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.
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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.
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Mortgage Rights means, with respect to a Mortgage Asset in the Cover Pool:
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Examples of Mortgage Rights in a sentence

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

  • The Mortgage Rights Law does not provide an official explanation of what is meant by preferred position in article 1 (1), however, considering the position of mortgage holders in the Civil Code as preferred creditors, it can be said that the position is the same as the preferred creditor.

  • Based on the description of the case above, it can be risky for the occurrence of misuse of the condition of the sale and purchase of land and buildings in the debt agreement, because the guarantee agreement made using the Sale and Purchase Deed (AJB) does not use Mortgage Rights, that the certificate has indirectly become the property of the party.

  • Mortgage Rights Act Article 13 states that granting Mortgage Rights must be registered at the Land Office.

  • The output of this Electronic Mortgage Service is an Electronic Mortgage Certificate for users, namely Creditors as recipients of Electronic Mortgage Rights.

  • Normative legal research is research that is carried out or focuses on positive legal norms in the form of laws and regulations relating to the execution of Mortgage Rights in terms of a normative point of view.

  • So that PPAT cannot become a user in the Electronic Mortgage Rights service and cannot carry out the next HT-el registration process11.

  • By a mortgage sale agreement, dated [•] 2017 between, inter alios, ▇▇▇▇ ▇▇ S.à ▇.▇ (the Seller), the Company and the Issuer (the ▇▇▇▇/Issuer Mortgage Sale Agreement), the Seller agreed to sell to the Issuer the Loans and their related Mortgages and Mortgage Rights of which the Company is, or is entitled to be, the registered proprietor at the Land Registry, heritable creditor at the Registers of Scotland or the registered owner at the Land and Property Services of Northern Ireland.

  • Rights (SKMHT) the provision of credit / credit agreement (principal agreement) in a written agreement and the debtor with the creditor's approval, which guarantees the form of land rights and power of attorney to impose Mortgage Rights (SKMHT) and Deed of Granting Mortgage Rights (APHT) ).

  • Barriers to the issuance of Power of Attorney to impose Mortgage Rights (SKMHT) and Deed of Granting Mortgage Rights (APHT) are very expensive / high costs and the land of the SKMHT object is not yet a land title certificate / has not been registered at the National Land Agency office.


More Definitions of Mortgage Rights

Mortgage Rights shall have the meaning given such term in the Related ▇▇▇▇▇▇ Mae Collateral Agreement.
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Mortgage Rights has the meaning given to it in clause 2.2;
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Mortgage Rights has the meaning given to such term in the ▇▇▇▇/Issuer Mortgage Sale Agreement;
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Mortgage Rights. (i) with respect to each Floating Rate Bond Transaction, shall have the meaning given such term in the Related Fann▇▇ ▇▇▇ ▇▇▇lateral Agreement and (ii) with respect to each Custodial Receipts Transaction, shall have the meaning given such term in the Related Custodial Receipts Collateral Agreement.
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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,
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Mortgage Rights shall have the meaning given such term in the Related Fann▇▇ ▇▇▇ Collateral Agreement.
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Related to Mortgage Rights

  • Mortgage Servicing Rights The rights and responsibilities of Seller with respect to servicing the Mortgage Loans under the Servicing Agreements, including any and all of the following if and to the extent provided therein: (a) all rights to service a Mortgage Loan; (b) all rights to receive servicing fees, Ancillary Income, reimbursements or indemnification for servicing the Mortgage Loan, and any payments received in respect of the foregoing and proceeds thereof; (c) the right to collect, hold and disburse escrow payments or other payments with respect to the Mortgage Loan and any amounts actually collected with respect thereto and to receive interest income on such amounts to the extent permitted by Applicable Law; (d) all accounts and other rights to payment related to any of the property described in this paragraph; (e) possession and use of any and all Credit Files pertaining to the Mortgage Loan or pertaining to the past, present or prospective servicing of the Mortgage Loan; (f) to the extent applicable, all rights and benefits relating to the direct solicitation of the related Mortgagors for refinance or modification of the Mortgage Loans and attendant right, title and interest in and to the list of such Mortgagors and data relating to their respective Mortgage Loans; and (g) all rights, powers and privileges incident to any of the foregoing.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Mortgage shall have the meaning assigned to such term in the recitals.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.