Senior Mortgage definition

Senior Mortgage has the meaning provided in the Recitals hereto.

Senior Mortgage means a mortgage securing a Senior Note.

Senior Mortgage means the “Mortgage” as defined in the Senior Loan Agreement.

Examples of Senior Mortgage in a sentence

• Accordingly, upon the occurrence of a Subordinate Mortgage Default, Subordinate Lender will be deemed to have actual knowledge of a Senior Mortgage Default.

• Subordinate Lender acknowledges that a Subordinate Mortgage Default constitutes a Senior Mortgage Default.

• Evidence of title (title policy or title policy endorsement, as appropriate) insuring the lien of the Senior Security Instrument which insures that (i) the lien of the Subordinate Mortgage is subordinate to the lien of the Senior Mortgage, and (ii) this Agreement has been recorded among the applicable land records.

• To the extent required by the Senior Mortgage, any casualty and hazard insurance proceeds in respect of the Leased Premises shall be paid to the Mortgagee thereunder.

• The immediately preceding sentence shall be deemed to be a covenant running with the land and shall be binding on any person or entity that acquires title to all or party of the Property by, through or under a Senior Mortgage.

More Definitions of Senior Mortgage

Senior Mortgage means the Deed of Trust, Assignment, Security Agreement and Fixture Filing of even date herewith given by Borrower to Lender to secure the Senior Note and the Obligations, as the same may from time to time be extended, amended, restated, supplemented or otherwise modified.

Senior Mortgage means the Security Instrument as defined in the Borrower Loan Agreement.

Senior Mortgage means that certain Sixth Amended and Restated Mortgage, Security Agreement and Assignment of Rents and Leases granted by the Borrower to the Senior Lender dated May 17, 2013, as the same may be amended, restated, or otherwise modified from time to time.

Senior Mortgage means that certain Open End Mortgage, Security Agreement, Assignment of Rents and Leases, and Fixture Filing given by the Owner, dated as of [ ], 2022 and filed in the Lake County Recorder’s office.

Senior Mortgage means the Mortgage, Security Agreement, Financing Statement And Assignment of Rents to be granted by the Mortgagor to the Senior Mortgagee as described above, together with any and all modifications, amendments, supplements, restatements or assignments thereof at any time made or entered into, including all Other Advances thereunder and the term "Senior Mortgagee" shall mean the Senior Mortgagee named herein, its successors and/or assigns.

Senior Mortgage means the Spare Parts Mortgage and Security Agreement dated as of the date hereof between the Obligor and WFB, as the security trustee thereunder, providing for the creation of a first priority security interest in the Collateral, as the same may from time to time be supplemented, amended or modified in accordance with its terms.

Senior Mortgage means the Engine Mortgage and Security Agreement, dated as of the date hereof, as amended, supplemented and otherwise modified from time to time between the Company and General Electric Capital Corporation, as secured party thereunder, which secures, among other things, the Company’s obligations under the Loan Agreement.