Initial Mortgages definition

Initial Mortgages has the meaning assigned to such term in Section 4.01(a)(v).
Initial Mortgages means the four individual Mortgage Loans incurred by the Initial Property Owners to acquire the Initial Properties;
Initial Mortgages means the mortgage with respect to the Janesville, WI Parcel and the mortgage with respect to the Glencoe, MN Parcel.

Examples of Initial Mortgages in a sentence

  • Concurrently with the execution and delivery of this Agreement on the Restatement Date, Parent will grant the Lender the Initial Mortgages with respect to the Janesville, WI Parcel and the Glencoe, MN Parcel.

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  • Limit of detection (LOD) is identified as the intersection point between curve and horizontal threshold of SNR=3.28 in line with Rayleigh’s criterion.

  • Upon a Default under Section 39, if the Escrow Mortgages have not yet been recorded, Lenders may record the Escrow Mortgages, and obtain a mortgagee's title insurance policy on the Initial Mortgages and the Escrow Mortgages.

  • There were two mortgages: a first mortgage (the “Accredited Mortgage”) securing a debt in the approximate amount of$136,000.00; and a second mortgage (the “Specialized Mortgage,” collectively with the Accredited Mortgage, the “Initial Mortgages”) to secure a debt in the approximate amount of $34,000.00.8 The Debtors were not represented by counsel in respect of the Initial Mortgages and, in fact, the closing was conducted in the Debtors’ home by a paralegal (presumably provided by the lender).


More Definitions of Initial Mortgages

Initial Mortgages shall have the meaning assigned to such term in Section 6.01.
Initial Mortgages collectively, the first and second Mortgages executed by each of the Initial Borrowers, each Initial Borrower having executed a first and second Mortgage encumbering the Initial Property owned by such Initial Borrower.
Initial Mortgages means deeds of trust and/or mortgages on the 25 Properties. To the extent that one or more properties that are included in the 25 Properties are subject to a First Union Mortgage, such First Union Mortgage shall be amended and restated on the Closing Date.
Initial Mortgages has the meaning specified in Section 3.1(j)(i).
Initial Mortgages means those certain Mortgages to be executed and delivered pursuant to the Post Closing Requirements, by Borrower to Administrative Agent, for its benefit and the benefit of Lenders, each in form and substance reasonably satisfactory to Administrative Agent and its counsel (including local counsel).
Initial Mortgages means the mortgages and deeds of trust in favor of the Administrative Agent encumbering the Initial Mortgaged Real Estate.
Initial Mortgages has the meaning specified in Section 5.1(i).