Additional Mortgaged Properties definition

Additional Mortgaged Properties means the Multifamily Residential Properties identified on Exhibit A as Additional Mortgaged Properties.

Additional Mortgaged Properties means each Multifamily Residential Property owned by any Borrower Party (either in fee simple or as tenant under a ground lease meeting all of the requirements of the DUS Guide) and added to the Collateral Pool after the Initial Closing Date pursuant to Article VI of this Agreement.

Additional Mortgaged Properties shall also include each New Additional Property from and after the date of its addition to the Fannxx Xxx Xxxdit Facility, and shall exclude each Released Property (which prior to such substitution or release, as applicable, was an Additional Mortgaged Property), from and after the date of such substitution or release. "ADDITIONAL MORTGAGED PROPERTY" means any one of the foregoing, individually.

Examples of Additional Mortgaged Properties in a sentence

• All such Additional Mortgages shall be granted pursuant to documentation substantially in the form of a relevant existing Mortgage (or, in the case of Additional Mortgaged Properties located in a jurisdiction outside the United States, the relevant Foreign Security Agreement covering Real Property located in such jurisdiction (if any) delivered to the Administrative Agent on the Initial Borrowing Date) or in such other form as is reasonably satisfactory to the Administrative Agent.

• Any Expansion Origination Fee shall be reduced by the amount of any Collateral Addition Fee paid by the Borrower in respect of any Additional Mortgaged Properties added to the Collateral Pool in conjunction with such expansion.

• Subject to the terms and conditions of this Article, the Borrower shall have the right, from time to time during the Term of this Agreement, to add Additional Mortgaged Properties to the Collateral Pool in accordance with the provisions of this Article.

• The Borrower may, not more than eight (8) times per Calendar Year, deliver a written request (the “Collateral Addition Request”) to the Lender, in the form attached as Exhibit S to this Agreement, to add one or more Additional Mortgaged Properties to the Collateral Pool.

• Subject to the terms, conditions and limitations of Article 3 and Article 5, Borrower shall have the right prior to the date twelve (12) months before the Termination Date to obtain the Release of one or more Release Mortgaged Properties from the Collateral Pool by replacing such Release Mortgaged Property with one (1) or more Additional Mortgaged Properties that meet the requirements of this Agreement (the “Substitute Mortgaged Property”) thereby effecting a “Substitution” of Collateral.

More Definitions of Additional Mortgaged Properties

Additional Mortgaged Properties means, the Xxxxx Property, the San Xxxx Xxx Xxxxx Property, the Palm Xxxxxxx Residential Property, the New York Lands Property and the Thistledown Property";

Additional Mortgaged Properties means the real properties, together with the improvements and fixtures located thereon, described in Exhibit B. "ADDITIONAL MORTGAGED PROPERTIES" shall also include each New Additional Property from and after the date of its addition to the Xxxxxx Mae Credit Facility, and shall exclude each Released Property (which prior to such substitution or release, as applicable, was an Additional Mortgaged Property), from and after the date of such substitution or release. "ADDITIONAL MORTGAGED PROPERTY" means any one of the foregoing, individually.

Additional Mortgaged Properties. As defined in Section 5.15(d) of this Agreement.

Additional Mortgaged Properties shall have the meaning given to that term in the recitals to this Agreement. "ADDITIONAL MORTGAGED PROPERTIES" shall also include each New Additional Property from and after the date of its addition to the Fannxx Xxx Xxxdit Facility, and shall exclude each Released Property (which prior to such substitution or release, as applicable, was an Additional Mortgaged Property), from and after the date of such substitution or release. "ADDITIONAL MORTGAGED PROPERTY" means any one of the foregoing, individually.

Additional Mortgaged Properties means the real property owned by one or more of the Credit Parties and located at 918 Del Paso Road, Sacramento, Califxxxxx xxx 0000 Xxxx 00xx Xxxxxx, Xxxxxxx, Xllinois.

Additional Mortgaged Properties means the Supplemental KMR Working Interests, the Franklin Prospect and the Bayou Carlxx Xxxspect.

Additional Mortgaged Properties means each Multifamily Residential Property (together with the improvements and fixtures located thereon), described in Exhibit B, if any. "ADDITIONAL MORTGAGED PROPERTIES" shall also include each New Additional Property from and after the date of its addition to the Fannxx Xxx Xxxdit Facility, and shall exclude each Released Property (which prior to such substitution or release, as applicable, was an Additional Mortgaged Property), from and after the date of such substitution or release. "ADDITIONAL MORTGAGED PROPERTY" means any one of the foregoing, individually.