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 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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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.

  • The Housing Department shall have forty-five (45) days from the date of the Mortgagee Notice to the Housing Department to exercise its rights under Section 10, Qualified Mortgage.

  • The Mortgagee Notice to the Housing Department shall include all information relevant to Owner’s default and the actions necessary to cure such default.

  • The Mortgagee Notice to the Housing Department shall include all information relevant to Owner’s or an owner’s default and the actions necessary to cure such default.

  • Mortgagee Cure Period shall mean the period that: (a) commences upon a failure that, with the passage of time, will become an Event of Default; and (b) expires on the date that is 60 days after the later of: (i) the expiration of the applicable notice and/or cure period (or, stated alternatively, the date on which the failure becomes an Event of Default); or (ii) receipt of the Mortgagee Notice.

  • 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.

  • 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.

  • Additionally, such acquirer shall be responsible for all charges accruing subsequent to the passage of title, including, but not limited to, all charges for the month in which title is passed.19.4. Mortgagee Notice.

  • If there is a failure with respect to the obligation of Company to pay money, then the Mortgagee shall have the right to remedy the failure until the date that is 30 days after the later of: (A) the expiration of the applicable notice and/or cure period under the Agreement; or (B) receipt of the Mortgagee Notice.

  • 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").


More Definitions of Mortgagee Notice

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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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. Restrictions on Land transfer

  • 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, suchposting 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 501(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 means the Notice of Sale of the Trust relating to the sale of the Series 2016A-1 Bonds to be dated on or about May 2, 2016, substantially in the form attached hereto as Exhibit D.

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

  • Mortgagee The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.

  • 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-1.

  • 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;