Intercompany Mortgage definition

Intercompany Mortgage means each mortgage, deed of trust or other real estate security document, in form and substance reasonably satisfactory to the Administrative Agent, executed and delivered by an Intercompany Loan Party in favor of any Intercompany Lender.
Sample 1
Intercompany Mortgage means each mortgage, deed of trust, deed to secure debt, deed of hypothecation, debenture, charge, assignment of leases, security agreement, fixture filing or other instrument creating and evidencing a Lien on an Intercompany Mortgaged Property, which shall be in form and substance reasonably satisfactory to the Agents and the Required Lenders, containing such schedules and including such provisions as shall be necessary to conform such document to applicable foreign or local law or as shall be required under foreign or local law and which shall be dated as of the date of delivery thereof and made by the owner of the Intercompany Mortgaged Property described therein for the benefit of the lender under the applicable Intercompany Loan, as mortgagee (grantee or beneficiary), assignee and secured party, as the same may at any time be amended, modified or supplemented in ac- cordance with the terms thereof and hereof.
Sample 1
Intercompany Mortgage means the first Mortgage and Deed of Trust, dated as of August 1, 1960, between Seagull (as successor in interest to Alaska Public Service Corporation) and the Company, as heretofore supplemented, amended and restated by a Supplemental Mortgage dated as of September 9, 1960, a Second Supplemental Mortgage dated as of May 1, 1961, a Third Supplemental Mortgage dated as of December 15, 1969, a Fourth Supplemental Mortgage dated as of February 18, 1972, a Fifth Supplemental Mortgage dated as of November 15, 1975, a Sixth Supplemental Mortgage dated as of December 30, 1977, a Seventh Supplemental Mortgage dated as of January 1, 1984, an Eight Supplemental Mortgage dated as of June 17, 1985 and a Ninth Supplemental Mortgage dated as of June 1, 1991 and as hereafter further supplemented and amended in accordance with this Agreement.
Sample 1

Examples of Intercompany Mortgage in a sentence

  • The first mortgage loans were not owned on January 1, 2006, the assumed date of disposition.

  • Seagull will pay or cause to be paid all taxes (including interest and penalties) at any time payable in connection with the filing and recording of the Intercompany Mortgage and any and all supplements and amendments thereto.

  • End Junior Leasehold Mortgage, Security Agreement, Financing Statement and Assignment of Rents and Leases ("FCCAC Intercompany Mortgage") relating to FCCAC's leased real property located in Conshohocken, Pennsylvania.

  • Notwithstanding anything to the contrary contained in the Credit Agreement, the Lenders hereby consent to and waive the restrictions contained in clause (ii)(x) of Section 9.12 of the Credit Agreement with respect to the assumption by ITT of all or any portion of the Corporation's obligations under the Intercompany Mortgage Note; provided such assumption shall be made subject to the subordination provisions applicable to the Intercompany Mortgage Note.

  • The transfer and assumption of the obligations under the Intercompany Mortgage Note from the Corporation to ITT for book and tax purposes shall constitute a dividend by ITT to the Corporation and the Lenders confirm that such dividend shall not violate the provisions of Section 9.03 of the Credit Agreement.

  • The Administrative Agent shall have received --------- insurance certificates satisfying the requirements of the Security Agreements, the Mortgages and the Intercompany Mortgage.


More Definitions of Intercompany Mortgage

Intercompany Mortgage the intercompany Mortgage made by the Borrower in favor of XxxXxxxXxxxxx.xxx, substantially in the form of Exhibit ------- E-7. ---
Sample 1

Related to Intercompany Mortgage

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Mortgage Instruments means such title reports, title insurance, opinions of counsel, surveys, appraisals and environmental reports as are requested by, and in form and substance reasonably acceptable to, the Administrative Agent from time to time.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Pledge Instruments With respect to each Cooperative Loan, the Stock Power, the Assignment of Proprietary Lease and the Security Agreement.

  • 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.

  • Intercompany Notes means, with respect to each Pledgor, all intercompany notes described in Schedule 11 to the Perfection Certificate and intercompany notes hereafter acquired by such Pledgor and all certificates, instruments or agreements evidencing such intercompany notes, and all assignments, amendments, restatements, supplements, extensions, renewals, replacements or modifications thereof to the extent permitted pursuant to the terms hereof.

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Purchase Money Mortgage means a mortgage secured by a first lien or junior lien taken or retained by the seller of real property to secure all or part of the purchase price of the property.

  • Mortgage Instrument means any mortgage, deed of trust or deed to secure debt executed by a Credit Party in favor of the Administrative Agent, for the benefit of the Secured Parties, as the same may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Intercompany Subordination Agreement means an intercompany subordination agreement, dated as of even date with this Agreement, executed and delivered by each Loan Party and each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Deeds of Trust means, collectively, (i) the Deeds of Trust, Assignments, Security Agreements and Financing Statements, (ii) the Mortgages, Assignments, Security Agreements and Financing Statements, and (iii) the Deeds to Secure Debt, Assignments, Security Agreements and Financing Statements from the Borrowers, constituting Liens on the Mortgaged Sites as Collateral for the Loan as the same have been, or may be, assigned, modified or amended from time to time.

  • UCC Financing Statements means any financing statements required or permitted to be filed in accordance with the UCC.

  • Ship Mortgage shall have the meaning set forth for such term in the Intercreditor Agreement. Notice of Assignment ASSIGNMENT OF INSURANCE BY INTERNAL CHARTERERS Vantage Drilling Netherlands BV NOTICE OF ASSIGNMENT To Whom It May Concern: Vantage Drilling (Malaysia) I SDN, a private company limited by shares duly incorporated with limited liability under the laws of Malaysia (the “Assignor”), HEREBY GIVES NOTICE that by an Assignment, dated October 25, 2012, and made by the Assignor to Xxxxx Fargo Bank, National Association (the “Assignee”), as Pari Passu Collateral Agent (as defined under the Intercreditor Agreement defined below), the Assignor assigned to the Assignee all of the Assignor’s right, title and interest in and to all insurances and the benefit of all insurances heretofore, now or hereafter taken out in respect of the Panamanian flag vessels AQUAMARINE DRILLER and TOPAZ DRILLER and all proceeds thereof. This Notice and the attached Loss Payable Clauses are to be endorsed on all policies and certificates of entry evidencing such insurances.

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • Facility Mortgage As defined in Section 13.1.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • Security Instruments means, collectively, (a) the Mortgages, (b) the Transfer Letters, (c) the Pledge Agreements, (d) the Security Agreements, (e) each other agreement, instrument or document executed at any time in connection with the Pledge Agreements, the Security Agreements, or the Mortgages, (f) each agreement, instrument or document executed in connection with the Cash Collateral Account; and (g) each other agreement, instrument or document executed at any time in connection with securing the Obligations.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.