Recognized Mortgagee definition

Recognized Mortgagee means the holder of a Recognized Mortgage.

Recognized Mortgagee has the meaning provided in Section 10.1(c) of this Agreement. "Reimbursement" has the meaning provided in Section 2.3 of this Agreement.

Recognized Mortgagee shall have the meaning set forth in the Unit Ground Lease.

Examples of Recognized Mortgagee in a sentence

• The Assignment of Construction Contract will be junior in priority to any similar assignment of the Construction Contract which may be delivered to any Recognized Mortgagee.

• Notwithstanding anything to the contrary contained in Section 11.4(b), such Recognized Mortgagee shall have thirty (30) days after the delivery of the termination notice referred to in Section 11.4(a) to request a new lease, and if such Recognized Mortgagee fails to request a new lease within such thirty (30) day period, then such Recognized Mortgagee's rights to enter into a new lease shall likewise terminate.

• Tenant shall also promptly furnish to Landlord copies of all of Tenant's operating statements and financial reports from time to time furnished to each Recognized Mortgagee.

• Notwithstanding anything to the contrary, if after the Recognized Mortgagee requests a new lease the Recognized Mortgagee is given notice of a material Default existing before the request for the new lease was made and which was not previously disclosed to the Recognized Mortgagee by a notice from Landlord, then at any time within ten (10) days after such notice is given, the assignee may relinquish possession of the Premises and cancel this Lease by notice to Landlord.

• Notwithstanding anything to the contrary contained in this Section 11.5, if a Recognized Mortgagee fails to elect to continue this Lease within the thirty (30) day period referred to in Section 11.5(a), then, subject to Section 11.54, this Lease shall terminate effective upon the expiration of such 30-day period.

More Definitions of Recognized Mortgagee

Recognized Mortgagee as the holder of a Recognized Mortgage and may include Related or an affiliate of Related  Permits Tenant to enter into one or more mezzanine loans  Requires Hotel manager to set aside funds for furniture, fixtures and equipment reserve account as follows: Lease Year %

Recognized Mortgagee means a mortgagee who has notified City that it is a Recognized Mortgagee and provided an address for notices.

Recognized Mortgagee means the holder of a Recognized Mortgage as defined in the Hotel Lease.

Recognized Mortgagee as defined in Section 13.01(d)(x).

Recognized Mortgagee has the meaning provided in Section 10.1(c) of this Agreement. "Reimbursement" has the meaning provided in Section 2.3 of this Agreement. "Replacement Fire Headquarters" has the meaning provided in Section 2.1(A)(2) of this Agreement.

Recognized Mortgagee has the meaning set forth in Section 18.2(a).

Recognized Mortgagee means the Lending Institution secured by a Recognized Mortgage.