Mortgage Debt definition

Mortgage Debt means (i) debt secured only by real property at the time of the MSPLF Loan’s origination;2 and (ii) limited recourse equipment financings (including equipment capital or finance leasing and purchase money equipment loans) secured only by the acquired equipment.

Mortgage Debt means the total amount outstanding in respect of -

Mortgage Debt means the “Debt” as defined in the Mortgage Loan Agreement.

Examples of Mortgage Debt in a sentence

• The existing Mortgage Debt Advice Service has been instrumental in supporting households manage the distressing impact of repossession.

• However, the ongoing experience of Mortgage Debt Advice Service customers confirms to the Taskforce that further improvements can be achieved.

• Recommendation two – Resourcing the Mortgage Debt Advice Service to meet demand To meet the increasing estimated demand for free mortgage debt advice the Taskforce recommends that the funding for the Mortgage Debt Advice Service is increased.

• The Taskforce recommends that the Mortgage Debt Advice Service develops a bespoke training programme, in collaboration with mortgage lenders, which highlights the role of the specialist advice provider and showcases examples of best practice in collaborative engagement.

• Housing Rights Service currently receive £225,000 per annum to deliver the Mortgage Debt Advice Service (MDAS) to 1,350 clients per annum.

More Definitions of Mortgage Debt

Mortgage Debt means Debt of the Company or any Subsidiary secured by a Lien on one or more parcels of their real property.

Mortgage Debt means (1) debt secured only by real property at the time of origination of the MSPLF loan or the MSELF loan’s upsized tranche, as applicable, and (2) limited recourse equipment financings (including equipment capital or finance leasing and purchase money equipment loans) secured only by the acquired equipment. “Loans or Debt Instruments” is defined as debt for borrowed money and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments, and all guarantees of this debt.

Mortgage Debt means the sum of (x) the aggregate outstanding principal balance of all loans secured by one or more mortgages then encumbering the Mortgaged Property in question (including the related Co-op Mortgage Loan and any then existing subordinate mortgage loans) and (y) the principal amount of the proposed new subordinate mortgage loan; "New Loan-to-Value Ratio" shall mean, as of any date for any Co-op Mortgage Loan, the fraction, expressed as a percentage, the numerator of which is the Mortgage Debt for the related Mortgaged Property on such date, and the denominator of which is the Appraised Value of the related Mortgaged Property; and "Appraised Value" shall be based on an MAI appraisal of the applicable Mortgaged Property made, in conformance with NCB, FSB's customary underwriting requirements, not more than one year prior to the origination date of the related Co-op Mortgage Loan and reviewed by the NCB Master Servicer.

Mortgage Debt means debt secured by real property at the time of the MSPLF Loan’s origination.

Mortgage Debt means debt secured by real property at the time of the MSELF Upsized Tranche’s origination.

Mortgage Debt of any Person means at any date the aggregate principal amount of all Debt of such Person secured by a Lien on any real property owned or leased by it.

Mortgage Debt means all Indebtedness for Money Borrowed which is ------------- secured by a Mortgage.