Mortgage Loan Receivable definition

Mortgage Loan Receivable means any loan or other note receivable owned by or held by any of the Consolidated Parties, in each case, secured by a mortgage or deed of trust on Property.
Mortgage Loan Receivable means any term loan made by Company to a borrower in connection with a Real Estate Mortgage Loan, in each case as amended, modified or supplemented from time to time, and all rights of every nature of Company and all obligations of the Mortgagor thereunder.
Mortgage Loan Receivable means the right to all repayments and other payments in respect of any and all advances extended from time to time before, on or after this Agreement by Borrower, Servicer or Seller under a Mortgage Note that are owing to Borrower (or owing to Borrower and owing to a participant (or participants) under a Participation Agreement whose interests in such right to repayment are pari passu with, or subordinated to, Borrower’s interests therein; provided, that Borrower and Servicer have exclusive control over the enforcement and/or waiver of the Mortgage Loan Receivable and any rights under or terms of the related Contract and any related agreements, documents or instruments, subject to Participant Voting Rights) by the related Obligor, all other rights against such Obligor under such Mortgage Note (including, without limitation, all rights with respect to the payment of principal, interest, fees, prepayment fees, default interest and other amounts under such Mortgage Note) and all rights of a secured party (as such term is defined in the UCC) with respect to the unpaid balance of any amounts payable under such Mortgage Note, including, without limitation all proceeds of the foregoing and all enforcement rights in respect thereof.

Examples of Mortgage Loan Receivable in a sentence

  • Lease and Mortgage Loan Receivable Maturity LTC’s investment portfolio has a long-term weighted roll-over maturity schedule.

  • Each PSU granted under the LTIP represents a notional share of the Company’s common stock.

  • If the assets are sold or otherwise taken out-of-service before the assets would have been fully depreciated using the straight line method the difference is recaptured.

  • Prior to the termination of this Agreement, the obligations of the Servicer under this Agreement shall not be subject to any defense, counterclaim or right of offset which the Servicer has or may have against the Issuer, the Trustee or any Noteholder whether in respect of this Agreement, the Indenture, the Notes, the Receivables Purchase Agreement, any Contract, Mortgage Loan, Receivable, Related Security or otherwise.

  • Accounting for Mortgage Loan Receivable - In May 1993, the Financial Accounting Standards Board issued Statement of Accounting Standards No. 114, "Accounting by Creditors for Impairment of a Loan" ("FAS 114"), as amended by FAS No. 118, "Accounting by Creditors for Impairment of a Loan - Income Recognition and Disclosures," which states that a loan is considered impaired and a provision for credit losses is required if it is probable that all amounts of principal and interest due will not be collected.

  • Mortgage Loan Receivable On September 20, 1993, the Company purchased a 30% participation in a promissory note from Life Investors Insurance Company of America ("Life Investors"), an affiliate of AEGON Realty Advisors.

  • In some countries the results may be clustered around the mean and in other countries there may be large numbers of students scoring very high results and very low results.It would be impossible to compute dispersion indices with only the difficulty indices, based on percentage of correct answers of all the items.

  • In connection with such repurchase, Customer shall pay to Paying Agent the Customer Repurchase Price with respect to such Mortgage Loan Receivable, and thereafter sell the Mortgage Loan Receivable to a third party, thereby removing the Mortgage Loan Receivable from the List of Receivables and reducing the Aggregate Principal Outstanding in an amount equal to the Customer Repurchase Price relating to such Mortgage Loan Receivable.

  • We believe that these sustained periods of vessel supply/demand imbalances are mainly a function of the multi-year ordering and production cycle associated with the manufacture of new vessels, which requires shipping lines to estimate market growth many years into the future.

  • There are no delinquent or unpaid taxes, ground rents, water charges, sewer rents or assessments outstanding with respect to the related Mortgaged Property, nor any other material outstanding Liens other than Permitted Encumbrances affecting such Mortgaged Property that would materially affect the interests of the Purchasers in the related Mortgage Loan Receivable.


More Definitions of Mortgage Loan Receivable

Mortgage Loan Receivable means the right to all repayments and other payments in respect of any and all

Related to Mortgage Loan Receivable