Acquired Property. The Company agrees to comply with all Obligations set forth in any Underlying Collateral Document relating to Acquired Property unless, in the opinion of the Company, complying with the Obligations under such Underlying Collateral Documents would not be in the best interest (in terms of maximizing the value of the Loan) of the Company and the Initial Member. Pursuant to the provisions of Section 3.1 hereof, the Initial Member may require the Company to prepare and furnish special warranty deeds and other applicable Transfer Documents, for the Initial Member’s approval, to convey the Receiver Acquired Property to the Company.
Acquired Property. If Debtor shall at any time after the date hereof (a) obtain any rights to any additional Collateral or (b) become entitled to the benefit of any additional Collateral or any renewal or extension thereof, including any reissue, division, continuation, or continuation-in-part of any Collateral, or any improvement on any Collateral, the provisions hereof shall automatically apply thereto and any such item enumerated in the preceding clause (a) or (b) shall automatically constitute Collateral as if such would have constituted Collateral at the time of execution hereof and be subject to the lien and security interest created by this Agreement without further action by any party. Debtor shall promptly provide to Secured Party written notice of any of the foregoing and confirm the attachment of the lien and security interest created by this Agreement to any rights described in clauses (a) and (b) above by execution of an instrument in form reasonably acceptable to Secured Party and the filing of any instruments or statements as shall be reasonably necessary to create, preserve, protect or perfect Secured Party's security interest in such Collateral. Further, Debtor authorizes Secured Party to modify this Agreement by amending Schedule A hereto to include any Collateral of Debtor acquired or arising after the date hereof.
Acquired Property. For all purposes of the Operative Documents, any purchase, sale, replacement, substitution or return of any Unit or Units shall include the other Acquired Property which relates thereto.
Acquired Property. All appraisers shall have a minimum of ten (10) years’ experience in appraising property similar to, and in the area of, the Acquired Property, and shall be MAI certified.
Acquired Property. The Company agrees to comply with all Obligations set forth in any Collateral Document relating to Acquired Property unless (subject in any event to Section 7.5 hereof), in the opinion of the Company, complying with the Obligations pursuant to such Collateral Documents would not be in the best interest (in terms of maximizing the value of the Asset) of the Company and the Initial Member. Pursuant to the provisions of Section 3.1 hereof, the Transferor may require the Company to prepare and furnish Receiver’s Deeds, Omnibus Property Assignments, Receiver’s Quitclaim Deeds and other applicable Transfer Documents, for the Transferor’s approval, to convey the Receiver Acquired Property to an Ownership Entity.
Acquired Property. The parties hereto acknowledge that the Borrower Representative has notified the Administrative Agent and the Lenders that a Loan Party has acquired or will acquire residential real property located in Thousand Oaks, California and improvements and fixtures thereon (the “Acquired Property”) in connection with an employee’s relocation. The Administrative Agent and the Lenders hereby agree that they will not require the Loan Parties to cause the Acquired Property to be subjected to a Lien securing the Secured Obligations or to take any action to grant or perfect Liens on the Acquired Property (other than to the extent a Lien on the Acquired Property is perfected by the UCC Financing Statements previously filed against the Loan Parties), and hereby waive any and all rights to do so under Section 5.12 of the Credit Agreement or otherwise.
Acquired Property. Promptly following the acquisition by the Company or any Guarantor of any After-Acquired Property, the Company or such Guarantor shall promptly execute and deliver such mortgages, deeds of trust, security instruments, financing statements and certificates and Opinions of Counsel as shall be reasonably necessary to vest in the Collateral Agent, for the benefit of the Second Lien Secured Parties, a perfected second priority security interest in such After-Acquired Property and to have such After-Acquired Property added to the Collateral and thereupon all provisions of the indenture relating to the Collateral shall be deemed to relate to such After-Acquired Property to the same extent and with the same force and effect.
Acquired Property. Subject to the terms and conditions of this Agreement, at the Closing (as hereinafter defined), Buyer, in reliance upon the covenants, representations, warranties and agreements of the Group Members contained herein or made pursuant hereto, will acquire from Seller, and Seller, in reliance upon the covenants, representations, warranties and agreements of Buyer and IHS contained herein or made pursuant hereto, will sell, assign, transfer and convey, free and clear of all Encumbrances (as such term is hereinafter defined in Section 5.6), other than Permitted Encumbrances (as such term is hereinafter defined in Section 5.8) to Buyer, all of Seller's rights, title and interest, if any, in and to the following property (collectively, the "PROPERTY"):
Acquired Property. Upon the acquisition of any property used in or relating to the business of Borrower, Borrower shall take all actions reasonably required by Lender to cause such property to become part of the Collateral for the Loan, including, but not limited to, the execution of all documents reasonably required by the Lender.
Acquired Property. To the extent permitted by law, all property acquired by Mortgagor after the date of this Mortgage which by the terms of this Mortgage shall be subject to the lien and the security interest created hereby (including, without limitation any additional land or other real property located in the County where the Real Property is located which may at any time hereafter be acquired by Mortgagor), shall immediately upon the acquisition thereof by Mortgagor and without further conveyance, mortgage or assignment become subject to the liens and security interests created by this Mortgage. Nevertheless, Mortgagor shall execute, acknowledge, deliver and record or file, as appropriate, any and all such further deeds to secure debt, mortgages, security agreements, financing statements, assignments and assurances as Agent shall reasonably require for accomplishing the purposes of this Mortgage.
