Mortgage agreement Sample Clauses

Mortgage agreement. The term ‘‘mortgage agreement’’ means the note or debt instrument and the mortgage in- strument, deed of trust instrument, trust deed, or instrument or instruments creating the mortgage, including any instrument incor- porated by reference therein and any instru- ment or agreement amending or modifying any of the foregoing.
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Mortgage agreement. 1. In the event that a RESIDENT or REPRESENTATIVE fails to pay the cost of care as herein provided, the FACILITY reserves the right to secure a lien for that amount against real estate owned by the RESIDENT through established State fiscal procedures.
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Mortgage agreement. In the event Buyer timely elects to assume the Obligations pursuant to Section 3.03, then, if Seller has received the executed Mortgage Agreement from the Mortgagee, Seller shall deliver such document, together with originals of, or
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Mortgage agreement. Buyer shall deliver to Seller the Mortgage Agreement substantially in the form attached hereto as Exhibit C.
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Mortgage agreement. If the Seller elects to make the Seller Deposit, (i) the Seller and the Buyer shall enter into an escrow agreement with the Escrow Agent substantially in the form of the Buyer Escrow Agreement (the “Seller Escrow Agreement”, and together with the Buyer Escrow Agreement, each an “Escrow Agreement”), (ii) subject to this Section 6.9, the Escrow Agent shall hold the Seller Deposit in the Seller Escrow Account, which shall be a segregated account, until the Closing, (iii) the Buyer and MSK shall terminate the Factory (Kun) Mortgage Agreement, the Buyer shall instruct Lee&Ko to release the Kun Mortgage Certificate to MSK, and the Buyer shall further execute any other document or take any action required to effect the release of MSK from its obligations under the Factory (Kun) Mortgage Agreement and deregister the Kun Mortgage, in each case, as may be requested by MSK, including providing MSK with any documents necessary or required to deregister the Kun Mortgage, and (iv) at the Closing, the Buyer and MSK shall jointly instruct the Escrow Agent to, and the Escrow Agent shall, release the Seller Escrow Funds to MSK. If the Seller does not elect to make the Seller Deposit, then at the Closing the Buyer and Seller shall terminate the Factory (Kun) Mortgage Agreement, the Buyer shall instruct Lee&Ko to release the Kun Mortgage Certificate to MSK and the Buyer shall further execute any other document or take any action required to effect the release of MSK from its obligations under the Factory (Kun) Mortgage Agreement and deregister the Kun Mortgage, in each case, as may be requested by MSK, including providing MSK with any documents necessary or required to deregister the Kun Mortgage in the court registry. The Buyer, Seller and MSK agree and acknowledge that the Kun Mortgage, the Seller Deposit and/or the Seller Escrow Funds, as the case may be, are for payment of the Seller Termination Fee pursuant to Section 10.6(b) and any amounts owing pursuant to Section 10.6(c) and the Kun Mortgage or the Seller Escrow Funds shall be available for payment of these Liabilities only.
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Mortgage agreement. A mortgage was established on the following real property:
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Mortgage agreement. 25.1 With this Contract, the Borrower and assume the unconditional and irrevocable commitment of granting to the Financial Institutions a first range real right of mortgage over each of the Properties if at any time during the validity of this Contract the Agent (following the instructions of the Major Shareholders) shows any circumstance that grants the right to the Financial Entities to declare the early termination of this Contract (including the fulfilment of any Ratio or financial responsibility assumed by the Borrower under this Contract or if any Adverse Material Change occurs) with the Agent's mere statement being sufficient evidence to claim the establishment of the Mortgage(s). The Agent (following the instructions of the Majority Entities) shall immediately remit the corresponding requirement to the Borrower so that it may, within a maximum period of fifteen (15) days of receiving the requirement, grant the mortgage deeds on the Properties decided upon by the Majority Entities. Granting the mortgage deeds on the Properties shall take the following aspects into account:
Sample 1
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Mortgage agreement. ★ Provision of security is an important legal activity which may result in property losses. Thus, please carefully read the "Matters that Security Provider Should Know" in the back page of this agreement and the terms and conditions of this agreement and make your decision. ★ The security provider should fill in indicated in bold (section for parties, Article 1 and the last section of this agreement) in his or her own handwriting. day of , 20 Creditor and Kun-Mortgagee: [Seal] Address: Debtor: [Seal] Address:
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Related to Mortgage agreement

  • Agreement to Lease Landlord agrees to lease to Tenant and Tenant agrees to lease from Landlord, according to the terms and conditions set forth herein, the Premises.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Mortgage Lessee does hereby agree to make reasonable modifications of this Lease requested by any Mortgagee of record from time to time, provided such modifications are not substantial and do not increase any of the Rents or obligations of Lessee under this Lease or substantially modify any of the business elements of this Lease.

  • Assignment of Management Agreement As additional collateral security for the Loan, Borrower conditionally transfers, sets over, and assigns to Lender all of Borrower’s right, title and interest in and to the Management Agreement and all extensions and renewals. This transfer and assignment will automatically become a present, unconditional assignment, at Lender’s option, upon a default by Borrower under the Note, the Loan Agreement, the Security Instrument or any of the other Loan Documents (each, an “Event of Default”), and the failure of Borrower to cure such Event of Default within any applicable grace period.

  • Assignment, Mortgage, Etc 11. Tenant, for itself, its heirs, distributees, executors, administrators, legal representative, successors and assigns, expressly covenants, that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant or the majority interest in any partnership or other legal entity which is Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, undertenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, undertenant or occupant as tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any way be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting.

  • Sale Agreement The Sale Agreement is the only agreement pursuant to which the Seller purchases Collateral.

  • Management Agreement The Management Agreement is in full force and effect and there is no default thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • One Agreement This Agreement and any related security or other agreements required by this Agreement, collectively:

  • Mortgage Amendments Within one hundred fifty (150) days after the Amendment No. 8 Effective Date, unless waived or extended by the Administrative Agent in its sole discretion, with respect to each Mortgaged Property, the Administrative Agent shall have received either the items listed in paragraph (a) or the items listed in paragraph (b) as follows:

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