Mortgage Borrower Sample Clauses

Mortgage Borrower each Senior Mezzanine Borrower and each Junior Mezzanine Borrower shall have satisfied the requirements set forth in Section 8.8 of the Loan Agreement (Mortgage), Section 8.3 of each Senior Mezzanine Loan Agreement and Section 8.3 of each Junior Mezzanine Loan Agreement (as applicable), including, without limitation, delivery Mortgage Lender, each Senior Mezzanine Lender and Junior Mezzanine Lender (as applicable), as additional collateral for the Mortgage Loan, each Senior Mezzanine Loan and each Junior Mezzanine Loan (as applicable), a pledge of the interests of each limited partnership and each limited liability company general partner formed pursuant to Section 8.8 of the Loan Agreement (Mortgage), Section 8.3(a) of each Senior Mezzanine Loan Agreement, and Section 8.3(a) of each Junior Mezzanine Loan Agreement (as applicable);
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Mortgage Borrower. BROOKVIEW PARTNERS, L.P., a Texas limited partnership (SEAL) By: BROOKVIEW ASSOCIATES, L.L.C., a Texas limited liability company, its General Partner By: /s/ Xxxxx X. Xxxxxx -------------------------------------- Manager MEZZANINE BORROWERS: ------------------- XXXXXXXX CENTENNIAL PARTNERS, L.P., a Texas limited partnership (SEAL) By: XXXXXXXX CENTENNIAL, LLC, a Texas limited liability company, its General Partner By: /s/ Xxxxxx X. Xxxxx -------------------------------------- Manager ASHWOOD AMERICAN PARTNERS MC DALLAS, L.P., a Texas limited partnership (SEAL) By: A/A/ INVESTORS - MC DALLAS, LLC, a Texas limited liability company, its General Partner By: /s/ Xxxxx X. Xxxxxx -------------------------------------- Manager
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Mortgage Borrower. [Alt #2 - is][Alt #1 - and General Partner are collectively] referred to herein as the “Pledged Entity”, which term shall be construed in accordance with the definition of such term in the Mezzanine Loan Agreement.
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Mortgage Borrower or Mezzanine A Borrower “opts out” of Article 8 of the UCC;
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Mortgage Borrower. Mortgage Borrower 1 Principal, Mezzanine Borrower, Guarantor, Operating Lessee or Borrower filing an answer consenting to or otherwise acquiescing in or joining in any involuntary petition filed against it, by any other Person under the Bankruptcy Code or any other Federal or state bankruptcy or insolvency law, or soliciting or causing to be solicited petitioning creditors for any involuntary petition from any Person; (d) Mortgage Borrower, Mortgage Borrower 1 Principal, Mezzanine Borrower, Guarantor, Operating Lessee or Borrower consenting to or acquiescing in or joining in an application for the appointment of a custodian, receiver, trustee, or examiner for Mortgage Borrower, Mortgage Borrower 1 Principal, Mezzanine Borrower, Guarantor, Operating Lessee, Borrower or any portion of any Individual Property; (e)
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Mortgage Borrower. Mortgage Borrower 1 Principal, Mezzanine Borrower, Guarantor, Operating Lessee or Borrower making an assignment for the benefit of creditors, or admitting, in writing or in any legal proceeding, its insolvency or inability to pay its debts as they become due; (ii) if Mortgage Borrower, Mortgage Borrower 1 Principal, Mezzanine Borrower, Guarantor, Operating Lessee or Borrower fails to obtain Lender’s prior written consent to any Indebtedness or voluntary Lien encumbering any of the Properties, the Mezzanine Collateral, the Mortgage Collateral or the Collateral; or (iii) if Borrower fails to obtain Lender’s prior written consent to any Transfer as required by this Agreement.
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Related to Mortgage Borrower

  • Mortgagor The obligor on a Mortgage Note. ---------

  • Borrower The term “Borrower” as used herein shall include any new or successor corporation, association, partnership (general or limited), limited liability company, joint venture, trust or other individual or organization formed as a result of any merger, reorganization, sale, transfer, devise, gift or bequest of Borrower or any interest in Borrower.

  • Operating Lease Without Lender’s prior written consent, Borrower shall not permit Mortgage Borrower or Property Owner to (a) surrender, terminate or cancel the Operating Lease; (b) reduce or consent to the reduction of the term of the Operating Lease; (c) increase or consent to the increase of the amount of any charges under the Operating Lease; (d) modify, change, supplement, alter or amend the Operating Lease or waive or release any of Borrower’s or Property Owner’s rights and remedies under the Operating Lease, except as contemplated in connection with a Restructuring; or (e) waive, excuse, condone or in any way release or discharge Operating Lessee of or from Operating Lessee’s material obligations, covenants and/or conditions under the Operating Lease, except to the extent such Operating Lessee’s obligations are assumed in connection with a Restructuring. Notwithstanding the foregoing provisions of this Section 5.2.12 to the contrary, Borrower may cause or permit Mortgage Borrower and Property Owner to amend the Operating Lease without Lender’s prior written consent as follows: (i) in connection with a Release Prepayment, the Operating Lease shall be amended (or deemed amended) to (x) terminate the Operating Lease with respect to the applicable Released Property and (y) reduce the amount of Minimum Rent (as defined in the Operating Lease) by the amount of Minimum Rent allocable to such Released Property as set forth in the Operating Lease; (ii) increase or reduce the amount of Percentage Rent (as defined in the Operating Lease) payable under the Operating Lease; and (iii) increase or reduce the amount of Minimum Rent payable under the Operating Lease; provided, that in the case of an increase in Minimum Rent, such Minimum Rent shall only be increased to the then fair market value, based on transfer pricing studies conducted by an Independent CPA reasonably acceptable to Lender (any “Big 4” Independent CPA being deemed acceptable).

  • Property Manager Any entity that has been retained to perform and carry out property rental, leasing, operation and management services at one or more of the Properties, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or HFF, which consent may be withheld in the Owner’s sole discretion.

  • Pledge, Mortgage or Charge as Collateral for a Loan You may pledge, mortgage or charge your escrow securities to a financial institution as collateral for a loan, provided that no escrow securities or any share certificates or other evidence of escrow securities will be transferred or delivered by the Escrow Agent to the financial institution for this purpose. The loan agreement must provide that the escrow securities will remain in escrow if the lender realizes on the escrow securities to satisfy the loan.

  • Property Mortgaged Borrower does hereby irrevocably mortgage, grant, bargain, sell, pledge, assign, warrant, transfer and convey to Lender, and grant a security interest to Lender in, the following property, rights, interests and estates now owned, or hereafter acquired by Borrower (collectively, the "Property"):

  • Operating Leases Not permit the aggregate amount of all rental payments under Operating Leases made (or scheduled to be made) by the Loan Parties (on a consolidated basis) to exceed $1,000,000 in any Fiscal Year.

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

  • Condominium Documents Mezzanine Lender shall have received copies of all Condominium Documents;

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