Individual Mortgaged Property definition

Individual Mortgaged Property means any one of the following the Mortgaged Properties: 10000 Xxxxxxxx Xxxxxxxxx, Xxx Xxxxxxx, XX 00000, 10000 Xxxxxxxx Xxxxxxxxx, Xxx Xxxxxxx, XX 00000, 10000 Xxx Xxxxxxx Xxxxxxxxx, Los Angeles, CA 90049, 10000 Xxx Xxxxxxx Xxxxxxxxx, Los Angeles, CA 90049, 400 Xxxxxxxx Xxxxxxxxx, Xxxxx Xxxxxx, XX 00000, 100 Xxxxxxxx Xxxxxx, Xxxxx Xxxxxx, XX 00000, 500 Xxxxxxxx Xxxxxxxxx, Xxxxx Xxxxxx, XX 00000, each as legally described on Exhibit A attached hereto; and each individual Substitute Mortgaged Property.
Sample 1
Individual Mortgaged Property means, individually, each parcel of real property of the Company subject to a Mortgage.
Sample 1

Examples of Individual Mortgaged Property in a sentence

  • The definition of Individual Mortgaged Property is hereby amended to exclude the common address _____________ and to include the common address ___________ and to include, in lieu of the Released Property's legal description, the legal description of the Substitute Individual Property attached to this Amendment as Schedule 1.

  • For purposes of the release provisions noted hereinbelow, the total amount outstanding under the Loans shall be allocated to each of the Mortgaged Properties based upon the Individual Mortgaged Property Asset Value relative to the aggregate Mortgaged Property Asset Value.

  • The Mortgaged Property Asset Value determined for an individual Mortgaged Property PROVIDED, HOWEVER, that in the event there exists an option or transfer restriction with respect to any Mortgaged Property such that the transfer value of said Mortgaged Property is limited or restricted, then such Individual Mortgaged Property Asset Value shall be limited to the value set forth in such option or transfer agreement.

Related to Individual Mortgaged Property

  • Additional Mortgaged Property shall have the meaning provided in Section 8.11(a).

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Closing Date Mortgaged Property as defined in Section 3.1(h).

  • Mortgaged Real Property means any parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Released Mortgaged Property Proceeds As to any Mortgage Loan, proceeds received by the Servicer in connection with (a) a taking of an entire Mortgaged Property by exercise of the power of eminent domain or condemnation or (b) any release of part of the Mortgaged Property from the lien of the related Mortgage, whether by partial condemnation, sale or otherwise, which are not released to the Mortgagor in accordance with applicable law and mortgage servicing standards the Servicer would use in servicing mortgage loans for its own account and this Agreement.

  • Additional Collateral Mortgage Loan Each Mortgage Loan identified as such in the Mortgage Loan Schedule.

  • Residential mortgage loan means any loan primarily for

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Mortgage Pool Assets (i) The Mortgage Loans (including all Substitute Mortgage Loans) identified on the Mortgage Loan Schedule, and all rights pertaining thereto, including the related Mortgage Notes, Mortgages, Cooperative Stock Certificates, Cooperative Leases, Security Agreements, Assignments of Proprietary Lease, and Recognition Agreements, and all Monthly Payments due after the Cut-Off Date and all other payments and distributions collected with respect to the Mortgage Loans on or after the Cut-Off Date; (ii) the Certificate Account, the Investment Account, and all money, instruments, investment property, and other property credited thereto, carried therein, or deposited therein (except amounts constituting the Servicing Fee); (iii) the Custodial Accounts for P&I and any Buydown Fund Account (to the extent of the amounts on deposit or other property therein attributable to the Mortgage Loans), and all money, instruments, investment property, and other property credited thereto, carried therein, or deposited therein (except amounts constituting the Servicing Fee); (iv) all property that secured a Mortgage Loan and that has been acquired by foreclosure or deed in lieu of foreclosure or, in the case of a Cooperative Loan, a similar form of conversion, after the Cut-Off Date; and (v) each FHA insurance policy, Primary Insurance Policy, VA guaranty, and other insurance policy related to any Mortgage Loan, and all amounts paid or payable thereunder and all proceeds thereof.

  • Custodial property means an interest in property transferred to a custodian under this act and the income from, and proceeds of, that interest in property.

  • Mortgaged Premises means any real property which shall now or hereafter be subject to a Notes Mortgage.

  • Additional Mortgage shall have the meaning assigned to such term in Section 5.10(c).

  • Conventional Mortgage means a mortgage for which the principal amount, at the time of commitment, together with all other equal and prior ranking mortgages: (a) in the case of a property purchase, does not exceed the lower of 75% of the purchase price of the underlying real property securing the mortgage and 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser; and (b) in the case of a refinancing, does not exceed 75% of the appraised value of the underlying real property securing the mortgage as determined by a qualified appraiser at the time of such refinancing.

  • Park Sienna Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Sienna is the applicable Seller.

  • Conventional Mortgage Loan Any Mortgage Loan that is not an FHA Loan.

  • Original Mortgage Loan The mortgage loan refinanced in connection with the origination of a Refinancing Mortgage Loan.

  • Initial Mortgage Loan A Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date.

  • Supplemental Mortgage Loan Any Mortgage Loan other than an Initial Mortgage Loan conveyed to the Trust Fund pursuant to Section 2.01 hereof and to a Supplemental Transfer Agreement, which Mortgage Loan shall be listed on the revised Mortgage Loan Schedule delivered pursuant to this Agreement and on Schedule A to such Supplemental Transfer Agreement. When used with respect to a single Supplemental Transfer Date, Supplemental Mortgage Loan shall mean a Supplemental Mortgage Loan conveyed to the Trust Fund on that Supplemental Transfer Date.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Real Estate Asset means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by any Credit Party in any real property.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.