Original Mortgage definition

Original Mortgage is defined in Section 1.
Original Mortgage means the Mortgage and Deed of Trust, dated as of November 1, 1944, by the Borrower to South Texas Commercial National Bank of Houston, as Trustee (The Bank of New York Trust Company, N.A., as successor Trustee), as amended, modified or supplemented from time to time.
Original Mortgage means any Mortgage executed and delivered pursuant to the Original Credit Agreement.

Examples of Original Mortgage in a sentence

  • The Original Mortgage, as heretofore supplemented and amended including, without limitation, by the Supplemental Indenture, and as may be supplemented and amended in the future, is hereinafter referred to as the “Mortgage”.


More Definitions of Original Mortgage

Original Mortgage means the instrument(s) identified as such in Schedule ‘‘A’’ hereof. Original Notes shall mean the Notes listed on Schedule ‘‘A’’ hereto as such, such Notes being instruments evidencing outstanding indebtedness of the Mortgagor (i) to the Gov- ernment (including indebtedness which has been issued by the Mortgagor to a third party and guaranteed or insured as to pay- ment by the Government) and (ii) to each other Mortgagee on the date of this Xxxx- xxxx. Outstanding Notes shall mean as of the date of determination, (i) all Notes theretofore issued, executed and delivered to any Mort- gagee and (ii) any Notes guaranteed or in- sured as to payment by the Government, ex- cept (a) Notes referred to in clause (i) or (ii) for which the principal and interest have been fully paid and which have been canceled by the Noteholder, and (b) Notes the pay- ment for which has been provided for pursu- ant to Section [5.03]. Permitted Debt shall have the meaning spec- ified in Section [3.08].
Original Mortgage means the Mortgage and Deed of Trust, dated as of November 1, 1944, by CEHE to The Bank of New York Trust Company, N.A. (as successor to South Texas Commercial National Bank of Houston), as Trustee, as amended, modified or supplemented from time to time.
Original Mortgage. – means a security interest (or interests, in which case references to an Original Mortgage and other related references shall be construed accordingly) registered at Companies House, which is released following the discharge of the obligations secured by it and the Board is satisfied that that discharge was funded by amounts the repayment of which are secured by the Refinance Mortgage.
Original Mortgage means any Mortgage executed and delivered pursuant to the Original Credit Agreement including, without limitation, the Mortgages identified on Schedule IV attached hereto and made a part hereof.
Original Mortgage means the first priority mortgage on the Ship executed by the Borrower in favour of the Security Trustee on the Delivery Date.
Original Mortgage means the mortgage over a property securing the bank facilities granted to a Borrower by the Original Mortgage Institution; such mortgage is to be discharged in full by (i) the loan provided by the Refinancing Mortgage Institution and (ii) (where there is any shortfall) the OMI Borrower's own funds.
Original Mortgage shall have the meaning set forth in the recitals to this Agreement.