Mortgage Loan Event of Default means an “Event of Default” as defined in the Mortgage Loan Agreement.
Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.
Mortgage Loan Event of Default. An “Event of Default” as defined under the Mortgage Loan Documents.
Examples of Mortgage Loan Event of Default in a sentence
The occurrence of a Mortgage Loan Event of Default, a Debt Yield Trigger Event (a Debt Yield, as defined, of less than 9.0%), or a Guarantor Bankruptcy triggers a Cash Trap Event, each as defined.
In 1990, a new Patent Act No. 527/1990 was adopted, which, after several amendments, is still the valid law of the Czech Republic.
To the extent a Mortgage Loan Event of Default has been cured in accordance with the Loan Documents, the Intercreditor Agreement, or the Participation Agreement, as applicable, such Mortgage Loan Event of Default and such Sequential Pay Event will cease.
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More Definitions of Mortgage Loan Event of Default
Mortgage Loan Event of Default means an "Event of Default" under and as defined in the Mortgage Loan Agreement.
Mortgage Loan Event of Default shall have the meaning given to such term in Section 6 of the Mortgage Loan Agreement.
Mortgage Loan Event of Default shall have the meaning ascribed to the term “Event of Default” in the Security Instrument.
Mortgage Loan Event of Default has the meaning ascribed to the term “Event of Default” in the Master Loan Agreement.
Mortgage Loan Event of Default means a default (after the expiration of any applicable notice and/or cure periods) under the Mortgage Loan Documents or an Event of Default as defined in the Mortgage Loan Documents.
Mortgage Loan Event of Default an “Event of Default” as such quoted term is defined in the Mortgage Loan Agreement.
Mortgage Loan Event of Default means an “Event of Default” as defined in the Mortgage Loan Agreement. “Mortgage Loan Excess Cash Flow Reserve Account” means the “Excess Cash Flow Reserve Account” as defined in the Mortgage Loan Agreement. “Mortgage Loan Note” has the meaning set forth in the Recitals hereto. “Mortgage Loan Outstanding Principal Balance” means, as of any date, the outstanding principal balance of the Mortgage Loan. “Mortgage Loan Reserve Funds” means the “Reserve Funds” under and as defined in the Mortgage Loan Agreement. “Mortgage Loan Shortfall Account” means the “Shortfall Account” under and as defined in the Mortgage Loan Agreement. “Mortgage Shortfall Provisions” has the meaning set forth in Section 2.1.9(e). “Net Liquidation Proceeds” shall mean, with respect to any Liquidation Event, all amounts paid to or received by or on behalf of Mortgage Borrower in connection with such Liquidation Event, including, without limitation, proceeds of any sale, refinancing or other disposition or liquidation, less (i) Lender’s and/or Mortgage Lender’s reasonable costs incurred in connection with the recovery thereof, (ii) the costs incurred by Mortgage Borrower in connection with a restoration of the Property made in accordance with the Mortgage Loan Documents, (iii) amounts required or permitted to be deducted therefrom and amounts paid pursuant to the Mortgage Loan Documents to Mortgage Lender, (iv) in the case of a foreclosure sale, disposition or Transfer of the Property in connection with realization thereon following an Event of Default under the Mortgage Loan, such reasonable and customary costs and expenses of sale or other disposition (including attorneys’ fees and brokerage commissions), (v) in the case of a foreclosure sale, such costs and expenses incurred by Mortgage Lender under the Mortgage Loan Documents as Mortgage Lender shall be entitled to receive reimbursement for under the terms of the Mortgage Loan Documents, (vi) in the case of a refinancing of the Mortgage Loan, such costs and expenses (including attorneys’ fees) of such refinancing as shall be reasonably approved by Lender and (vii) the amount of any prepayments, yield maintenance charges and/or prepayment premiums required pursuant to the Mortgage Loan Documents and/or the Loan Documents in connection with any such Liquidation Event. “Net Operating Income” has the meaning set forth in the Mortgage Loan Agreement. “Net Proceeds” has the meaning set forth in the Mortgage Loan Agreement.