Mortgaged Facilities definition

Mortgaged Facilities means the Xxxxxxxx Facility, the Xxxx Facility, the Waukegan Facility, the Joliet #9 Facility, the Will County Facility, the Calumet Peaking Unit, the Electric Junction Peaking Unit, the Lombard Peaking Unit and the Sabrooke Peaking Unit together with any and all easements benefiting any of the foregoing.
Mortgaged Facilities means and refer to, individually or collectively, as the case may be, the nursing home or adult care facilities owned by CNP and located in the counties of DeSoto, Hardee and Lake, respectively, in the State of Florida that are the xxxxxct of the Florida Lease and the Mortgage Loan.
Mortgaged Facilities means all buildings, structures, additions, improvements, facilities, Fixtures and real property hereafter located in, upon or under the Real Property, together with any substitutions or additions from time to time made thereto, but less any transfers thereof and removals made therefrom in the manner and to the extent permitted in the Deed of Trust or any future mortgage or deed of trust entered into in order to secure a series of Bonds.

Examples of Mortgaged Facilities in a sentence

  • The Borrower shall default in the due performance and observance of any of its obligations under Section 7.1.1(f)(i), 7.1.2, 7.1.5 (solely with respect to the Mortgaged Facilities), 7.1.9 or 7.2.

  • Omega hereby accepts the transfer and conveyance of the Mortgaged Facilities and the Personal Property from CNP made concurrently herewith in full payment and satisfaction of the Mortgage Loan and all amounts due under the Mortgage Note for principal, interest, the Participation Factor described therein and all other sums due there under.

  • The Borrowers shall, at their expense, deliver to the Trustee on the Date of Issuance a title insurance policy or endorsement thereto insuring the Trustee against title losses with respect to the Mortgaged Property in an amount not less than the sum of the replacement value of the Mortgaged Facilities, or a commitment therefor, satisfactory to the Trustee (the “Title Policy”) issued by Xxxxxxx Title of Southwestern Montana, LLC (the “Title Insurer”).

  • The consummation of the transactions contemplated by this Agreement and pertaining to the Florida Mortgaged Facilities and CNP/Counsel obligations (the "Deferred Closing") shall take place on or before one hundred twenty (120) days after the Initial Closing Date (the "Deferred Closing Date").

  • Further, the parties acknowledge and agree that the foregoing defaults under the CNP Note and CNP Mortgage, and the applicable and relevant obligations of Advocat under the Advocat Guaranties with respect thereto will be cured and/or settled upon consummation of the transactions contemplated by Paragraph 3 relating to the Florida Mortgaged Facilities.


More Definitions of Mortgaged Facilities

Mortgaged Facilities means the properties described as Items 1, 2, 3, 4, 5, 6, 8, 9, 12, 13 and 15 in Part I of Schedule III hereto.
Mortgaged Facilities means the properties encumbered by the Mortgages and described as Items 1, 2, 3, 4, 5, 6, 7, 10, 11 and 12 in Part I of Schedule 4.03(c) hereto.
Mortgaged Facilities means property subject to the liens of the Deeds of Trust.
Mortgaged Facilities means the manufacturing facilities of the Company located in or near Decatur, Alabama, Pensacola, Florida, Indian Orchard, Massachusetts, Trenton, Michigan, Greenwood, South Carolina and Alvin, Texas and the production facility of CPFilms Inc. located in or near Martinsville, Virginia.
Mortgaged Facilities means the Xxxxxxxx Station (including the Xxxxxxxx Peaking Unit), the Xxxx Station (including the Xxxx Peaking Unit), the Waukegan Station (including the Waukegan Peaking Unit), the Joliet #9 Station (including the Joliet #9 Peaking Unit), the Will County Station, the Calumet Peaking Unit, the Electric Junction Peaking Unit, the Lombard Peaking Unit and the Sabrooke Peaking Unit.
Mortgaged Facilities means the Xxxxxxxx Facility, the Xxxx Facility, the Waukegan Facility, the Joliet #9 Facility and the Will County Facility together with any and all easements benefiting any of the foregoing.
Mortgaged Facilities means the manufacturing facilities -------------------- of the Company located in or near Decatur, Alabama, Pensacola, Florida, Indian Orchard, Massachusetts, Trenton, Michigan, Greenwood, South Carolina and Alvin, Texas and the production facility of CPFilms Inc. located in or near Martinsville, Virginia. Junior Security Agreement -------------------------