Mortgaged Fee Properties definition

Mortgaged Fee Properties the collective reference to each real property owned in fee by the Loan Parties listed on Schedule 5.8 or required to be mortgaged as Collateral pursuant to the requirements of Subsection 7.9, including the land and all buildings, improvements, structures and fixtures now or subsequently located thereon and owned by any such Loan Party.
Sample 1Sample 2Sample 3
Mortgaged Fee Properties the collective reference to each real property owned in fee simple by the Borrower or any Subsidiary Guarantor (i) as of the Closing Date and listed on Schedule 5.8 (if any) and (ii) following the Closing Date, to the extent required to be mortgaged as Collateral pursuant to the requirements of Subsection 7.9, including the land and all buildings, improvements, structures and fixtures now or subsequently located thereon and owned by any such Person, in each case, unless and until such time as the Mortgage on such real property is released in accordance with the terms and provisions hereof and thereof.
Sample 1
Mortgaged Fee Properties the collective reference to each real property owned in fee simple by the Loan Parties listed on Schedule 5.8 or required to be mortgaged as Collateral pursuant to the requirements of Subsection 7.9, including the land and all buildings, improvements, structures and fixtures now or subsequently located thereon and owned by any such Loan Party, in each case, unless and until such time as the Mortgage on such real property is released in accordance with the terms and provisions hereof and thereof. Notwithstanding the foregoing, from and after the Amendment No. 5 Effective Date, unless otherwise agreed by the Borrower Representative, the Specified Excluded Real Property shall not constitute a Mortgaged Fee Property.
Sample 1

Examples of Mortgaged Fee Properties in a sentence

  • Schedule 5.8 sets forth all Mortgaged Fee Properties as of the Closing Date.


More Definitions of Mortgaged Fee Properties

Mortgaged Fee Properties the collective reference to each real property owned in fee simple by the Borrower or any Subsidiary Guarantor (i) as of the Closing Date and listed on Schedule 8 of the Guarantee and Collateral Agreement (if any) and (ii) following the Closing Date, to the extent required to be mortgaged as Collateral pursuant to the requirements of Subsection 5.4 of the Guarantee and Collateral Agreement, including the land and all buildings, improvements, structures and fixtures now or subsequently located thereon and owned by any such Person, in each case, unless and until such time as the Mortgage on such real property is released in accordance with the terms and provisions hereof and thereof. “Mortgages”: the collective reference to the mortgages and deeds of trust, or similar security instruments, executed and delivered by the Borrower or any Subsidiary Guarantor in favor of the Collateral Agent, substantially in the form of Annex 5 to the Guarantee and Collateral Agreement, as the same may be amended, supplemented, waived or otherwise modified from time to time. “Most Recent Four Quarter Period”: the four-Fiscal Quarter period of the Borrower ending on the last day of the most recently completed fiscal year or Fiscal Quarter for which financial statements of the Borrower have been (or have been required to be) delivered under Subsection 7.1(a) or 7.1(b). “Multiemployer Plan”: a Plan which is a multiemployer plan as defined in Section 4001(a)(3)
Sample 1
Mortgaged Fee Properties means, collectively, the Real Property owned in fee by a Borrower or Guarantor described on Part I of Schedule 1.119, including all buildings, improvements, structures and fixtures now or subsequently located thereon and owned by any such Borrower or Guarantor.
Sample 1
Mortgaged Fee Properties the collective reference to the real properties owned in fee by the Loan Parties described on Part I of Schedule 5.8, including, without limitation, all buildings, improvements, structures and fixtures now or subsequently located thereon and owned by any such Loan Party. "MORTGAGED LEASED PROPERTIES": the collective reference to the real properties leased by the Loan Parties described on Part II of Schedule 5.8, including, without limitation, all buildings, improvements, structures and fixtures now or subsequently located thereon and owned or leased by any such Loan Party.
Sample 1

Related to Mortgaged Fee Properties

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.

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

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Unimproved Land means land on which no development (other than improvements that are not material and are temporary in nature) has occurred.

  • Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.

  • Real Estate Asset means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by any Credit Party in any real property.