Second Lien Mortgages definition

Second Lien 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 Second Lien Obligations or under which rights or remedies with respect to any such Liens are governed.

Second Lien 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 by any Loan Party is granted to secure any Second Lien Obligations or under which rights or remedies with respect to any such Liens are governed.

Second Lien Mortgages means the "Mortgages", as defined in the Second Lien Credit Agreement.

Examples of Second Lien Mortgages in a sentence

• Lang, Strategic Default on First and Second Lien Mortgages During the Financial Crisis 16, 21 (Fed.

• The outstanding balance of the aggregate purchase prices paid to the Company by the Warehouse Purchasers for Second Lien Mortgages which have not yet been sold to an Investor shall not exceed the Second Lien Sub-Limit at any time.

• The outstanding balance of the aggregate purchase prices paid to the Company by the Warehouse Purchasers for Eligible Mortgages (including Second Lien Mortgages and Bulk Purchase Mortgages, if any) which have not yet been sold to an Investor shall not exceed the Purchase Limit at any time.

• Pursuant to the Second Lien Mortgages, Chisholm and the Guarantors granted a second-priority lien on oil and gas properties constituting at least 99% of the value of the oil and gas properties evaluated in the most recently delivered reserve report, in each case, in favor of the Second Lien Agent and, for the benefit of the Second Lien Lenders and certain other secured parties.

• Number of Second Lien Mortgages Originated by Year by Loan Purpose12 The situation in the instant cases is a singular product of the 2003-2007 housing bubble.

More Definitions of Second Lien Mortgages

Second Lien Mortgages means any mortgage recorded in favor of the Second Lien Administrative Agent which secures the Second Lien Lender Claims, as amended from time to time.

Second Lien Mortgages means the “Mortgages” as defined in the Second Lien Credit Agreement.

Second Lien Mortgages means, with respect to each Mortgaged real property, the Second Lien Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing by applicable US Borrower in favor of the US Administrative Agent. 50 Chemtura (Revolving Facility) Credit Agreement

Second Lien 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 the Borrower or any Guarantor is granted to secure any Second Lien Obligations or under which rights or remedies with respect to any such Liens are governed. “Second Lien Obligations” means with respect to any Second Lien Commodity Hedge and Power Sale Agreement or related Commodity Hedge Guaranty (but without duplication), the Permitted Second Lien Hedge Amount owed to the applicable Second Lien Commodity Hedge Counterparty pursuant thereto. “Second Lien Secured Debt Representative” means each Second Lien Commodity Hedge Counterparty. “Second Lien Secured Parties” means, at any time, the holders of Second Lien Obligations at such time, including, the Second Lien Collateral Agent and the Second Lien Commodity Hedge Counterparties; provided that, in the case of any Second Lien Commodity Hedge Counterparty, such Second Lien Commodity Hedge Counterparty, as applicable, shall have (a) executed and delivered to each of the Collateral Agents an Accession Agreement pursuant to which it has become a party to this Agreement and has agreed to be bound by the obligations of a Second Lien Secured Party under the terms hereof or (b) in the case of any such Second Lien Commodity Hedge Counterparty that is already party to an Accession Agreement with respect to one or more Second Lien Commodity Hedge and Power Sale Agreements, such Second Lien Commodity Hedge Counterparty shall have entered into a supplement to such Accession Agreement in the form of Attachment I thereto to include any additional Second Lien Commodity Hedge and Power Sale Agreement being entered into by such Second Lien Commodity Hedge Counterparty after the date of such Accession Agreement.

Second Lien Mortgages means each of the second-priority mortgages or other security documents relating to the Real Estate Collateral, which are junior to certain Grantor’s obligations under the Pelorus Loan Agreement, the Pelorus-Harborside Loan Agreement and/or the Pelorus-Urbn Leaf Loan Agreement.

Second Lien Mortgages means the mortgages and deeds of trust listed under the heading “Second Lien Mortgages” on Schedule 4.21-4.

Second Lien Mortgages means the mortgages, deeds of trust and other security documents granting a Lien on any fee owned real property or interest therein to secure the Second-Lien Secured Obligations, each in a form reasonably satisfactory to the Second-Lien Collateral Agent.