Mortgage and Security Agreement definition

Mortgage and Security Agreement. (i) each Quebec Security Document with respect to Mortgaged Properties located in the Province of Quebec covering the Mortgaged Properties owned on the Restatement Effective Date, (ii) each Mortgage Security Agreement, Assignment of Leases and Rents and Fixture Filings covering the Mortgaged Properties located in the United States owned on the Restatement Effective Date and (iii) each Mortgage, Security Agreement, Assignment of Leases and Rents and Fixture Filing (and such other instrument as required by the applicable province of Canada), substantially in the form of Exhibit L (in the case of real property located in the United States), substantially in the form of the Quebec Security Documents (in the case of real or immovable property located in the Province of Quebec) or in such form as reasonably acceptable to the Administrative Agent (in the case of real property located in Canada (other than in the Province of Quebec)), with respect to each Mortgaged Property acquired after the Restatement Effective Date located in the United States or Canada, respectively.
Mortgage and Security Agreement means the Mortgage and Security Agreement dated as of April 8, 1976, and as subsequently amended, by and between Falkirk and the Cooperatives, or any replacement thereof.

Examples of Mortgage and Security Agreement in a sentence

  • On November 30, 2017, the Company’s newly formed wholly-owned subsidiary, 555 N Research Corporation (the “Assignee”) and the Islip IDA, entered into a Fee and Leasehold Mortgage and Security Agreement (the ”Loan”) with HSBC Bank USA, N.A. (the “Bank”) in the amount of $10,387,500, which was used to finance a portion of the purchase price to acquire the Premises.

  • The Loan was evidenced by the certain Note, dated November 30, 2017 (the “Note”), by and between Assignee and the Bank, and secured by a certain Fee and Leasehold Mortgage and Security Agreement, dated November 30, 2017 (the “Mortgage”), as well as a collateral Assignment of Leases and Rents (“Assignment of Leases”).


More Definitions of Mortgage and Security Agreement

Mortgage and Security Agreement. (i) each Quebec Security Document with respect to Mortgaged Properties located in the Province of Quebec covering the Mortgaged Properties owned on the Restatement Effective Date, (ii) each Mortgage Security Agreement, Assignment of Leases and Rents and Fixture Filings or other similar documents covering the Mortgaged Properties located in the United States owned on the Restatement Effective Date and (iii) each Mortgage, Security Agreement, Assignment of Leases and Rents and Fixture Filing (and such other instrument as required by the applicable province of Canada), substantially in the form of Exhibit L (in the case of real property located in the United States), substantially in the form of the Quebec Security Documents (in the case of real or immovable property located in the Province of Quebec) or in such form as reasonably acceptable to the Administrative Agent (in the case of real property located in Canada (other than in the Province of Quebec)), with respect to each Mortgaged Property acquired after the Restatement Effective Date located in the United States or Canada, respectively, and, in each case, any Successor Agent Document in respect of any of the foregoing. “Mortgaged Properties”: each property listed on Schedule 1.1(E) and any other properties as to which the Administrative Agent, for the ratable benefit of the Secured Parties, has after the RestatementThird Amendment Effective Date been granted a Lien pursuant to one or more Mortgage and Security Agreements. “Multicurrency L/C Exposure”: at any time, the total L/C Obligations with respect to Multicurrency Working Capital Facility Letters of Credit. The Multicurrency L/C Exposure of any Multicurrency Working Capital Facility Lender at any time shall be its Multicurrency Working Capital Facility Commitment Percentage of the total Multicurrency L/C Exposure at such time. “Multicurrency Long Tenor Letter of Credit Sub-Limit”: $25,000,000 at any time outstanding. “Multicurrency Performance Letter of Credit Sub-Limit”: $5,000,000 at any time outstanding. “Multicurrency Swing Line Exposure”: at any time, the sum of the aggregate amount of all outstanding Multicurrency Swing Line Loans at such time. The Multicurrency
Mortgage and Security Agreement means a conditional Mortgage and Security Agreement in substantially the form of Exhibit B to be delivered by the Seller under the terms of this Agreement.
Mortgage and Security Agreement or “this Agreement” or “this Mortgage” shall mean this Mortgage and Security Agreement, as the same may from time to time be amended, restated, amended and restated, supplemented or otherwise modified.
Mortgage and Security Agreement means that certain Mortgage and Security Agreement, dated concurrently herewith, setting forth the terms, conditions, obligations and rights of the Parties as to the Collateral.
Mortgage and Security Agreement. (i) each Mortgage, Security Agreement, Assignment of Leases and Rents and Fixture Filing covering the Mortgaged Properties owned on the Closing Date and (ii) each Mortgage, Security Agreement, Assignment of Leases and Rents and Fixture Filing, substantially in the form of Exhibit L, with respect to each Mortgaged Property acquired after the Closing Date located in the United States.
Mortgage and Security Agreement or "this Agreement" means this Security Agreement.
Mortgage and Security Agreement means that certain Mortgage and Security Agreement dated as of November 18, 2009, as amended, modified or supplemented from time to time, or each such other security instrument required by Applicable Law, made by Borrower in favor of Security Agent, whereby Borrower granted to Security Agent a security interest in the “Collateral” as defined therein.