Fee Mortgage definition

Fee Mortgage. Any mortgage, pledge agreement, security agreement, assignment of leases and rents, fixture filing or similar document creating or evidencing a lien on Landlord’s interest in the Leased Property or any portion thereof (or an indirect interest therein, including without limitation, a lien on direct or indirect interests in Landlord) in accordance with the provisions of Article XXXI hereof.

Fee Mortgage. As defined in Section 20.3.

Fee Mortgage means any Mortgage that encumbers all or part of the Fee Estate. “FF&E” means all movable furniture, furnishings, equipment, and personal property (excluding Building Equipment) that may be removed without material damage to the Premises and without adversely affecting: (a) the structural integrity of the Premises; (b) any electrical, plumbing, mechanical, or other system in the Premises; (c) the present or future operation of any such system; or (d) the present or future provision of any utility service to the Premises. FF&E includes items such as hospital equipment, furniture, movable equipment, telephone, telecommunications and facsimile transmission equipment, point of sale equipment, televisions, radios, network racks, and computer systems and peripherals.

Examples of Fee Mortgage in a sentence

• Landlord shall not have any right to execute, deliver or record a Fee Mortgage during the Term of this Lease.

• Landlord represents and warrants that no Fee Mortgage exists as of the Commencement Date.

• They may, however, reluc- tantly tolerate a prior Fee Mortgage if Fee Mortgagee ‘‘joins in’’ the Lease when the parties sign it—a joinder in the pres- ent creation of a property interest rather than an ‘‘executo- ry’’ promise to do something later.

• Any Fee Mortgage hereafter covering Landlord’s interest in the Fee Estate shall be subject to this Lease.

• Landlord may mortgage its fee interest in the Premises, unless Xxxxxxxx has granted a Subjected Fee Mortgage which is outstanding; provided that any such mortgage meets the requirements of this Lease, including Section 15.15.

More Definitions of Fee Mortgage

Fee Mortgage means any mortgage, deed of trust, deed to secure debt, assignment, security interest, pledge, financing statement or other instrument(s) or agreement(s) intended to grant security for any obligation encumbering the Fee Estate as entered into, renewed, modified, amended, extended or assigned from time to time during the Term.

Fee Mortgage. Any first lien mortgage, deed of trust, deed to secure debt or other security instrument.

Fee Mortgage means, collectively, any mortgage which does not constitute a Superior Mortgage and which encumbers the Land and all renewals, modifications, replacements, substitutions, supplements, extensions, spreaders, and consolidations thereof.

Fee Mortgage is defined in Section 17.1 hereof.

Fee Mortgage means any mortgage, deed to secure debt, deed of trust, trust deed or other conveyance of, or lien or encumbrance against, fee simple title to the Site and/or Premises (or any portion thereof) as security for any debt, whether now existing or hereafter arising or created.

Fee Mortgage means a deed of trust or mortgage executed by Landlord covering the fee title to the tract or parcel of land comprising the Property.

Fee Mortgage. Any mortgage, pledge agreement, security agreement, assignment of leases and rents, fixture filing or similar document creating or evidencing a lien on Owner’s interest (which interest may be fee or leasehold) in the Golf Courses or any portion thereof (or an indirect interest therein, including without limitation, a lien on direct or indirect interests in Owner) in accordance with the provisions of Article XXII hereof.