Other Mortgage definition

Other Mortgage means the Mortgage and Security Agreement [Virgin/Bank 2015], dated as of April 29, 2015, between the Owner, as mortgagor, and the Security Trustee, as mortgagee, in respect of the Other Aircraft.
Sample 1Sample 2
Other Mortgage means any mortgage, deed to secure debt, or deed of trust given by Mortgagor to or in favor of Mortgagee to secure the Obligations, other than this Mortgage.
Sample 1Sample 2
Other Mortgage means either of the following, in favor of any Person other than the Agent (i) with respect to any referenced Property, a mortgage, deed to secure debt, deed of trust or similar instrument encumbering such Property, and (ii) with respect to the owner of any referenced Property, a pledge of any of its capital stock or partnership interests.
Sample 1Sample 2

Examples of Other Mortgage in a sentence

  • For purposes of this paragraph 4(b)(viii), the term "similar security" shall be deemed to include, without limitation, any security evidencing or, upon issuance, that would have evidenced an interest in the Mortgage Loans or the Other Mortgage Loans or any substantial number thereof.

  • All parties to the Mortgage Loan Documents, Other Mortgage Loan Documents and any other agreement executed and delivered by a Mortgagor or guarantor, if applicable, had legal capacity to enter into the Mortgage Loan and to execute and deliver any such instrument or agreement and such instrument or agreement has been duly and properly executed by such related parties.

  • With respect to each Purchased Mortgage Loan, until such Purchased Mortgage Loan is repurchased by Seller, Seller shall hold in trust separate and apart from Seller’s own documents and assets and for the exclusive benefit of Buyer all mortgage loan documents related to such Purchased Mortgage Loan and not delivered to Buyer, including, without limitation, the Other Mortgage Loan Documents, as applicable.

  • Guarantor additionally unconditionally guarantees to Lender the timely performance of all other obligations of the Other Borrower under the Other Note, the Other Mortgage and the other Loan Documents (collectively, the "GUARANTEED OBLIGATIONS").

  • In exchange for the Mortgage Loans and certain other mortgage loans (the "Other Mortgage Loans") to be purchased by the Purchaser, the Trust will issue to the Depositor pass-through certificates to be known as Morgan Stanley Capital I Inc., Commercial Mortgage Pass-Through Certixxxxxxs, Xxxxxs 2007-IQ13 (the "Certificates").

  • Guarantor hereby unconditionally and irrevocably guarantees to Lender the punctual payment of all sums now or hereafter payable pursuant to the Other Note and the Other Mortgage.

  • In exchange for the Mortgage Loans and certain other mortgage loans to be purchased by Purchaser (collectively the "Other Mortgage Loans"), the Trust will issue to the Depositor pass-through certificates to be known as Bear Xxxxxxx Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates, Series 2004-TOP16 (the "Certificates").

  • This provision does not require physical separation of the Principal Mortgage Documents or Other Mortgage Documents from collateral held for other loans, but each Mortgage Loan must be maintained in a separate file folder from the documents related to any other mortgage loan.

  • In exchange for the Mortgage Loans and certain other mortgage loans to be purchased by Purchaser (collectively the "Other Mortgage Loans"), the Trust will issue to the Depositor pass-through certificates to be known as Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Txxxxxx Certificates, Series 2005-TOP18 (the "Certificates").

  • In exchange for the Mortgage Loans and certain other mortgage loans to be purchased by Purchaser (collectively, the "Other Mortgage Loans"), the Trust will issue to the Depositor pass-through certificates to be known as Xxxxxx Xxxxxxx Capital I Inc., Commercial Mortgage Pass-Through Certificates, Series 2007-HQ13 (the "Certificates").


More Definitions of Other Mortgage

Other Mortgage shall refer to the mortgage(s) securing the notes evidencing such loan.
Sample 1
Other Mortgage means the subordinated mortgage resgitered on title of the Property with a principal amount owing of $170,000 to 1019283 BC Ltd. (a corporation owned by David Keiss) that was incurred by cash payment from 1019283 BC Ltd. for an installment payment on the First Mortgage, having an interest rate of 12% per annum with interest only monthly installments with a first term ending on May 1, 2019;
Sample 1
Other Mortgage. The notes, dated the date hereof, for an aggregate principal amount of $98,215,000, made by Borrower to Lenders; the loan in said amount by Lenders to Borrower for certain non-cost-of-improvement items with respect to the Premises evidenced thereby to be advanced under a Project Loan Agreement of even date herewith among Borrower, Lenders a party hereto and Administrative Agent (the "Project Loan Agreement"); and, collectively, the series I project loan mortgage, assignment of leases and rents and security agreement and the series II project loan mortgage, assignment of leases and rents and security agreement, each made to Administrative Agent to secure advances under the Project Loan Agreement and Borrower's other obligations in respect thereof.
Sample 1
Other Mortgage. A loan by Lenders to Borrower for certain non-cost-of-improvement items with respect to the Premises; the note evidencing said loan made by Borrower to Lenders; the project loan mortgage, assignment of leases and rents and security agreement(s) made to Administrative Agent as to secure the Other Notes and Borrower's other obligations in respect of the Other Loan. The Other Mortgage shall be a third lien on Borrower's interest in the Premises (behind the lien of the Mortgage and the Building Loan Mortgage).
Sample 1
Other Mortgage means each "Mortgage" relating to the mortgage of the mortgaged property of the Facility by the Other Lessor in favor of the Indenture Trustee under an Other Indenture, all on substantially the same terms and conditions as under, and dated the same date, as the Mortgage.
Sample 1

Related to Other Mortgage

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

  • Facility Mortgage As defined in Section 13.1.

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

  • 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.

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

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

  • Class P Mortgage Loan Any of the Class I-P, Class II-P or Class III-P Mortgage Loans.

  • Leasehold Mortgage means a mortgage, a deed of trust, a deed to secure debt, or other security instrument by which the Leasehold is mortgaged, conveyed, assigned, or otherwise transferred to secure a debt or other obligation.

  • 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.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • Owner Mortgage Loan File A file maintained by the Custodian for each Mortgage Loan that contains the documents specified in Section 2.01(a) and any additional documents required to be added to the Owner Mortgage Loan File pursuant to this Agreement.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

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

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

  • 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.

  • 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.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • 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.

  • Additional Mortgaged Property has the meaning assigned to that term in subsection 6.9.

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

  • 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.

  • 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.

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a Stated Principal Balance at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits.

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