Mortgage Rights definition

Mortgage Rights means, with respect to the Mortgage Loan, without limitation, all of the rights under the Mortgage Documents and the Loan Agreement (other than those rights set forth below) including without limitation, the right to receive any and all payments thereunder and all of the rights and interests under the Mortgage Note, the Mortgage and the other Mortgage Documents and the Loan Agreement, to direct actions, grant consents, grant extensions, grant waivers, grant requests, give approvals, give directions, exercise remedies, exercise forbearance, give releases, make appointments, make decisions, take actions, apply partial payments, apply late charges, apply default interest, apply escrow payments for reserves, taxes, insurance and other impositions, and do all other things under the Mortgage Note, the Mortgage and the other Mortgage Documents, including, without limitation, the right, power and authority to, and the right, power and authority to delegate the right, power and authority to, enter into agreements, documents and instruments ancillary to or otherwise relating to the Mortgage Loan, including agreements with respect to the servicing of the Mortgage Loan and the establishment of custodial and other accounts for the deposit of funds payable by the Mortgagor under the Mortgage Documents and collected by the Credit Facility Provider or the Servicer, as applicable, and to vest in its assignee such rights, powers and authority as may be necessary to implement any of the foregoing. “Mortgage Rights” does not include the Mortgage Note Payments Interest, which is reserved to the Trustee (except as provided in the Assignment) and those rights reserved to the Corporation solely in its capacity as the Corporation under the Loan Agreement.

Mortgage Rights means, with respect to the Mortgage Loan, without limitation, all of the rights under the Mortgage Note, the Mortgage and the other Mortgage Documents to direct actions, grant consents, grant extensions, grant waivers, grant requests, give approvals, give directions, give releases, make appointments, take actions and do all other things under the Mortgage Note, the Mortgage and the other Mortgage Documents, including, without limitation, the right, power and authority to assign or delegate the right, power and authority to enter into ancillary agreements, documents and instruments otherwise relating to the Mortgage Loan, including agreements with respect to the servicing of the Mortgage Loan, and to vest in its assignee such rights, powers and authority as may be necessary to implement any of the foregoing. “Mortgage Rights” does not include the Mortgage Note Payments Interest.

Mortgage Rights means, with respect to a Mortgage Asset in the Cover Pool:

Examples of Mortgage Rights in a sentence

• The Mortgage Rights secure the relevant Portfolio Mortgage Loan and are vested over property situated in the Netherlands.

• The Portfolio Mortgage Loans and the Mortgage Rights securing the liabilities arising therefrom are governed by Dutch law.

• The first creditor holding the Mortgage Rights acts as the auction applicant;3.

• Individuals/legal entities as creditors as regulated in the laws and regulations governing Mortgage Rights; and b.

• The sale by the Seller to the Issuer of the English Loans and their related Mortgage Rights (until legal title is conveyed) takes effect in equity only.

• The Government has at least four urgencies to form a law that regulates Mortgage Rights.

• Related To The Deed Of Unregistered Mortgage Rights, IOSR Journal Of Humanities And Social Science (IOSR-JHSS) Volume 23, Issue 2, Ver.

• Bank Jateng Branch Slawi Tegal regency provides a little spare time for notary counterparts in order to check the guarantee of Mortgage Rights more accurate.Constraints in this credit agreement can be minimized with the discipline of the banking officers from the thoroughness in administering and the presence of authorized credit officers, due to the legal power of notarial deed in the perfect proof and legal certainty.

• With the Law Number 4 of 1996 concerning Mortgage Rights, it has given authority to creditors to be able to carry out the execution of mortgage rights without having to require the approval of any party.

• Legal Credit will first carry out a draft review of the Notarial deeds of the Partner, namely the Credit Agreement, SKMHT (Power of Attorney Imposing Mortgage Rights) which will be signed by the parties between the Debtor / As the First Party and the Creditors / As the Second Party in the take over Credit Agreement with the Collateral Rights Dependents.

More Definitions of Mortgage Rights

Mortgage Rights. (i) with respect to each Floating Rate Bond Transaction, shall have the meaning given such term in the Related Fannxx Xxx Xxxlateral Agreement and (ii) with respect to each Custodial Receipts Transaction, shall have the meaning given such term in the Related Custodial Receipts Collateral Agreement.

Mortgage Rights has the meaning given to it in clause 2.2;

Mortgage Rights has the meaning given to such term in the Xxxx/Issuer Mortgage Sale Agreement;

Mortgage Rights means, with respect to the Mortgage Loan, without limitation, all of the rights under the Mortgage Documents and the Loan Agreement (other than those rights set forth below) including without limitation, the right to receive any and all payments thereunder and all of the rights and interests under the Mortgage Note, the Mortgage and the other Mortgage Documents and the Loan Agreement, to direct actions, grant consents, grant extensions, grant waivers, grant requests, give approvals, give directions, exercise remedies, exercise forbearance, give releases, make appointments, make decisions, take actions, apply partial payments, apply late charges, apply default interest, apply escrow payments for reserves, taxes, insurance and other impositions, and do all other things under the Mortgage Note, the Mortgage and the other Mortgage Documents, including, without limitation, the right,

Mortgage Rights shall have the meaning given such term in the Related Fannxx Xxx Collateral Agreement.

Mortgage Rights shall have the meaning given such term in the Related Xxxxxx Mae Collateral Agreement.