Seller Mortgage definition

Seller Mortgage means any mortgage or deed of trust granted or assumed by Seller and encumbering the Property or any portion thereof.

Seller Mortgage has the meaning set forth in Section 3.05.

Seller Mortgage means the Indenture of Mortgage, dated as of December 1, --------------- 1940, executed by Sierra Pacific Power Company, as supplemented and amended to the date hereof, in favor of The New England Trust Company and Xxx X. Xxxxxx (State Street Bank and Trust Company and Xxxxxx X. Xxxxxxx, by succession), as trustees, as the same may be further amended and supplemented from time to time.

Examples of Seller Mortgage in a sentence

• The Seller Mortgage Variable Rate is, as at the date of this Prospectus, equal to 4.99 per cent.

• Mortgage Purchase Agreement: That agreement between the Agency and the Seller under which the Agency agrees to purchase from the Seller Mortgage Loans in accordance with the Seller's Guide and applicable Term Sheet.

• For example, while the US does not produce sufficient oil to meet their domestic demand, they still export oil (see Table 2.5).

• At the end of any fixed period, generally the Loans may convert to Variable Rate Loans or remain as Tracker Rate Loans.• Discount Rate Loans: Loans which allow the Borrower, for a set period of time or for the life of the Loan, to pay interest at a specified discount to the Seller Standard Variable Rate, the Seller Mortgage Variable Rate or Issuer Variable Rate, as the case may be.

• Seller’s Solicitor to ask the Seller Mortgage Institution for the respective Redemption Amount.

More Definitions of Seller Mortgage

Seller Mortgage has the meaning set forth in Section 5.9(b). "Seller's Accountant" has the meaning set forth in Section 2.3(b). "Seller's Environmental Plan" means Seller's plan with respect to Remedial Action, if any, in connection with the Business Real Property as specifically set forth in the following documents, as such documents may be or have been from time to time modified, supplemented, superseded, or amended (with respect to the matters identified therein) as required by the LDEQ:

Seller Mortgage means the Deed of Trust executed and delivered by Seller and Borrower to secure the Loan, as described in Section 5.2(a) below.

Seller Mortgage means any monetary Encumbrance granted, assumed or taken subject to by any Seller (or any predecessor in interest to any Seller), including, without limitation any UCC Financing Statement, that encumbers any Seller’s interest in any of the Assets; excluding, however, subject to Section 3.4(b) through Section 3.4(d), the Financing Documents.

Seller Mortgage has the meaning set forth in Section 5.9(b).

Seller Mortgage has the meaning set forth in Section 3.05. "Servicer Default" means an event specified in Section 7.01 of the Servicing Agreement.

Seller Mortgage means the Mortgage and Security Agreement in the initial amount of $2,500,000 granted by AMK in favor of Dynamic Materials Corporation, a Delaware corporation, in the form attached hereto as Exhibit A, as security for amounts due under the Seller Note.

Seller Mortgage means any mortgage or deed of trust granted or assumed by Seller and encumbering the Property or any portion thereof. “Seller Parties” shall mean Seller and its shareholders, agents, officers, directors, trustees, advisors, managers, members, employees and counsel. “Seller Representations” shall mean the representations and warranties of Seller expressly set forth in Section 7.2. “Seller’s Title Election Period” shall have the meaning set forth in Section 4.1. “Study Period” shall mean the period commencing on the Effective Date and ending at 5:00 p.m., Houston, Texas time, on December 19, 2014. “Tenant” shall mean Lexicon Pharmaceuticals, Inc. “Title Company” shall mean Xxxxxxx Title Commercial, having an office address at 0000 Xxxx Xxx Xxxx, Xxxxx 000, Xxxxxxx, XX 00000, Attention: Xxxxx Xxxxx. “Title Documents” shall mean all documents referred to in the Title Commitment. “Title Objection Date” shall mean December 4, 2014. “Title Objection Notice” shall have the meaning set forth in Section 4.1. “Utility Deposits” shall mean all deposits made by or on behalf of Seller with the Persons providing water, sewer, gas, electricity, telephone and other utilities to the Real Property. ARTICLE 2