Examples of Note Mortgages in a sentence
There is no right of offset, abatement, diminution, or rescission or valid defense or counterclaim with respect to any of the related Mortgage Note, Mortgage(s) or other agreements executed in connection therewith, except in each case, with respect to the enforceability of any provisions requiring the payment of default interest, late fees, additional interest, yield maintenance charges or prepayment premiums and, as of the Closing Date, to the Seller's actual knowledge no such rights have been asserted.
Subject to the limitations and exceptions as to enforceability set forth in paragraph (v) above, there is no valid offset, defense, counterclaim or right of rescission, abatement of amounts due under the Mortgage Note or diminution of amounts due under the Mortgage Note with respect to any of the related Mortgage Note, Mortgage(s) or other agreements executed in connection with such Mortgage Loan and, as of the Closing Date, to the actual knowledge of the Seller, no such claim has been asserted.
Subject to the limitations and exceptions as to enforceability set forth in paragraph (v) above, there is no valid offset, defense, counterclaim or right of rescission, abatement of amounts due under the Mortgage Note or diminution of amounts due under the Mortgage Note with respect to any of the related Mortgage Note, Mortgage(s) or other agreements executed in connection with such Mortgage Loan and, as of the Closing Date, to the actual knowledge of the Depositor, no such claim has been asserted.
All terms defined in this Agreement shall have the same meanings when used in the Note, Mortgages, any other Loan Documents, or any certificate or other document made or delivered pursuant hereto.
Lender shall have the right to assign, transfer, sell, negotiate, pledge or otherwise hypothecate this Agreement and any of its rights and security hereunder, including the Note, Mortgages, and any other Loan Documents.
The reason for introducing this new condition is to provide the revenue-adjusting term that reflects any additional revenue the Authority may, at its discretion, award the licensee under the Losses Discretionary Reward, which was set out as part of the Strategy Decision.
Subject to the limitations and exceptions as to enforceability set forth in paragraph (v) above, there is no valid offset, defense, counterclaim or right of rescission, abatement of amounts due under the Mortgage Note or diminution of amounts due under the Mortgage Note with respect to any of the related Mortgage Note, Mortgage(s) or other agreements executed in connection with the Mortgage Loan and, as of the Closing Date, to the actual knowledge of the Seller, no such claim has been asserted.
Id. ¶¶ 23-27.4 Pursuant to the terms of the Note, Mortgages, Guaranty and Loan, Kennedy elected to declare the entire principal sum with all unpaid accrued interest and late charges immediately due and payable.
Borrower has such title to the Notes and Note Mortgages as it acquired, and full right and authority to pledge, assign and encumber the same.
Each of the Loan Agreement, Note, Mortgages, Assignments of Rent and the Security Agreement are dated September 5, 2003 and shall be referenced collectively herein as the “Loan Documents”.