Master Lien Instrument definition

Master Lien Instrument in the 1999 Assignment shall hereafter mean "any of the following recorded in the County: (i) the Existing Lien Instruments, as such instruments may be consolidated, spread, amended, modified, extended or restated from time to time, (ii) any of the New Lien Instruments, as they may be consolidated, spread, amended, modified extended or restated from time to time, and (iii) the IDB Lien Instruments as they may be consolidated, spread, amended, modified, extended or restated from time to time." The defined term "Loan Documents" in the 1999 Assignment shall hereafter be deemed to include the Master Loan Agreement between Lender and Borrower of even date herewith. The defined terms "Property" and "Properties" in the 1999 Assignment shall hereafter be deemed to include the Additional Collateral, as described in Section 4 below. The defined terms "Note" or "Notes" in the 1999 Assignment shall hereafter refer to the Notes described above. Section 3.04 of the 1999 Assignment is revised to replace the phrase "at any Park (as such term is defined in the Master Lien Instrument)" in Section 3.04 (a) with the phrase "within any Pool (as defined in the Master Loan Agreement)." Finally, the notice information for Borrower is hereby revised to be "433 Plaza Real, Suite 335, Boca Raton, Florida 33432, with a copy tx X. Xxxxxxxx Xxxxx, Xxx., Xxxxx & Xxxx XXX, 000 Xxxth Biscayne Blvd., Xxxxx 0000, Miami, Florida 33131."
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Master Lien Instrument means and include the Existing Lien Instruments, as such instruments may be consolidated, spread, amended, modified, extended or restated from time to time, and any of the New Lien Instruments, as they may be consolidated, spread, amended, modified extended or restated from time to time, and the IDB Lien Instruments as they may be consolidated, spread, amended, modified, extended or restated from time to time.
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Master Lien Instrument means any of the following recorded in the County: (i) the Existing Lien Instruments, as such instruments may be consolidated, spread, amended, modified, extended or restated from time to time, (ii) any of the New Lien Instruments, including the Seminole County Lien Instrument, as they may be consolidated, spread, amended, modified extended or restated from time to time, and (iii) the IDB Lien Instruments as they may be consolidated, spread, amended, modified, extended or restated from time to time.
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Examples of Master Lien Instrument in a sentence

  • Borrower acknowledges and agrees that the Interest Rate hereunder shall be modified if certain financial statements and other reports are not furnished to Lender, all as described in more detail in the provision of the Master Lien Instrument entitled "Financial Statements".

  • Xxxxxx ------------------------- (corporate seal) Florida Documentary Stamps on this Note in the amount of $38,850.00 have been paid and affixed to the Master Lien Instrument, as amended, securing this Note and cancelled.

  • Notwithstanding the above, in the event the outstanding principal balance is reduced or paid in full with insurance loss proceeds as described in the "Insurance" covenant of the Master Lien Instrument or condemnation award proceeds as described in the "Condemnation" covenant of the Master Lien Instrument, no Prepayment Fee shall be due on the amount of such proceeds applied.

  • The Master Lien Instrument encumbers the Properties set forth in (i) through (iv), above as a Deed of Trust and Security Agreement; and the Properties set forth in (v) through (ix), above as a Mortgage and Security Agreement.

  • The state riders to this Master Lien Instrument attached hereto as Exhibits "B-1" through "B-3" are an integral part hereof and are incorporated herein by this reference.

  • This First Amendment to Master Lien Instrument amends the Master Lien Instrument dated February 15, 1994 and recorded February 18, 1994 in the Fultxx Xxxnty, Georgia Clerk's Office in Book 17822, page 069; recorded February 21, 1994 in the Gwinnett County, Georgia Clerk's Office in Book 10025, page 1 as Document No. 025858; and recorded February 18, 1994 in the Cobb Xxxnty, Georgia Clerk's Office in Book 8042, page 0403.

  • Any principal, interest or other amounts payable under any of the Loan Documents (as defined in the Master Lien Instrument), not paid when due (without regard to any notice and/or cure provisions contained in any of the Loan Documents), including principal becoming due by reason of acceleration by Lender of the entire unpaid balance of this note, shall bear interest from the due date thereof until paid at the Default Rate.

  • Following the Second Partial Prepayment with respect to this note, Lender will release a portion of the security as described in the "Release of Security" provision of the Master Lien Instrument.

  • The laws of the State named in the upper left-hand corner of the cover page of this Master Lien Instrument shall govern and control the interpretation of this Master Lien Instrument and the rights, obligations, duties and liabilities of the parties hereto.

  • Notwithstanding the above and provided Borrower is not in default under any provision contained in the Loan Documents (as defined in the Master Lien Instrument), up to twenty-five percent (25%) of the outstanding principal balance of this note (the "First Partial Prepayment") may be prepaid beginning twenty-four (24) months, but no later than twelve (12) months prior to the Maturity Date, with a Prepayment Fee of Modified Yield Maintenance (as hereinafter defined).


More Definitions of Master Lien Instrument

Master Lien Instrument means that certain Master Lien Instrument of even date herewith, executed in nine (9) counterparts by Borrower and granting a lien on the Properties to Trustee and/or Lender, as the case may be, depending on the jurisdiction in which the Master Lien Instrument is recorded, as such instrument may be amended and restated from time to time.
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Related to Master Lien Instrument

  • Security Instrument means the multifamily mortgage, deed to secure debt or deed of trust effective as of the effective date of this Note, from Borrower to or for the benefit of Lender and securing this Note.

  • 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.

  • Surety Instruments means all letters of credit (including standby and commercial), banker's acceptances, bank guaranties, shipside bonds, surety bonds and similar instruments.

  • Trade Instruments means any performance bonds, advance payment bonds or documentary letters of credit issued in respect of the obligations of any Group Member (which obligations do not constitute Financial Indebtedness) arising in the ordinary course of trading of that Group Member.

  • Senior Loan Documents means the loan agreement between Borrower and Senior Creditor and any other agreement, security agreement, document, promissory note, UCC financing statement, or instrument executed by Borrower in favor of Senior Creditor pursuant to or in connection with the Senior Debt or the loan agreement, as the same may from time to time be amended, modified, supplemented, extended, renewed, restated or replaced.

  • Financing Lease means any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • Second Lien Security Agreement means the “Security Agreement” as defined in the Second Lien Credit Agreement.

  • Closing Instrument means the closing instrument of the Trust, pursuant to which the Indenture is entered into, and certain other documents are executed, in connection with the issuance of the Notes by the Trust.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” under and as defined in the Second Lien Credit Agreement, as each such document may be amended, renewed, restated, supplemented or otherwise modified from time to time.

  • Securities, documents or other written instruments means original (including original counterparts) negotiable or non-negotiable instruments, or assignments thereof, which in and of themselves represent an equitable interest, ownership, or debt and which are in the ordinary course of business transferable by delivery of such instruments with any necessary endorsements or assignments. Definitions(continued)

  • 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.

  • Underlying Instrument means the loan agreement, credit agreement or other customary agreement pursuant to which a Collateral Obligation has been created or issued and each other agreement that governs the terms of or secures the obligations represented by such Collateral Obligation or of which the holders of such Collateral Obligation are the beneficiaries.

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

  • Underlying Instruments The loan agreement, credit agreement, indenture or other agreement pursuant to which a Loan or Permitted Investment has been issued or created and each other agreement that governs the terms of or secures the obligations represented by such Loan or Permitted Investment or of which the holders of such Loan or Permitted Investment are the beneficiaries.

  • Release Instruments is defined in Section 11.12(f).

  • Security Agreement With respect to a Cooperative Loan, the agreement creating a security interest in favor of the originator in the related Cooperative Stock.

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

  • 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.

  • Loan Documents means, collectively, this Agreement, any note or notes executed by Borrower, and any other document, instrument or agreement entered into in connection with this Agreement, all as amended or extended from time to time.

  • Second Lien Security Documents means all “Security Documents” as defined in the Second Lien Credit Agreement, and all other security agreements, mortgages, deeds of trust and other security documents executed and delivered in connection with any Second Lien Credit Agreement, in each case as the same may be amended, supplemented, restated or otherwise modified from time to time.

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • Severed Loan Documents shall have the meaning set forth in Section 8.2(c) hereof.

  • Secured Debt Agreements means and include this Agreement, the other Credit Documents and the Interest Rate Protection Agreements and Other Hedging Agreements.

  • Required Loan Documents means, for each Loan Asset, originals (except as otherwise indicated) of the following documents or instruments, all as specified on the related Loan Asset Checklist:

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.