Mortgage Grantor definition

Mortgage Grantor means each Loan Party executing an Oil and Gas Mortgage in favor of Administrative Agent for the benefit of the Lenders.
Sample 1

Examples of Mortgage Grantor in a sentence

  • In the event any action or proceeding is commenced that questions Grantor's title or the interest of Lender under this Mortgage, Grantor shall defend the action at Grantor's expense.

  • Upon Beneficiary’s reasonable request, at any time and from time to time during the existence of this Mortgage, Grantor will provide at Grantor’s sole expense an inspection or audit of the Property and the Associated Property from an engineering or consulting firm approved by Beneficiary, indicating the presence or absence of Hazardous Materials on the Property.

  • Except as otherwise provided in this Mortgage, Grantor shall pay to Lender all amounts secured by this Mortgage as they become due and shall strictly perform all of Grantor's obligations under this Mortgage.

  • Except as otherwise provided in this Mortgage, Grantor shall pay to Lender all amounts secured by this Mortgage as they become due and shall strictly perform all of Grantor’s obligations under this Mortgage.

  • In the event any action or proceeding is commenced that questions Grantor’s title or the interest of Lender under this Mortgage, Grantor shall defend the action at Grantor’s expense.

  • In the event any action or proceeding is commenced that questions Xxxxxxx’s title or the interest of City under this Mortgage, Grantor shall defend the action at Grantor’s expense.

  • As long as any Mortgage remains outstanding, with respect to damage or destruction of the Residence encumbered by such Mortgage, Grantor is hereby authorized and empowered, at its option, to collect and receive the proceeds from any policy or policies of insurance in the name of the Grantee, and each insurance company is hereby authorized and directed to make payment of all such losses directly to Grantor instead of to Grantee and Grantor jointly.

  • Except as otherwise provided in this Mortgage, Grantor shall strictly perform all of Grantor’s obligations under this Mortgage and the Related Documents or Grantor shall pay to City all amounts secured by this Mortgage upon demand by City.

  • Grantor hereby agrees that any legal action or proceeding with respect to this Mortgage or the Loan Documents may be brought in the courts of the State of Connecticut or in the United States District Court for the District of Connecticut, as Beneficiary may elect, and, by the execution and delivery of this Mortgage, Grantor hereby accepts, with regard to any such action or proceeding, for itself and in respect of its property, generally and unconditionally, the jurisdiction of the aforesaid courts.

  • The instrument of transfer of a Share or Debenture shall be signed by or on behalf of the transferor and if applicable by the transferee and shall be delivered to the ICAV and that the transferee is entitled to enter the transfer in the Register.

Related to Mortgage Grantor

  • Mortgagor The obligor on a Mortgage Note.

  • Grantor means each and all of the persons or entities granting a Security Interest in any Collateral for the Loan, including without limitation all Borrowers granting such a Security Interest.

  • Trustor means a borrower under a deed of trust, who deeds property to a trustee as security for the payment of a debt.

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

  • 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.

  • 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.

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

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

  • Mortgagee The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.

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

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

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

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Mortgage Documents With respect to each Mortgage Loan, the mortgage documents required to be delivered to the Custodian pursuant to each Custodial Agreement.

  • ARM Mortgage Loan A Mortgage Loan pursuant to which the interest rate shall be adjusted from time to time in accordance with the related Mortgage Note.

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

  • Mortgage Instrument means any mortgage, deed of trust or deed to secure debt executed by a Credit Party in favor of the Administrative Agent, for the benefit of the Secured Parties, as the same may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • First Lien Mortgage Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

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

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Mortgage Borrower shall have the meaning set forth in the Recitals to this Agreement.

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

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • 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.