Initial Mortgaged Property definition

Initial Mortgaged Property shall have the meaning given such term in Section 4.01(c).

Initial Mortgaged Property shall have the meaning set forth in Section 7.08(b).

Initial Mortgaged Property means each of the Diablo Site, the Gateway Site and the Vista Site.

Examples of Initial Mortgaged Property in a sentence

• The Administrative Agent shall have received a Flood Hazard Determination with respect to each Initial Mortgaged Property together with, if any such Mortgaged Property is a Flood Hazard Property, the other Flood Insurance Documents for such Mortgaged Property.

• Borrower shall pay to Lender non-refundable due diligence fees (“Initial Due Diligence Fees”) with respect to each Initial Mortgaged Property in an amount equal to $5,000 per Initial Mortgaged Property.

• On the Initial Closing Date, Lender shall determine (i) the Allocable Facility Amount and Valuation for each Initial Mortgaged Property, (ii) the Aggregate Debt Service Coverage Ratio and the Aggregate Loan to Value Ratio, and (iii) the Advance Amount.

• Borrower shall pay to Lender non-refundable due diligence fees (“Initial Due Diligence Fees”) with respect to each Initial Mortgaged Property in an amount equal to $4,000 per Initial Mortgaged Property.

• Borrower shall also deposit with Lender an amount equal to $10,000 for each Initial Mortgaged Property (“Initial Due Diligence Deposit”) to be used for the payment of third party costs and out-of-pocket fees and expenses incurred by Lender.

More Definitions of Initial Mortgaged Property

Initial Mortgaged Property means the Site.

Initial Mortgaged Property means the Mortgaged Properties charged by the Chargor in favour of the Borrower Security Trustee on or about the Closing Date and listed in Schedule 8 (Initial Mortgaged Properties) to the Issuer/Borrower Facility Agreement;

Initial Mortgaged Property means those properties owned in fee by the Issuer or Guarantors and commonly known as 2970/3000 Corvin Drive, Santa Clara, California 95051; 50 NE 9th Street, Miami, Florida 33132; and 14490 Rabbit Run, Culpeper, Virginia 22701.

Initial Mortgaged Property means each Real Property identified as an Initial Mortgaged Property on Schedule 5.12.

Initial Mortgaged Property as defined in Section 3.4(b).

Initial Mortgaged Property means the owned real property listed on Schedule 1.01B.

Initial Mortgaged Property means a Real Property Asset indicated -------------------------- as being part of the Collateral on Schedule 4.19(a). ----------------