Closing Date Mortgaged Property Sample Clauses

Closing Date Mortgaged Property. 1. Comanche Peak nuclear facility, Somervell County and Hood County, Texas, owned by Luminant Generation Company LLC (“Luminant”).
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Closing Date Mortgaged Property. (i) Promptly, and in any event within 90 days after the Closing Date (or such longer period as the Administrative Agent may agree in its reasonable discretion), execute and deliver a first priority Mortgage (subject to Permitted Liens), in favor of the Administrative Agent, for the benefit of the Lenders, with respect to each Closing Date Mortgaged Property; and
Closing Date Mortgaged Property. With respect to each Closing Date Mortgaged Property, the Administrative Agent shall have received the following:
Closing Date Mortgaged Property. Those certain properties of El Paso E&P Company, L.P. (which entity will change its name to EP Energy E&P Company, L.P. following the Closing Date) and Crystal E&P Company, L.L.C. described in greater detail in a spreadsheet delivered by the Borrower to the Administrative Agent prior to the Closing Date (with such modifications thereto as the Borrower may make prior to the recording of the applicable Mortgages, provided that the Collateral Coverage Minimum is satisfied) and located in the following xxxxx and fields: FIELD NAME COUNTY STATE ALTAMONT BLUEBELL-SWD XXXXX DUCHESNE UT UINTAH UT ALTAMONT FIELD DUCHESNE UT UINTAH UT ALTAMONT OUTSIDE OPERATED DUCHESNE UT UINTAH UT ARKOMA - XXXXX XXXXXXX OK LEFLORE OK PITTSBURG OK ARKOMA - POTEAU LEFLORE OK ARKOMA OUTSIDE OPERATED BEAVER OK BECKHAM OK XXXXX OK HASKELL OK XXXXXXX OK LEFLORE OK PITTSBURG OK XXXXX OK B LONGSTREET HAYNESVILLE DE XXXX LA FIELD NAME COUNTY STATE PANOLA TX BALD PRAIRIE XXXXXXXXX TX BEAR CREEK BIENVILLE LA WEBSTER LA BLACK WARRIOR OUTSIDE OPERATED TUSCALOOSA AL XXX XXXX STARR TX ZAPATA TX BRANCH ACADIA LA BROOKWOOD JEFFERSON AL TUSCALOOSA AL BRUSHY CREEK LAVACA TX XXXXXXXXXX ZAPATA TX CORPUS CHRISTI NUECES TX DRY HOLLOW XXXXXX TX LAVACA TX EAGLE FORD CENTRAL LA SALLE TX EAGLE FORD NORTH LA SALLE TX EAGLE FORD SOUTH LA SALLE TX EAST TEXAS/NLA OTHER BIENVILLE LA XXXXXXXXX XX XXXXXXXX TX PANOLA TX ETX/NLA OUTSIDE OPER ANGELINA TX BIENVILLE LA FIELD NAME COUNTY STATE BOSSIER LA DE XXXX XX XXXXX TX UPSHUR TX XXXXXXX LA GRACELAND COLORADO TX HAYNESVILLE OUTSIDE OPER BOSSIER LA CADDO LA DE XXXX XX XXXXX FIELD DE XXXX XX XXXXX HAYNESVILLE DE XXXX LA HURRICANE CREEK XXXXXXXXXX LA XXXXXXXX XXXXXXX TX STARR TX XXXXXX XXXXX TX LAS COMITAS ZAPATA TX LOGANSPORT DE XXXX LA PANOLA TX LOGANSPORT HAYNESVILLE DE XXXX XX XXXXXXXXX XXXXXXXXXX LA LOST CREEK FAYETTE XX XXXXXX AL MIDDLE BOSSIER DE SOTO LA MONTE XXXXXXX XXXXXXX TX RBL Schedules - 9 FIELD NAME COUNTY STATE OUTSIDE OPERATED - EAST TX ORANGE TX OUTSIDE OPERATED MCCOOK XXXXXXX TX KLEBERG TX OUTSIDE OPERATED ROCKIES DUCHESNE UT LA PLATA CO OUTSIDE OPERATED XXXXXXXX XXXXXXXX TX XXXXXX TX XXXXX TX GOLIAD TX LAVACA TX SAN XXXXXXXX TX WHARTON TX PEP JASPER TX RENGER FIELD LAVACA TX XXXXXX XXXXXX TX SALT DRAW CROCKETT TX SHORT CREEK JEFFERSON AL SPEAKS LAVACA TX VACHERIE DOME BIENVILLE LA XXXXXXXXX XX XXXXXXX XX XXXXX OAK CREEK TUSCALOOSA AL XXXXXX XX XXXXX POINT EAST SAN XXXXXXXX TX RBL Schedules - 10 FIELD NAME COUNTY STATE WOLFCAMP CENTRAL CROCKETT TX WOL...

Related to Closing Date Mortgaged Property

  • Mortgaged Properties No Loan Party that is an owner of Mortgaged Property shall take any action that is reasonably likely to be the basis for termination, revocation or denial of any insurance coverage required to be maintained under such Loan Party’s respective Mortgage or that could be the basis for a defense to any claim under any Insurance Policy maintained in respect of the Premises, and each Loan Party shall otherwise comply in all material respects with all Insurance Requirements in respect of the Premises; provided, however, that each Loan Party may, at its own expense and after written notice to the Administrative Agent, (i) contest the applicability or enforceability of any such Insurance Requirements by appropriate legal proceedings, the prosecution of which does not constitute a basis for cancellation or revocation of any insurance coverage required under this Section 5.04 or (ii) cause the Insurance Policy containing any such Insurance Requirement to be replaced by a new policy complying with the provisions of this Section 5.04.

  • Mortgaged Property The real property securing repayment of the debt evidenced by a Mortgage Note.

  • Releases of Mortgaged Properties No Mortgage Note or Mortgage requires the mortgagee to release all or any material portion of the related Mortgaged Property from the lien of the related Mortgage except upon (i) payment in full of all amounts due under the related Mortgage Loan or (ii) delivery of "government securities" within the meaning of Section 2(a)(16) of the Investment Company Act of 1940, as amended (the "Investment Company Act"), in connection with a defeasance of the related Mortgage Loan; provided that the Mortgage Loans that are Crossed Loans, and the other individual Mortgage Loans secured by multiple parcels, may require the respective mortgagee(s) to grant releases of portions of the related Mortgaged Property or the release of one or more related Mortgaged Properties upon (i) the satisfaction of certain legal and underwriting requirements or (ii) the payment of a release price in connection therewith; and provided, further, that certain Crossed Groups or individual Mortgage Loans secured by multiple parcels may permit the related Mortgagor to obtain the release of one or more of the related Mortgaged Properties by substituting comparable real estate property, subject to, among other conditions precedent, receipt of confirmation from each Rating Agency that such release and substitution will not result in a qualification, downgrade or withdrawal of any of its then-current ratings of the Certificates; and provided, further, that any Mortgage Loan may permit the unconditional release of one or more unimproved parcels of land to which the Seller did not give any material value in underwriting the Mortgage Loan.

  • Releases of Mortgaged Property Except as described in the next sentence, no Mortgage Note or Mortgage requires the mortgagee to release all or any material portion of the related Mortgaged Property that was included in the appraisal for such Mortgaged Property, and/or generates income from the lien of the related Mortgage except upon payment in full of all amounts due under the related Mortgage Loan or in connection with the defeasance provisions of the related Note and Mortgage. The Mortgages relating to those Mortgage Loans identified on Schedule A hereto require the mortgagee to grant releases of portions of the related Mortgaged Properties upon (a) the satisfaction of certain legal and underwriting requirements and/or (b) the payment of a predetermined or objectively determinable release price and prepayment consideration in connection therewith. Except as described in the first sentence hereof and for those Mortgage Loans identified on Schedule A, no Mortgage Loan permits the full or partial release or substitution of collateral unless the mortgagee or servicer can require the Borrower to provide an opinion of tax counsel to the effect that such release or substitution of collateral (a) would not constitute a "significant modification" of such Mortgage Loan within the meaning of Treas. Reg. ss.1.1001-3 and (b) would not cause such Mortgage Loan to fail to be a "qualified mortgage" within the meaning of Section 860G(a)(3)(A) of the Code.

  • Mortgaged Property Undamaged The Mortgaged Property is undamaged by waste, fire, earthquake or earth movement, windstorm, flood, tornado or other casualty so as to affect adversely the value of the Mortgaged Property as security for the Mortgage Loan or the use for which the premises were intended;

  • Occupancy of the Mortgaged Property As of the date of origination, the Mortgaged Property was lawfully occupied under applicable law;

  • Type of Mortgaged Property With respect to a Mortgage Loan that is not a Co-op Loan and is not secured by an interest in a leasehold estate, the Mortgaged Property is a fee simple estate that consists of a single parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual residential condominium unit in a condominium project, or an individual unit in a planned unit development (or, with respect to each Co-op Loan, an individual unit in a residential cooperative housing corporation); provided, however, that any condominium unit, planned unit development or residential cooperative housing corporation shall conform with the Underwriting Guidelines. No portion of the Mortgaged Property (or underlying Mortgaged Property, in the case of a Co-op Loan) is used for commercial purposes, and since the date of origination, no portion of the Mortgaged Property has been used for commercial purposes; provided, that Mortgaged Properties which contain a home office shall not be considered as being used for commercial purposes as long as the Mortgaged Property has not been altered for commercial purposes and is not storing any chemicals or raw materials other than those commonly used for homeowner repair, maintenance and/or household purposes. None of the Mortgaged Properties are Manufactured Homes, log homes, mobile homes, geodesic domes or other unique property types. This representation and warranty is a Deemed Material and Adverse Representation;;

  • The Mortgage Pool The Series ____-__ Certificates shall evidence the entire beneficial ownership interest in a mortgage pool (the "Mortgage Pool") of conventional, fixed rate, fully amortizing one- to four-family residential mortgage loans (the "Mortgage Loans") having the following characteristics as of ________ __, ____ (the "Cut-off Date"):

  • Location and Type of Mortgaged Property The Mortgaged Property is a fee simple property located in the state identified in the related Mortgage Loan Schedule, except that with respect to real property located in jurisdictions in which the use of leasehold estates for residential properties is a widely-accepted practice, the Mortgaged Property may be a leasehold estate, and consists of a single parcel of real property with a detached single family residence erected thereon, or a two- to four-family dwelling, or an individual residential condominium unit in a condominium project, or an individual unit in a planned unit development and that no residence or dwelling is a mobile home; provided, however, that any condominium unit or planned unit development shall not fall within any of the "Ineligible Projects" of part XII, Section 102 of the Fannie Mae Selling Guide and shall conform with the Underwriting Guidelxxxx. In the case of any Mortgaged Properties that are manufactured homes (a "Manufactured Home Mortgage Loans"), (i) such Manufactured Home Mortgage Loan conforms with the applicable Fannie Mae or Freddie Mac requirements regarding mortgage loans related xx xxnxxxcturxx xxxxlings, (ii) the related manufactured dwelling is permanently affixed to the land, (iii) the related manufactured dwelling and the related land are subject to a Mortgage properly filed in the appropriate public recording office and naming Seller as mortgagee, (iv) the applicable laws of the jurisdiction in which the related Mortgaged Property is located will deem the manufactured dwelling located on such Mortgaged Property to be a part of the real property on which such dwelling is located, and (v) such Manufactured Home Mortgage Loan is (x) a qualified mortgage under Section 860G(a)(3) of the Internal Revenue Code of 1986, as amended, and (y) secured by manufactured housing treated as a single family residence under Section 25(e)(10) of the Code. As of the date of origination, no portion of the Mortgaged Property was used for commercial purposes, and since the date of origination, no portion of the Mortgaged Property has been used for commercial purposes; provided, that Mortgaged Properties which contain a home office shall not be considered as being used for commercial purposes as long as the Mortgaged Property has not been altered for commercial purposes and is not storing any chemicals or raw materials other than those commonly used for homeowner repair, maintenance and/or household purposes;

  • Entry on Mortgaged Property Enter the Mortgaged Property and take exclusive possession thereof and of all books, records and accounts relating thereto or located thereon. If Mortgagor remains in possession of the Mortgaged Property following the occurrence and during the continuance of an Event of Default and without Mortgagee’s prior written consent, Mortgagee may invoke any legal remedies to dispossess Mortgagor.

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