Common use of Entry on Mortgaged Property Clause in Contracts

Entry on Mortgaged Property. Subject to the provisions of any applicable Mortgaged Lease and applicable law, Mortgagee may enter the Mortgaged Property and take exclusive possession thereof and of all books, records and accounts relating thereto or located thereon. If Mortgagor remains in possession of the Mortgaged Property following the occurrence and during the continuance of an Actionable Default and without Mortgagee’s prior written consent, subject to the provisions of any applicable Mortgaged Lease and applicable law, Mortgagee may invoke any legal remedies to dispossess Mortgagor.

Appears in 4 contracts

Samples: Credit Agreement (CONSOL Energy Inc), Collateral Trust Agreement (Consol Energy Inc), Security Agreement (Consol Energy Inc)

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Entry on Mortgaged Property. Subject to the provisions of any applicable Mortgaged Lease Lease, Other Instruments and applicable lawLaw, Mortgagee may enter the Mortgaged Property and take exclusive possession thereof and of all books, records and accounts relating thereto or located thereon. If Mortgagor remains in possession of the Mortgaged Property following the occurrence and during the continuance of an Actionable Default and a Default, without Mortgagee’s prior written consent, subject to the provisions of any applicable Mortgaged Lease Lease, Other Instruments and applicable lawLaw, Mortgagee may invoke any legal remedies to dispossess Mortgagor.

Appears in 3 contracts

Samples: Intercreditor Agreement, Securities Purchase Agreement, Put Option Agreement

Entry on Mortgaged Property. Subject to the provisions of any applicable Mortgaged Lease and applicable law, Mortgagee may enter the Mortgaged Property and take exclusive possession thereof and of all books, records and accounts relating thereto or located thereon. If Mortgagor remains in possession of the Mortgaged Property following the occurrence and during the continuance of an Actionable Event of Default and without Mortgagee’s prior written consent, subject to the provisions of any applicable Mortgaged Lease and applicable law, Mortgagee may invoke any legal remedies to dispossess Mortgagor.

Appears in 2 contracts

Samples: Credit Agreement (CNX Resources Corp), Credit Agreement (CNX Coal Resources LP)

Entry on Mortgaged Property. Subject to the provisions of any applicable Mortgaged Lease or Mortgaged Easement and applicable law, Mortgagee may enter the Mortgaged Property and take exclusive possession thereof and of all books, records and accounts relating thereto or located thereon. If Mortgagor remains in possession of the Mortgaged Property following the occurrence and during the continuance of an Actionable Event of Default and without Mortgagee’s prior written consent, subject to the provisions of any applicable Mortgaged Lease or Mortgaged Easement and applicable law, Mortgagee may invoke any legal remedies to dispossess Mortgagor.

Appears in 1 contract

Samples: Credit Agreement (CNX Midstream Partners LP)

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Entry on Mortgaged Property. Subject to the provisions of any applicable Mortgaged Subject Lease and applicable law, Mortgagee may enter the Mortgaged Property and take exclusive possession thereof and of all books, records and accounts relating thereto or located thereon. If Mortgagor remains in possession of the Mortgaged Property following the occurrence and during the continuance of an Actionable Event of Default and without Mortgagee’s prior written consent, subject to the provisions of any applicable Mortgaged Subject Lease and applicable law, Mortgagee may invoke any legal remedies to dispossess Mortgagor.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Foresight Energy LP)

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