Existing Mortgage Debt definition

Existing Mortgage Debt means (i) the Loan Agreement dated as of January 28, 2014 between LTF Real Estate CMBS II, LLC and Xxxxx Fargo Bank, National Association, (ii) the Promissory Note, dated as of February 12, 2013 between LTF Real Estate MP I, LLC and ING Life Insurance and Annuity Company, (iii) the Promissory Note, dated as of August 23, 2013 between LTF Real Estate XX XX, LLC and ING Life Insurance and Annuity Company, and (iv) the Promissory Note, dated as of July 29, 2014 between LTF Real Estate MP III, LLC and ING Life Insurance and Annuity Company.
Sample 1Sample 2Sample 3
Existing Mortgage Debt means any Indebtedness outstanding on the ---------------------- Second Amendment and Restatement Effective Date secured by a Lien on Real Property other than the Obligations and Indebtedness under the Increasing Rate Term Facility.
Sample 1Sample 2
Existing Mortgage Debt means Indebtedness secured by real property, as described on Schedule 1.01(b) hereto.
Sample 1Sample 2

Examples of Existing Mortgage Debt in a sentence

  • Exhibit C identifies all Existing Mortgage Debt and provides (i) the names of the Existing Lender and (ii) the outstanding principal balances as of the Existing Mortgage Debt as of March 1, 2006 (or in the case of the Existing Mortgage Debt encumbering the “Westgate Marketplace” Property, February 28, 2006).

  • The parties acknowledge that the contribution of the Property to Mackenzie OP pursuant to this Agreement has the effect of transferring the Property to Mackenzie OP subject to the Existing Mortgage Debt.

  • Transferors shall arrange for delivery by Existing Lender at Closing of such pay-off letters, release documents, financing statement terminations and such other documents as Existing Lender is required to provide and which Investcorp and/or the Title Company may reasonably require in order to effectuate the repayment of the Existing Mortgage Debt as contemplated by Section 1.5.

  • The mortgage debt existing on the Property as of the date hereof shall hereinafter be referred to as the "Existing Mortgage Debt".

  • The aggregate principal balance outstanding to each lender under such Existing Mortgage Debt as of the Recent Balance Sheet Date is set forth on Schedule 1.1.40.


More Definitions of Existing Mortgage Debt

Existing Mortgage Debt means collectively the loans of each Property Entity described on Schedule 1.1.40 and the loans obtained with Regency's consent or in compliance with Section 5.2 in connection with the purchase and/or development of the Acquisition Properties or the development of the Development Properties.
Sample 1Sample 2
Existing Mortgage Debt means (i) any Indebtedness outstanding (including incurred on such date in the case of the CMBS Facility) on the Effective Date secured by a Lien on Real Property and (ii) Indebtedness under the Mezzanine Facility.
Sample 1Sample 2
Existing Mortgage Debt means the mortgage debt granted by Swedbank in relation to the properties located in Estonia (including any extension or refinancing of such mortgage debt).
Sample 1Sample 2
Existing Mortgage Debt means (i) the Loan Agreement dated as of January 28, 2014 between LTF Real Estate CMBS II, LLC and Wells Fargo Bank, National Association, (ii) the Promissory Note, dated as of February 12, 2013 between LTF Real Estate MP I, LLC and ING Life Insurance and Annuity Company, (iii) the Promissory Note, dated as of August 23, 2013 between LTF Real Estate MP II, LLC and ING Life Insurance and Annuity Company, and (iv) the Promissory Note, dated as of July 29, 2014 between LTF Real Estate MP III, LLC and ING Life Insurance and Annuity Company.
Sample 1
Existing Mortgage Debt means certain mortgage indebtedness secured by certain Properties as set forth on Schedule 4.1(k)(i).
Sample 1
Existing Mortgage Debt. Collectively, (i) the existing first mortgage debt provided by CitiGroup Global Markets Realty Corp. and secured by the Fort Worth Property, and (ii) the existing first mortgage debt provided by German American Capital Corporation and secured by the Lyndhurst Property.
Sample 1
Existing Mortgage Debt means the current unpaid principal balances of the Existing Mortgages as of the relevant date, plus the accrued and unpaid interest payable pursuant to the Existing Mortgages as of the relevant date; and plus all prepayment fees and charges (including, without limitation, the Participation) then due pursuant to the Existing Mortgage if the Existing Mortgages were paid in full as of the relevant date.
Sample 1