Mortgage Borrower SPE Component Entity definition

Mortgage Borrower SPE Component Entity means any SPE Component Entity of any Mortgage Borrower.
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Mortgage Borrower SPE Component Entity means the SPE Component Entity (as defined in the Mortgage Loan Agreement). “Mortgage Debt” means the Debt (as defined under the Mortgage Loan Agreement). “Mortgage Deficiency Provisions” has the meaning set forth in Section 2.1.12(f). “Mortgage Funding Share” means 64.71%. “Mortgage Lender” has the meaning set forth in the Recitals hereto. “Mortgage Loan” means that certain loan in the original principal amount of $55,000,000 made of even date herewith by Mortgage Lender to Mortgage Borrower. “Mortgage Loan Accounts” means the “Accounts” as defined in the Mortgage Loan Agreement. “Mortgage Loan Agreement” has the meaning set forth in the Recitals hereto. “Mortgage Loan Additional Advance” means “Additional Advance” as defined in the Mortgage Loan Agreement. “Mortgage Loan Amount” has the meaning set forth in the Recitals hereto. “Mortgage Loan Cash Management Account” means the “Cash Management Account” under and as defined in the Mortgage Loan Agreement. “Mortgage Loan Cash Management Bank” means the “Cash Management Bank” under and as defined in the Mortgage Loan Agreement. “Mortgage Loan Clearing Bank” means the “Clearing Bank” under and as defined in the Mortgage Loan Agreement.
Sample 1

Examples of Mortgage Borrower SPE Component Entity in a sentence

  • Borrower represents and warrants that the chart attached hereto as Exhibit A sets forth an accurate listing of the direct and indirect owners of the equity interests in Borrower, Mezzanine A Borrower, Mortgage Borrower, Additional Pledgor, Mezzanine A Additional Pledgor, HHSD, Operating 00000000.0.XXXXXXXX Lessee, each Mortgage Borrower SPE Component Entity and SPE Component Entity (if any) and each Guarantor (when not an individual).

  • Borrower has disclosed to Lender all material facts that could cause any information provided to Lender or any representation or warranty made in any of the Loan Documents concerning Borrower, any SPE Component Entity, Mortgage Borrower, any Mortgage Borrower SPE Component Entity, Guarantor, Manager, the Collateral or the Property, to be materially misleading.

  • Without limiting the foregoing, Borrower and Additional Pledgor each have sufficient control over Mortgage Borrower, Mortgage Borrower SPE Component Entity and HHSD, as applicable, to cause Mortgage Borrower, Mortgage Borrower SPE Component Entity or HHSD, as applicable, to (i) take any action on Mortgage Borrower’s, Mortgage Borrower SPE Component Entity’s or HHSD’s, as applicable, part required by the Loan Documents and (ii) refrain from taking any action prohibited by the Loan Documents.

  • Borrower shall not (and shall not cause or permit Mortgage Borrower to) (directly or indirectly) create, incur, assume, or allow to exist any Indebtedness with respect to Borrower, Mortgage Borrower, SPE Component Entity or Mortgage Borrower SPE Component Entity, other than Permitted Indebtedness.

  • Each of Borrower, SPE Component Entity (if any), Mortgage Borrower and Mortgage Borrower SPE Component Entity is (and has been, at all times since their formation) a Special Purpose Entity.

  • Borrower represents and warrants that the chart attached hereto as Exhibit A sets forth an accurate listing of the direct and indirect owners of the equity interests in Borrower, Mortgage Borrower, Additional Pledgor, HHSD, Operating Lessee, each Mortgage Borrower SPE Component Entity and SPE Component Entity (if any) and each Guarantor (when not an individual).

  • Borrower represents and warrants that the chart attached hereto as Exhibit A sets forth an accurate listing of the direct and indirect owners of the equity interests in Borrower, Mezzanine A Borrower, Mezzanine B Borrower, Mortgage Borrower, Additional Pledgor, Mezzanine A Additional Pledgor, Mezzanine B Additional Pledgor, HHSD, Operating Lessee, each Mortgage Borrower SPE Component Entity, SPE Component Entity (if any) and each Guarantor (when not an individual).

  • Borrower and Additional Pledgor have the power and authority and the requisite ownership interests to control the actions of Mortgage Borrower, Mortgage Borrower SPE Component Entity and HHSD, respectively, and upon the realization of the Collateral under the Pledge Agreement, Lender or any other party succeeding to Borrower’s or Additional Pledgor’s interest in the Collateral described in the Pledge Agreement will have such control.

Related to Mortgage Borrower SPE Component Entity

  • SPE Component Entity shall have the meaning set forth in Section 5.1 hereof.

  • Mortgage Borrower shall have the meaning set forth in the Recitals to this Agreement.

  • Mezzanine Borrower shall have the meaning set forth in Section 11.6 hereof.

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • SPE means any bankruptcy-remote, special-purpose entity created in connection with the financing of settlement float with respect to customer funds or otherwise.

  • Mortgage Loan Borrower Related Party shall have the meaning assigned to such term in Section 13.

  • Borrowing Base Property means Eligible Property and/or Commercial Land that the Administrative Agent has agreed to include in calculations of the Borrowing Base pursuant to Section 4.1. A Property shall be excluded from the determination of the Borrowing Base if at any time such Property shall cease to be an Eligible Property.

  • Borrower LLC Agreement means the Amended and Restated Limited Liability Company Agreement No. 4 (as amended in accordance with the terms of this Agreement and as may be further amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof) of the Borrower, made and entered into as of June 30, 2012, by and among Intermediate Holdings, the Borrower and Specialty Towers Management, LLC.

  • Borrowing Base Properties means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.

  • Collateral Pool means all of the Collateral.

  • Borrower Party means the Mortgage Loan Borrower, a manager of the Mortgaged Property, an Accelerated Mezzanine Loan Lender or any Borrower Party Affiliate.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Sub-Lessee means a lease/license by a Lessee of part or all of leased space to another person.

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon

  • Borrower Principal means any of the following:

  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Mezzanine Loans means, collectively, the First Mezzanine Loan, the Second Mezzanine Loan, the Third Mezzanine Loan, the Fourth Mezzanine Loan, the Fifth Mezzanine Loan, the Sixth Mezzanine Loan, the Seventh Mezzanine Loan, the Eighth Mezzanine Loan, the Ninth Mezzanine Loan and any New Mezzanine Loan.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • Mezzanine Loan means a mezzanine loan secured by equity interests in the Mortgage Loan Borrower.