Mortgage Modification definition

Mortgage Modification means each amendment, amendment and restatement, supplement or modification in respect of each Existing Mortgage reasonably satisfactory to the Administrative Agent delivered pursuant to Section 4.01(b)(iv) or Section 6.15.

Mortgage Modification has the meaning set forth in the definition of Real Property Collateral Requirement.

Mortgage Modification means you change something about your loan to make your payments lower. Example: A lower interest rate will lower your payments. Example: “Extend the term” of the loan. You will pay the loan for a longer time, but it will reduce the amount of your monthly payments.

Examples of Mortgage Modification in a sentence

• The charge for the ALTA Residential Limited Coverage Mortgage Modification Policy shall be $150.00.

• Whenever the ALTA Residential Limited Coverage Mortgage Modification Policy is issued, the Underwriting Charge for this policy shall be based upon the following rates: Policy Liability Underwriting Charge $0 - $1,000,000……………………………..…....................

• The charge for the ALTA Residential Limited Coverage Mortgage Modification Policy shall be $150.

• The Mortgage Modification Mediation Program (“MMM Program”) is available to any chapter 13 debtor seeking to modify a mortgage obligation with respect to his or her principal residence.

• If Mortgage Creditor agrees to participation, Mortgage Creditor will file a Consent to Participation in Mortgage Modification Mediation Program (“Creditor Consent Form”), L.B.F. 9019-3(b) and the court will enter an Order Granting Entry in MMM Program.

More Definitions of Mortgage Modification

Mortgage Modification shall have the meaning provided in Section 6.13.

Mortgage Modification has the meaning given that term in Section 6.1.(a)(xiv).

Mortgage Modification means that certain Mortgage Modification Agreement between MDHC and Bank of even date herewith.

Mortgage Modification means the Mortgage Modification Agreement and Notice of Future Advance dated July , 2021, granted by the Corporation to the Master Trustee, supplementing and amending the Mortgage.

Mortgage Modification means a modification agreement substantially in the form of Exhibit N with respect to each Mortgage in effect on the Fourth Amendment Effective Date, which will be executed by each Credit Party that executed a Mortgage on or prior to the Fourth Amendment Effective Date.

Mortgage Modification means, collectively, the modifications to the Mortgages dated as of the Restatement Effective Date made by the Company in favor of the Administrative Agent and the Lenders.

Mortgage Modification means any amendment to a Mortgage entered into between the Agent Bank as mortgagee and a Borrower as mortgagor.