Vessel Fleet Mortgage definition

Vessel Fleet Mortgage has the meaning specified therefor in the Security Agreement.
Vessel Fleet Mortgage means the mortgage or other security document granting a Lien on a Vessel owned and registered in the name of a Grantor. The Vessel Fleet Mortgage shall be substantially in the form attached hereto as Exhibit E.
Vessel Fleet Mortgage means the ship mortgage or other security document granting a Lien on a Mortgaged Vessel to secure the Credit Party Obligations. The Vessel Fleet Mortgage shall be substantially in the form attached hereto as Exhibit 1.1(k).

Examples of Vessel Fleet Mortgage in a sentence

  • In the event of any conflict between any one or more provisions in this Agreement and one or more provisions in a Vessel Fleet Mortgage, such provisions of this Agreement shall control.

  • That the Town Superintendent or Mayor, either of whom may act, are authorized to deed by quitclaim to the County of Rockingham any and all interest that the Town has in the Proposed Road and 12’ Alley, in exchange for the 4,546-square-foot parcel described in Exhibit B, and are authorized to accept a deed from the County for the same.

  • The last sentence contained in Section 5.14(a) of the Credit Agreement is hereby amended and restated in its entirety to read as follows: Without limiting the foregoing, the Credit Parties hereby agree that upon entering into any Bank Product after the Closing Date, they will execute, deliver and cause to be recorded an amendment to the Vessel Fleet Mortgage as reasonably requested by the Administrative Agent.

  • The Lenders hereby authorize the Administrative Agent, at the sole cost and expenses of the Borrower, (a) to release any such Guarantor or Lien and to enter into any documentation (including, without limitation, any amendment to the Vessel Fleet Mortgage) as may be necessary or desirable to effectuate such release and (b) to enter into any amendment to the Vessel Fleet Mortgage and related documentation as may be necessary or desirable to secure any Bank Product or Incremental Facility.

  • See also Cargill Comments at 15-17.‌‌ Moreover, apart from the seven corn wet milling emission points at the Blair Facility that are the subject of this petition, the vast majority of Table 3 contains information on either batch ethanol or continuous ethanol fermentation or distillation emission points.

  • The Lenders hereby authorize the Administrative Agent, at the sole cost and expenses of the Borrower, to release any such Guarantor or Lien and to enter into any documentation (including, without limitation, any amendment to the Vessel Fleet Mortgage) as may be necessary or desirable to effectuate such release.

  • The Loan Parties shall maintain the insurance required to be maintained under the Vessel Fleet Mortgage.


More Definitions of Vessel Fleet Mortgage

Vessel Fleet Mortgage. First Preferred Fleet Mortgage, dated as of the date hereof, by the Loan Party party thereto in favor of the Ship Mortgage Trustee covering the Vessels specified therein.

Related to Vessel Fleet Mortgage

  • Aircraft Mortgage means each Aircraft and Engine mortgage and security agreement entered into by any Borrower in favor of the Agent evidencing the Liens in respect of such Aircraft Collateral that will secure the Obligations, in each case as amended, modified, restated, supplemented or replaced from time to time.

  • Ship Mortgage shall have the meaning set forth for such term in the Intercreditor Agreement. Notice of Assignment ASSIGNMENT OF INSURANCE BY INTERNAL CHARTERERS Vantage Drilling Netherlands BV NOTICE OF ASSIGNMENT To Whom It May Concern: Vantage Drilling (Malaysia) I SDN, a private company limited by shares duly incorporated with limited liability under the laws of Malaysia (the “Assignor”), HEREBY GIVES NOTICE that by an Assignment, dated October 25, 2012, and made by the Assignor to Xxxxx Fargo Bank, National Association (the “Assignee”), as Pari Passu Collateral Agent (as defined under the Intercreditor Agreement defined below), the Assignor assigned to the Assignee all of the Assignor’s right, title and interest in and to all insurances and the benefit of all insurances heretofore, now or hereafter taken out in respect of the Panamanian flag vessels AQUAMARINE DRILLER and TOPAZ DRILLER and all proceeds thereof. This Notice and the attached Loss Payable Clauses are to be endorsed on all policies and certificates of entry evidencing such insurances.

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

  • Mortgage Addendum means the addendum to the Mortgage in the agreed form.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • mortgage agreement ’ means the note or debt instrument and the mortgage instrument, deed of trust instrument, trust deed, or instru- ment or instruments creating the mortgage, including any instrument incorporated by ref- erence therein (including any applicable regu- latory agreement), and any instrument or agreement amending or modifying any of the foregoing;

  • Fleet Vessels means all of the vessels (including, but not limited to, the Ships) from time to time wholly owned by members of the Group (each a “Fleet Vessel”);

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

  • Mortgage Amendments as defined in Section 6.11(a).

  • Owner Mortgage Loan File A file maintained by the Custodian for each Mortgage Loan that contains the documents specified in Section 2.01(a) and any additional documents required to be added to the Owner Mortgage Loan File pursuant to this Agreement.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • Mortgage shall have the meaning assigned to such term in the recitals.

  • First Mortgage Loan A Home Equity Loan which constitutes a first priority mortgage lien with respect to any Property.

  • Mortgaged Vessel means, at any relevant time, any Vessel which is at such time subject to a Mortgage and a Vessel shall, for the purposes of this Agreement, be regarded as a Mortgaged Vessel as from the date on which the Mortgage of that Vessel has been executed and registered in accordance with this Agreement until whichever shall be the earlier of (i) the payment in full of the amount required to be paid to the Agent pursuant to clause 4.3 or 4.5 following the Total Loss or sale respectively of such Vessel and (ii) the end of the Facility Period;

  • Fee Mortgage Any mortgage, pledge agreement, security agreement, assignment of leases and rents, fixture filing or similar document creating or evidencing a lien on Landlord’s interest in the Leased Property or any portion thereof (or an indirect interest therein, including without limitation, a lien on direct or indirect interests in Landlord) in accordance with the provisions of Article XXXI hereof.

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Mortgage Amendment means an amendment to an Existing Mortgage or an amendment and restatement of an Existing Mortgage, in each case in form and substance reasonably acceptable to the Collateral Agent.

  • Mortgage Sale Agreement means the mortgage sale agreement entered into on or about the Initial Closing Date among the Seller, the Mortgages Trustee, Funding and the Security Trustee in relation to the assignment from time to time of the Mortgage Portfolio to the Mortgages Trustee as may be amended, restated, novated, varied or supplemented from time to time and shall include any additional and/or replacement mortgage sale agreement entered into by such parties from time to time in accordance with the Transaction Documents;

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Existing Mortgage has the meaning specified in Section 5.02(a)(vi).