Project Company Mortgage definition

Project Company Mortgage means, collectively, the (a) the Mortgage, Security Agreement, Assignment of Production, Financing Statement (Moving and Personal Property including Hydrocarbons) and Fixture Filing dated as of March 2, 2004 by the Borrower to JEDI and (b) the Deed of Trust, Security Agreement, Assignment of Production, Financing Statement (Moving and Personal Property including Hydrocarbons) and Fixture Filing dated as of March 2, 2004 by the Borrower to JEDI, copies of which have been delivered to the Administrative Agent and which shall only encumber the JEDI Collateral.
Sample 1Sample 2
Project Company Mortgage means, collectively, (a) the Mortgage, Security Agreement, Assignment of Production, Financing Statement (Moving and Personal Property including Hydrocarbons) and Fixture Filing dated as of March 2, 2004 by the Parent to JEDI, (b) the Deed of Trust, Security Agreement, Assignment of Production, Financing Statement (Moving and Personal Property including Hydrocarbons) and Fixture Filing dated as of March 2, 2004 by the Parent to JEDI, and (c) any other mortgage or deed of trust given to JEDI in replacement of the mortgage or deed of trust described in clause (a) or (b) above.
Sample 1Sample 2
Project Company Mortgage means, collectively, the (a) the Mortgage, Security Agreement, Assignment of Production, Financing Statement (Moving and Personal Property including Hydrocarbons) and Fixture Filing dated as of March 2, 2004 by the Borrower to JEDI, (b) the Deed of Trust, Security Agreement, Assignment of Production, Financing Statement (Moving and Personal Property including Hydrocarbons) and Fixture Filing dated as of March 2, 2004 by the Borrower to JEDI, and (c) any other mortgage or deed of trust given to JEDI solely in replacement of the mortgage or deed of trust described in clause (a) or (b) above and given by any Wholly-Owned Subsidiary that acquired the JEDI Collateral in accordance with Section 6.04 of this Agreement, and, in case of clause (a), (b) and (c) above, copies of which have been delivered to the Administrative Agent and which shall only encumber the JEDI Collateral.
Sample 1Sample 2

Examples of Project Company Mortgage in a sentence

  • The Borrower shall, and shall cause each Subsidiary to, grant to the Administrative Agent an Acceptable Security Interest in all Proven Reserves and all personal Property of the Borrower or any Subsidiary now owned or hereafter acquired promptly after receipt of a written request from the Administrative Agent, excluding, however, while the Project Company Note is outstanding, the Property encumbered under the Project Company Mortgage.

  • Project Company Note Project Company Mortgage Drilling program described in the Merger Agreement Indemnity obligations of Enron Corp and JEDI under the Merger Agreement SCHEDULE 4.05(a) UNDISCLOSED LIABILITIES Liability of Mariner Energy, Inc.

  • The Borrower shall not amend, modify or supplement the Project Company Note or the Project Company Mortgage without the consent of the Required Lenders.

  • The Borrowers shall use the proceeds of the Advances and the Tranche A Letters of Credit only (a) to refinance Debt outstanding on the Closing Date, including Debt under the FERI Credit Agreement, the Project Company Note and the Project Company Mortgage, (b) to satisfy obligations with respect to the Subsidiary Merger Completion, and (c) for general corporate purposes.

  • The Borrowers shall use the proceeds of the Advances and the Tranche A Letters of Credit only (a) to refinance Debt outstanding on the Closing Date, including Debt under the FERI Credit Agreement, the Project Company Note and the Project Company Mortgage, (b) to satisfy obligations with respect to the Subsidiary Merger Completion, (c) to fund the MGOM Purchase, as defined in the Amendment No. 5, and (d) for general corporate purposes.

Related to Project Company Mortgage

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Project Company means Company incorporated by the bidder as per Indian Laws in accordance with Clause no 3.5.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Primary Mortgage Insurance Insurance obtained from a Primary Mortgage Insurer which insures the holder of a Mortgage Note against loss in the event the related Borrower defaults under such Mortgage Note or the related Security Instrument, including all riders and endorsements thereto.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • Condominium Corporation means a condominium or strata corporation established under Provincial Legislation.

  • Facility Mortgage As defined in Section 13.1.

  • Environmental Infrastructure Facilities means Wastewater Treatment Facilities, Stormwater Management Facilities or Water Supply Facilities (as such terms are defined in the Regulations).

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Condominium Documents means the master deed, recorded pursuant to this act, and any other instrument referred to in the master deed or bylaws which affects the rights and obligations of a co-owner in the condominium.

  • Project Companies means all Group Project Companies and Non-Group Project Companies together, each being a “Project Company”.

  • Reverse mortgage means a nonrecourse loan under which both of the following apply:

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

  • Mortgage Documents With respect to each Mortgage Loan, the mortgage documents required to be delivered to the Custodian pursuant to each Custodial Agreement.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

  • Mortgage Group Either of Group One or Group Two.

  • Actual/360 Mortgage Loan A Mortgage Loan that accrues interest on an Actual/360 Basis.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.