Examples of Seller Mortgage in a sentence

The agreement of Seller to sell to Purchaser and of Purchaser to purchase from Seller, Mortgage Loans on a particular Closing Date shall be evidenced by the execution of a Purchase Price and Terms Letter.
The consideration (the "Aggregate Purchase Price") for the Mortgage Loans shall consist of a cash amount, payable in immediately available funds, as reflected on the settlement statement agreed to by the Seller and the Purchaser, which amount shall include interest accrued on the Seller Mortgage Loan Balance for the period from and including the Cut-off Date up to but not including the Closing Date.
By submitting a Seller Mortgage Loan Schedule, Seller hereby agrees that it shall be deemed to have made all of the representations and warranties set forth in the form of Transaction Notice attached as Exhibit C hereto.
For purposes of this Agreement, the following terms shall have the respective meanings set forth below: Custom Loan Information: Such information regarding the Mortgage Loans as is disseminated by any Underwriter to a potential investor, exclusive of any Seller Mortgage Loan Information (in the form provided by the Depositor) and information included in the Preliminary Term Sheet.
The agreement of the Seller to sell to the Purchaser, and of the Purchaser to purchase from the Seller, Mortgage Loans on a particular Closing Date shall be evidenced by the execution of a Purchase Price and Terms Letter.

More Definitions of Seller Mortgage

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

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 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 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.

Seller Mortgage shall have the meaning assigned thereto in Section 2.2.

Seller Mortgage means the Mortgage Deed , Assignment of Leases and Security Agreement dated June 30, 1998 executed by Second Borrower in favor of Geraxx X. Xxxxxx, Xxmex X. Xxxxxx xxx Michxxx X. Xxxxxx xx secure the Seller Note covering the real property of Second Borrower located at 17 and 21 Sxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxxxxxx.