Common use of Delivery of Loan Documents Title Insurance Reports Leases Clause in Contracts

Delivery of Loan Documents Title Insurance Reports Leases. (a) Mortgages, Loan Agreement and Note. Lender shall have received from Borrower a fully executed and acknowledged counterpart of the Mortgages and evidence that counterparts of the Mortgages and Uniform Commercial Code financing statements have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the Properties, of the requisite priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of the Cash Management Agreement, this Agreement, the Note and Assignment of Management, the Subordination Agreement and all other Loan Documents.

Appears in 2 contracts

Samples: Loan Agreement (Corporate Property Associates 15 Inc), Loan Agreement (Corporate Property Associates 16 Global Inc)

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Delivery of Loan Documents Title Insurance Reports Leases. (a) MortgagesMortgage, Loan Agreement and NoteAssignment of Leases. Lender shall have received from Borrower a fully executed and acknowledged counterpart counterparts of the Mortgages Mortgage and the Assignment of Leases and evidence that counterparts of the Mortgages Mortgage and Uniform Commercial Code financing statements Assignment of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the PropertiesProperty, of the requisite priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of the Cash Note, the Environmental Indemnity, the Guaranty, Assignment of Management Agreement, this Agreement, Guaranty and the Note and Assignment of Management, the Subordination Agreement and all other Loan DocumentsAgreements.

Appears in 2 contracts

Samples: Loan Agreement (Glimcher Realty Trust), Loan Agreement (Glimcher Realty Trust)

Delivery of Loan Documents Title Insurance Reports Leases. (a) MortgagesMortgage, Loan Agreement and NoteAssignment of Leases. Lender shall have received from Borrower a fully executed and acknowledged counterpart counterparts of the Mortgages Mortgage and the Assignment of Leases and evidence that counterparts of the Mortgages Mortgage and Uniform Commercial Code financing statements Assignment of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the PropertiesProperty, of the requisite priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of the Environmental Indemnity, Cash Management Agreement, this Agreement, the Note Agreement and Assignment of Management, the Subordination Agreement and all other Loan DocumentsManagement Agreement.

Appears in 1 contract

Samples: Loan Agreement (Prime Group Realty Trust)

Delivery of Loan Documents Title Insurance Reports Leases. (a) MortgagesMortgage, Loan Agreement and NoteAssignment of Leases. Lender shall have received from Borrower a fully executed and acknowledged counterpart counterparts of the Mortgages Mortgage and the Assignment of Leases and evidence that counterparts of the Mortgages Mortgage and Uniform Commercial Code financing statements Assignment of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording a valid and enforceable Liens first priority Lien upon the Properties, of the requisite priority, Property in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of the Environmental Indemnity, the Guaranty, the Cash Management Agreement, this Agreement, the Note and Assignment of Management, the Subordination Management Agreement and all the other Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Pennsylvania Real Estate Investment Trust)

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Delivery of Loan Documents Title Insurance Reports Leases. (a) MortgagesMortgage, Loan Agreement and NoteAssignment of Leases. Lender shall have received from Borrower a fully executed and acknowledged counterpart counterparts of the Mortgages Mortgage and the Assignment of Leases and evidence that counterparts of the Mortgages Mortgage and Uniform Commercial Code financing statements Assignment of Leases have been delivered to the title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the Propertieseach Individual Property, of the requisite priority, in favor of Lender (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of the Environmental Indemnity, Guaranty, Cash Management Agreement, this Agreement, the Note Agreement and Assignment of Management, the Subordination Agreement and all other Loan DocumentsManagement Agreement.

Appears in 1 contract

Samples: Loan Agreement (Koger Equity Inc)

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