Examples of Original Mortgage in a sentence

On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the sum of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement.
On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the sum of the aggregate Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the majority Holder of the Class C Certificates (unless such Holder is the Seller, Greenwich Capital Markets, Inc.
The Depositor has not transferred any of its right, title and interest in and to the Original Mortgage Loans to any Person other than the Trustee.
After the Depositor’s transfer of the Original Mortgage Loans to the Trustee pursuant to this Section 2.01(b), the Depositor shall not take any action inconsistent with the Trust’s ownership of the Mortgage Loans.
On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the Principal Balance of the Original Mortgage Loans as of the Cut-off Date, the Servicer may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement.

More Definitions of Original Mortgage

Original Mortgage means the Mortgage and Deed of Trust, dated as of November 1, 1944, by CEHE to The Bank of New York Trust Company, N.A. (as successor to South Texas Commercial National Bank of Houston), as Trustee, as amended, modified or supplemented from time to time.

Original Mortgage. – means a security interest (or interests, in which case references to an Original Mortgage and other related references shall be construed accordingly) registered at Companies House, which is released following the discharge of the obligations secured by it and the Board is satisfied that that discharge was funded by amounts the repayment of which are secured by the Refinance Mortgage.

Original Mortgage means any Mortgage executed and delivered pursuant to the Original Credit Agreement including, without limitation, the Mortgages identified on Schedule IV attached hereto and made a part hereof.

Original Mortgage means the mortgage over a property securing the bank facilities granted to a Borrower by the Original Mortgage Institution; such mortgage is to be discharged in full by (i) the loan provided by the Refinancing Mortgage Institution and (ii) (where there is any shortfall) the OMI Borrower's own funds.

Original Mortgage means the instrument(s) identified as such in Schedule ‘‘A’’ hereof. Original Notes shall mean the Notes listed on Schedule ‘‘A’’ hereto as such, such Notes being instruments evidencing outstanding indebtedness of the Mortgagor (i) to the Gov- ernment (including indebtedness which has been issued by the Mortgagor to a third party and guaranteed or insured as to pay- ment by the Government) and (ii) to each other Mortgagee on the date of this Xxxx- xxxx. Permitted Debt shall have the meaning spec- Permitted Encumbrances shall mean:

Original Mortgage shall have the meaning set forth in the recitals to this Agreement.