Notice to Mortgagee definition

Notice to Mortgagee. As defined in Section 18.5.1.
Sample 1

Examples of Notice to Mortgagee in a sentence

  • In addition, in the event that such Default is not cured within the applicable cure period under Article XV of the Management Agreement, and Manager intends to exercise its remedy of terminating the Management Agreement, Manager shall send a second notice (the "Second Notice") to Mortgagee, in accordance with Section 8 hereof, stating Manager's intention to terminate the Management Agreement.

  • Mortgagor shall not issue any Notice to Mortgagee to the effect that liens on the Real Property after the date of the Notice will enjoy priority over the lien of the Mortgage.

  • Notice to Mortgagee and Ground Lessor................................................................

  • Mortgagor shall give prompt Notice to Mortgagee of any Casualty or any Condemnation or threatened Condemnation.

  • Mortgagor and Mortgagee hereby request the holder of any mortgage with a lien which has priority over this Second Mortgage to give Notice to Mortgagee, at Mortgagee's address set froth on page one of this Second Mortgage, of any default under the superior encumbrance and of any sale or other foreclosure action thereunder.

  • LANDLORD’S INTEREST 18 15.1. Liability of Landlord 18 15.2. Notice to Mortgagee 18 15.3. Sale of Building 19 16.

  • The Mortgagor may meet the requirements of this Subsection by remitting the Monthly Escrow Payments when due, by providing Notice to Mortgagee of any new Imposition or increased Imposition unknown to Mortgagee promptly after Mortgagor obtains knowledge of same, and by paying to Mortgagee within ten (10) Business Days after demand any amount required to increase the Escrow Fund to an amount sufficient to permit Mortgagee to pay all Impositions from the Escrow Fund on time.

  • In the event of any breach that can be cured by the payment of money, the time for such cure period shall be the same period available to Tenant but not less than fifteen (15) days from receipt of such Notice to Mortgagee.

  • Notwithstanding anything to the contrary contained in this Article 9, in no event shall Mortgagee (or Successor Landlord, as applicable) have more than twelve (12) months after the delivery of any Termination Notice to Mortgagee under Section 4.5(b) in order to cure any failure of Landlord to cause the Commencement Date to occur within the time periods provided in Section 4.5.

  • Such Leasehold Mortgagee, after receipt of such Notice to Mortgagee, has failed or refused to correct or cure the condition complained of within the time permitted hereunder.

Related to Notice to Mortgagee

  • Leasehold Mortgagee means the holder of a Leasehold Mortgage.

  • First Mortgagee means the holder of any First Mortgage.

  • Mortgagee The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.

  • Facility Mortgagee means the holder of any Facility Mortgage.

  • Eligible mortgagee means the holder of a security interest on a unit that has filed with the secretary of the association a written request that it be given copies of notices of any action by the association that requires the consent of mortgagees.

  • Leasehold Mortgage means any leasehold deed of trust, mortgage, deed to secure debt, assignment of leases and rents, assignment, security agreement, or other security document securing financing from a lender of Tenant and encumbering Tenant’s leasehold interest in any Demised Property.

  • Ground Lessor means the lessor under the Ground Lease.

  • Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Estoppel Certificate As defined in Section 23.1(a).

  • Major Tenants has the meaning ascribed to such term in Section 7.2.

  • Superior Landlord means and includes people or persons to whom the ownership or interest in the Leasehold Property might revert in the fullness of time.

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • Landlord shall have the meaning given such term in the preambles to this Agreement and shall also include their respective permitted successors and assigns.

  • and Lessor s agents shall have the right to enter the Premises at any time, in the case of an emergency, and otherwise at reasonable times for the purpose of showing the same to prospective purchasers, lenders, or lessees, and making such alterations, repairs, improvements or additions to the Premises or to the Building, as Lessor may reasonably deem necessary. Lessor may at any time place on or about the Premises or Building any ordinary "For Sale" signs and Lessor may at any time during the last one hundred eighty (180) days of the term hereof place on or about the Premises any ordinary "For Lease" signs. All such activities of Lessor shall be without abatement of rent or liability to Lessee.

  • Landlord Access Agreement means a Landlord Access Agreement, substantially in the form of Exhibit G, or such other form as may reasonably be acceptable to the Administrative Agent.

  • FHA Approved Mortgagee means a corporation or institution approved as a mortgagee by the FHA under the National Housing Act, as amended from time to time, and applicable FHA Regulations, and eligible to own and service mortgage loans such as the FHA Loans.

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy. Restrictions on Land transfer

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Facility Mortgage As defined in Section 13.1.

  • Successor Landlord shall have the meaning given such term in Section 20.2.

  • Landlord Consent means a Landlord Consent substantially in the form of Exhibit G.

  • No Mortgage Loan has: (1) an outstanding principal balance less than $_____; (2) an origination date earlier than __ months prior to the related Cut-off Date; (3) a FICO Score of less than ___; or (4) a debt-to-income ratio of more than ___%. Each Mortgage Loan has a Mortgage Interest Rate of at least ___% per annum and an outstanding principal balance of less than $______. Each Adjustable Rate Mortgage Loan has an Index of [______]. EXHIBIT C TO ASSIGNMENT AND CONVEYANCE AGREEMENT UNDERWRITING GUIDELINES Exhibit H EXHIBIT H UNDERWRITING GUIDELINES Exhibit I EXHIBIT I FORM OF ASSIGNMENT AND RECOGNITION AGREEMENT THIS ASSIGNMENT AND RECOGNITION AGREEMENT, dated [____________ __, 20__] ("Agreement"), among Morgan Stanley Mortgage Capital Inc. ("Assignor"), [____________________] ("Xsxxxxxx") and [SELLER] (the "Company"): For and in consideration of the sum of TEN DOLLARS ($10.00) and other valuable consideration the receipt and sufficiency of which hereby are acknowledged, and of the mutual covenants herein contained, the parties hereto hereby agree as follows:

  • Anchor Tenant means, with respect to a Community Renewable Energy Generation Project, the non-End Use Customer subscriber designated by Seller as such under its SFA application.” The following is added as Section 1.3.3: