Security Instrument Costs definition

Security Instrument Costs means, with respect to any Security Instrument, all fees, premiums, expenses and similar costs, other than Security Instrument Repayment Obligations, required to be paid to a Security Instrument Issuer pursuant to a Security Instrument Agreement or the Supplemental Indenture authorizing the use of such Security Instrument. Such Security Instrument Agreement or Supplemental Indenture shall specify any fees, premiums, expenses, and costs constituting Security Instrument Costs.
Security Instrument Costs means, with respect to any Security Instrument, all fees, premiums, expenses and similar costs, other than Security Instrument Repayment Obligations, required to be paid to a Security Instrument Issuer pursuant to a Security Instrument Agreement
Security Instrument Costs means, with respect to any Security Instrument, all fees, premiums, expenses and similar costs, other than Security Instrument Repayment Obligations, required to be paid to a Security Instrument Issuer pursuant to a Security Instrument Agreement or the Supplemental Indenture authorizing the use of such Security Instrument. Such Security Instrument Agreement or Supplemental Indenture shall specify any fees, premiums, expenses and costs constituting Security Instrument Costs. Security Instrument Issuer

Examples of Security Instrument Costs in a sentence

  • Upon dissolution of the Authority, after payment in full of the Bonds (or provision for payment thereof having been made in accordance with the provisions of the Indenture) and payment in full of other obligations of the Authority, Security Instrument Costs, Security Instrument Repayment Obligations, Reserve Instrument Costs and Reserve Instrument Repayment Obligations any assets and net earnings of the Authority shall be paid to the Board in accordance with the Building Authority Act.

  • Payment of any other costs and expenses relating to a Project, including Security Instrument Costs, Reserve Instrument Costs and fees and expenses of the Trustee during the acquisition, construction, reconstruction, modification or improvement of a Project.

  • The Tender Agent shall comply with the procedures set forth in the Liquidity Facility relating to the termination thereof, including payment to the Liquidity Facility Provider of all Series 2007 Security Instrument Costs and all Series 2007 Security Instrument Repayment Obligations at or prior to such termination, and shall deliver any certificates reducing the stated amount of the Liquidity Facility in accordance with the provisions thereof.


More Definitions of Security Instrument Costs

Security Instrument Costs means all fees, premiums, expenses and similar costs, other than Security Instru- ment Repayment Obligations, required to be paid to a Security Instrument Issuer pursuant to a Security Instrument Agreement. Each Security Instrument Agreement shall specify the fees, premiums, expenses and costs constituting Security Instrument Costs.

Related to Security Instrument Costs

  • Security Instrument means the multifamily mortgage, deed to secure debt or deed of trust effective as of the effective date of this Note, from Borrower to or for the benefit of Lender and securing this Note.

  • Deed of Trust means this Deed of Trust, Assignment, Security Agreement and Fixture Filing, as the same may from time to time be extended, amended, restated, supplemented or otherwise modified.

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Security Agreement With respect to a Cooperative Loan, the agreement creating a security interest in favor of the originator in the related Cooperative Stock.

  • Prior Loan Agreement is defined in Recital A.

  • Second Mortgage means a mortgage from which the proceeds of a loan or other extension of credit made by a third person are secured by a mortgage on the real property for which the mortgagor has used the proceeds of the loan or other extension of credit to pay all or part of the purchase price of the property.

  • Collateral has the meaning set forth in Section 2.