RMI Borrower definition
RMI Borrower means the Borrower under the bank facilities granted by the Refinancing Mortgage Institution, which are secured by the Refinancing Mortgage.
Examples of RMI Borrower in a sentence
In connection with the Acquisition, in order to evidence the assumptions of the ▇▇▇▇▇▇ Mae RMI Liens by the SNH RMI Subsidiaries, each Initial RMI Borrower and its counterpart SNH RMI Subsidiary entered into a set of assumption and release agreements, and each SNH RMI Subsidiary, FNMAE and Tenant entered into a set of subordination, assignment and security agreements.
In connection with the Acquisition, in order to evidence the assumptions of the Fannie Mae RMI Liens by the SNH RMI Subsidiaries, each Initial RMI Borrower and its counterpart SNH RMI Subsidiary entered into a set of assumption and release agreements, and each SNH RMI Subsidiary, FNMAE and Tenant entered into a set of subordination, assignment and security agreements.