Third Mortgage means individually each third priority ship mortgage, and collectively “Third Mortgages” shall mean all the third priority ship mortgages, dated [●], 2016 in favor of the Third Mortgagee covering the Vessels. EXHIBIT E-1 FORM OF THIRD LIEN ASSIGNMENT OF EARNINGS AND INTERNAL CHARTER (this “Assignment”) [Name of Shipowner] Dated: February [●], 2016 [Name of Shipowner] with an address at: [●] (the “Assignor”), the owner of the vessel listed on Schedule I attached hereto (the “Vessel”), in consideration of One Dollar ($1.00) lawful money of the United States of America and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, has sold, assigned, transferred and set over, and by this instrument does sell, assign, transfer and set over unto U.S. Bank National Association, not in its individual capacity but solely as Third Lien Noteholder Collateral Agent pursuant to the terms of the Third Lien Indenture (in such capacity, the “Collateral Agent”, as assignee (together with its successors and permitted assigns, in such capacity, the “Assignee”)), to its own proper use and benefit and does hereby grant to the Assignee a security interest in all the right, title, interest, claim and demand of the Assignor in and to (i) all freights, hire and other moneys earned and to be earned, due or to become due, or paid or payable to, or for the account of, the Assignor, of whatsoever nature, arising out of or as a result of the use or operation (whether by Drilling Contract, Internal Charter, Permitted Third Party Charter or otherwise) by the Assignor or its agents of the Vessel, including, without limitation, all rights arising out of the owner’s lien on cargoes and subfreights thereunder, (ii) all moneys and claims for moneys due and to become due to the Assignor, and all claims for damages, arising out of the breach of any and all present and future Drilling Contracts, Internal Charters, Permitted Third Party Charters, contracts and operations of every kind whatsoever of the Vessel and in and to any and all claims and causes of action for money, loss or damages that may accrue or belong to the Assignor, its successors or assigns, arising out of or in any way connected with the present or future use or operation of the Vessel or arising out of or in any way connected with any and all present and future requisitions, Drilling Contracts, Internal Charters, Permitted Third Party Charters, contracts and other operations of the Vess...
Third Mortgage means individually each third priority ship mortgage, and collectively “Third Mortgages” shall mean all the third priority ship mortgages, dated [●], 2016 in favor of the Third Mortgagee covering the Vessels. EXHIBIT B ACCESSION AGREEMENT FOR THIRD LIEN ASSIGNMENT OF INSURANCES BY INTERNAL CHARTERERS ACCESSION AGREEMENT FOR THIRD LIEN ASSIGNMENT OF INSURANCES BY INTERNAL CHARTERERS, dated effective as of [●], 20[●] (this “Accession Agreement”), by [relevant assignor] (the “New Assignor”) and U.S. Bank National Association, as Third Lien Noteholder Collateral Agent (together with its successors and permitted assigns, in such capacity, the “Assignee”).
Third Mortgage means a subordinate Mortgage that is in third lien position, subordinate to a first lien position Mortgage and a Second Mortgage.
Examples of Third Mortgage in a sentence
Sources County Funds First Mortgage Financing Second Mortgage Financing Third Mortgage Financing Deferred Developer Fee Grants Equity – Partner’s Contribution Other: Other: Total Sources C.
Third Mortgage Loan: (i)Lender: (ii)Principal Balance$ (iii)Accrued Interest$ (iv)Maturity Date: (v)Other Information: Lender’s Point of Contact and Telephone #: Subtotal$ 4.Fourth Mortgage Loan: (i)Lender: (ii)Principal Balance$ (iii)Accrued Interest$ (iv)Maturity Date: (v)Other Information: Lender’s Point of Contact and Telephone #: Subtotal$ 5.
Fifth Third Mortgage Company, 5001 Kingsley Drive, Cincinnati, Ohio 45227 an Illinois Residential Mortgage Licensee.
The Third Mortgage matures on February 1, 2022, can be repaid before maturity without penalty and is secured by the mortgage property and building improvements.
Fifth Third Mortgage is the trade name used by Fifth Third Mortgage Company (NMLS #134100) and Fifth Third Mortgage-MI, LLC (NMLS #447141).
More Definitions of Third Mortgage
Third Mortgage means a Mortgage that constitutes a third Lien on the real property and improvements described in or covered by that Mortgage.
Third Mortgage. Federal Home Loan Bank of Pittsburgh will be in third lien position.
Third Mortgage and Assignment of Rents dated as of November 7, 2002, by and between Xxxxxx Xxxxx and Xxxxx Xxxxx (collectively, "Mortgagor"), and AP Hotels of Ohio, Inc. for $100,000.
Third Mortgage. The "Deed of Trust, Assignment of Leases and Rents, and Security Agreement" between the Partnership and Marriott International, Inc.
Third Mortgage. The Third Mortgage and Security Agreement and Assignment of Leases and Rents, dated as of June 10, 1991 from the Developer to ADCC and recorded in the Official Records of Hillsborough County, Orange County and Pinellas County, Florida, which secures all payment obligations of the Developer under the Standby Loan Agreement.
Third Mortgage means the interest in the Mortgaged Property creating a lien thereon third in priority only to the Mortgage and the Second Mortgage, and providing security for the Third Mortgage Loan.