Existing Fee Mortgage definition

Existing Fee Mortgage. The Fee Mortgages as in effect on the Commencement Date (if any), together with any amendments, modifications, and/or supplements thereto after the Commencement Date.

Existing Fee Mortgage. Collectively or individually as the context may require, with respect to each of the Leased Property (CPLV) and the Leased Property (HLV), those certain Fee Mortgages relating to the Existing Fee Financing, as in effect as of the Second Amendment Date.

Existing Fee Mortgage. The Fee Mortgages entered into in connection with (i) the Existing Fee Financing, (ii) that certain loan made pursuant to that certain First Lien Credit Agreement, dated as of the Commencement Date, among Propco 1, as borrower, the Lenders (as defined therein) party thereto from time to time and Wilmington Trust, National Association, as Administrative Agent for the Lenders, and (iii) those certain First-Priority Senior Secured Floating Rate Notes due 2022 issued pursuant to the Indenture, dated as of the Commencement Date, among Propco 1 and VICI FC Inc., as issuers, the subsidiary guarantors party thereto from time to time and UMB Bank, National Association, as trustee, in each case as in effect on December 21, 2017, together with any amendments, modifications, and/or supplements thereto after December 21, 2017.

Examples of Existing Fee Mortgage in a sentence

• For the avoidance of doubt, the foregoing representations and warranties shall constitute Additional Fee Mortgagee Requirements with respect to the Existing Fee Mortgage.

• This Agreement is and at all times shall be subject and subordinate to any Existing Fee Mortgage and any other Fee Mortgage which may hereafter affect the Golf Courses or any portion thereof or interest therein and in each case to all renewals, modifications, consolidations, replacements, restatements and extensions thereof or any parts or portions thereof.

• In connection with the foregoing and at the request of Landlord, Tenant shall promptly execute a subordination, nondisturbance and attornment agreement that contains commercially reasonable provisions, terms and conditions, in all events complying with this Section 31.1 (it being understood that a subordination, non-disturbance and attornment agreement substantially in the form executed by Tenant and the Fee Mortgagee in connection with the Existing Fee Mortgage shall be deemed to satisfy this Section).

• MORTGAGOR: Old Town Lodging, LLC By: [•, as sole member] Name: Title: Mortgagee Consent and Agreement Mortgagee hereby accepts, consents and agrees to the foregoing Mortgage and its amendment and restatement of the Existing Fee Mortgage as of the day and year first above written.

• In confirmation of such subordination, Lessee shall execute and deliver promptly any certificate that Lessor and/or the holder of any such Existing Fee Mortgage (the “Existing Fee Mortgagee”) and/or the holder of any Institutional Fee Mortgage (an “Institutional Fee Mortgagee”) and/or their respective successors in interest may request as to the subordination of this Lease.

• A., Kansas City, Missouri, Trustee, is executing the Acknowledgement, Consent and Confirmation of Trustee attached to this Mortgage for the purpose of (i) demonstrating its acknowledgement of and consent to the transactions contemplated in this Mortgage and (ii) confirmation of its agreement that the Bond Lease shall continue to be subordinate in priority to the lien of the Existing Fee Mortgage, the [Assignment of Mortgage and Assignment of Leases and Rents] and this Mortgage.

• In connection with a Fee Mortgagee Securitization in connection with the Existing Fee Mortgage, Tenant shall (I) be responsible for the costs of the Existing Fee Mortgagee in connection therewith to the extent Landlord is required under the Existing Fee Mortgage Documents to pay such costs, and (II) reimburse Landlord for any such costs paid by Landlord within twenty (20) days of Landlord’s written request therefor.

More Definitions of Existing Fee Mortgage

Existing Fee Mortgage. Collectively, the Fee Mortgages entered into in connection with (i) the Existing Original Fee Financing, and (ii) that certain loan made pursuant to that certain Credit Agreement, dated as of December 22, 2017, among Propco 1, as borrower, the other parties thereto, the Lenders (as defined therein) from time to time party thereto, and Xxxxxxx Xxxxx Bank USA, as Administrative Agent, as amended by Amendment No. 1 dated September 24, 2018, and Amendment No. 2, dated May 15, 2019, and as amended and restated pursuant to Amendment No. 3 dated May 15, 2019, as in effect as of the Second Amendment Date.

Existing Fee Mortgage. As defined in the Regional Lease.