Prior Mortgages means, with respect to an Initial Asset, the security interests granted by the applicable Initial Asset Trust in respect of such Initial Asset and the Related Assets prior to the Delivery Date for such Initial Asset, in relation to a prior financing or refinancing thereof.
Prior Mortgages means the prior mortgage(s) or charge(s) (if any) mentioned in the Second Schedule;
Prior Mortgages means any of (i) the Security Agreement and --------------- Assignment of Leases N555W dated as of September 1, 1990 between the Existing Owner Trustee party thereto and the Initial Lender, which was previously released by the General Release of Mortgage, dated December 31, 1991, executed by the Initial Lender recorded by the FAA on January 3, 1992, as conveyance number H77983, (ii) the Security Agreement and Assignment of Leases N565W dated as of September 1, 1990 between the Existing Owner Trustee party thereto and the Initial Lender, which was previously released by the General Release of Mortgage, dated December 31, 1991, executed by the Initial Lender recorded by the FAA on January 2, 1992, as conveyance number H77979 and (iii) the Security Agreement and Assignment of Leases NS7SW dated as of September 1, 1990 between the Existing Owner Trustee party thereto which was previously released by the General Release of Mortgage, dated December 31, 1991, executed by the Initial Lender, recorded by the FAA on January 3, 1992, as conveyance number H77988.
Examples of Prior Mortgages in a sentence
Notary Public EXHIBIT A (Description of Premises) [EXHIBIT A-1 (Description of Mortgaged Lease)] [EXHIBIT B (Prior Mortgages Being Consolidated with this Mortgage)] 1 For leasehold mortgage, strike this subparagraph.
More Definitions of Prior Mortgages
Prior Mortgages means the instruments identified as such in Schedule A hereto.
Prior Mortgages means, collectively, (a) the Mortgages executed and delivered in connection with the Existing Credit Agreement and (b) the Mortgages executed and delivered in connection with this Agreement prior to the Third Amendment Closing Date.
Prior Mortgages means, with respect to the Assigned Property, the security interests granted by Old WEST, WEST Acquisition, Facility Acquisition and the New Engine Trusts in respect of the Assigned Property and the engine mortgages relating to the Engines owned by WEST Acquisition, Facility Acquisition and the New Engine Trusts on the Closing Date.
Prior Mortgages means (i) the Mortgage, Security Agreement and Financing Statement, dated July 10, 2013, between the Company and the Purchasers in which the Company granted a lien in certain oil and gas mining leases and leasehold estates in Kansas to the Purchasers as described therein, (ii) the Mortgage, Security Agreement and Financing Statement, dated November 26, 2013, between the Company and the Purchasers in which the Company granted a lien in certain oil and gas mining leases and leasehold estates in Kansas to the Purchasers as described therein, as such may have been amended from time to time, and (iii) the New and Amended Mortgage, Security Agreement and Financing Statement, dated May 29, 2014, pursuant to which the Company conveyed a mortgage to the Creditor (as defined therein) on certain leases and leasehold estates in Kansas, which mortgage has been filed in the Register of Deeds in Xxxxxxx County in Kansas on June 5, 2014 and recorded in Book M117 at Page 97.
Prior Mortgages means, with respect to an Initial Asset, the security interests granted by the applicable Initial Asset Trust or Title Transferor in respect of such Initial Asset and the Related Assets prior to the Delivery Date for such Initial Asset, in relation to a prior financing or refinancing thereof. “Purchase Price” means, with respect to each Initial Asset Interest and Title Transfer Asset, an amount equal to the sum of (i) the Initial Appraised Value of the Initial Assets 29 corresponding to such Initial Asset Interest or Title Transfer Asset, as applicable, and (ii) the net book value of the Related Assets on such Delivery Date. “Related Assets” means, with respect to any Initial Asset, all of the following: (a) any Lease of such Initial Asset together with all related Lease Documents, (b) security deposits, letters of credit, advance payments and any other property provided by the Lessee of such Initial Asset as security for the payment and performance of the obligations of such Lessee under the Lease of such Initial Asset, (c) any agreement or warranty relating to such Initial Asset with or from (i) the manufacturer of such Initial Asset or any part thereto, (ii) each predecessor owner (other than the manufacturer) of such Initial Asset and each immediately succeeding owner up to and including the Initial Asset Trust or the relevant Title Transferor, as applicable, owning such Initial Asset as of the applicable Delivery Date, and (iii) each predecessor lessor of the Lease of such Initial Asset and each immediately succeeding lessor up to and including the Initial Asset Trust or the relevant Title Transferor, as applicable, owning such Initial Asset as of the applicable Delivery Date, as amended and supplemented through the applicable Delivery Date, (d) all Technical Records, (e) all income payments and proceeds of the foregoing in connection with any substitution, release or disposition, (f) any goodwill associated with such Initial Asset, and (g) any management services agreement relating to such Initial Asset or any right to receive management services in respect of such Initial Asset. “Retained Rights” has the meaning specified in Section 2.01(a). “Supplemental Disclosure Letter” means a letter from Xxxxxx to WEST dated as of a Delivery Date setting out certain information as at such date. “Technical Records” means, with respect to any Initial Asset, all logs, technical data, manuals and maintenance and historical records and inspection reports relating t...
Prior Mortgages means (i) the Mortgage, Security Agreement and Financing Statement, dated July 10, 2013, between the Company and the Purchasers in which the Company granted a lien in certain oil and gas mining leases and leasehold estates in Kansas to the Purchasers as described therein and (ii) the Mortgage, Security Agreement and Financing Statement, dated November 26, 2013, between the Company and the Purchasers in which the Company granted a lien in certain oil and gas mining leases and leasehold estates in Kansas to the Purchasers as described therein, as such may have been amended from time to time.
Prior Mortgages means (i) the Mortgage, Security Agreement and Financing Statement, dated July 10, 2013, between the Company and the Purchasers in which the Company granted a lien in certain oil and gas mining leases and leasehold estates in Kansas to the Purchasers as described therein, (ii) the Mortgage, Security Agreement and Financing Statement, dated November 26, 2013, between the Company and the Purchasers in which the Company granted a lien in certain oil and gas mining leases and leasehold estates in Kansas to the Purchasers as described therein, as such may have been amended from time to time, and (iii) the New and Amended Mortgage, Security Agreement and Financing Statement, dated May 29, 2014, pursuant to which the Company conveyed a mortgage to the Creditor (as defined therein) on certain leases and leasehold estates in Kansas, which mortgage has been filed in the Register of Deeds in Woodson County in Kansas on June 5, 2014 and recorded in Book M117 at Page 97.