Additional Debt definition

Additional Debt. With respect to any Mortgage Loan, any debt owed by the related Mortgagor to a party other than the lender under such Mortgage Loan that is secured by the related Mortgaged Property.
Additional Debt. With respect to any Mortgage Loan, any debt owed by the related Mortgagor to a party other than the lender under such Mortgage Loan that is secured by the related Mortgaged Property as of the Closing Date as set forth on Schedule 1 hereto, as increased or decreased from time to time pursuant to the terms of the related subordinate or pari passu loan documents (including any Intercreditor Agreement or subordination agreement).
Additional Debt has the meaning set forth in Section 10.5(b).

Examples of Additional Debt in a sentence

  • Freddie Mac, in its discretion and at any time, may offer Additional Debt Securities having the same terms and conditions as Debt Securities previously offered.


More Definitions of Additional Debt

Additional Debt means, in relation to any debt, any money, debt or liability due, owing or incurred under or in connection with:
Additional Debt has the meaning set forth in Section 8.7.
Additional Debt means Indebtedness for borrowed money other than Indebtedness described in Section 7.13.
Additional Debt means Indebtedness for borrowed money other than Indebtedness described in Section 7.03.
Additional Debt has the meaning assigned to such term in Section 9.3(b).
Additional Debt. Indebtedness, other than Indebtedness pursuant to the Loan Agreement and TALF Debt.
Additional Debt shall have the meaning provided in Section 5.2(c).