Common use of Extension, Release, etc Clause in Contracts

Extension, Release, etc. (a) Without affecting the lien or charge of this Mortgage upon any portion of the Mortgaged Property not then or theretofore released as security for the full amount of the Indebtedness, Mortgagee may, from time to time and without notice, agree to (i) release any person liable for the Indebtedness, (ii) extend the maturity or alter any of the terms of the Indebtedness or any guaranty thereof, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at

Appears in 4 contracts

Samples: Telex Communications Inc, Telex Communications Inc, Telex Communications Inc

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.