Ohio Mortgage definition

Ohio Mortgage the collective reference to the Open-End Mortgage, Assignment and Security Agreement, substantially in the form of Exhibit D-3 hereto, executed and delivered by the appropriate Loan Party with respect to specified Oil and Gas Properties and other Collateral located in Ohio, as the same may be amended, supplemented or otherwise modified from time to time.
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Ohio Mortgage means that certain Open-End Mortgage, Security Agreement and Assignment of Rents and Leases, dated June 16, 2006 and recorded in the land mortgage records of Xxxxx County, Ohio, by Libbey Glass, Inc. in favor of Xxxxxxx Xxxxx PCG Inc. for the ratable benefit of the Noteholders (as defined therein) and the other Secured Parties (as defined therein).
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Ohio Mortgage means that certain mortgage, security agreement and assignment of rents and leases (as amended from time to time), executed in connection with the initial issue of the Notes, in favor of the Security Trustee by Xxxxxxx with respect to the Property of Xxxxxxx listed on Part 2.5(e) of Annex 2 as being located in the State of Ohio securing Xxxxxxx’x indebtedness and obligations under the Joint and Several Guaranty and in respect of the Notes with a first-priority lien encumbering such Property.
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Examples of Ohio Mortgage in a sentence

  • The Buyer’s obligation to close this transaction is contingent upon Buyer qualifying for a mortgage loan commitment under the Ohio Mortgage Revenue Bond Program in the amount of (A) $ or (B) % of purchase price with an interest rate at (1) % or (2) prevailing rates.

  • Id. The Court concludes that Plaintiff has presented evidence creating a genuine issue of material fact whether his termination was causally related to his complaints about violations of the Ohio Mortgage Broker’s Act, OhioRev.

  • The credit line is collateralized by substantially all assets of First Ohio Mortgage Corporation and guaranteed by companies affiliated through common ownership.

  • Such affiliated companies included First Ohio Mortgage Corporation, Inc., First Ohio Escrow Corporation, Inc.

  • Subparts (a), (b) and (c) of the Purchase Price described above collectively consist of (i) an allocation of $36,800,000 of the Purchase Price to R-ONE, (ii) an allocation of $1,750,000 of the Purchase Price to First Ohio Mortgage, (iii) an allocation of $750,000 of the Purchase Price to First Ohio Escrow, and (iv) an allocation of $500,000 of the Purchase Price to CRM.

  • The parties agree that each of the September 1998 Term Notes constitutes one of the "Other Term Notes" described in the WITNESSETH clause of the Ohio Mortgage, with the result that the September 1998 Term Loans are among the obligations secured by the Ohio Mortgage.

  • Lender agrees that in connection with any ------------------------- sale of the real property and improvements owned by Kable Fulfillment as more fully described in the Ohio Mortgage, Lender shall execute and deliver to Kable Fulfillment, or to such other Person as Kable Fulfillment shall direct, a full release of the Ohio Mortgage upon receipt by Lender of a payment against Borrowers' Obligations in an amount not less than $450,000.00.

  • Swayne filed an action to garnish the bond in state court, believing that she is entitled to the entire $60,000 value of the bond because of the state courts finding of $65,070.65 in damages under the Ohio Mortgage Brokers Act.

  • R-ONE, First Ohio Mortgage, First Ohio Escrow, and CRM are referred to collectively herein as the "Realty One Companies." IFG has heretofore formed IFG Acquisition Subsidiary as a wholly-owned subsidiary corporation under the Delaware General Corporation Law (the "Act") for the purpose of acquiring the Shares.

  • In the event that the Employer's application for a license under the Ohio Mortgage Loan Act (the "License") is denied, or in the event that the License has not been granted by August 15, 2000, then either party shall have the option to terminate this Agreement immediately upon written notice to the other party.


More Definitions of Ohio Mortgage

Ohio Mortgage shall have the meaning set forth in Section 5.2.
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Ohio Mortgage means the Mortgage, Deed of Trust, Assignment, Security Agreement and Financing Statement executed and delivered pursuant to Section 5.1.4, substantially in the form of Exhibit D hereto, as amended, supplemented, restated or otherwise modified from time to time.
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Ohio Mortgage has the meaning specified in the definition of “Mortgage”.
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Ohio Mortgage means the Open-End Mortgage, Security Agreement, Financing Statement and Assignment of Rents and Leases dated June 30, 1997 made by the Ohio Partnership in favor of the Borrower.
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Related to Ohio Mortgage

  • Jumbo Mortgage Loan Unless defined otherwise in the Transactions Terms Letter, a first lien Mortgage Loan (i) for which the original loan amount is greater than the applicable conventional conforming loan limits set by the Federal Housing Finance Authority in the jurisdiction where the related Mortgaged Property is located and (ii) which meets the transaction requirements set forth on Schedule 1 of the Transactions Terms Letter.

  • No Mortgage Loan is a "High-Cost Home Loan" as defined in the New Mexico Home Loan Protection Act effective January 1, 2004 (N.M. Stat. Ann. ss.ss. 58-21A-1 et seq.).

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • Reverse mortgage means a nonrecourse loan under which both of the following apply:

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

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

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • Fee Mortgage Any mortgage, pledge agreement, security agreement, assignment of leases and rents, fixture filing or similar document creating or evidencing a lien on Landlord’s interest in the Leased Property or any portion thereof (or an indirect interest therein, including without limitation, a lien on direct or indirect interests in Landlord) in accordance with the provisions of Article XXXI hereof.

  • Type 1 Mortgage Loan Any of the Mortgage Loans identified in Exhibit F-1 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, serviced under the WFHM Servicing Agreement and having a Mid-Month Receipt Period with respect to all types of Unscheduled Principal Receipts.

  • Facility Mortgage As defined in Section 13.1.

  • Ship Mortgage means a Ship Mortgage or Additional Ship Mortgage substantially in the form of Exhibit E-2 to the 2008 Credit Agreement (with such changes as are reasonably consented to by the Collateral Agent to account for local law matters) made by the applicable Loan Party in favor of Collateral Agent for the benefit of the Secured Parties, as the same may be amended, supplemented or otherwise modified from time to time, together with an Earnings Assignment and an Insurance Assignment made by the applicable Loan Party for each Mortgaged Vessel, and such other agreements reasonably acceptable to Collateral Agent as shall be necessary to comply with applicable requirements of law and effective to grant in favor of Collateral Agent for the benefit of the Secured Parties a first preferred mortgage within the meaning of the Ship Mortgage Act on the Mortgaged Vessel covered thereby, subject only to Permitted Liens.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • Existing Mortgages means any mortgage, deed of trust or deed delivered pursuant to the Existing Credit Agreement including any amendments, modifications, restatements or assignments thereof.

  • Primary Mortgage Insurance Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

  • Second Mortgage means a mortgage from which the proceeds of a loan or other extension of credit made by a third person are secured by a mortgage on the real property for which the mortgagor has used the proceeds of the loan or other extension of credit to pay all or part of the purchase price of the property.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Split Mortgage Loan Any Mortgage Loan that is part of a Loan Combination. The only Split Mortgage Loans that are assets of the Trust as of the Closing Date are those that have the respective loan numbers (as set forth on the Mortgage Loan Schedule) listed on the Loan Combination Table under the column heading “Loan No. for related Mortgage Loan.”

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Aircraft Mortgage means each Aircraft and Engine mortgage and security agreement entered into by any Borrower in favor of the Agent evidencing the Liens in respect of such Aircraft Collateral that will secure the Obligations, in each case as amended, modified, restated, supplemented or replaced from time to time.