Examples of Mortgage Tax Collateral Agent in a sentence
Any such certificates shall be full warrant to the Mortgage Tax Collateral Agent for any action taken, suffered or omitted in reliance thereof.
Subject to the Intercreditor Agreement, each of the Collateral Agent and the Mortgage Tax Collateral Agent are authorized and empowered to appoint one or more co-Collateral Agents or co-Mortgage Tax Collateral Agents, as applicable, as each deems necessary or appropriate.
Some programs offer a mixture of all and some focus more on one pillar.
The financial statements have been prepared under the historical cost convention, and in accordancewith the Financial Reporting Standard for Smaller Entities (effective April 2008), the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
The determination of whether Liens to be granted on Mortgaged Collateral would constitute Mortgage Tax Collateral under the Senior Indenture shall be made by the Company in the reasonable exercise of its discretion, and the Company shall so notify the Mortgage Tax Collateral Agent in a written certificate of such determination with a copy of such certificate to be contemporaneously provided to the Senior Trustee and the Junior Trustee.
Xxxxxxxxx Enterprises, Inc., Hovnanian Enterprises, Inc., and certain subsidiaries of Hovnanian Enterprises, Inc., party thereto, Wilmington Trust, National Association, as Senior Trustee and Senior Collateral Agent, Wilmington Trust, National Association, as Mortgage Tax Collateral Agent and Wilmington Trust, National Association, as Junior Trustee and Junior Collateral Agent.
Except as provided in Section 5.5 and 5.7, none of the Senior Trustee or the Senior Collateral Agent, the Mortgage Tax Collateral Agent nor the Senior Creditors shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Common Collateral for the benefit of the Junior Trustee, the Junior Collateral Agent and the Junior Creditors.
Until the Discharge of Senior Lender Claims has occurred, the Trustee, the Noteholder Collateral Agent and the Mortgage Tax Collateral Agent, on behalf of themselves and the Noteholders, agree that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding in respect of the Common Collateral, without the prior written consent of the First-Lien Administrative Agent.
Phase I of the ten- year APL was completed satisfactorily in 2005, and the implementation of Phase II is ongoing and also proceeding well.
The Senior Trustee and the Senior Collateral Agent agree, on behalf of themselves and the Senior Creditors, that the Junior Creditors, Mortgage Tax Collateral Agent, the Junior Trustee and the Junior Collateral Agent shall not have by reason of the Senior Collateral Documents or this Agreement or any other document, a fiduciary relationship in respect of the Senior Trustee, the Senior Collateral Agent or any Senior Creditor.