Mortgage Lien Amount definition

Mortgage Lien Amount means Deed of Trust Lien Amount.
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Mortgage Lien Amount or "Lien Amount" therein is solely for use in calculating the Borrowing Base and shall not prohibit, limit, or restrict (a) Agent's lien against each Facility pursuant to the Financing Documents; or (b) any of Agent's remedies provided in a Financing Document.
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Examples of Mortgage Lien Amount in a sentence

  • Notwithstanding anything to the contrary set forth within the Financing Documents, the designation of a "Deed of Trust Lien Amount", "Mortgage Lien Amount" or "Lien Amount" therein is solely for use in calculating the Borrowing Base and shall not prohibit, limit, or restrict (a) Agent's lien against each Facility pursuant to the Financing Documents; or (b) any of Agent's remedies provided in a Financing Document.

Related to Mortgage Lien Amount

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

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

  • Cross-Collateralized Mortgage Loan Any Mortgage Loan, that is, by its terms, cross-defaulted and cross-collateralized with any other Mortgage Loan; provided that the Mortgage Loans that are part of any Loan Combination shall not constitute Cross-Collateralized Mortgage Loans.

  • Refinancing Mortgage Loan Any Mortgage Loan originated in connection with the refinancing of an existing mortgage loan.

  • Mortgage Pool The pool of Mortgage Loans, identified on Schedule 1 from time to time, and any REO Properties acquired in respect thereof.