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 beneficiary, secured party or mortgagee under any Permitted Mortgage, and its successors and assigns and purchasers at any foreclosure sale.

Examples of Permitted Mortgagee in a sentence

• 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.

• Any Permitted Mortgagee shall be bound by each of the following requirements unless the particular requirement is removed, contradicted or modified by a rider to this Lease signed by the Homeowner and the CLT to modify the terms of the Lease during the term of the Permitted Mortgage.

• The City shall, upon request, execute, acknowledge and deliver to each Permitted Mortgagee, an agreement prepared at the sole cost and expense of the Developer, in form satisfactory to each Permitted Mortgagee, between the City, the Developer and the Permitted Mortgagees, agreeing to all of the provisions hereof.

• 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.

• Any mortgage or deed of trust permitted in writing by the CLT is defined as a Permitted Mortgage, and the holder of such a mortgage or deed of trust is defined as a Permitted Mortgagee.

More Definitions of Permitted Mortgagee

Permitted Mortgagee means the holder of record of a Permitted Mortgage.

Permitted Mortgagee means any holder of a Permitted Mortgage at the time in question.

Permitted Mortgagee means the holder of the Permitted Mortgage who has the rights stated in Exhibit E: Permitted Mortgage.

Permitted Mortgagee means a lender that provides a a Permitted Mortgage.

Permitted Mortgagee means any maker of a Permitted Mortgage Loan to Owner. “Permitted Mortgage Loan” shall mean the obligations secured by a PermittedMortgage.

Permitted Mortgagee means a mortgagee of a Permitted Mortgage;

Permitted Mortgagee. Any savings bank, bank or trust company, savings and loan association, insurance company, college or university, governmental pension or retirement funds or systems, any pension retirement funds or systems of which any of the foregoing shall be trustee, or other lender providing funds to Tenant for development of the Premises, construction of the Improvements, or refinancing of development funds and secured by a Permitted Mortgage.