Common use of Additional Mortgage Clause in Contracts

Additional Mortgage. Fully executed and acknowledged ------------------- counterparts of Mortgages (each an "Additional Mortgage" and collectively, the "Additional Mortgages") in recordable form encumbering such Covered Real Property Asset, which Mortgages shall create a valid and enforceable First Priority Lien (or such other priority lien as may be specified in the applicable Additional Mortgage), subject to Permitted Encumbrances, on such Covered Real Property Asset in favor of Agent (or such other trustee as may be required or desired under local law) for the benefit of Lenders;

Appears in 1 contract

Samples: Credit Agreement (Goss Graphic Systems Inc)

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Additional Mortgage. Fully executed and acknowledged ------------------- counterparts of Mortgages (each an "Additional MortgageADDITIONAL MORTGAGE" and collectively, the "Additional MortgagesADDITIONAL MORTGAGES") in recordable form encumbering such Covered Real Property Asset, which Mortgages shall create a valid and enforceable First Priority Lien (or such other priority lien as may be specified in the applicable Additional Mortgage), subject to Permitted Encumbrances, on such Covered Real Property Asset in favor of Administrative Agent (or such other trustee as may be required or desired under local law) for the benefit of Lenders;

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Goss Graphic Systems Inc)

Additional Mortgage. Fully executed and acknowledged ------------------- counterparts of Mortgages (each an "Additional MortgageADDITIONAL MORTGAGE" and collectively, the "Additional ADDITIONAL Mortgages") in recordable form encumbering such Covered Real Property Asset, which Mortgages shall create a valid and enforceable First Priority Lien (or such other priority lien as may be specified in the applicable Additional Mortgage), subject to Permitted Encumbrances, on such Covered Real Property Asset in favor of Administrative Agent (or such other trustee as may be required or desired under local law) for the benefit of Lenders;

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Goss Holdings Inc)

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Additional Mortgage. Fully executed and acknowledged ------------------- counterparts of Mortgages (each an "Additional MortgageADDITIONAL MORTGAGE" and collectively, the "Additional MortgagesADDITIONAL MORTGAGES") in recordable form encumbering such Covered Real Property Asset, which Mortgages shall create a valid and enforceable First Priority Lien (or such other priority lien as may be specified in the applicable Additional Mortgage), subject to Permitted Encumbrances, on such Covered Real Property Asset in favor of Agent (or such other trustee as may be required or desired under local law) for the benefit of Lenders;

Appears in 1 contract

Samples: Credit Agreement (Goss Graphic Systems Inc)

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