Mortgage Loan Receivable definition

Mortgage Loan Receivable means any loan or other note receivable owned by or held by any of the Consolidated Parties, in each case, secured by a mortgage or deed of trust on Property.
Mortgage Loan Receivable means any term loan made by Company to a borrower in connection with a Real Estate Mortgage Loan, in each case as amended, modified or supplemented from time to time, and all rights of every nature of Company and all obligations of the Mortgagor thereunder.
Mortgage Loan Receivable means the right to all repayments and other payments in respect of any and all

Examples of Mortgage Loan Receivable in a sentence

  • Mortgage Loan Receivable On September 20, 1993, the Company purchased a 30% participation in a promissory note from Life Investors Insurance Company of America ("Life Investors"), an affiliate of AEGON Realty Advisors.

  • Should any of the NHG Mortgage Loans and the NHG Mortgage Loan Receivables not or no longer comply with this representation at the time at which the Seller has assessed with respect to any of the NHG Mortgage Loan Receivables whether the relevant NHG Mortgage Loan Receivable complies with such representation, the Seller will be required to repurchase the relevant Mortgage Receivables (see section 7.1 (Purchase, Repurchase and Sale).


More Definitions of Mortgage Loan Receivable

Mortgage Loan Receivable means the right to all repayments and other payments in respect of any and all advances extended from time to time before, on or after this Agreement by Borrower, Servicer or Seller under a Mortgage Note that are owing to Borrower (or owing to Borrower and owing to a participant (or participants) under a Participation Agreement whose interests in such right to repayment are pari passu with, or subordinated to, Borrower’s interests therein; provided, that Borrower and Servicer have exclusive control over the enforcement and/or waiver of the Mortgage Loan Receivable and any rights under or terms of the related Contract and any related agreements, documents or instruments, subject to Participant Voting Rights) by the related Obligor, all other rights against such Obligor under such Mortgage Note (including, without limitation, all rights with respect to the payment of principal, interest, fees, prepayment fees, default interest and other amounts under such Mortgage Note) and all rights of a secured party (as such term is defined in the UCC) with respect to the unpaid balance of any amounts payable under such Mortgage Note, including, without limitation all proceeds of the foregoing and all enforcement rights in respect thereof.

Related to Mortgage Loan Receivable