Mortgagors Sample Clauses

Mortgagors. The Mortgagor with respect to each Mortgage Loan is one or more natural persons and/or trustees for an Illinois land trust or a trustee under a “living trust” and such “living trust” is in compliance with FNMA or Xxxxxxx Mac guidelines. In the event a Mortgagor is a trustee, the related borrower is a natural person; and
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Mortgagors. All of the terms of the related Mortgage Note pertaining to interest rate adjustments, payment adjustments and adjustments of the outstanding principal balance, if any, are enforceable and such adjustments will not affect the priority of the lien of the related Mortgage; all such adjustments on such Mortgage Loan have been made properly and in accordance with the provisions of such Mortgage Loan;
Mortgagors. The Borrower and the Accommodation Party confirm the grant, pledge and mortgage of the properties encumbered by the Mortgages, as and for continuing security for the obligations of the Borrower under the Loan Documents. The Borrower and the Accommodation Party warrant that the properties encumbered by the Mortgages are subject to no liens or encumbrances other than those set forth in the Mortgages.
Mortgagors. Each Mortgagor hereby confirms and repeats each of the representations and warranties made by it in clauses 3.1 and 3.2 of the Share Mortgage to which it is a party with reference to the facts and circumstances subsisting as at the date of this deed and as if references in those clauses to "this Mortgage" include this deed.
Mortgagors. The Borrower will not amend the articles of incorporation or bylaws of any of the Mortgagors, will not permit any additional stock in any Mortgagor to be issued and will not transfer, assign or pledge any stock in any Mortgagor except pursuant to the Pledge Agreements. The Borrower will not permit any Mortgagor to (i) enter into any additional Mortgage Debt Documents other than pursuant to transactions approved under ss.5.2 or (ii) materially amend, supplement or otherwise materially modify any Mortgage Debt Documents, in each case without the prior approval of the Agent.
Mortgagors. Sonic Force Limited (威音有限公司), Kingston Cxxxxxxx, PX Xxx 000, Xxxx Xxxx, Xxxxxxx, Xxxxxxx Xxxxxx Xxxxxxx Elite Vessels Limited, Kingston Cxxxxxxx, PO Box 173, Road Town, Tortola, British Virgin Islands Mortgagees: CMC ACE HOLDINGS LIMITED, c/o Codan Trust Company (Cayman) Limited, Cricket Square, Hxxxxxxx Drive, PX Xxx 0000, Xxxxx Xxxxxx, XX0-0000, Xxxxxx Xxxxxxx XxxxXxxxx Corporation, P.X. Xxx 000, Xxxxxx Xxxxx, KY1-1104, Grand Cayman, Cayman Islands.
Mortgagors. For each Mortgage Loan, the Seller or the Originator verified the identity of the Mortgagor using methods that comply with Applicable Requirements. To the Seller’s knowledge, no Mortgagor is, or at any time on or after the date the related Mortgage Note was executed has been, identified by the Office of Foreign Assets Control of the United States Department of Treasury as a specially designated national or blocked person.
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Mortgagors. Name of Entity Mortgaged Property Big Xxxxx 3 Power Company LLC (TX) Big Xxxxx coal fired facility, Freestone County, Texas, excluding mining properties Big Xxxxx Power Company LLC (TX) Big Xxxxx coal fired facility, Freestone County, Texas, excluding mining properties XxXxxxxxx Power Company LLC (TX) DeCordova gas fired facility, Hood County, Texas, excluding mining properties, excluding the combustion turbines, the rights of the lessee under the combustion turbine leveraged leases and a portion of the land as to which the leveraged leases prohibit the granting of a lien Lake Creek 3 Power Company LLC (TX) Lake Creek gas fired facility, McLennan County, Texas Luminant Generation Company LLC (TX) Comanche Peak nuclear facility, Somervell County and Hood County, Texas Xxxxxx Lake coal fired facility, Panola County and Xxxx County, Texas, excluding mining properties Monticello coal fired facility, Xxxxx County and Camp County, Texas, excluding mining properties Sandow 4 coal fired facility, Xxxxx County, Texas, excluding mining properties DeCordova gas fired facility, Hood County, Texas, excluding mining properties, excluding the combustion turbines, the rights of the lessee under the combustion turbine leveraged leases and a portion of the land as to which the leveraged leases prohibit the granting of a xxxx Xxxxxx gas fired facility, Young County, Texas Name of Entity Mortgaged Property Lake Creek gas fired facility, McLennan County, Texas Lake Xxxxxxx gas fired facility, Dallas County, Texas, excluding mining properties Northlake gas fired facility, Dallas County, Texas Permian Basin gas fired facility, Xxxx County, Texas, excluding the combustion turbines, the rights of the lessee under the combustion turbine leveraged leases and a portion of the land as to which the leveraged leases prohibit the granting of a xxxx Xxxxxxx Creek gas fired facility, Cherokee County, Texas Sweetwater gas fired facility, Xxxxx County, Texas (leasehold mortgage, not a fee mortgage) Trinidad gas fired facility, Xxxxxxxxx County, Texas Xxxxxx Lake 4 Power Company LLC (TX) Xxxxxx Lake coal fired facility, Panola County and Xxxx County, Texas, excluding mining properties Monticello 4 Power Company LLC (TX) Monticello coal fired facility, Xxxxx County, Franklin County and Xxxxxxx County, Texas, excluding mining properties Oak Grove Management Company LLC (DE) Oak Grove coal fired facility, Xxxxxxxxx County and Limestone County, Texas, excluding mining properties Oak Grove Mining ...

Related to Mortgagors

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

  • Mortgagee Upon WTC giving any notice in accordance with Section 11.1, Mortgagee shall (if and so long as such citizenship is necessary under the Act as in effect at such time or, if it is not necessary, if and so long as Mortgagee's citizenship could have any adverse effect on Owner, or any Note Holder), subject to Section 9.02 of the Trust Indenture, resign as Mortgagee promptly upon its ceasing to be such a citizen.

  • Notice to Mortgagors The Seller shall mail to the Mortgagor of each related Mortgage Loan a letter advising such Mortgagor of the transfer of the servicing of the related Mortgage Loan to the Purchaser, or its designee, in accordance with the Cranston Gonzales National Affordable Housing Act of 1990 at least 15 dxxx xxxxx xx xxx related Transfer Date; provided, however, the content and format of the letter shall have the prior approval of the Purchaser. The Seller shall provide the Purchaser with copies of all such related notices no later than the related Transfer Date.

  • Mortgage Lessee does hereby agree to make reasonable modifications of this Lease requested by any Mortgagee of record from time to time, provided such modifications are not substantial and do not increase any of the Rents or obligations of Lessee under this Lease or substantially modify any of the business elements of this Lease.

  • Mortgage Loans As of the Closing Date, in consideration of the Issuer's delivery of the Notes and the Ownership Certificate to the Depositor or its designee, and concurrently with the execution and delivery of this Agreement, the Depositor does hereby transfer, assign, set over, deposit with and otherwise convey to the Issuer, without recourse, subject to Section 3.01, in trust, all the right, title and interest of the Depositor in and to the Mortgage Loans. Such conveyance includes, without limitation, the right to all payments of principal and interest received on or with respect to the Mortgage Loans on and after the Cut-off Date (other than payments of principal and interest due on or before such date), and all such payments due after such date but received prior to such date and intended by the related Mortgagors to be applied after such date together with all of the Depositor's right, title and interest in any REO Property and the proceeds thereof, the Depositor's rights under any Insurance Policies related to the Mortgage Loans, the Depositor's security interest in any collateral pledged to secure the Mortgage Loans, including the Mortgaged Properties and any proceeds of the foregoing, to have and to hold, in trust; and the Indenture Trustee declares that, subject to the review provided for in Section 2.02, it has received and shall hold the Trust Estate, as Indenture Trustee, in trust, for the benefit and use of the Noteholders and for the purposes and subject to the terms and conditions set forth in this Agreement, and, concurrently with such receipt, the Issuer has issued and delivered the Notes and the Ownership Certificate to or upon the order of the Depositor, in exchange for the Mortgage Loans and the other property of the Trust Estate. Concurrently with the execution and delivery of this Agreement, the Depositor does hereby assign to the Issuer all of its rights and interest under the Mortgage Loan Purchase Agreement but without delegation of any of its obligations thereunder. The Issuer hereby accepts such assignment, and shall be entitled to exercise all the rights of the Depositor under the Mortgage Loan Purchase Agreement as if, for such purpose, it were the Depositor. Upon the issuance of the Notes, ownership in the Trust Estate shall be vested in the Issuer, subject to the lien created by the Indenture in favor of the Indenture Trustee, for the benefit of the Noteholders. The foregoing sale, transfer, assignment, set-over, deposit and conveyance does not and is not intended to result in creation or assumption by the Indenture Trustee of any obligation of the Depositor, the Seller, or any other Person in connection with the Mortgage Loans or any other agreement or instrument relating thereto except as specifically set forth herein. The Depositor further agrees to cause ________________________ to assign all of its right, title and interest in and to the interest rate corridor transaction evidenced by each Confirmation to the Issuer, and all such right, title and interest shall be deemed to have been assigned by ________________________ to the Depositor and by the Depositor to the Issuer.

  • Mortgagor Selection No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Originator which is a higher cost product designed for less creditworthy mortgagors, unless at the time of the Mortgage Loan's origination, such Mortgagor did not qualify taking into account credit history and debt-to-income ratios for a lower-cost credit product then offered by the Originator or any Affiliate of the Originator. If, at the time of loan application, the Mortgagor may have qualified for a lower-cost credit product then offered by any mortgage lending Affiliate of the Originator, the Originator referred the related Mortgagor's application to such Affiliate for underwriting consideration;

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

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

  • Maintenance of the Primary Mortgage Insurance Policies (a) The Master Servicer shall not take, or knowingly permit any Servicer (consistent with the applicable Servicing Agreement) to take, any action that would result in non-coverage under any applicable Primary Mortgage Insurance Policy of any loss which, but for the actions of such Master Servicer or Servicer, would have been covered thereunder. To the extent that coverage is available, the Master Servicer shall use its best reasonable efforts to keep in force and effect, or to cause each Servicer to keep in force and effect (to the extent that the Mortgage Loan requires the Mortgagor to maintain such insurance), primary mortgage insurance applicable to each Mortgage Loan in accordance with the provisions of this Agreement and the related Servicing Agreement, as applicable. The Master Servicer shall not, and shall not permit any Servicer to, cancel or refuse to renew any such Primary Mortgage Insurance Policy that is in effect at the date of the initial issuance of the Certificates and is required to be kept in force hereunder except as required by applicable law or in accordance with the provisions of this Agreement and the related Servicing Agreement, as applicable.

  • 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.

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