Examples of Existing Mortgaged Property in a sentence
In addition, the Central Servicer may in its discretion permit the substitution of an Eligible Substitute Mortgaged Property for an Existing Mortgaged Property so long as the Mortgage Note relating to the Qualified Loan that the Existing Mortgaged Property secures is a Recourse Obligation.
The County DES Coordinator works with the Local Emergency Planning Committee (LEPC) and/or the Tribal Emergency Response Commission (TERC) to implement a local model of the DES Montana Plan.
Upon the Borrower's repayment in full of all Obligations under and in respect of the Tranche B Loans, the Agent shall release its security interest in and mortgage on the Existing Mortgaged Property, the Additional Resort Collateral, and the Silverleaf Finance I, Inc.
Within 90 days following the Restatement Effective Date (or such later date as the Administrative Agent may agree), the Borrower shall deliver to the Collateral Agent all Real Estate Asset Deliverables (other than those listed in clause (vi) of such definition) with respect to any Term Priority Collateral that is a Real Estate Asset (other than any Existing Mortgaged Property).
In the case of each Existing Mortgaged Property, which is a Leasehold Property, copies of any new leases or any amendments to all existing leases between any Credit Party and any landlord or tenant to the extent such new leases or amendments were executed and delivered after the applicable Existing Mortgages were executed.