Mortgagee definition

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

Mortgagee means the mortgagee, grantee or beneficiary under any Mortgage, any holder of legal title to any portion of any Mortgage Loan or, if applicable, any agent or servicer on behalf of such party. The exceptions to the representations and warranties set forth below are listed by the number of the related representation and warranty set forth on Exhibit C and the mortgage loan name and number identified on Exhibit A. Capitalized terms used but not otherwise defined in this Schedule C shall have the meanings set forth in Exhibit C or, if not defined therein, in this Agreement.

Examples of Mortgagee in a sentence

The related Mortgage obligates the Mortgagor to maintain all such insurance and, at such ▇▇▇▇▇▇▇▇▇’s failure to do so, authorizes the Mortgagee to maintain such insurance at the Mortgagor’s cost and expense and to seek reimbursement therefor from such Mortgagor.
The Mortgage contains an enforceable provision for the acceleration of the payment of the unpaid principal balance of the Mortgage Loan in the event that the Mortgaged Property is sold or transferred without the prior written consent of the Mortgagee thereunder.
In no event shall any officer, director, trustee, employee or representative of Landlord, Fee Owner or any Mortgagee ever be personally liable for any obligation under the Lease or this Agreement, nor shall Landlord, Fee Owner or any Mortgagee be liable for punitive, consequential or incidental damages or for lost profits whatsoever in connection with this Lease.
Tenant shall neither assert nor seek to enforce any claim against Landlord, MIT 130 Brookline LLC (“Fee Owner”) or any Mortgagee, or the assets of any of the foregoing, for breach of the Lease, this Agreement or otherwise, other than against ▇▇▇▇▇▇▇▇’s interest in the Building and in the uncollected rents, issues and profits thereof, and ▇▇▇▇▇▇ agrees to look solely to such interest for the satisfaction of any liability of Landlord under the Lease and/or this Agreement.
The Mortgage Loan was originated by or in conjunction with a Mortgagee approved by HUD pursuant to Sections 203 and 211 of the National Housing Act, a savings and loan association, a savings bank, a commercial bank, credit union, insurance company or similar banking institution which is supervised and examined by a federal or state authority.

More Definitions of Mortgagee

Mortgagee means the record holder of a Mortgage Note secured by a Mortgage.

Mortgagee means the holder of a Mortgage.

Mortgagee means the mortgagee, grantee or beneficiary under any Mortgage, any holder of legal title to any portion of any Mortgage Loan or, if applicable, any agent or servicer on behalf of such party. For purposes of these representations and warranties, the phrases “the Seller’s knowledge” or “the Seller’s belief” and other words and phrases of like import mean, except where otherwise expressly set forth in these representations and warranties, the actual state of knowledge or belief of the Seller, its officers and employees directly responsible for the underwriting, origination, servicing or sale of the Mortgage Loans regarding the matters expressly set forth in these representations and warranties.

Mortgagee shall include any purchaser at a foreclosure sale). Lessee's occupancy shall not be disturbed by Mortgagee during the term of this Lease or any extensions or renewals thereof. As indicated in Lease Article X, when Mortgagee is substituted as the Lessee's Lessor, Mortgagee is subject to the obligation of the Lease including any amendments to the Lease. It is the intention of the parties hereto to incorporate the Lease into this Agreement by reference with the same force and effect as if set forth fully verbatim herein.

Mortgagee means, with respect to any Mortgage as of any date of determination, the mortgagee named therein as of such date.

Mortgagee means a mortgagee, as defined in the Control Act, of the Burswood Casino Licence, the Site or the rights and benefits of the Trustee under this Agreement, as the case may be;

Mortgagee. Any holder of a mortgage, deed of trust or other security instrument encumbering the Property.