Mortgage Trustees definition

Mortgage Trustees means BNY Midwest Trust Company (as successor to Xxxxxx Trust and Savings Bank) and X.X. Xxxxxxx, and any other successors thereto, as trustees under the Mortgage.
Mortgage Trustees means BNY Mellon Trust Company of Illinois (as successor to Harris Trust and Savings Bank) and D.G. Donovan, and any other successors thereto, as trustees under the Mortgage.
Mortgage Trustees means BNY Mellon Trust Company of Illinois (as successor to Xxxxxx Trust and Savings Bank) and X.X. Xxxxxxx, and any other successors thereto, as trustees under the Mortgage.

Examples of Mortgage Trustees in a sentence

  • This Affidavit form set forth in paragraph (d) of this section may be modified to conform to the require- ments of vessel owners, Mortgagees, or Mortgage Trustees in various forms such as partnerships, limited liability companies, etc.

  • We will periodically publish a list of Approved Mortgage Trustees in the FEDERAL REGISTER, but current infor- mation as to the status of any par- ticular Mortgage Trustee must be ob- tained from the Citizenship Approval Officer.

  • Part 356 implements the U.S. Citi- zenship requirements of the American Fisheries Act of 1998, as amended, Title II, Division C, Public Law 105–277, for owners, Mortgage Trustees, and Mort- gagees of vessels of 100 feet or greater in registered length that have a fishery endorsement to the vessel’s docu- mentation or where a fishery endorse- ment to the vessel’s documentation is being sought.

  • In the event that the Bonds (or any portion thereof) are to be redeemed pursuant to any provisions of this Indenture requiring mandatory redemption of such Bonds (other than at the direction of the Company), the Trustee shall forthwith give notice thereof to the Company Mortgage Trustees specifying the principal amount of Bonds so to be redeemed and the redemption date therefor.

  • In no event shall the Ship Mortgage Trustees be responsible or liable for special, indirect, or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether such Ship Mortgage Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action.

  • Termination, in the circumstances contemplated by this Section 10.11, shall be accomplished by a notice of termination given by the Administrative Agent to the Ship Mortgage Trustees.

  • All moneys received by the Ship Mortgage Trustees in respect of their Trust Estates will be applied in accordance with Section 2.9(g).

  • Reference is made to the First Mortgages for a description of property mortgaged and pledged thereunder, the nature and extent of the security, the rights of the holders of first mortgage bonds under each First Mortgage and of the Mortgage Trustee in respect thereof, the duties and immunities of the Mortgage Trustees and the terms and conditions upon which the First Mortgage Bonds are secured and the circumstances under which additional first mortgage bonds may be issued under each First Mortgage.

  • Mortgage Trustees approved by the Citizenship Approval Officer must not assume any fiduciary obligations in favor of Non-Citizen Lenders that are in conflict with the U.S. Citizen ownership and control requirements set forth in the AFA, without the ap- proval of the Citizenship Approval Offi- cer.

  • The Special Purpose Vehicle (“SPV”) used for securitisation, (comprising the following quasi subsidiaries; Bamburgh Holdings Limited, Bamburgh Finance No. 1 PLC and Bamburgh Mortgage Trustees Limited) is in the process of being wound up following repayment of the commercial mortgage backed securities in Bamburgh Finance No. 1 PLC in February 2011.


More Definitions of Mortgage Trustees

Mortgage Trustees mean the Persons serving as trustee at the time under the First Mortgages. "MORTGAGE TRUSTEE" means either of the Mortgage Trustees.
Mortgage Trustees has the meaning specified in the definition of “Mortgage”.

Related to Mortgage Trustees

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Indenture Trust Estate means all money, instruments, rights and other property that are subject or intended to be subject to the lien and security interest of the Indenture for the benefit of the Noteholders (including all Collateral Granted to the Indenture Trustee), including all proceeds thereof.

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

  • Commercial Mortgage Loan means a loan secured by a Lien on improved real estate used for commercial purposes.

  • the Macfarlane Trust means the charitable trust, established partly out of funds provided by the Secretary of State to the Haemophilia Society, for the relief of poverty or distress among those suffering from haemophilia;

  • Trustees refers to the persons who have signed this Agreement and Declaration of Trust, so long as they continue in office in accordance with the terms hereof, and all other persons who may from time to time be duly elected or appointed to serve on the Board of Trustees in accordance with the provisions hereof, and reference herein to a Trustee or the Trustees shall refer to such person or persons in their capacity as trustees hereunder;