Mortgage Loan Collateral definition

Mortgage Loan Collateral means all Mortgage Notes and related Principal Mortgage Documents, Other Mortgage Documents, and other Collateral.

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

Mortgage Loan Collateral has the meaning set forth in the Guaranty.

Examples of Mortgage Loan Collateral in a sentence

• In case of satisfaction of the application of the Pledger on the independent implementation of the Mortgage Loan Collateral, filed in the manner prescribed by the Law of the Republic of Kazakhstan “On Mortgage of Real Estate”, suspend measures against the Borrower and the Pledger provided for in paragraphs 2 and 2-1 of Article 36 of the Law of the Republic of Kazakhstan On banks and banking activities in the Republic of Kazakhstan.

• Unless released in writing by the Administrative Agent as herein provided, the security interest in favor of the Administrative Agent for the benefit of the holders of the Obligations, in all Mortgage Loan Collateral transmitted pursuant to Section 3.3(b) shall continue in effect until such time as payment in full of the amount described in Section 3.3(b)(iii) shall have been received.

• So long as no Default or Event of Default is continuing, the Borrower or the Servicer (on behalf of the Borrower) may from time to time submit a Shipping Request that would permit a sale of Mortgage Loan Collateral to, or the pooling of Mortgage Loan Collateral for, an Approved Investor, pursuant to a Take-Out Commitment.

• The March 31, 2011 petition of SPP RE asking the Commission to review NERC’s decision not to approve a request for a transfer of the registration of NPPD, OPPD, Hastings and Grand Island on the NERC Compliance Registry from MRO to SPP RE 1 NERC was certified by FERC as the electric reliability organization (“ERO”) authorized by Section 215 of the Federal Power Act.

• The Adequate Protection Obligations due to Senior Lender shall constitute allowed superpriority administrative expense claims against the Debtors in the amount of any actual diminution (if any) in value of the Mortgage Loan Collateral (including Cash Collateral) as provided in section 507(b) of the Bankruptcy Code (the “Adequate Protection Superpriority Claims”), subject and subordinateonly to the Carve-Out.

More Definitions of Mortgage Loan Collateral

Mortgage Loan Collateral means: All of the Loan Party’s right, title and interest in, to and under each of the following items of property, whether now owned or hereafter acquired, now existing or hereafter created and wherever located:

Mortgage Loan Collateral means, collectively, (i) each Mortgage Loan; (ii) all right, title and interest of the applicable Borrower Entity in, to and under any policy of insurance, including, without limitation, all fire and extended coverage insurance policies, payable by reason of loss or damage to a Mortgage Loan and any other Collateral; (iii) the related Mortgage Loan Documents, including, without limitation, the Mortgage Notes; (iv) all other claims and causes of action which the applicable Borrower Entity now has or may in the future acquire in its capacity as owner of such Mortgage Loan; (v) all “accounts”, “deposit accounts”, “general intangibles”, “instruments”, “securities”, “investment property” and “supporting obligations” (in each case as defined in the Uniform Commercial Code) constituting or relating to the foregoing; (vi) all books and records related to the foregoing; and (vii) all Proceeds of any of the foregoing (including, without limitation, any proceeds of insurance thereon).

Mortgage Loan Collateral. All of the Issuer’s right, title and interest in, to and under each of the following items of property, whether now owned or hereafter acquired, now existing or hereafter created and wherever located:

Mortgage Loan Collateral means the real property and all improvements thereon securing a Mortgage Loan.

Mortgage Loan Collateral. With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan.

Mortgage Loan Collateral. With respect to each Mortgage Loan, the real property, improvements, fixtures, personalty, insurance policies, accounts, escrows and any other collateral pledged by the Mortgage Loan Obligor (and, if applicable, by any guarantor of such Mortgage Loan) to (i) Borrower as security for such Mortgage Loan (or applicable guaranty) pursuant to the applicable Mortgage and other Mortgage Loan Collateral Documents, (ii) in the case of Bonds and Interim Loans (other than the Initial Interim Loan), to the trustee under the related First Mortgage Indenture as pari passu security for such Mortgage Loans (or applicable guaranty) and the Bonds issued under the applicable First Mortgage Indenture, and (iii) in the case of the Initial Interim Loan, to the trustee under the indenture pursuant to which the Bonds pledged to secure the Initial Interim Loan have been issued, as pari passu security for all Bonds issued under such indenture. Mortgage Loan Collateral shall not include Excluded Mortgage Loan Collateral.

Mortgage Loan Collateral and "Mortgage Loan Documents" were to mean and refer to such senior loan, the collateral therefor and the documents evidencing and securing the same), (iv) such Foreclosure Subsidiary shall be in full compliance with all covenants and obligations under the related Mortgage Loan Documents and Intercreditor Agreements, and (v) within sixty (60) days of Receipt by Borrower of the Ineligibility Notice, Borrower shall have delivered to Lender, the Cash Reserve in respect of such Mortgage Loan. The Cash Reserve shall be made available to Borrower on a monthly basis to reimburse Borrower for legal, administrative and other costs related to such foreclosure either set forth in a foreclosure budget approved by Lender in its Permitted Discretion or otherwise approved by Lender in its Permitted Discretion, and expended by Borrower or such Foreclosure Subsidiary in the exercise of such Person's rights or remedies in respect of such Mortgage Loan or to cure any defaults under the applicable Mortgage Loan Documents or Intercreditor Agreements. Lender agrees to invest the Cash Reserve in investments which yield no less than one percent (1%) per annum. All such investments shall be at the risk of Borrower and Lender shall not be liable to any person or entity with respect to any loss with respect to such investments in the absence of Lender's gross negligence or willful misconduct. All income from such investments shall be taxable to Borrower, and Borrower shall pay when due such taxes on such income. Borrower hereby grants to Lender a security interest in all such amounts which are from time to time held as a Cash Reserve and expressly waives all rights (which rights Borrower hereby acknowledges and agrees are vested exclusively in Lender) to exercise dominion or control over any such amounts or the Cash Reserve.