Owned Mortgaged Property definition
Owned Mortgaged Property means each Mortgaged Property owned by a Loan Party and identified on Schedule 8(a)(i) to the Perfection Certificate dated the Original Closing Date.
Owned Mortgaged Property and “Owned Mortgaged Properties” have the respective meanings set forth in Section 4.01(k).
Examples of Owned Mortgaged Property in a sentence
To the extent any of the foregoing affect any Owned Mortgaged Property, such agreement shall be subordinate to the Lien of the Mortgage to be recorded against such Owned Mortgaged Property, either expressly by its terms or pursuant to a subordination, non-disturbance and attornment agreement, and shall otherwise be reasonably acceptable to the Collateral Agent.