Permitted Mortgagee definition

Permitted Mortgagee means the holder of the Permitted Mortgage.

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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

• 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.

• 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.

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

• In the event Permitted Mortgagee does take possession of the Home and Leased Land and thereupon transfers such property, any such transferee shall be required to enter into a written agreement assuming such personal liability and upon any such assumption the Permitted Mortgagee shall automatically be released from personal liability under the Lease.

• 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.

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. 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.

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

Permitted Mortgagee means the Senior Permitted Mortgagee and the Junior Permitted Mortgagees.

Permitted Mortgagee means a mortgagee of a Permitted Mortgage;