First Mortgage Lender definition

First Mortgage Lender means a person engaged in the business of making first mortgage loans: (A) In such person's own name utilizing such person's own funds, or (B) by funding loans through a table funding agreement;

First Mortgage Lender means Citigroup Global Markets Realty Corp., a New York corporation, and its successors and assigns.

First Mortgage Lender means a person engaged in the business

Examples of First Mortgage Lender in a sentence

• Notwithstanding any provision herein, this Deed of Trust shall not diminish or affect the rights of the First Mortgage Lender (defined in Section 1 above) under the First Mortgage Deed of Trust (defined in Section 3 above).

• If a non-monetary default is not reasonably capable of being cured within thirty (30) days, the City, in its sole and absolute discretion, may grant the Trustor or the First Mortgage Lender such additional time as is reasonably necessary to cure the default provided that the Trustor or the First Mortgage Lender (i) initiates corrective action within said period, and (ii) diligently, continually, and in good faith works to effect a cure as soon as possible.

• Notwithstanding any provision in this Deed of Trust to the contrary, all of the provisions of this Deed of Trust shall terminate and have no further force and effect if title to the Property is acquired by the First Mortgage Lender or another party upon foreclosure of the First Mortgage Deed of Trust.

• As used in this Deed of Trust, the term “First Mortgage Lender” shall include all successors and assigns of the First Mortgage Lender with respect to the First Mortgage Note.

• Landlord acknowledges and agrees that any Leasehold Mortgage to be granted to the holder of the Leasehold Mortgage securing any construction loan is intended to be refinanced, in part, by a permanent lender (the “Permanent First Mortgage Lender”), and that such Permanent First Mortgage Lender, upon the closing of such refinancing, shall be substituted in the place and stead of the construction lender for purposes of this Section 31.

More Definitions of First Mortgage Lender

First Mortgage Lender shall include all successors and assigns of the First Mortgage Lender with respect to the First Mortgage Note.

First Mortgage Lender means Vegas HR Private Limited, a Singapore corporation (as successor-in-interest to Column Financial, Inc.), in its capacity as holder of the First Mortgage Loan, together with its successors and assigns.

First Mortgage Lender means GMAC Commercial Mortgage Corporation, a California corporation.

First Mortgage Lender means individually and collectively, the lenders under the First Mortgage Loan Agreements.

First Mortgage Lender means, individually, any of the First Mortgage Lenders.

First Mortgage Lender means Xxxxx Fargo Bank, National Association, or a bank or other entity holding the first deed of trust on the Leasehold Estate, and in the event of the bond financing, the bond trustee (if any) and the entity purchasing the bonds shall both be First Mortgage Lender.

First Mortgage Lender or "Lender" means any bank or trust company, mortgage banker/broker, savings bank, credit union, national banking association, building and loan association, insurance company, or other financial institution or governmental agency authorized to transact business within the State of Florida which institution customarily provides the financing of mortgages for real property in Florida. Lenders must be qualified Federal Housing Administration (FHA),