Prior Deed of Trust definition

Prior Deed of Trust means the Deed of Trust with Absolute Assignment of Leases and Rents, Security Agreement and Fixture Filing pertaining to the Project, executed as of the closing date of the Prior Bonds by the Prior Borrower, which secure the Prior Borrower’s obligation to repay the Prior Loan.
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Prior Deed of Trust means that Deed of Trust, Mortgage and Security Agreement executed by Trustor to The Prudential Insurance Company of America, dated [June 15, 1989] [_______________, 19__ and recorded on [________, 1989] [____________, 19___], as assigned to Prior Beneficiary and amended by that certain Amendment to Deed of Trust, Mortgage and Security Agreement dated _________, 1997, as amended, amended and restated, supplemented or otherwise modified to the extent permitted by the Agreement.
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Prior Deed of Trust means the Leasehold Deed of Trust dated as of December 5, 1994 between the Lessee, the trustees referenced therein, conveying to Signet Bank of Maryland (a predecessor in interest to First Union National Bank) and the Maryland Economic Appendix A-28 153 Development Corporation, collectively as the beneficiary, as such is recorded in the City of Baltimore, Maryland Registry.
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Examples of Prior Deed of Trust in a sentence

  • I do not agree that these provisions authorize the fee.Section 3 of the Deed of Trust states Davis “shall not enter into any agreement with the holder of a Prior Deed of Trust whereby such Prior Deed of Trust, or the indebtedness secured thereby is modified, amended, extended or renewed, without [Citi’s] prior written consent.” According to the clear language of Section 3, consent is required for the modification, amendment, extension or renewal of a prior deed of trust.

  • Because of the requirements of the New Market Tax Credit financing, the Department requests approval to release the Prior Deed of Trust securing the Prior Loan and instead to record a regulatory agreement (the Regulatory Agreement) that will ensure that the Borrower complies with the City Restrictions and the other requirements of the City Loan.

  • Possibility of An Easement Being Extinguished By the Foreclosure of a Prior Deed of Trust This possibility should not be relied upon for the purposes of waiving an easement which appears as an exception to the title.


More Definitions of Prior Deed of Trust

Prior Deed of Trust means, the Deed of Trust with Absolute Assignment of Leases and Rents, Security Agreement and Fixture Filing pertaining to the Project executed as of the closing date of the Prior Bonds, which secures the Borrower’s obligation to repay the Prior Loan.
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Related to Prior Deed of Trust

  • Deed of Trust means this Deed of Trust, Assignment, Security Agreement and Fixture Filing, as the same may from time to time be extended, amended, restated, supplemented or otherwise modified.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Bond Agreement means this bond agreement, including any Attachments to which it refers, and any subsequent amendments and additions agreed between the Parties.

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

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

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Declaration of Trust means this Agreement and Declaration of Trust, as amended or restated from time to time;

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • Subordination Agreement means any subordination or intercreditor agreement(s) entered into with respect to any subordinate financing related to the Project, as the same may be amended, supplemented or restated.

  • Project Funding Agreement means an agreement in the form of Schedule F that incorporates the terms of this Agreement and enables the LHIN to provide one-time or short term funding for a specific project or service that is not already described in Schedule A;

  • Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

  • Deed of Covenant means in relation to the Ship the deed of covenant collateral to the Mortgage for the Ship and creating charges over the Ship, its Earnings, Insurances and Requisition Compensation required to be executed hereunder by the Borrower in favour of the Security Trustee in the agreed form;

  • Trust Agreement means this Amended and Restated Trust Agreement, as the same may be modified, amended or supplemented in accordance with the applicable provisions hereof, including all exhibits hereto, including, for all purposes of this Trust Agreement and any such modification, amendment or supplement, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this Trust Agreement and any such modification, amendment or supplement, respectively.

  • First Mortgage Indenture means a first mortgage indenture pursuant to which any Borrower or any Subsidiary of any Borrower may issue bonds, notes or similar instruments secured by a lien on all or substantially all of such Borrower’s or such Subsidiary’s fixed assets, as the case may be.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Farm-Out Agreement means a Farm-In Agreement, viewed from the standpoint of the party that transfers an ownership interest to another.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • Construction Agreement as used in this subsection means an agreement between Seller and any contractor or subcontractor to install the System;

  • Forbearance Agreement means the forbearance agreement entered into by Granite Co. prior to the implementation of the 2011 Arrangement.

  • Second Mortgage means a mortgage from which the proceeds of a loan or other extension of credit made by a third person are secured by a mortgage on the real property for which the mortgagor has used the proceeds of the loan or other extension of credit to pay all or part of the purchase price of the property.

  • Head Lease or “Superior Lease” means the document which sets out the promises the Landlord has made to the Superior Landlord. The promises contained in this Head Lease will bind the Tenant if he has prior knowledge of those promises.

  • this Trust Deed means this Trust Deed (as from time to time altered in accordance with this Trust Deed) and any other document executed in accordance with this Trust Deed (as from time to time so altered) and expressed to be supplemental to this Trust Deed;

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.