First Mortgages definition

First Mortgages means all first priority ship mortgages, dated [●], 2016 in favor of the First Mortgagee covering the Vessels.

First Mortgages means the First Mortgage – Construction Financing and the First Mortgage – Permanent Financing.

First Mortgages or"First Mortgagee(s)" shall mean and refer to one having priority as to all of the other Mortgages or holders of Mortgages encumbering the same Lot, the Common Area or any other portions thereof. 1.33

Examples of First Mortgages in a sentence

• If requested by the Bank, Borrower shall furnish to the Bank a written report covering such matters regarding the Collateral as the Bank may require, including, without limitation: listings of First Mortgages and Securities and unpaid principal balances thereof; and certifications concerning the status of payments of First Mortgages and of taxes and Insurance on properties securing First Mortgages and Other Real Estate Related Collateral.

• External Transfers may be used for: • Transfers from your CFCU account to your account at another institution • Transfers from your account at other institutions to your CFCU account • Loan payments from another institution to your CFCU loans (with the exception of First Mortgages and Visa Credit Cards) External transfers cannot be used to transfer funds from an CFCU account to another CFCU account or loan.

• The SAFE Act requires financial institutions that originate mortgage loans (Home Equity Loans, Home Equity Lines of Credit, Mini Equity Loans and First Mortgages) to register with the Nationwide Licensing System & Registry (NMLS).

• The following provisions are for the benefit of holders, insurers, and guarantors of First Mortgages on Units in the Community.

• You may use External Transfers to transfer funds from another institution to make payments to your loans at CFCU with the exception of CFCU Visa Credit Cards and CFCU First Mortgages.

More Definitions of First Mortgages

First Mortgages means, two (2) or more First Mortgages or, as the context may require, all of the First Mortgages in respect of the Properties.

First Mortgages means the first priority mortgage and the deed of covenants collateral thereto executed or to be executed and recorded by the relevant Owner against each of the Units in the Bahamas Ship Register (or such other ship register acceptable to the Agent) in favour of the Agent as security for the obligations of the relevant Owner under the Finance Documents in relation to the Senior Facilities, in such form and substance the Agent may require.

First Mortgages means the English First Mortgages, the Scottish First Mortgages and the Northern Irish First Mortgages;

First Mortgages means the first priority mortgages from Borrowers to Lender pursuant to which Borrowers have conveyed the Properties as security for certain of the Obligations, namely, for each Individual Property, Borrower has conveyed to Lender a first priority Amended, Restated and Consolidated Mortgage and Security Agreement which secures the Note applicable to such Individual Property.

First Mortgages means each of the first priority mortgages to be executed and recorded by the relevant Borrowers against the First Vessels in the Bahamas Ship Registry in favour of the Agent (on behalf of the Finance Parties and the Swap Bank), in form and substance satisfactory to the Agent (on behalf of the Finance Parties and the Swap Bank). “First Vessels” means: a) M/V “Xxxxxx Xxxxxxxxx”, a 83,000 dwt OBO tanker built in 1993, with IMO number 9050084, registered in the name of BHOBO One in the Bahamas Ship Register;

First Mortgages means that document (or those documents) identified on Exhibit B hereto as a “First Mortgage” or a “First Deed of Trust” executed by Borrower and encumbering real property legally described in Exhibit C hereto.

First Mortgages mean, collectively, the Cleveland Electric First Mortgage and the Toledo Edison First Mortgage.