Security Mortgage definition

Security Mortgage means the security mortgage entered into between the Company and a Participant in connection with a loan provided by the Company to a Participant to fund the Fee and Exercise Price.
View Source

Examples of Security Mortgage in a sentence

  • All of the issued and outstanding shares of First Security Mortgage Bankers, Inc.

  • First Security (i) does not have any subsidiaries or affiliates, (except for First Security Mortgage Bankers, Inc., a Virginia corporation), (ii) is not a general partner or owner in any joint venture, general partnership, limited partnership, trust or other non-corporate entity, and (iii) does not know of any arrangement pursuant to which the stock of any corporation is or has been held in trust (whether express, constructive, resulting or otherwise) for the benefit of all shareholders of First Security.

  • The authorized capital stock of First Security Mortgage Bankers, Inc.

  • An ALTA Form Lender's Title Insurance Policy for $30,000,000.00, assuring to the Lenders the validity and agreed-upon priority of the Mortgage and the Additional Security Mortgage may require.

  • An ALTA Form Lender’s Title Insurance Policy for not less than $30,000,000, assuring to the Lenders the validity and agreed-upon priority of the Mortgage and the Additional Security Mortgage.

  • The Lend- ers will not require that the Borrower provide (or pay the costs of) title insurance on the properties encumbered by the Mortgage or Additional Security Mortgage (collectively, the "Mortgaged Properties").

  • New Century Mortgage does include the Life of Loan Flood Certificate fee in finance charges, however Consumer Security Mortgage, the originating broker, did not.

  • Sublessor is the lessee under a written lease dated February 16, 1993, wherein First Security Mortgage ("Lessor") leased to Sublessor the real property located in the City of San Diego, County of San Diego, State of California, described as approximately 52,648 square feet in two (2) freestanding buildings located at 6138 and 6150 Nanc▇ ▇▇▇▇▇ ▇▇▇ve ("Master Premises").

  • An ALTA Form Lender's Title Insurance Policy for not less than $25,000,000.00, assuring to the Lenders the validity and agreed-upon priority of the Mortgage and the Additional Security Mortgage may require.

  • The Seller hereby grants to the Buyer a right of first refusal with respect to all Mortgage Loans originated or acquired by the Seller or any other entity owned or controlled by the Shareholders of Coast Security Mortgage, Inc.