Definition of PNC Mortgage

  1. PNC Mortgage means the mortgage granted by the Company on the Property to secure loans made by PNC Bank, National Association, a national banking association ("PNC Bank"), to the Seller and/or its affiliates, which loans are listed on Exhibit C attached hereto and made a part hereof.

Examples of PNC Mortgage in a sentence

  1. The Company owns and has good and marketable title to all of the Property, free and clear of any mortgages, security interests, claims, liens, charges, or encumbrances whatsoever except for the PNC Mortgage and other Permitted Exceptions.

Definition of PNC Mortgage in Partnership Interest Purchase and Sale Agreement

PNC Mortgage means the mortgage granted by the Company on the Property to secure loans made by PNC Bank, National Association, a national banking association ("PNC Bank"), to the Seller and/or its affiliates, which loans are listed on Exhibit C attached hereto and made a part hereof.