Examples of Superior Lien in a sentence

Notwithstanding the foregoing, Tenant will execute, acknowledge and deliver to Landlord, within 20 days after written demand by Landlord, such documents as may be reasonably requested by Landlord or the holder of any Superior Lien to confirm or effect any such subordination.
The Company is authorized, without the prior approval of the Purchaser, to consent to the refinancing of any Superior Lien on a Mortgaged Property, provided, that the resulting Combined Loan-to-Value Ratio of such Mortgage Loan is no higher than the Combined Loan-to-Value Ratio prior to such refinancing.
BORROWER may not refinance the Superior Lien for the purpose of taking equity out of the premises so long as this Mortgage remains unpaid.
Notwithstanding the foregoing, Xxxxxx will execute, acknowledge and deliver to Lessor, within twenty (20) days after written demand by Lessor, such documents as may be reasonably requested by Lessor or the holder of any Superior Lien to confirm or effect any such subordination, provided such document contains a commercially reasonable non-disturbance provision in favor of Xxxxxx.
Landlord shall, within thirty (30) days after the date of mutual execution of this Lease obtain a SNDA from the holder of any Superior Lien existing as of the date of mutual execution of this Lease (“Existing Lender SNDA”).

More Definitions of Superior Lien

Superior Lien. With respect to any Second Lien Mortgage Loan, any other mortgage loan relating to the corresponding Mortgaged Property that creates a lien on the Mortgaged Property that is senior to such Second Lien Mortgage Loan. Third-Party Originator: Each Person, other than a Qualified Correspondent, that originated Mortgage Loans acquired by the Company. Time$aver(R) Mortgage Loan: A Mortgage Loan which has been refinanced pursuant to a Company program that allows a rate/term refinance of an existing Company serviced loan with minimal documentation. Transfer Date: The 18th calendar day of each month, or, if such day is not a Business Day, the next succeeding Business Day. Each transfer of servicing on a Transfer Date shall be deemed to be effective immediately following the close of business on such Transfer Date.

Superior Lien. Not applicable.

Superior Lien. With respect to any second lien Mortgage Loan, any other mortgage loan relating to the corresponding Mortgaged Property that creates a lien on the Mortgaged Property that is senior to such Mortgage Loan. Transfer Date: The 18th calendar day of each month, or, if such day is not a Business Day, the next succeeding Business Day. Each transfer of servicing on a Transfer Date shall be deemed to be effective immediately following the close of business on such Transfer Date.

Superior Lien. With respect to any Mortgage Loan which is secured by other than a first priority lien, the mortgage loan(s) relating to the corresponding Mortgaged Property having a superior priority lien.

Superior Lien. With respect to any Home Loan which is secured by a lien ------------- other than a first priority lien, the mortgage loan(s) relating to the corresponding Mortgaged Property having a superior priority lien. Tax Return: The federal income tax return on Internal Revenue Service ---------- Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed on behalf of the Trust due to its classification as a REMIC under the REMIC Provisions, together with any and all other information, reports or returns that may be required to be furnished to the Certificateholders or filed with the Internal Revenue Service or any other governmental taxing authority under any applicable provisions of federal, state or local tax laws.

Superior Lien shall have the meaning given to such term in Section 10.6.

Superior Lien. With respect to any Second Lien Mortgage Loan, any other mortgage loan relating to the corresponding Mortgaged Property which creates a lien on the Mortgaged Property which is senior to the Second Lien Mortgage Loan. Aurora Servicing Agreement