Mortgage Lien definition
Mortgage Lien means any Lien that encumbers a real property owned by a Person other than Permitted Specified Liens.
Mortgage Lien means a security interest in a timeshare estate created by a mortgage encumbering the timeshare estate.
Mortgage Lien shall not include any lien securing Intercompany Indebtedness, and (2) for the avoidance of doubt, the value of any asset or property subject to Liens on assets of the Parent Guarantor, the Borrower or any of their respective Subsidiaries securing obligations under Swap Contracts shall not be included in the calculation of Unencumbered Asset Value.
Examples of Mortgage Lien in a sentence
Lessee shall have the right to place a First Mortgage Lien upon its hangar only, but not to include the leasehold interest in the ground beneath the hangar.
More Definitions of Mortgage Lien
Mortgage Lien means a security interest in a timeshare interest created by a mortgage encumbering the timeshare interest.
Mortgage Lien shall (for all purposes hereof, including for purposes of the definition of “Enforcement Completion Date”, “Non-Integration Event” and “Portfolio Loan”) mean any mortgage lien that was granted by the Landlords under the pertinent Leases to the Designated Portfolio Lender, as security for its Portfolio Loan, with the intent that, at the time of such grant, such mortgage lien be the most senior mortgage lien (as amongst mortgage liens) affecting the pertinent Lease Properties (it being acknowledged that any other mortgage lien that is “insured over” or not excepted from coverage under the lender’s title insurance policy or marked commitment relating to such loan shall not be deemed to be senior to the lender’s mortgage lien for purposes of this definition); provided, further, that, for purposes of this definition, a mortgage lien shall be deemed “granted” (for all purposes) if at the time it is purportedly granted, the lender is insured with respect under the lender’s title insurance policy.
Mortgage Lien has the meaning set forth in Section 8.3(b).
Mortgage Lien means any mortgage (or deed of trust) Lien with respect to Real ------------- Estate.
Mortgage Lien means a lien on or security interest in real property or personal property, financed or refinanced, in whole or in part, with the proceeds of obligations;
Mortgage Lien means a security interest in any personal
Mortgage Lien the Lien in favor of Mortgagee represented by this Mortgage.