Chattel Mortgage definition

Chattel Mortgage. Security Instrument", and any other security for the note identified herein, and endorsed for insurance or held by the Secretary;

Chattel Mortgage means the mortgage or mortgages created and to be created by the Mortgagor over the Chattel pursuant to this Mortgage Agreement;

Chattel Mortgage means the Chattel Mortgage - Security Agreement, dated as of March 5, 1996, between the Grantor and the Agent, for the benefit of the Secured Parties, as amended, modified or supplemented from time to time.

Examples of Chattel Mortgage in a sentence

• This Supplemental Chattel Mortgage shall be construed as supplemental to the Mortgage and shall form a part thereof, and the Mortgage is hereby incorporated by reference herein and is hereby ratified, approved and confirmed.

• This Supplemental Chattel Mortgage may be executed in one or more counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same Supplemental Chattel Mortgage.

• In order to secure the obligations, the Lessor has agreed in the Aircraft Chattel Mortgage, among other things, to assign to the Agent this Lease and the Lease Supplements and to mortgage in favor of the Agent the Aircraft, subject to the reservations and conditions therein set forth.

• Lessee will not directly or indirectly create, incur, assume or suffer to exist any Lien, on or with respect to the Aircraft, title thereto or any interest therein, except the lien of the Aircraft Chattel Mortgage and Permitted Encumbrances.

• All Parts at any time removed from the Airframe or any Engine shall remain the property of Lessor and shall remain subject to the lien and security interest of the Aircraft Chattel Mortgage, no matter where located, until such time as such Parts shall be replaced by parts which have been incorporated or installed in or attached to the Airframe or any Engine and which meet the requirements for replacement parts specified above.

More Definitions of Chattel Mortgage

Chattel Mortgage means a Security Agreement and Chattel Mortgage in form and substance the same as Exhibit E to this Agreement.

Chattel Mortgage means that certain Personal Property Mortgage executed by the Borrower in favor of the Lender of even date herewith, as the same may be amended, supplemented or modified from time to time.

Chattel Mortgage means this instrument.

Chattel Mortgage means a security device which creates a valid and enforceable, first-priority lien over the movable assets secured by it.

Chattel Mortgage means the mortgage or mortgages created and to be created by PSPH over the Chattel pursuant to Article IV and other provisions of this Mortgage Agreement;

Chattel Mortgage means the ‘Chattel Mortgage’ that forms part of this Mortgage and which contains the Table. The Chattel Mortgage includes any annexure to the Chattel Mortgage.

Chattel Mortgage means the Chattel Mortgage executed in Spanish between MMS, the Initial Lenders and the Collateral Agent, the English translation of which shall be substantially in the form of EXHIBIT L-2 hereto.