US Mortgage definition

US Mortgage means a mortgage, deed of trust or other security document granting a Lien on any Mortgaged Property owned by a U.S. Loan Party to secure the Obligations. Each U.S. Mortgage shall be reasonably satisfactory in form and substance to the Administrative Agent.
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US Mortgage means a mortgage, deed of trust, or other security document granting a Lien on any Mortgaged Property located in the United States, any State or province thereof or the District of Columbia to secure the Secured Obligations. Each Mortgage shall be substantially in the form attached as Exhibit I hereto or otherwise in form and substance approved by Administrative Agent in its reasonable discretion, or at Administrative Agent’s option, in the case of an Additional Mortgaged Property, an amendment to an existing Mortgage, in form satisfactory to the Administrative Agent in its reasonable discretion, adding such Additional Mortgaged Property to the real property encumbered by such existing Mortgage.
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US Mortgage means each Mortgage in respect of real property of a US Loan Party (it being agreed that each “Mortgage” entered into in connection with the Pre-Petition Term Loan Credit Agreement shall be a US Mortgage hereunder)..
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Examples of US Mortgage in a sentence

  • The Lender Agent may at any time specify that any US Mortgage Loans included in the applicable custodian’s exception report shall no longer constitute Eligible Assets.

  • The Obligors shall provide, as soon as practicable, prior written notice to the Lender Agent of any proposed Approved Additional Collateral (other than US Mortgage Loans) which they request to be added to the Qualifying Collateral.

  • The Lender Agent may, in its sole discretion, require updated data files of the US Mortgage Loans at any time.

  • Each Obligor shall promptly xxxx its books and records to indicate that all US Mortgage Loans included on a Mortgage Schedule have been pledged to the Lender Agent for so long as such US Mortgage Loan constitutes Collateral.

  • It is understood and agreed that the Lender Agent may adjust the Specified Percentage of all or a portion of the US Mortgage Loans in response to the exceptions described therein.


More Definitions of US Mortgage

US Mortgage. US Mortgage Corporation, a Nevada corporation, and its successors and assigns, in its capacity as servicer of the US Mortgage Serviced Mortgage Loans.
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US Mortgage means an agreement, including, but not limited to, a mortgage, deed of trust or any other document, creating and evidencing a Lien in favor of Collateral Agent on a U.S. Mortgaged Property, which shall be substantially in the form of Exhibit J-1, subject to the terms of the ABL Intercreditor Agreement, or other form reasonably satisfactory to Administrative Agent, in each case, with such schedules and including such provisions or other changes as shall be necessary to conform such document to applicable local or foreign law or as shall be customary under applicable local or foreign law.
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US Mortgage means an agreement, including, but not limited to, a mortgage, deed of trust or any other document, creating and evidencing a Lien in favor of Collateral Agent on a U.S. Mortgaged Property, which shall be substantially in the form of Exhibit I-1, subject to the terms of the Existing Intercreditor Agreement or the Intercreditor Agreement, as applicable, or other form reasonably satisfactory to Administrative Agent, in each case, with such schedules and including such provisions or other changes as shall be necessary to conform such document to applicable local or foreign law or as shall be customary under applicable local or foreign law.
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US Mortgage means a mortgage, deed of trust, assignment of leases and rents, leasehold mortgage or other security document (including any amendment, modification or supplement thereto) granting a Lien on any Mortgaged Property located in the United States of America or any state thereof to secure the U.S. Secured Obligations and/or the Canadian Secured Obligations, as the case may be. Each U.S. Mortgage shall be reasonably satisfactory in form and substance to the Administrative Agent.
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US Mortgage means the United States first preferred ship mortgage substantially in the form of Exhibit G-1;
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US Mortgage shall have the meaning assigned to such term in Section 3.20(c).
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US Mortgage means any Mortgage executed by a US Credit Party.
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