Mortgage Borrower Sample Clauses

Mortgage Borrower each Senior Mezzanine Borrower and each Junior Mezzanine Borrower shall have satisfied the requirements set forth in Section 8.8 of the Loan Agreement (Mortgage), Section 8.3 of each Senior Mezzanine Loan Agreement and Section 8.3 of each Junior Mezzanine Loan Agreement (as applicable), including, without limitation, delivery Mortgage Lender, each Senior Mezzanine Lender and Junior Mezzanine Lender (as applicable), as additional collateral for the Mortgage Loan, each Senior Mezzanine Loan and each Junior Mezzanine Loan (as applicable), a pledge of the interests of each limited partnership and each limited liability company general partner formed pursuant to Section 8.8 of the Loan Agreement (Mortgage), Section 8.3(a) of each Senior Mezzanine Loan Agreement, and Section 8.3(a) of each Junior Mezzanine Loan Agreement (as applicable);
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Mortgage Borrower. BROOKVIEW PARTNERS, L.P., a Texas limited partnership (SEAL) By: BROOKVIEW ASSOCIATES, L.L.C., a Texas limited liability company, its General Partner By: /s/ Xxxxx X. Xxxxxx -------------------------------------- Manager MEZZANINE BORROWERS: ------------------- XXXXXXXX CENTENNIAL PARTNERS, L.P., a Texas limited partnership (SEAL) By: XXXXXXXX CENTENNIAL, LLC, a Texas limited liability company, its General Partner By: /s/ Xxxxxx X. Xxxxx -------------------------------------- Manager ASHWOOD AMERICAN PARTNERS MC DALLAS, L.P., a Texas limited partnership (SEAL) By: A/A/ INVESTORS - MC DALLAS, LLC, a Texas limited liability company, its General Partner By: /s/ Xxxxx X. Xxxxxx -------------------------------------- Manager
Mortgage Borrower. [Alt #2 - is][Alt #1 - and General Partner are collectively] referred to herein as the “Pledged Entity”, which term shall be construed in accordance with the definition of such term in the Mezzanine Loan Agreement.
Mortgage Borrower or Mezzanine A Borrower “opts out” of Article 8 of the UCC;
Mortgage Borrower. Mortgage Borrower 1 Principal, Mezzanine Borrower, Guarantor, Operating Lessee or Borrower filing an answer consenting to or otherwise acquiescing in or joining in any involuntary petition filed against it, by any other Person under the Bankruptcy Code or any other Federal or state bankruptcy or insolvency law, or soliciting or causing to be solicited petitioning creditors for any involuntary petition from any Person; (d) Mortgage Borrower, Mortgage Borrower 1 Principal, Mezzanine Borrower, Guarantor, Operating Lessee or Borrower consenting to or acquiescing in or joining in an application for the appointment of a custodian, receiver, trustee, or examiner for Mortgage Borrower, Mortgage Borrower 1 Principal, Mezzanine Borrower, Guarantor, Operating Lessee, Borrower or any portion of any Individual Property; (e)
Mortgage Borrower. Mortgage Borrower 1 Principal, Mezzanine Borrower, Guarantor, Operating Lessee or Borrower making an assignment for the benefit of creditors, or admitting, in writing or in any legal proceeding, its insolvency or inability to pay its debts as they become due; (ii) if Mortgage Borrower, Mortgage Borrower 1 Principal, Mezzanine Borrower, Guarantor, Operating Lessee or Borrower fails to obtain Lender’s prior written consent to any Indebtedness or voluntary Lien encumbering any of the Properties, the Mezzanine Collateral, the Mortgage Collateral or the Collateral; or (iii) if Borrower fails to obtain Lender’s prior written consent to any Transfer as required by this Agreement.

Related to Mortgage Borrower

  • Mortgagor The obligor on a Mortgage Note. ---------

  • Borrower The term “Borrower” as used herein shall include any new or successor corporation, association, partnership (general or limited), limited liability company, joint venture, trust or other individual or organization formed as a result of any merger, reorganization, sale, transfer, devise, gift or bequest of Borrower or any interest in Borrower.

  • Operating Lease The parties hereto intend that this Lease shall be deemed for all purposes to be an operating lease and not a capital lease.

  • Property Mortgaged Borrower does hereby irrevocably mortgage, grant, bargain, sell, pledge, assign, warrant, transfer and convey to Lender, and grant a security interest to Lender in, the following property, rights, interests and estates now owned, or hereafter acquired by Borrower (collectively, the "Property"):

  • Operating Leases Not permit the aggregate amount of all rental payments under Operating Leases made (or scheduled to be made) by the Loan Parties (on a consolidated basis) to exceed $1,000,000 in any Fiscal Year.

  • Mortgaged Property The real property securing repayment of the debt evidenced by a Mortgage Note.

  • Occupancy of the Mortgaged Property As of the date of origination, the Mortgaged Property was lawfully occupied under applicable law;

  • Borrowing Base Properties (a) Except where the failure to comply with any of the following would not have a Material Adverse Effect, each of Parent and Borrower shall, and shall use commercially reasonable efforts to cause each other Loan Party or the applicable tenant, to:

  • Leasehold Mortgage Provide whether the tenant can mortgage its leasehold interest as security for a loan. 20.

  • LENDER The term “Lender” shall mean the holder of any promissory note or other evidence of indebtedness secured by the Property or any portion thereof.

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