Encumbered Property. Borrower irrevocably grants, mortgages, warrants, conveys, assigns and pledges to Lender, and grants to Lender a security interest in, the following property, rights, interests and estates to the extent now or in the future owned or held by Borrower (the "PROPERTY") for the uses and purposes set forth in this Mortgage forever:
Encumbered Property. The property that is encumbered by a Lien. ------------------- Foreclosure Exercise Notice: A notice from Holder to Owner and Lender --------------------------- stating that Holder elects to buy (i) the Secured Obligation in accordance with this Section 12, (ii) the Real Estate in accordance with this Section 12, or (iii) both the Secured Obligation and the Real Estate in accordance with this Section 12.
Encumbered Property. Borrower irrevocably grants, mortgages, warrants, conveys, assigns and pledges to Trustee in trust, WITH POWER OF SALE, and grants to Lender a security interest in, the following property, rights, interests and estates now or in the future owned or held by Boxxxxxx (the “Property”) for the uses and purposes set forth in this Deed of Trust (capitalized terms used in this Section 2.1 and not otherwise defined in this Deed of Trust have the meaning ascribed to them in the Uniform Commercial Code):
Encumbered Property. 2 Section 2.2. Habendum Clause........................................ 5 Section 2.3. Security Agreement..................................... 5 Section 2.4. Conditions to Grant.................................... 6 Section 2.5. Fee Joinder............................................ 7 ARTICLE III - OBLIGATIONS SECURED........................................... 7 Section 3.1. The Obligations........................................ 7
Encumbered Property. Grantor irrevocably grants, mortgages, warrants, conveys, assigns and pledges to Trustees, in trust, WITH POWER OF SALE and the right of entry and possession, and grants to Trustees a security interest in, the following property, rights, interests and estates now or in the future owned or held by Grantor (the "PROPERTY") for the uses and purposes set forth in this Deed of Trust forever:
Encumbered Property. Borrower irrevocably grants, mortgages, warrants, conveys, assigns and pledges to Lender, and grants to Lender a security interest in, the following property, rights, interests and estates now or in the future owned or held by Borrower (the “Property”) for the uses and purposes set forth in this Mortgage forever hereby releasing and waiving all rights under and by virtue of the homestead exemption laws of the State of Illinois (capitalized terms used in this Section 2.1 and not defined in this Mortgage have the meanings ascribed to them in the Uniform Commercial Code).
Encumbered Property. Each Subsidiary identified in Schedule A is the owner of Encumbered Property. Pledgor does not have any Ownership Interest in any entity that owns Encumbered Property that is not also a Subsidiary identified on Schedule A.
Encumbered Property. Such Grantor is not a beneficiary or assignee under any letter of credit as of the Closing Date other than the letters of credit described on Schedule 4.11. Each letter of credit listed on Schedule 4.11 constitutes a Supporting Obligation for another item of the Collateral. 15
Encumbered Property. Real Estate that either, (i) as determined by Agent in its sole discretion and otherwise in accordance with the provisions of Section 7.19 herein, (a) is owned in fee by the Borrower or any Approved Subsidiary free and clear of all liens except the liens securing Existing Indebtedness disclosed to Agent in writing and the liens permitted pursuant to Section 8.2(ii) and (v) herein; (b) is utilized for a shopping center or retail facility; (c) is free of all material violations of Environmental Laws applicable to such Real Estate and any material title defects; and (d) has Existing Indebtedness outstanding secured by such Real Estate that is less than fifty-five percent (55%) of the Estimated Value of such Real Estate, or (ii) is otherwise approved in writing as an Encumbered Property by the Majority Banks.
Encumbered Property. NETOPTIX/LEISEGANG
