Mortgage Properties definition

Mortgage Properties means the Oil and Gas Properties described in one or more duly executed, delivered and filed Mortgages evidencing a first and prior Lender Lien in favor of Administrative Agent for the benefit of the Secured Parties and subject only to the Permitted Liens.

Mortgage Properties means, collectively, the properties identified in Exhibit D-1 to the 1994 Credit Agreement, the NEN Mortgage Properties, the New Britain Mortgage Properties and any additional real property Acquired by any Obligor after the Amendment No. 2 Effective Date if such real property is financed in whole or in part with the proceeds of PAD Loans hereunder or Permitted Additional Debt incurred as permitted by Section 8.07(e) hereof, PROVIDED that from and after the date of the Disposition of any of the foregoing properties, there shall be excluded from Mortgage Properties the properties so Disposed of.

Mortgage Properties has the meaning specified in Section 6.14(b)(ii).

Examples of Mortgage Properties in a sentence

• Notwithstanding the foregoing, Borrower shall cause the forms of Collateral Mortgage set forth on Exhibit G to be executed and delivered to each Lender encumbering eight (8) Collateral Mortgage Properties.

• As of the Effective Date, all notes and any obligations of the Debtors under the Mortgage Facility or the Mezzanine Facilities shall be discharged and be of no further force or effect against the Debtors or the Mortgage Properties, and the holders thereof shall have no rights against the Debtors or the Mortgage Properties, except the right to receive the Distributions provided herein.

• The Master Servicer shall, in accordance with each Servicing Agreement, oversee matters relating to the servicing of defaulted Mortgage Loans, including approving certain Mortgage Loan modifications, reviewing environmental reports related to foreclosed Mortgage Properties to determine whether to proceed with a foreclosure, approving certain actions relating to the management of REO Property and approving the release of the original borrower of a Mortgage Loan in connection with Mortgage Loan assumptions.

• Lender shall, at Borrower's request and expense, execute and deliver releases, reconveyances and security interest terminations with respect to the released Mortgage Properties and all other collateral held by Lender (except the Defeasance Deposit).

• The Agent shall not be liable or responsible for any loss or diminution in the value of any of the Collateral or Mortgage Properties, by reason of the act or omission of any carrier, forwarding agency or other agent or bailee selected by the Agent in good faith.

More Definitions of Mortgage Properties

Mortgage Properties means the Immovable Property and the Movable Property of the Company, which is being mortgaged in terms of this Deed;

Mortgage Properties has the meaning set forth in Section 5.1(e). ------------------- "Multiemployer Plan" means a Plan covered by Title IV of ERISA which ------------------ is a multiemployer plan as defined in Section 3(37) or 4001(a)(3) of ERISA.

Mortgage Properties means the fee owned real properties and the leasehold interests listed on Schedule 6.18 hereto.

Mortgage Properties means the properties referred to in the Mortgage and Security Agreement.

Mortgage Properties means the real property and improvements thereon described in the Mortgage.

Mortgage Properties means the Properties located in the States of Florida, Georgia and South Carolina.

Mortgage Properties means, collectively, the Real Estate subject to the Mortgage.