Leasehold Mortgage definition
Examples of Leasehold Mortgage in a sentence
The exclusionary provisions included in each Mortgage or Leasehold Mortgage in effect as of the Seventh Amendment Effective Date will be included in the case of (a) any amendment, restatement, supplement or modification to a Mortgage or Leasehold Mortgage existing as of the Seventh Amendment Effective Date and (b) any new Mortgage or Leasehold Mortgage entered into after the Seventh Amendment Effective Date.
In the event that the Collateral Agent and the Secured Parties makes such a determination, the Mortgage or Leasehold Mortgage relating to such Material Real Property Asset will contain customary exclusionary provisions with respect to such Building or Manufactured (Mobile) Home satisfactory to the Collateral Agent in its sole discretion.