Mortgagee Waiver definition

Mortgagee Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent, executed by a mortgagee in respect of Inventory of any Borrowing Base Contributor located at any mortgaged premises of such Borrowing Base Contributor.
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Mortgagee Waiver means that certain Mortgagee Waiver, dated as of the date hereof, by and between Lender and Marine Midland Bank, as Trustee for the holders of the Senior Notes and Collateral Agent under the Senior Notes Collateral Agreements.
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Mortgagee Waiver means a Mortgagee Waiver executed on or prior to the Closing Date in favor of the Administrative Agent by each mortgagee with respect to the fee underlying the Lease, substantially in the form of Exhibit E, either as originally executed or as it may from time to time be supplemented, modified, amended, restated or extended.
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Examples of Mortgagee Waiver in a sentence

  • Without limiting Subsection 11.2 of the Agreement, the Borrowers will indemnify the Agent for all costs and expenses it may incur in connection with the Mortgagee Waiver and Intercreditor Agreement dated as of September 29, 1995 between Agent and Creditanstalt Corporate Finance, Inc., which costs and expenses will be payable on demand.

  • Receipt of an executed copy of the Bank's standard Mortgagee Waiver from Ocwen Federal Savings Bank in its capacity as the holder of a mortgage on the Borrower's Easton property.

  • Tenant hereby acknowledges that Landlord has heretofore executed certain waivers (the “Waivers”) with respect to any lien that Landlord may have covering certain equipment, the acquisition of which is being financed by Tenant, which Waivers include Landlord or Mortgagee Waiver dated August 1, 2006 relating to a lease between Tenant and Regions Financial Corporation and Landlord or Mortgagee Waiver dated August 1, 2006 relating to a lease between Tenant and BOKF Equipment Finance, Inc.

  • Lessee agrees to provide Lessor with a Landlord/ Mortgagee Waiver with respect to the Equipment.

  • NATIONAL CITY BANK, as Collateral Agent By:____________________________________ Vice President ACKNOWLEDGMENT AND CONSENT The undersigned hereby acknowledges and consents to the foregoing Mortgagee Waiver.

  • Field cutting shall be kept to a minimum and performed as recommended by manufacturer.

  • They suggested that two dxy bands possessed a Rashba-like spin splitting characterized by their opposite spin orientation, Fig.

  • A Mortgagee Waiver and Consent Agreement, among the Mortgagee, the Mortgagor and BankBoston Retail Finance, Inc.

  • A drop box shall be required for each trench and an inspection pipe on each drop box shall be brought to finished grade.

  • Delivery of fully executed Occupancy Agreement and Mortgagee Waiver of Lien as required by Lender for each location where the Collateral is located.

Related to Mortgagee Waiver

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

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • Landlord Default shall have the meaning given such term in Article 14.

  • Leasehold Mortgagee means the holder of a Leasehold Mortgage.

  • Facility Mortgagee means the holder of any Facility Mortgage.

  • First Mortgagee means the holder of any First Mortgage.

  • Superior Landlord means the person for the time being who owns the interest in the Premises which gives him the right to possession of the Premises at the end of the Landlord’s lease of the Premises.

  • Damage waiver means a rental company’s agreement not

  • Successor Landlord shall have the meaning given such term in Section 20.2.

  • Eligible Mortgagee means the holder of a security interest on a unit that has filed with the secretary of the association a written request that it be given copies of notices of any action by the association that requires the consent of mortgagees.

  • SNDA means a Supplemental New Drug Application, as defined in the FDCA and applicable regulations promulgated thereunder.

  • Second Mortgage means a mortgage from which the proceeds of a loan or other extension of credit made by a third person are secured by a mortgage on the real property for which the mortgagor has used the proceeds of the loan or other extension of credit to pay all or part of the purchase price of the property.

  • FHA Approved Mortgagee A corporation or institution approved as a mortgagee by the FHA under the Act, and applicable HUD regulations, and eligible to own and service mortgage loans such as the FHA mortgage loans.

  • Additional Rent(s) means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Superior Lease means the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises.

  • Leasehold Mortgage means a mortgage, a deed of trust, a deed to secure debt, or other security instrument by which the Leasehold is mortgaged, conveyed, assigned, or otherwise transferred to secure a debt or other obligation.

  • Ground Lessor means each lessor that has executed a Ground Lease (collectively, the “Ground Lessors”).

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • Subordination The provisions described in Section 4.05 relating to the allocation of Realized Losses.

  • Lien Waiver means an agreement, in form and substance reasonably satisfactory to the Administrative Agent by which (a) for any Collateral located on an owned premises subject to a mortgage or deed of trust in favor of a Person other than the Administrative Agent, the mortgagee or beneficiary, as applicable, waives or subordinates any Lien it may have on the Collateral, and agrees to permit the Administrative Agent to enter upon the premises and remove the Collateral as permitted hereunder or to use the premises to store or dispose of the Collateral, (b) for any Collateral located on leased premises, the lessor waives or subordinates any Lien it may have on the Collateral, and agrees to permit the Administrative Agent to enter upon the premises and remove the Collateral as permitted hereunder or to use the premises to store or dispose of the Collateral and additionally, with respect to any leased premise that is a flea markets or other temporary location, the lessor thereof allows the Administrative Agent satisfactory access to such location for the purposes of conducting a “going out of business” sale at such location for a period of not less than 15 weeks following the termination of the lease or the expiration of the lease by its terms; (c) for any Collateral held by a warehouseman, processor, shipper or similar Person, such Person waives or subordinates any Lien it may have on the Collateral, agrees to hold any documents in its possession relating to the Collateral as agent for the Administrative Agent, and agrees to deliver the Collateral to Administrative Agent upon request; (d) for any Collateral held by a repairman, mechanic or bailee, such Person acknowledges the Administrative Agent’s Lien, waives or subordinates any Lien it may have on the Collateral, and agrees to deliver the Collateral to the Administrative Agent upon request; and (e) for any Collateral subject to a licensor’s intellectual property rights, the licensor grants to the Administrative Agent the right, vis-à-vis such licensor, to enforce the Administrative Agent’s Liens with respect to the Collateral, including the right to dispose of it with the benefit of the intellectual property, whether or not a default exists under any applicable license.

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • Assignment of Insurances shall have the meaning provided in the definition of “Collateral and Guaranty Requirements”.

  • Landlord Consent and Estoppel means, with respect to any Leasehold Property, a letter, certificate or other instrument in writing from the lessor under the related lease, pursuant to which, among other things, the landlord consents to the granting of a Mortgage on such Leasehold Property by the Credit Party tenant, such Landlord Consent and Estoppel to be in form and substance acceptable to Collateral Agent in its reasonable discretion, but in any event sufficient for Collateral Agent to obtain a Title Policy with respect to such Mortgage.

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition, Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 12 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.