Preferred Ship Mortgage definition

Preferred Ship Mortgage means a Preferred Ship Mortgage, in form and substance satisfactory to Agent, executed by a Company on or after the Closing Date with respect to a Documented Vessel, as the same may from time to time be amended, restated or otherwise modified.
Preferred Ship Mortgage means that certain Preferred Ship Mortgage executed by SAExploration Seismic Services (US), LLC in favor of Collateral Trustee, dated as of even date hereof, as amended, restated, modified and/or supplemented in accordance with the provisions hereof.
Preferred Ship Mortgage means the preferred ship mortgage executed and delivered by Kansas City in the form of EXHIBIT O to the Predecessor Loan Agreement, either as originally executed or as it may from time to time be supplemented, modified, amended, extended or supplanted.

Examples of Preferred Ship Mortgage in a sentence

  • Information concerning the security interest created by this instrument may be obtained from the Borrower or the Government, at the addresses sent out in the first paragraph of this Preferred Ship Mortgage.

  • Dolan was the boat’s title owner.On July 13, 2006, Dolan signed a Preferred Ship Mortgage offered by Regions.

  • The size of the effect that decreased recidivism among federal offenders would have on the BOP’s budget would depend on how many new inmates the BOP incarcerates.

  • To clear the title for JRP Marine, Wells Fargo filed a release of the fraudulently issued First Preferred Ship Mortgage in its favor.On September 17, 2008, Wells Fargo filed the instant lawsuit seeking to recoup its losses.III.

  • This undisputed evidence also establishes that ABD knew properly recording the First Preferred Ship Mortgage and other documents would be highly beneficial to Wells Fargo as the lender/mortgagee.


More Definitions of Preferred Ship Mortgage

Preferred Ship Mortgage means the preferred ship mortgage on the Tunica Vessel, dated as of the Issue Date, by and between Barden Mississippi Gaming, LLC and the Trustee.
Preferred Ship Mortgage means the first preferred ship mortgage executed by HGI Lakeside, a Nevada corporation, with respect to the motor vessel Osceola.
Preferred Ship Mortgage means a United States first preferred ship mortgage executed by each Borrower which owns any of the Rigs in favor of the Administrative Agent with respect to each of the Rigs and dated on or about the date hereof, in substantially the form of EXHIBIT "J" hereto, as the same may be amended, supplemented, or modified from time to time.
Preferred Ship Mortgage means the Preferred Ship Mortgage on the Vessel recorded in accordance with the laws of the Republic of Vanuatu.
Preferred Ship Mortgage. THIS MORTGAGE, dated the 27th day of September, 1994, by Xxxxxx Protein (USA), Inc., P. O. Box 2868, Hammond, Louisiana, 70404, owning 100%, (herein, the "BORROWER") to the United States of America, acting by and through the Secretary of Commerce, NOAA, National Marine Fisheries Service, Financial Services, Southeastern Branch, 0000 Xxxxxxxxx Xxxxxx Xxxxx Xxxxx, Xx. Xxxxxxxxxx, Xxxxxxx 00000 (herein, the "GOVERNMENT"),
Preferred Ship Mortgage means that certain First Preferred Ship Mortgage of even date herewith by Borrower in favor of Lender encumbering the Vessels, to be recorded with the Office of the Deputy Commissioner of Maritime Affairs of the Republic of Vanuatu, as amended, supplemented and modified from time to time in accordance with the terms thereof.
Preferred Ship Mortgage means that certain Preferred Ship Mortgage executed by SAExploration Seismic Services (US), LLC in favor of Agent, as successor in interest to Original Lender, dated as of the Original Closing Date, as amended pursuant to (i) that certain First Amendment to Preferred Ship Mortgage dated as of September 22, 2017, (ii) that certain Second Amendment to Preferred Ship Mortgage dated as of July 5, 2018, and (iii) that certain Third Amendment to Preferred Ship Mortgage dated as of the Second Amended and Restated Effective Date (the “Third Amendment to Preferred Ship Mortgage”).