Mortgagee Notice definition

Mortgagee Notice. The Mortgagee's Notice shall offer such mortgagee a reasonable opportunity to cure the default, including the time to obtain possession of the Premises by power of sale or judicial foreclosure, if such action should be necessary to cure Landlord's default.
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Mortgagee Notice means a written notice given to the City and the Authority by the holder of any deed of trust or mortgage encumbering the Redeveloper’s subleasehold interest under the Sublease Agreement that it holds such deed of trust or mortgage and providing such holder’s address for purposes of receiving notices to be provided under this Agreement.
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Mortgagee Notice. The Mortgagee's Notice shall offer such mortgagee an opportunity to cure the default concurrent with that of Landlord.
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Examples of Mortgagee Notice in a sentence

  • Mortgagor shall give Mortgagee Notice of any default under any Lien and Notice of any foreclosure or threat of foreclosure with respect to any of the Property.

  • Any notice to Landlord by Tenant of Landlord's default under this Lease shall also be concurrently provided by registered or certified mail, to any holder of a mortgage or similar security instrument covering the Premises, whose address shall have been furnished to Tenant ("Mortgagee Notice").

  • The Mortgagee Notice shall be sent by certified mail, return receipt requested, or by a nationally recognized commercial overnight delivery service, to the address set forth in the Leasehold Mortgage (or such other address as may hereafter be designated in writing to Landlord by the Leasehold Mortgagee).

  • Any notice to Landlord by Tenant of Landlord's default under this Lease shall also be concurrently provided, by registered or certified mail, to any holder of a mortgage or similar security interest covering the Premises, whose address shall have been furnished to Tenant ("Mortgagee Notice").

  • Landlord shall not declare or assert a termination of this Lease by reason of any such Lease Default until a “reasonable period of time” (as defined below) shall have elapsed following the receipt of the Mortgagee Notice, during which period the Leasehold Mortgagee shall have the right, but shall not be obligated, to remedy such Lease Default.

  • If at any time during the currency of a Mortgage of the interest of Landlord in the Premises or Building, Notice of which has been given to Tenant, Landlord shall be in default under this Lease and such default would give rise to a right in Tenant to terminate this Lease, Tenant, before becoming entitled as against the holder of such Mortgage to exercise any right to terminate this Lease, shall give to such Mortgagee Notice of such default.

  • Any actionor inaction of the HKSCC or a failure or delay by the HKSCC in the performance of its obligations may result in a failure of settlement, or the loss, of China Connect Securities and/or monies in connection with them and you may suffer losses as a result.

  • No notice or demand delivered by YRC shall be effective unless and until a Mortgagee Notice is delivered in accordance with the terms and conditions of this Section.

  • Mortgagor shall give Mortgagee Notice of, and a copy of any plans prepared for any alteration (excluding, however, tenant improvements unless they involve structural work) which is reasonably estimated to cost $1,000,000 (the "Alteration Threshold") (inclusive of architectural and engineering fees) or is structural.

  • Until the Town Bodies have received, from a Mortgagee of which it has been made aware pursuant to Section 2 of this Exhibit, written notice that such Mortgagee’s Mortgage has been satisfied or otherwise released, the applicable Town Body shall deliver a Mortgagee Notice to such Mortgagee contemporarily with each notice or demand delivered to Company.


More Definitions of Mortgagee Notice

Mortgagee Notice shall have the meaning set forth in Section 14.10.2. “New Lease” shall have the meaning set forth in Section 14.16.1.
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Related to Mortgagee Notice

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy.

  • Due notice means notice published at least twice, with an interval of at least six days between the two publication dates, in a newspaper or other publication of general circulation within the appropriate area; or, if no such publication of general circulation be available, by posting at a reasonable number of conspicuous places within the appropriate area, such posting to include, where possible, posting at public places where it may be customary to post notices concerning county or municipal affairs generally. At any hearing held pursuant to such notice, at the time and place designated in such notice, adjournment may be made from time to time without the necessity of renewing such notice for such adjourned dates.

  • Notice of Default means a written notice of the kind specified in Section 5.1(4).

  • Landlord Default shall have the meaning given such term in Article 14.

  • Estoppel Certificate As defined in Section 23.1(a).

  • Cure Notice means a notice of a proposed amount to be paid on account of a Cure Claim in connection with an Executory Contract or Unexpired Lease to be assumed under the Plan pursuant to section 365 of the Bankruptcy Code, which notice shall include: (a) procedures for objecting to proposed assumptions of Executory Contracts and Unexpired Leases; (b) Cure Claims to be paid in connection therewith; and (c) procedures for resolution by the Bankruptcy Court of any related disputes.

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Leasehold Mortgagee means the holder of a Leasehold Mortgage.

  • Indemnity Notice shall have the meaning specified in Section 9.3(b).

  • Notice of Tender means, in connection with an Optional Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent, indicating an intention to tender VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.

  • Notice of Sale The meaning ascribed thereto in Section 4.16.

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Mortgagee means the mortgagee, grantee or beneficiary under any Mortgage, any holder of legal title to any portion of any Mortgage Loan or, if applicable, any agent or servicer on behalf of such party.

  • Pre-Notice shall have the meaning ascribed to such term in Section 4.13.

  • Funding Notice means a notice substantially in the form of Exhibit A.

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Notice of Purchase Withdrawal Has the meaning specified in the Deposit Agreement.

  • Notice means notice in writing;

  • Warning Notice means a notice in writing by the Secretary of State to the Academy Trust requiring the Academy Trust to procure the admission of a sufficient number of pupils by such date as he deems appropriate in the circumstances and setting out the consequences of not procuring the admission of a sufficient number of pupils by the date specified in such Warning Notice. 91D) If at any time after signing this Agreement, the Parties agree that by virtue of low pupil numbers the Academy is not financially viable, then the Parties jointly may terminate this Agreement having agreed first the precise terms of termination.

  • Notice of Account Designation has the meaning assigned thereto in Section 2.3(b).

  • First Mortgagee means the holder of any First Mortgage.

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Termination Warning Notice means a notice sent by the Secretary of State to the Academy Trust, stating his intention to terminate this Agreement.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;