First Mortgage Loans definition

First Mortgage Loans means Mortgage Loans secured or collateralized by First Mortgages.

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First Mortgage Loans means collectively (i) the mortgage loans identified on Schedule I to this Agreement and (ii) the Permitted Refinancing Loans, if any. "First Mortgage Loan" means individually any of the First Mortgage Loans.

First Mortgage Loans means the construction and initial permanent loan for the Project, obtained by the Partnership with the consent of both General Partners as provided in Section 4.04 hereof, repayment of which is secured by a first mortgage lien on the Project, and any refinancings or replacements thereof. It is contemplated that the First Mortgage Loan shall initially be the Mitsubishi Credit Facility.

Examples of First Mortgage Loans in a sentence

In the event of any termination, the Lender may no longer participate in or make First Mortgage Loans in connection with the City’s DALP Program.
In the event of any termination, the Loan Officer may no longer participate in or make First Mortgage Loans in connection with the City’s first-time homebuyer programs.
In the event of any termination, the Lender may no longer participate in or make First Mortgage Loans in connection with the City’s BMR Program.
In the event of any termination, the Lender may no longer participate in or make First Mortgage Loans in connection with the City’s first-time homebuyer programs.
Under no circumstances will an unauthorized MLOs be involved in the origination of the First Mortgage Loans in connection with the City’s DALP Program without the prior written approval of MOHCD.

More Definitions of First Mortgage Loans

First Mortgage Loans means Mortgage Loans secured, or collateralized, at the time of acquisition thereof by the Trust, by First Mortgages;

First Mortgage Loans. $12,300,000 Second Mortgage Loan: $ 1,010,000 General Partner Equity: $ 227,116 Limited Partner Equity: $ 2,895,280 Application of Funds Total Construction Cost $1,439,065 Soft Costs $12,654,692 Land $1,250,000 Development Fee $1,092,513

First Mortgage Loans means Mortgage Loans secured or collateralized by First Mortgages. "Fiscal Year" shall mean any period for which an income tax return is submitted to the Internal Revenue

First Mortgage Loans means loans to Mortgagors secured by a First Mortgage, the proceeds of which will be used to acquire financed Residential Housing Units, and which back Program Securities.

First Mortgage Loans means performing loans secured by first liens in multifamily or commercial properties.

First Mortgage Loans means, collectively, that certain Loan (as defined in the 1997 First Mortgage Loan Agreement) and that certain Loan (as defined in the 1996 First Mortgage Loan Agreement), and "First Mortgage Loan" means any one of them. "First Mortgage Loans Excess Cash Flow" means, collectively, the Excess Cash Flow (as defined in the 1997 First Mortgage Loan Agreement), and the Excess Cash Flow (as defined in the 1996 First Mortgage Loan Agreement).

First Mortgage Loans. [*]% of the Mortgage Note Amount