Seller shall contact ▇▇▇▇▇▇▇ Mac’s Commitment Services Department (703-761-7170) to enter into a binding commitment to sell eligible Junior Guarantor Mortgages to ▇▇▇▇▇▇▇ Mac in exchange for the Junior Guarantor PCs that will be sold to SS&TG.

  • Provided that Seller elects the Accelerated Remittance Cycle in connection with its sale of eligible Junior Guarantor Mortgages to ▇▇▇▇▇▇▇ Mac, the guarantee fee shall be 0.00 basis points for each Junior Guarantor Mortgage sold to ▇▇▇▇▇▇▇ Mac in exchange for a Junior Guarantor PC.

  • Seller may sell eligible Junior Guarantor Mortgages in exchange for Junior Guarantor PCs in accordance with the terms of this Attachment.

  • When delivering Junior Guarantor Mortgages to ▇▇▇▇▇▇▇ Mac, Seller shall use the product/program codes specified in the Exhibit to this Attachment titled “OFFER PRODUCT/PROGRAM CODES EXHIBIT”.

  • Junior Guarantor Mortgages are Mortgages permitted to be sold to ▇▇▇▇▇▇▇ Mac in exchange for Junior Guarantor PCs described in the Exhibit to this Attachment titled “ELIGIBLE JUNIOR GUARANTOR PRODUCTS”.

  • Junior Guarantor PCs are ▇▇▇▇▇▇▇ Mac PCs backed by pools of Junior Guarantor Mortgages with the characteristics described in this Attachment.

  • Eligible Junior Guarantor Mortgages that are adjustable rate mortgages are referred to as “Junior Guarantor ARMs”.

  • The terms and conditions specified in the Guide governing the sale of Mortgages to ▇▇▇▇▇▇▇ Mac in exchange for PCs will apply to Junior Guarantor Mortgages, except as modified by this Agreement.

  • Yes, 100% mortgages are available, but only a handful of lenders offer them and you’ll need a guarantor to back you up (these are known as Guarantor Mortgages).

Related to Guarantor Mortgages

  • Existing Mortgages means each of the mortgages, deeds of trust or other agreements made pursuant to the Existing Credit Agreement by any Loan Party in favor of the Agent for the benefit of the Agent and the Lenders.

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • Mortgages means, individually and collectively, one or more mortgages, deeds of trust, or deeds to secure debt, executed and delivered by Borrower or its Subsidiaries in favor of Agent, in form and substance reasonably satisfactory to Agent, that encumber the Real Property Collateral.

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any mortgage, deed of trust, security agreement, pledge agreement, assignment or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.