Mortgage Debt definition

Mortgage Debt means (i) debt secured only by real property at the time of the MSPLF Loan’s origination;2 and (ii) limited recourse equipment financings (including equipment capital or finance leasing and purchase money equipment loans) secured only by the acquired equipment.

Mortgage Debt means the total amount outstanding in respect of -

Mortgage Debt means the “Debt” as defined in the Mortgage Loan Agreement.

Examples of Mortgage Debt in a sentence

• See questions H.3 andH.7 below for further information on the debt repayment restrictions.C.5. What does it mean for an MSPLF Loan to be “senior to or pari passu with, in terms of priority and security, the Eligible Borrower’s other loans or debt instruments, other than mortgage debt”?‌MSPLF Loans must be senior to or pari passu with, in terms of priority and security, the Eligible Borrower’s other Loans or Debt Instruments, other than Mortgage Debt (the MSPLF Priority and Security Requirement).

• The MSPLF Loan need not share in all of the collateral that secures the Eligible Borrower’s other Loans or Debt Instruments.• Unsecured Loans: The MSPLF Loan can be unsecured only if the Eligible Borrower does not have, as of the date of origination, any secured Loans or Debt Instruments (other than Mortgage Debt).

• Non & Taxes & Operating Mortgage Debt To & & Operating Net # Name Maint Insur.

• Any such amounts on deposit in the Borrower Deposit Account shall be applied on each Payment Date (i) to the Mortgage Debt Service due on each such Payment Date and (ii) the Mezzanine Debt Service due on each such Payment Date (with the balance of any such amounts, if any, being disbursed to or as directed by Mortgage Borrower).

• See Office of Federal Housing Enterprise Oversight, Enterprise Share of Residential Mortgage Debt Outstanding: 1990B2007, http://www.ofheo.gov/media/marketdata/ESRMDOutstandi ng19902007.xls (last visited July 28, 2008) (showing outstanding mortgage debt through 2007 with figures updated through Mar.

More Definitions of Mortgage Debt

Mortgage Debt means Debt of the Company or any Subsidiary secured by a Lien on one or more parcels of their real property.

Mortgage Debt means the sum of (x) the aggregate outstanding principal balance of all loans secured by one or more mortgages then encumbering the Mortgaged Property in question (including the related Co-op Mortgage Loan and any then existing subordinate mortgage loans) and (y) the principal amount of the proposed new subordinate mortgage loan; "New Loan-to-Value Ratio" shall mean, as of any date for any Co-op Mortgage Loan, the fraction, expressed as a percentage, the numerator of which is the Mortgage Debt for the related Mortgaged Property on such date, and the denominator of which is the Appraised Value of the related Mortgaged Property; and "Appraised Value" shall be based on an MAI appraisal of the applicable Mortgaged Property made, in conformance with NCB, FSB's customary underwriting requirements, not more than one year prior to the origination date of the related Co-op Mortgage Loan and reviewed by the NCB Master Servicer.

Mortgage Debt means (1) debt secured by real property at the time of origination of the MSPLF loan or the MSELF loan’s upsized tranche, as applicable, and (2) limited recourse equipment financings (including equipment capital or finance leasing and purchase money equipment loans) secured only by the acquired equipment. “Loans or Debt Instruments” is defined as debt for borrowed money and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments, and all guarantees of this debt.

Mortgage Debt means debt secured by real property at the time of the MSPLF Loan’s origination.

Mortgage Debt means debt secured by real property at the time of the MSELF Upsized Tranche’s origination.

Mortgage Debt of any Person means at any date the aggregate principal amount of all Debt of such Person secured by a Lien on any real property owned or leased by it.

Mortgage Debt means all Indebtedness for Money Borrowed which is ------------- secured by a Mortgage.