First Mortgage Note definition

First Mortgage Note means a promissory note evidencing a loan secured by a First Mortgage.

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First Mortgage Note means the promissory note of even date herewith from Maker to First Mortgage Lender in an original principal amount of $ . Maker means all of the undersigned. Maturity Date means the earliest to occur of one or more of the following dates.

First Mortgage Note means [ ].

Examples of First Mortgage Note in a sentence

• Each First Mortgage Note evidencing First Mortgage Collateral shall be endorsed by Borrower at such time as the Bank may request as follows: "Pay to the order of the Federal Home Loan Bank of Dallas." All other First Mortgage Documents and documents representing Securities, Small Farm and Agri-Business Collateral, and Other Real Estate Related Collateral shall be marked and assigned to the Bank in the foregoing manner or in such other manner as shall be specified by the Bank.

• All of the representations and warranties made in paragraph 4 of the First Mortgage Note Amendment (as defined in paragraph 3E above) are true and correct and are incorporated herein by reference with the same effect as if set forth at length herein.

• As used in this Deed of Trust, the term “First Mortgage Lender” shall include all successors and assigns of the First Mortgage Lender with respect to the First Mortgage Note.

• The Mortgage Note Agreements shall have been amended by an amendment agreement in substantially the form of agreement heretofore delivered to you by the Company (the "First Mortgage Note Amendment") and all amendments, waivers and consents provided for therein shall have become and remain effective.

• Any First Mortgage Note not so accepted shall be promptly mailed or delivered by the Company to the Holder thereof.

• Each First Mortgage Note evidencing First Mortgage Collateral shall be endorsed by Borrower at such time as the Bank may request as follows: “Pay to the order of the Federal Home Loan Bank of Dallas.” All other First Mortgage Documents and documents representing Securities, Small Farm and Agri-Business Collateral, and Other Real Estate Related Collateral shall be marked and assigned to the Bank in the foregoing manner or in such other manner as shall be specified by the Bank.

• The term of the Subordinate Note does not end before the term of the First Mortgage Note.

• Each Holder by accepting a First Mortgage Note waives and releases all such liability.

• At least 30 days but not more than 60 days before each Redemption Date (unless another notice period shall be required by applicable law or by order of any Gaming Authority), the Issuers shall mail a notice of redemption by first class mail, postage prepaid, to each Holder whose Securities are to be redeemed (unless a shorter notice period shall be required by applicable law) to such Holder's last address as then shown upon the First Mortgage Note Register.

• The closing of the HUD-Insured Loan and initial endorsement by HUD of the First Mortgage Note for mortgage insurance is referred to herein as the "Initial Closing".

More Definitions of First Mortgage Note

First Mortgage Note means the promissory note to be executed in connection with the First Mortgage Loan.

First Mortgage Note means the First Mortgage Note evidencing the First Mortgage Loan and shall include any and all amendments, modifications and extensions thereof and supplements thereto hereafter made in conformity with the First Mortgage.

First Mortgage Note means the 11-1/2% First Mortgage Notes due 2000, as amended or supplemented from time to time, that are issued pursuant to this Indenture.

First Mortgage Note means that certain Amended and Restated Mortgage Note dated October 28, 1998 in the principal amount of $275,000,000 made by Seller in connection with the First Mortgage Loan.

First Mortgage Note given to *** (the "Lender") evidencing a mortgage loan (the "First Mortgage Loan") and will perform all obligations under the mortgage made to the Lender (the "First Mortgage") on the Development of even date therewith, given as security for the First Mortgage Note, the mortgage note (the "Section 1602 Mortgage Note") given to the Authority and will perform all obligations under the mortgage made to the Authority (the "Section 1602 Mortgage") on the Development of even date therewith, given as security for the Section 1602 Mortgage Note, which are incorporated herein by reference.

First Mortgage Note means that certain promissory note dated as of ------------------- the date hereof made by Borrower to First Mortgage Lender in connection with the First Mortgage Loan.