Leasehold Mortgage Properties definition

Leasehold Mortgage Properties means all Leasehold Properties which have become subject to a Carmike Mortgage and as to which all Real Estate Collateral Documentation required by the Collateral Agent has been obtained pursuant to Section 5.26.
Sample 1
Leasehold Mortgage Properties has the meaning set forth in ----------------------------- Section 5.1(e).
Sample 1
Leasehold Mortgage Properties means (i) those properties listed on Schedule 1 attached hereto, on which the Administrative Agent has been, and will be, granted a leasehold mortgage and the Indenture Agent is to be granted a leasehold mortgage on or before February 28, 2011 (the “Schedule 1 Properties”) pursuant to Section 10.06(d) hereof, (ii) those properties listed on Schedule 2 attached hereto which constitute Credit Facility Exclusive Collateral and (iii) the Additional New Mortgage Properties.
Sample 1

Examples of Leasehold Mortgage Properties in a sentence

  • Some variations to the fees and the targets have been necessary and have been carried out in accordance with the provisions of the contract.

  • On or before 60 days after the Second Amendment Effective Date, the Intercreditor Agreement shall be amended as appropriate to include within its scope the Carmike Mortgages and the Fee Properties and Leasehold Mortgage Properties subject thereto.

  • Other than Permitted Liens, each Credit Party is the owner of (free and clear of all Liens) and has good and marketable title to, or has a valid license to use, (a) all of its Mortgage Properties and Leasehold Mortgage Properties (except as indicated on the Mortgage Policies accepted by the Agent) and (b) all of its other Property.

  • Other than Permitted Liens, each Credit Party is the owner of (free and clear of all Liens) and has good and marketable title to, or has a valid leasehold interest in or license to use, (a) all of its Mortgage Properties and Leasehold Mortgage Properties (except as indicated on the Mortgage Policies accepted by the Administrative Agent) and (b) all of its other Property necessary for the conduct of its business.

  • With respect to each of the Leasehold Mortgage Properties, Borrower shall exert reasonable commercial efforts, or shall cause Borrower's Subsidiary to exert reasonable commercial efforts, (i) to obtain the written consent of the Lessor, and (ii) to deliver to Lender a duly executed Leasehold Mortgage in recordable form, within ninety (90) days following the Fifteenth Amendment Closing Date.

  • Within ten (10) Business Days following the Fifteenth Amendment Closing Date, Foothill and Borrower shall negotiate and agree on the basic form of Leasehold Mortgage to be used to encumber the Leasehold Mortgage Properties, with such basic form of Leasehold Mortgage to be modified as necessary to comply with the respective laws of the states in which such Leasehold Mortgage Properties are located.

Related to Leasehold Mortgage Properties

  • Leasehold Mortgage means any leasehold deed of trust, mortgage, deed to secure debt, assignment of leases and rents, assignment, security agreement, or other security document securing financing from a lender of Tenant and encumbering Tenant’s leasehold interest in any Demised Property.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Leasehold Property means any leasehold interest of any Credit Party as lessee under any lease of real property, other than any such leasehold interest designated from time to time by Collateral Agent in its sole discretion as not being required to be included in the Collateral.

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

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Material Leasehold Property means a Leasehold Property reasonably determined by Administrative Agent to be of material value as Collateral or of material importance to the operations of Company or any of its Subsidiaries.

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Closing Date pursuant to Section 5.11(c).

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Foreclosure Property shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

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

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties (including the Borrowing Base Properties) owned or leased by the Consolidated Parties at such time.

  • Additional Mortgaged Property has the meaning assigned to that term in subsection 6.9.

  • Leased Properties has the meaning set forth in Section 3.1(n)(ii).

  • 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.

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in Administrative Agent's reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrancers of the affected real property.

  • Mortgaged Premises means any real property which shall now or hereafter be subject to a Note Mortgage and/or an ABL Mortgage.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Leasehold Mortgagee means the holder of a Leasehold Mortgage.

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