Mortgage Facilities definition

Mortgage Facilities means one or more debt facilities with banks, manufacturers and/or other entities providing for borrowings by the Borrower or a Subsidiary secured primarily by real estate, in each case as such facilities are amended, modified or supplemented from time to time.
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Mortgage Facilities means one or more debt facilities in each case with banks, manufacturers and/or other entities providing for borrowings secured primarily by real property in each case as amended, restated, modified, renewed, refunded, replaced or refinanced in whole or in part from time to time; provided, that the value of the security securing such debt facilities shall not, at the time such debt facilities are entered into, exceed 100% of the aggregate principal amount of the Indebtedness in respect of such debt facilities.
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Mortgage Facilities means one or more or more credit facilities or other loans, Finance Leases or other financing arrangements providing for financing for the acquisition or construction of real property, fixtures and improvements thereon, in each case that are used in the business of the Company and its Restricted Subsidiaries and which are secured primarily by Liens on such real property, fixtures or improvements and related assets including insurance payments, leases or rents with respect thereto or proceeds of the foregoing, in each case as amended, restated, modified, supplemented, extended, renewed, refunded, replaced or refinanced in whole or in part from time to time.
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Examples of Mortgage Facilities in a sentence

  • To Borrowers' knowledge, and based solely on surveys and surveyors' ------------- certificates, the Mortgage Facilities do not lie in a 100 year flood plain that has been identified by the Secretary of Housing and Urban Development or any other governmental authority.

  • The following table provides instructions on how and when to change existing applications.

  • The Special Mortgage Facilities The fourth component of the Housing Revolution involved disbursement of $7.0 million and $5.0 million to the Government Housing Loans Board and the AID Bank respectively for financing of home construction by lower income earners within the public and private sectors.

  • The Special Mortgage Facilities The fourth component of the housing revolution involved disbursement of $7.0 million and $5.0 million to the Government Housing Loans Board and the AID Bank respectively, for financing of home construction by lower income earners within the public and private sectors.

  • Mortgage Facilities We are party to several mortgages that bear interest at defined rates and require monthly principal and interest payments.

  • A well functioning Municipal Development Fund (MDF) could also build up the specialized expertise to do so and hence increase the flow of funds it can invest in infrastructure.1 Secondary Mortgage Facilities (SMF) were first developed in the US where mortgages themselves were actually being sold in a secondary market after origination in the primary market.

  • To Borrowers' best knowledge, the Mortgage Facilities are structurally ----------- sound and Borrowers have not received written notice from any governmental authority with respect to the non-compliance of any of the Mortgage Facilities with any applicable zoning, environmental protection or control codes and fire, electrical and building codes, rules and regulations, where such failure to so comply could be reasonably expected to have a Material Adverse Effect.

  • H.J. Xxxxxx Xx., Inc., as borrower, and American Income Life Insurance Company, as lender relating to Store 468; Outstanding amount as of 11/22/98 for the consolidated Mortgage Facilities: $21,386,000.

  • These institutions, referred to as Liquidity, Rediscounting or Secondary Mortgage Facilities, are typically government owned or supported.

Related to Mortgage Facilities

  • Idle facilities means completely unused facilities that are excess to the governmental unit's current needs.

  • Related facilities means any manager's units and any and all common area spaces that are included within the physical boundaries of the housing development, including, but not limited to, common area space, walkways, balconies, patios, clubhouse space, meeting rooms, laundry facilities, and parking areas that are exclusively available to residential users, except any portions of the overall development that are specifically commercial space.

  • Railroad facilities means right of way and related

  • Triage facility means a short-term facility or a portion

  • Public facilities means amenities that are—

  • Existing Facilities means all existing buildings and other facilities, the sites for the buildings or facilities, and furnishings or equipment for the buildings or facilities located on real property acquired by the building authority under the terms of this act.

  • Securitization Facility means any of one or more securitization, financing, factoring or sales transactions, as amended, supplemented, modified, extended, renewed, restated or refunded from time to time, pursuant to which the Company or any of the Restricted Subsidiaries sells, transfers, pledges or otherwise conveys any Securitization Assets (whether now existing or arising in the future) to a Securitization Subsidiary or any other Person.

  • Generating Facilities means Interconnection Customer’s device for the production and/or storage for later injection of electricity identified in the Interconnection Request, but shall not include the Interconnection Customer’s Interconnection Facilities.

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Project Facilities means all the amenities and facilities situated on the Site, as described in Schedule-C;

  • Wastewater Facilities means the structures, equipment, and processes required to collect, carry away, and treat domestic and industrial wastes and dispose of the effluent.

  • Public facility means 1 or more of the following:

  • Bank Facilities means any overdraft limits or credit facility available to you and their associated terms;

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Off-site facility means a structural BMP located outside the subject property boundary described in the permit application for land development activity.

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Generating Facility means the Generating Unit(s) comprising Seller’s power plant, as more particularly described in Section 1.02 and Exhibit B, including all other materials, equipment, systems, structures, features and improvements necessary to produce electric energy and thermal energy, excluding the Site, land rights and interests in land.

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • Generation Interconnection Facilities Study means a Facilities Study related to a Generation Interconnection Request.

  • Production Facilities (7 9) means "production equipment" and specially designed software therefor integrated into installations for "development" or for one or more phases of "production".

  • Underground facility means any item which shall be buried or placed below ground for use in connection with the storage or conveyance of water, sewage, electronic, telephone or telegraphic communications, electric energy, oil, gas or other substances, and shall include, but not be limited to pipes, sewers, conduits, cables, valves, lines, wires, manholes, attachments and those portions of poles and their attachments below ground.

  • New Facilities means facilities for which, by the cut-off date, neither of the following events has occurred:

  • Future Facilities Costs means the CFD Public Facilities minus (i) public facility costs previously paid from the Construction Fund, (ii) moneys currently on deposit in the Construction Fund, and (iii) moneys currently on deposit in an escrow fund that are expected to be available to finance facilities costs.

  • Facility Site means the site described in Schedule B. “FERC” means the Federal Energy Regulatory Commission.

  • Storage Facility means a facility used for the stocking of natural gas and owned and/or operated by a natural gas undertaking, including the part of LNG facilities used for storage but excluding the portion used for production operations, and excluding facilities reserved exclusively for transmission system operators in carrying out their functions;