Real Estate Mortgage Loan definition

Real Estate Mortgage Loan means loans or notes secured by a first lien on real estate upon which is located one or more commercial structures.
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Real Estate Mortgage Loan means the mortgage loan secured by PCT’s real estate in Allendale, New Jersey with a principal balance of approximately $2.9 million as of July 31, 2010 due to TD Bank.
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Real Estate Mortgage Loan shall have the meaning given that term in Section 2 of this Agreement.
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Examples of Real Estate Mortgage Loan in a sentence

  • Braze maintains separate development, staging (or sandbox), user acceptance testing, and production environments access to each environment and within each environment is strictly controlled.Access to Braze’s servers is controlled via revocable SSH keys managed via configuration management and rotated at least annually.

  • The Merger will not cause the Real Estate Mortgage Loan to be taxable or violate any rules or regulations of the New Jersey Economic Development Authority.

  • As of the Closing Date, the Company will have no indebtedness for borrowed money outstanding, except the Real Estate Mortgage Loan, which shall be paid as provided in §6(d).

  • The Real Estate Mortgage Loan shall mature ten (10) years from the date of its origination.

  • MOTION: Commissioner Welch moved to approve Resolution 18-09, Minneapolis Water Resources Management Plan.

  • Lender and Borrower expressly acknowledge that the collateral pledged to Lender under the Real Estate Mortgage Loan shall not in any way secure the Line Loan or the Term Loan or the Borrower's obligations under the Line Loan or the Term Loan.

  • To the extent that (i) the Real Estate Mortgage Loan bears interest by reference to the (a) Prime Rate, or (b) the LIBOR Rate, the Borrower shall make monthly payments of interest on the outstanding principal balance of the Real Estate Mortgage Loan plus payments of principal, each such monthly principal payment to be in the amount of Sixty-Six Thousand Six Hundred Sixty-Six Dollars and Sixty-Seven Cents ($66,666.67).

  • The Real Estate Mortgage Loan is more particularly defined in Section 1.ad.

  • The Committee held a hearing on January 25, 2011, on Congressional consideration of the trade agreements with Colombia, Panama, and South Korea, and the benefits these agreements will bring to American businesses, farmers, workers, consumers, and the U.S. economy.

  • The Borrower shall not use the proceeds of the Real Estate Mortgage Loan for purchasing or carrying any “margin stock” as such term is defined in Regulation U of the Board of Governors of the Federal Reserve System.


More Definitions of Real Estate Mortgage Loan

Real Estate Mortgage Loan in the original principal amount of Eight Million Dollars ($8,000,000.00) to finance certain real estate located at One Innovation Way, Merrimack, New Hampshire (the “Mortgaged Premises”). The Real Estate Mortgage Loan shall be secured by a mortgage (the “Mortgage”) of the Mortgaged Premises. The Real Estate Mortgage Loan shall be for a term of ten (10) years and will require monthly payments of principal and interest, all as more fully set forth below and in the Related Agreements.
Sample 1
Real Estate Mortgage Loan means the real estate mortgage loan on the Company’s Littleton, Colorado headquarters building and property which has a currently outstanding principal balance of One Million Three Hundred Twenty Two Thousand Dollars ($1,322,000) as of December 31, 2007 payable to American Life Insurance Company at an interest rate per annum of 6.7% maturing May 26, 2014.
Sample 1
Real Estate Mortgage Loan means that certain construction/term loan made by Lender to Borrower in the principal amount of $3,375,000.00, as evidenced by a Promissory Note in said amount dated August 14, 1995, which is attached hereto as Exhibit "D" and made a part hereof, for the purpose of constructing an office/manufacturing facility, including leasehold improvements in which the Borrower conducts its business.
Sample 1
Real Estate Mortgage Loan set forth in Section 1.ae. of the Credit Agreement is deleted in its entirety and replacex xx the following definition:
Sample 1
Real Estate Mortgage Loan means that certain construction/term loan made by Lender to Borrower in the principal amount of $3,375,000.00, as evidenced by a Promissory Note in said amount dated August 14, 1995, which is attached to the Credit Agreement as Exhibit "D" and made a part hereof, for the purpose of constructing an office/manufacturing facility, including leasehold improvements in which the Borrower conducts its business, that certain construction/term loan made by Lender to Borrower in the principal amount of $4,500,000.00, as evidenced by a Promissory Note in said amount dated February 18, 1999, which is attached to the Second Amendment as Exhibit "D-1" and made a part hereof, for the purpose of constructing a second office/manufacturing facility, including leasehold improvements, in which the Borrower will conduct its business, and that certain term loan to be made by Lender to Borrower in the principal amount of $700,000.00, as evidenced by a Promissory Note in said amount to be dated on or about May 27, 1999, which is attached to the Third Amendment as Exhibit "E" and made a part hereof, for the purpose of acquiring real estate for the future expansion of the Borrower's business.
Sample 1

Related to Real Estate Mortgage Loan

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

  • REAL ESTATE MORTGAGE INVESTMENT CONDUIT (A "REMIC") AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). [FOR SUBORDINATE CERTIFICATES][THIS CERTIFICATE IS SUBORDINATE TO ONE OR MORE CLASSES OF CERTIFICATES OF THE SAME SERIES AS AND TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.] [FOR PRINCIPAL BALANCE CERTIFICATES][THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE.] [FOR CLASS X-1 AND CLASS X-2 CERTIFICATES][THE OUTSTANDING CERTIFICATE NOTIONAL AMOUNT HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE. THIS CERTIFICATE DOES NOT HAVE A CERTIFICATE PRINCIPAL BALANCE AND WILL NOT ENTITLE THE HOLDER HEREOF TO DISTRIBUTIONS OF PRINCIPAL.] [FOR REGULATION S GLOBAL CERTIFICATES][PRIOR TO THE DATE THAT IS 40 DAYS AFTER THE LATER OF (A) THE CLOSING DATE AND (B) THE COMMENCEMENT OF THE INITIAL OFFERING OF THE CERTIFICATES IN RELIANCE ON REGULATION S, THIS CERTIFICATE MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED IN THE UNITED STATES OR TO A U.S. PERSON EXCEPT PURSUANT TO AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED. NO BENEFICIAL OWNERS OF THIS CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENT OF PRINCIPAL OR INTEREST HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.]

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

  • ARD Mortgage Loan Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the Mortgage Loan Schedule.

  • Jumbo Mortgage Loan Unless defined otherwise in the Transactions Terms Letter, a first lien Mortgage Loan (i) for which the original loan amount is greater than the applicable conventional conforming loan limits set by the Federal Housing Finance Authority in the jurisdiction where the related Mortgaged Property is located and (ii) which meets the transaction requirements set forth on Schedule 1 of the Transactions Terms Letter.

  • Group I Mortgage Loan A Mortgage Loan assigned to Loan Group I. All Group I Mortgage Loans have a principal balance at origination that conforms to Xxxxxxx Mac loan limits.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • REO Mortgage Loan Any Mortgage Loan which is not a Liquidated Loan and as to which the indebtedness evidenced by the related Mortgage Note is discharged and the related Mortgaged Property is held as part of the Trust Estate.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • Residential mortgage loan means any loan primarily for

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

  • Wet-Ink Mortgage Loan means a Mortgage Loan which Seller is selling to Buyer simultaneously with the origination thereof.

  • 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.

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

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

  • Premium Mortgage Loan Any Group 1 Premium Mortgage Loan or Group 2 Premium Mortgage Loan.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • Type 1 Mortgage Loan Any of the Mortgage Loans identified in Exhibit F-1 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, serviced under the WFHM Servicing Agreement and having a Mid-Month Receipt Period with respect to all types of Unscheduled Principal Receipts.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • MERS Mortgage Loan Any Mortgage Loan registered with MERS on the MERS System.

  • Balloon Mortgage Loan A Mortgage Loan that provides for the payment of the unamortized principal balance of such Mortgage Loan in a single payment at the maturity of such Mortgage Loan that is substantially greater than the preceding monthly payment.

  • Group II Mortgage Loan A Mortgage Loan assigned to Loan Group II with a Stated Principal Balance at origination that may or may not conform to Xxxxxx Mae and Xxxxxxx Mac loan limits.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.