Note Mortgages definition

Note Mortgages means a collective reference to each mortgage, deed of trust and any other document or instrument under which any Lien on real property owned or leased by any Grantor is granted to secure any Note Obligations or under which rights or remedies with respect to any such Liens are governed.
Note Mortgages in Section 1.1 of the Loan Agreement is deleted in its entirety and the following substituted in its place and stead:
Note Mortgages means those certain deeds of trust, mortgages or security interests, including those securing the repayment of the interests of the note makers of Pledged T Notes, encumbering certain real property, or real or personal property, which serves as collateral for the repayment of the Pledged A Notes, the Pledged B Notes, the Pledged C Notes, and the Pledged T Notes."

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”.


More Definitions of Note Mortgages

Note Mortgages. MEANS THOSE CERTAIN DEEDS OF TRUST, MORTGAGES OR SECURITY INTERESTS ENCUMBERING CERTAIN REAL PROPERTY, WHICH SERVES AS COLLATERAL FOR THE REPAYMENT OF THE PLEDGED A NOTES AND THE PLEDGED B NOTES.
Note Mortgages means all mortgages, deeds of trust, security agreements, financing statements and similar documents, instruments and agreements (and all amendments, modifications and supplements thereof) creating, evidencing, perfecting or otherwise establishing the Liens on the Collateral to secure payment of the Notes and the Guarantee or any part thereof.
Note Mortgages means all mortgages, deeds of trust and other documents under which a Lien on real property is granted to secure the Note Obligations.
Note Mortgages means those certain deeds of trust, mortgages or security interests, including those securing the repayment of the interests of the note makers of the Pledged A Notes, the Pledged B Notes, the Pledged C Notes, the Pledged D Notes, the Pledged E Notes and the Pledged T Notes, encumbering certain real property, or real or personal property, which serves as collateral for the repayment of the Pledged A Notes, the Pledged B Notes, the Pledged C Notes, the Pledged D Notes, the Pledged E Notes and the Pledged T Notes.
Note Mortgages means those certain deeds of trust, mortgages or security interests encumbering certain real property, which serves as collateral for the repayment of the Pledged A Notes, the Pledged B Notes, and the Pledged C Notes."

Related to Note Mortgages

  • Mortgages means, individually and collectively, one or more mortgages, deeds of trust, or deeds to secure debt, executed and delivered by Parent or its Subsidiaries in favor of Agent, in form and substance reasonably satisfactory to Agent, that encumber the Real Property Collateral.

  • Security Instrument A written instrument creating a valid first lien on a Mortgaged Property securing a Mortgage Note, which may be any applicable form of mortgage, deed of trust, deed to secure debt or security deed, including any riders or addenda thereto.

  • Mortgage shall have the meaning assigned to such term in the recitals.