Permitted Mortgagee definition

Permitted Mortgagee means the holder of the Permitted Mortgage.
Permitted Mortgagee means a Finance Party holding a mortgage over the Vessel in accordance with Clause 47 (Owners’ mortgage).
Permitted Mortgagee means the holder of the Permitted Mortgage who has the rights stated in Exhibit E: Permitted Mortgage.

Examples of Permitted Mortgagee in a sentence

  • Any such payment or performance or other act by Permitted Mortgagee under the Lease shall not be construed as an agreement by Permitted Mortgagee to assume such personal liability except to the extent Permitted Mortgagee actually takes possession of the Home and Leased Land.

  • Any purported transfer that does not follow the procedures set forth below, except in the case of a transfer to a Permitted Mortgagee in lieu of foreclosure, shall be null and void.

  • If Permitted Mortgagee has neither approved nor rejected a proposed amendment within 60 days of its submission to Permitted Mortgagee, then the proposed amendment shall be deemed to be approved.

  • The rights of a Permitted Mortgagee as referenced under Section 8.6 of the Lease to which this Exhibit is attached shall be as set forth below.

  • Before becoming effective, any amendments to this Lease must be approved in writing by Permitted Mortgagee, which approval shall not be unreasonably withheld.


More Definitions of Permitted Mortgagee

Permitted Mortgagee means the holder of record of a Permitted Mortgage.
Permitted Mortgagee means the beneficiary, secured party or mortgagee under any Permitted Mortgage, and its successors and assigns and purchasers at any foreclosure sale.
Permitted Mortgagee means any holder of a Permitted Mortgage at the time in question.
Permitted Mortgagee means a lender that provides a a Permitted Mortgage.
Permitted Mortgagee means the holder of a beneficial interest in a Permitted Mortgage.
Permitted Mortgagee means a mortgagee of a Permitted Mortgage;
Permitted Mortgagee means the Senior Permitted Mortgagee and the Junior Permitted Mortgagees.