2016 Mortgages definition

2016 Mortgages means, together, (a) the Avalon Holdings 2016 Mortgage, (b) the Avalon CC at Xxxxxx Mortgage, (c) the Avalon Lakes Golf Mortgage, and (d) the Avalon Resort and Spa Mortgage.

Examples of 2016 Mortgages in a sentence

  • Mortgages receivable consists of the following at June 30, 2016: Mortgages receivable $ 3,607,305Unamortized discount at rates ranging from 7.39% to 8.48% (2,084,415) 1,522,890Less current maturities (71,982) $ 1,450,908 Amortization of mortgages receivable discount income for the year ended June 30, 2016 was $128,735.

  • In 2016, Mortgages issued in Spain had a LTV of 64% and only 15% had a LTV higher than 80%.

  • Mortgage Portfolio ScheduleAs at July 31, 2016 Mortgages with Related PartiesNordel Homes Ltd.

  • The REIT’s exposure to credit risk on receivables is as follows: December 31 December 31Note 2017 2016 Mortgages receivable 6 $ 153,211 $ 43,817Accounts receivable 6 15,739 12,999$ 168,950 $ 56,816 (b) Liquidity risk: The Trusts are subject to liquidity risk whereby they may not be able to refinance or pay their debt obligations when they become due.

  • Again, Gigerenzer’s work78 provides a useful illustration of how we might proactively employ heuristics toward a better risk-understanding.

  • General Terms and Conditions – Mortgage and Protection –January 2016 Mortgages We charge a fee of up to 2% of the mortgage advance (net of any added fees).

  • Credit RiskCredit risk profile based on loan activity as of December 31, 2017 and 2016: Mortgages Receivable Residential Commercial Land Mixed Use Total Outstanding Mortgages December 31, 2017 .

  • General Terms and Conditions – Mortgage and Protection –January 2016 Mortgages We charge a fee of up to 2% of the mortgage advance (net of any added fees) For example, if the maximum threshold of 2% was charged, a fee of £1,500.00 would be payable based on a gross mortgage advance of £75,000.

Related to 2016 Mortgages

  • Existing Mortgages means the Mortgages executed and delivered in connection with the Existing Credit Agreement.

  • Mortgages means, individually and collectively, one or more mortgages, deeds of trust, or deeds to secure debt, executed and delivered by Parent or its Subsidiaries in favor of Agent, in form and substance reasonably satisfactory to Agent, that encumber the Real Property Collateral.

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • Ship Mortgage shall have the meaning set forth for such term in the Intercreditor Agreement. Notice of Assignment ASSIGNMENT OF INSURANCE BY INTERNAL CHARTERERS Vantage Driller I Co. NOTICE OF ASSIGNMENT To Whom It May Concern: Vantage Driller IV Co., an exempted company incorporated with limited liability under the laws of the Cayman Islands (the “Assignor”), HEREBY GIVES NOTICE that by an Assignment, dated October 25, 2012, and made by the Assignor to Xxxxx Fargo Bank, National Association (the “Assignee”), as Pari Passu Collateral Agent (as defined under the Intercreditor Agreement defined below), the Assignor assigned to the Assignee all of the Assignor’s right, title and interest in and to all insurances and the benefit of all insurances heretofore, now or hereafter taken out in respect of the Panamanian flag vessel TOPAZ DRILLER and all proceeds thereof. This Notice and the attached Loss Payable Clauses are to be endorsed on all policies and certificates of entry evidencing such insurances.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).

  • Deeds of Trust means, collectively, (i) the Deeds of Trust, Assignments, Security Agreements and Financing Statements, (ii) the Mortgages, Assignments, Security Agreements and Financing Statements, and (iii) the Deeds to Secure Debt, Assignments, Security Agreements and Financing Statements from the Borrowers, constituting Liens on the Mortgaged Sites as Collateral for the Loan as the same have been, or may be, assigned, modified or amended from time to time.

  • Mortgage shall have the meaning assigned to such term in the recitals.

  • Mortgage Instruments means such title reports, title insurance, opinions of counsel, surveys, appraisals and environmental reports as are requested by, and in form and substance reasonably acceptable to, the Administrative Agent from time to time.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Additional Mortgage shall have the meaning assigned to such term in Section 5.10(c).

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • Mortgage Notes means, collectively, the promissory notes aggregating $310,000,000 principal amount issued pursuant to the Mortgage Note Agreements, dated December 12, 1991 and executed by the Operating Partnership, together with and any loan agreement and security documents executed in connection therewith, any and all instruments given in renewal, extension, modification, or rearrangement of or in substitution or replacement for any one or more of the foregoing described promissory notes and other documents, whether given to the original purchaser thereof (or its designee) or any other Person and other documents.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • Conventional Mortgage means a mortgage for which the principal amount, at the time of commitment, together with all other equal and prior ranking mortgages: (a) in the case of a property purchase, does not exceed the lower of 75% of the purchase price of the underlying real property securing the mortgage and 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser; and (b) in the case of a refinancing, does not exceed 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser at the time of such refinancing.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Additional Mortgaged Property shall have the meaning provided in Section 8.11(a).

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • Reverse mortgage means a nonrecourse loan under which both of the following apply:

  • Original Mortgage Loan The mortgage loan refinanced in connection with the origination of a Refinancing Mortgage Loan.

  • Initial Mortgage Loans The Mortgage Loans included in the Trust as of the Closing Date.

  • Security Agreements means the Borrower Security Agreement and the Subsidiary Security Agreement.

  • Assignment of Mortgage An assignment of the Mortgage, notice of transfer or equivalent instrument in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage to the Purchaser.

  • Supplemental Mortgage Loan Any Mortgage Loan other than an Initial Mortgage Loan conveyed to the Trust Fund pursuant to Section 2.01 hereof and to a Supplemental Transfer Agreement, which Mortgage Loan shall be listed on the revised Mortgage Loan Schedule delivered pursuant to this Agreement and on Schedule A to such Supplemental Transfer Agreement. When used with respect to a single Supplemental Transfer Date, Supplemental Mortgage Loan shall mean a Supplemental Mortgage Loan conveyed to the Trust Fund on that Supplemental Transfer Date.

  • Residential mortgage loan means any loan primarily for