Mortgage Expenses definition

Mortgage Expenses means the cost of real estate taxes, appraisal fees, insurance fees, legal fees and any other expenses which may be required to maintain the priority of, or to protect or enforce Lender's rights in, the Multifamily Instrument, including (i) fees and expenses of the servicer engaged by Xxxxxx Mae to service and administer the Mortgage Loans which are not paid by Borrower, (ii) fees and expenses paid to maintain in full force and effect or realize the benefit of any insurance with respect to the Multifamily Instrument and (iii) any fees advanced on behalf of Borrower by Xxxxxx Xxx to any Related Trustee or Issuer.
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Mortgage Expenses means with respect to any Mortgage, collectively:
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Mortgage Expenses shall have the meaning ascribed to it in Section 4(d).
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Examples of Mortgage Expenses in a sentence

  • Should Lender (or "Servicer" as such term is defined in the Reimbursement Agreement) pay any Mortgage Expenses (as hereinafter defined), Borrower shall on demand immediately reimburse Lender (or Servicer, as applicable) for the full amount of such Mortgage Expenses paid by Lender (or Servicer, as applicable).

  • B10.2 Traffic control signs (such as stop, yield, and speed limit signs) shall be installed by the Owner of said subdivision in compliance with the latest version of the TxMUTCD and at the locations as indicated on the approved construction plans.

  • If MCLP does advance its own funds in any such circumstances, MCLP shall be reimbursed by MCAN for such advance(s) in accordance with Section 9.7, and shall be entitled to interest on such funds at the rate applicable to the Mortgage in question from the date of payment of such Mortgage Expenses until such amount has been fully reimbursed to MCLP.

  • Upon receipt of such notice MCAN may notify MCLP that MCAN will expend its own finds to pay such Mortgage Expenses under such Originated Mortgage.

  • Documentation of Rent or Mortgage Expenses (March 1, 2020 to November 30, 2020): Scan and upload documentation of your rent or mortgage expenses for your facility/venue, as well as proof that you paid those expenses.

  • MCLP shall not be required (nor will it have any obligation) to expend its own funds to pay Mortgage Expenses under an Originated Mortgage, provided that MCLP may (but need not), on written notice to MCAN, advance its own funds for such purpose if it deems it necessary or desirable to do so.

  • CFR Manual Section 15: CFR 3 Line 31 Mortgage Expenses – Any agency administration mortgage expenses.

  • At the conclusion of the internship, there is no obligation to ask the student to return for another internship or extend an offer of regular employment.Contemplated dismissal of an intern should be reviewed in advance by a high level of management.

  • See Prospectus - Mortgage Expenses Facility - Definitions in section 3Guarantor rating trigger FitchRatings (short term)below F1Guarantor rating trigger FitchRatings (long term)below AGuarantor rating trigger Moody's Investors Service (short term)below P-1Guarantor rating FitchRatings (short term)F1Guarantor rating FitchRatings (long term)AGuarantor rating Moody's Investors Service (short term)P-2(cf.

  • The same type of documentation that is provided for pre‐COVID‐era financial activity under #3 above should be provided as documentation of the business’s COVID‐era financial activity.5. Documentation of Rent or Mortgage Expenses (March 1, 2020 to Today): Scan and upload documentation of your rent or mortgage expenses for your place of business, as well as proof that you paid those expenses.


More Definitions of Mortgage Expenses

Mortgage Expenses means the cost of real estate taxes, appraisal fees, insurance fees, legal fees and any other expenses which may be required to maintain the priority of, or to protect or enforce Lender's rights in, the Multifamily Instrument, including (i) fees and expenses of the Servicer which are not paid by Borrower, (ii) fees and expenses paid to maintain in full force and effect or realize the benefit of any insurance with respect to the Multifamily Instrument and (iii) any fees or expenses advanced on behalf of Borrower by Xxxxxx Xxx to the Bond Trustee or the Issuer.
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Mortgage Expenses means the increased amount of interest payment created as a result of higher interest rate for a mortgage of the same principal amount on a replacement premises.
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Mortgage Expenses means the costs of taxes, foreclosure fees, insurance fees, legal fees and any other expenses which may be required to maintain the priority of the Agency’s lien, or to maintain in full force and effect any insurance or guarantee, on any Mortgage Loan.
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Related to Mortgage Expenses

  • Insurance Expenses means any Insurance Proceeds (i) applied to the repair of the related Leased Vehicle, (ii) released to the related Lessee in accordance with applicable law or the Customary Servicing Practices or (iii) representing other related expenses incurred by the Servicer that are not otherwise included in Liquidation Expenses or Disposition Expenses and recoverable by the Servicer under any applicable Servicer Basic Documents.

  • Insured Expenses Expenses covered by an Insurance Policy or any other insurance policy with respect to the Mortgage Loans.

  • Management Expenses means the costs, charges and expenses necessarily and reasonably incurred or to be incurred for the management and maintenance of the Land and the Building and the Common Areas and Facilities therein to be borne by the Owners including the remuneration of the Manager as provided in this Deed;

  • Related Expenses means any and all costs, liabilities, and expenses (including, without limitation, losses, damages, penalties, claims, actions, reasonable attorney's fees, legal expenses, judgments, suits and disbursements) reasonably incurred by, or imposed upon, or asserted against, Lender in any attempt by Lender:

  • Additional Servicing Expenses means (a) all Property Protection Advances, fees and/or expenses incurred by and reimbursable to any Servicer, Trustee, Certificate Administrator or fiscal agent pursuant to the Servicing Agreement relating solely to the Mortgage Loan, and (b) all interest accrued on Advances made by (x) any Servicer or Trustee in accordance with the terms of the Servicing Agreement or (y) any Non-Lead Servicer or Non-Lead Trustee in accordance with the terms of the Non-Lead Securitization Servicing Agreement.

  • Collection Costs means an amount that the Municipality can charge with regard to the enforcement of a consumer’s monetary obligations;

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Leasing Costs means, with respect to a particular Lease, all capital costs, expenses incurred for capital improvements, equipment, painting, decorating, partitioning and other items to satisfy the initial construction obligations of the landlord under such Lease (including any expenses incurred for architectural or engineering services in respect of the foregoing), “tenant allowances” in lieu of or as reimbursements for the foregoing items, payments made for purposes of satisfying or terminating the obligations of the tenant under such Lease to the landlord under another lease (i.e., lease buyout costs), relocation costs, temporary leasing costs, leasing commissions, brokerage commissions, legal, design and other professional fees and costs, in each case, to the extent the landlord is responsible for the payment of such cost or expense under the relevant Lease or any other agreement relating to such Lease.

  • Trust Expenses means any liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the Trust.

  • Class Expenses means expenses incurred by a particular Class in connection with a shareholder services arrangement or a distribution plan that is specific to such Class or any other differing share of expenses or differing fees, in each case pursuant to a plan adopted by the Trust pursuant to Rule 18f-3 under the 1940 Act, as such plan or Rule may be amended from time to time;

  • Liquidation Expenses With respect to a Mortgage Loan in liquidation, unreimbursed expenses paid or incurred by or for the account of the Master Servicer or the related Servicers, such expenses including (a) property protection expenses, (b) property sales expenses, (c) foreclosure and sale costs, including court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably paid or incurred in connection with liquidation.

  • Permitted Expenses shall include, without limitation, the expenses set forth in Sections 5.10 and 9.2 hereof.

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.

  • Marketing Expenses means the sum of Marketing Management Expenses, Advertising and Market Research Expenses and Education Expenses.

  • Pass-Through Expenses means reasonable and actual out-of-pocket expenses incurred by Contractor for equipment, materials, supplies or other Services provided to LAUSD, but not including Contractor’s overhead costs, administrative expenses or other mark-ups.

  • Liquidity Expenses means all Liquidity Obligations other than (i) the principal amount of any Drawings under the Liquidity Facilities and (ii) any interest accrued on any Liquidity Obligations.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Transfer expenses means all expenses of a transfer that the transfer agreement requires the payee to pay or have deducted from the gross advance amount, including, but not limited to, court filing fees, attorney fees, escrow fees, lien recordation fees, judgment and lien search fees, finders' fees, commissions, and other payments to a broker or other intermediary. Transfer expenses do not include preexisting obligations of the payee that are payable for the payee's account from the proceeds of a transfer.

  • Recovery Expenses means, for any Recovery Quarter, the amount of actual, reasonable and necessary out-of-pocket expenses (other than Capitalized Expenditures) paid to third parties (other than Affiliates of the Assuming Bank) by or on behalf of the Assuming Bank, as limited by Sections 3.2(c) and (d) of Article III to this Commercial Shared-Loss Agreement, to recover amounts owed with respect to (i) any Shared-Loss Asset as to which a Charge-Off was effected prior to the end of the final Shared-Loss Quarter (provided that such amounts were incurred no earlier than the date the first Charge-Off on such Shared-Loss Asset could have been reflected on the Accounting Records of the Assuming Bank), and (ii) Failed Bank Charge-Offs/Write-Downs (including, in each case, all costs and expenses related to an Environmental Assessment and any other costs or expenses related to any environmental conditions with respect to the Shared-Loss Assets (it being understood that any remediation expenses for any such pollutant or contaminant are not recoverable if in excess of $200,000 per Shared-Loss Asset, without the Assuming Bank having obtained the prior consent of the Receiver for such expenses); provided, that, so long as income with respect to a Shared-Loss Loan is being prorated pursuant to the arithmetical formula in subsection (II) of the definition of “Recoveries”, the term “Recovery Expenses” shall not include that portion of any such expenses paid during such Recovery Quarter to recover any amounts owed on that Shared-Loss Loan that is derived by: subtracting (1) the product derived by multiplying:

  • Claim Expenses means reasonable documented attorneys’ fees and all other reasonable documented out-of-pocket costs, expenses and obligations (including experts’ fees, travel expenses, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim, including any Action relating to a claim for indemnification or advancement brought by an Indemnified Party as contemplated in Section 7.5.

  • Reimbursable Expenses means, for any Shared-Loss Quarter, the amount of actual, reasonable and necessary out-of-pocket expenses (other than Capitalized Expenditures), paid to third parties (other than Affiliates of the Assuming Institution) by or on behalf of the Assuming Institution, as limited by Sections 3.2(c) and (d) of Article III of this Commercial Shared-Loss Agreement, to:

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Current Expenses means operating costs other than personal services and shall not

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.