Original Mortgages definition

Original Mortgages means the Individual Mortgages and the Corporate Mortgages to be sold by the Warehousers to the Seller and by the Seller to the Issuer on the Closing Date pursuant to this Agreement, brief details of which are set out in, respectively, Part A and Part B of the Annexure to this Agreement.

Original Mortgages has the meaning set forth in the Recitals.

Original Mortgages means all Mortgages granted by the Credit Parties pursuant to the Original Credit Agreement and which have not been released by the lenders thereunder prior to the Restatement Effective Date.

Examples of Original Mortgages in a sentence

• The conveyance and the granting of liens in the Original Mortgages is hereby ratified, adopted, confirmed, and renewed.

• In addition, as stated in the Recitals to this Mortgage, this Mortgage constitutes for all purposes an amendment and restatement of the Original Mortgages and not a new or substitute security instrument.

• At the time ofthe refinancing transaction, the Property was entirely encumbered by the Original Mortgages, which secured the Original Notes.

• The Borrower, the Agents and the Lenders acknowledge that certain provisions of the Original Mortgages and the Aircraft Mortgage are being amended and modified as provided in the Master Collateral Agreement.

• The Original Note was secured by the Original Mortgages described on Exhibit "D".

More Definitions of Original Mortgages

Original Mortgages means the Individual Mortgages and the Corporate Mortgages to be sold by PML to the Issuer on the Closing Date pursuant to this Agreement, brief details of which are set out in Part B of the Annexure to this Agreement.

Original Mortgages shall have the meaning set forth in SECTION 4.1 (B).

Original Mortgages means (a) the Mortgage initially recorded in the offices specified on Schedule 3.16(b) on June 29, 2006 and (b) the Mortgage initially recorded in the offices specified on Schedule 3.16(b) on December 3, 2010, in each case, as the same have and may be further amended and supplemented from time to time prior to the Restatement Date.

Original Mortgages means the Individual Mortgages and the Corporate Mortgages to be sold by the Warehousers to the Seller and by the Seller to the Issuer on the Closing Date pursuant to this Agreement, brief details of which are set out in Part B of the Annexure to this Agreement.

Original Mortgages. As defined in the recitals hereof.

Original Mortgages have the meanings assigned to those terms in subsection 6.14.

Original Mortgages means the first priority mortgages over the Collateral Vessels entered into by the Borrower in favour of the Security Agent on or around the date hereof;