Existing Mortgage definition
Existing Mortgage has the meaning specified in Section 5.02(a)(vi).
Existing Mortgage means that certain Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing dated as of February 24, 2017 by Odyssey Drive I, Ltd. in favor of the Collateral Agent with respect to the Alabama Property, as amended.
Existing Mortgage has the meaning provided in Schedule 3 to the Participation Agreement.
Examples of Existing Mortgage in a sentence
In confirmation of such subordination, if the conditions of Section 17.6 below shall have been satisfied, Tenant, without cost or charge to Landlord, shall (other than with respect to the Existing Mortgage) execute promptly (but no later than twenty (20) days after written demand therefor) any certificate or instrument of subordination on such Mortgagee’s or Overlandlord’s commercially reasonable standard form that Landlord may reasonably request.
More Definitions of Existing Mortgage
Existing Mortgage has the meaning set forth in Section 3.6.
Existing Mortgage means the Mortgage, Fixture Filing, Assignment of As-Extracted Collateral, Security Agreement and Financing Statement, dated as of September 4, 2014, between the Company and the Purchasers pursuant to which the Company conveyed a mortgage to the Lender (as defined therein) on certain leases and leasehold estates in Kansas, which mortgage has been filed in the Register of Deeds in W▇▇▇▇▇ County in Kansas on October 20, 2014 and recorded in Book 374 at Page 712.
Existing Mortgage shall have the meaning assigned to such term in Section 15.1.
Existing Mortgage means the Mortgage, Assignment of Leases and Rents and Security Agreement dated as of June 24, 2003, given by the SPE, as assignor, to John Hancock Life Insurance Company, as assignee, in the principal a▇▇▇▇t ▇▇ $▇▇,000,000, covering the Distribution Center and securing the Existing Mortgage Loan.
Existing Mortgage means the general bond in the original amount of Icelandic Krona 8,310,000,000, dated as of November 16, 2022, issued by Fasteignafélagið Sæmundur hf., reg. no. 591213-1130 to Landsbankinn hf., reg no. 471008-0280, with respect to the Iceland Manufacturing Facility; provided that, notwithstanding anything to the contrary in this Agreement or in any other Loan Document, any Indebtedness secured by the Existing Mortgage shall not exceed an aggregate principal amount, together with any Refinancing Indebtedness in respect thereof, of $50,000,000 at any time.
Existing Mortgage means an agreement, including, but not limited to, a mortgage, deed of trust or any other document, creating and evidencing a second priority Lien on a Mortgaged Property securing the Existing Notes, in each case, with such schedules and including such provisions as shall be necessary to conform such document to applicable local or foreign law or as shall be customary under applicable local or foreign law.
Existing Mortgage means the mortgage, dated as of the Original Closing Date and executed and delivered pursuant to Section 5.1.7 of the Existing Credit Agreement.