Further Property Sample Clauses
The 'Further Property' clause obligates a party to take additional actions or provide further documentation necessary to perfect or enforce rights granted under an agreement. In practice, this may require a party to sign extra forms, deliver additional information, or cooperate with legal processes to ensure that the intended transfer or protection of property rights is fully realized. This clause ensures that the agreement's objectives are not hindered by technicalities or incomplete paperwork, thereby providing certainty and enforceability for the parties involved.
Further Property. All greater estate, right, title and interest of the Grantor in, to, under or derived from the Trust Property hereafter acquired by the Grantor, and all right, title and interest of the Grantor in, to, under or derived from all extensions, improvements, betterments, renewals, substitutions and replacements of, and additions and appurtenances to, any of the Trust Property hereafter acquired by or released to the Grantor or constructed or located on, or attached to, the Property, in each case, immediately upon such acquisition, release, construction, location or attachment, without any further conveyance, Deed of Trust, assignment or other act by the Grantor; and all estate, right, title and interest of the Grantor in, to, under or derived from any other property and rights which are, by the provisions of the Loan Documents, required to be subjected to the Lien hereof; and all right, title and interest of the Grantor in, to, under or derived from all other property and rights which are by any instrument or otherwise subjected to the Lien hereof by the Grantor or by anyone acting on its behalf. TO HAVE AND TO HOLD the Trust Property, together with all estate, right, title and interest of the Grantor and anyone claiming by, through or under the Grantor in, to, under or derived from the Trust Property and all rights and appurtenances relating thereto, to the Trustee and the Trustee's successors and assigns for the benefit of the Secured Parties forever. THE GRANTOR ADDITIONALLY COVENANTS AND AGREES WITH THE TRUSTEE AND THE BENEFICIARY AS FOLLOWS:
Further Property. All estate, right, title and interest of the Mortgagor in, to, under or derived from the Mortgaged Property hereafter acquired by the Mortgagor, and all right, title and interest of the Mortgagor in, to, under or derived from all extensions, improvements, betterments, renewals, substitutions and replacements of, and additions and appurtenances to, any of the Mortgaged Property hereafter acquired by or released to the Mortgagor or constructed or located on, or attached to, the Property, in each case, immediately upon such acquisition, release, construction, location or attachment, without any further conveyance, mortgage, assignment or other act by the Mortgagor; and all estate, right, title and interest of the Mortgagor in, to, under or derived from any other property and rights which are, by the provisions of the Credit Documents, required to be subjected to the Lien hereof; and all estate, right, title and interest of the Mortgagor in, to, under or derived from all other property and rights which are by any instrument or otherwise subjected to the Lien hereof by the Mortgagor or by anyone acting on its behalf. TO HAVE AND TO HOLD the Mortgaged Property, together with all estate, right, title and interest of the Mortgagor and anyone claiming by, through or under the Mortgagor in, to, under or derived from the Mortgaged Property and all rights and appurtenances relating thereto, unto the Mortgagee and its successors and assigns, forever, under and subject to the terms of the Indenture and this Mortgage for the benefit of the Secured Parties and for the security and enforcement of the complete and prompt payment and performance when due of all the Secured Obligations. PROVIDED ALWAYS that this Mortgage is upon the express condition that the Mortgaged Property shall be released from the Lien of this Mortgage in full in the manner and at the time provided in Section 7.01. NOTWITHSTANDING anything to the contrary set forth above, the rights of the Mortgagee hereunder are expressly limited to the right, title and interest of the Mortgagor (including its successors and assigns) in and to the Mortgaged Property and shall not impair or otherwise affect the right, title and interest of the other Co- Tenant or the Other Co-Tenant's right to any increase in the value of its Interest (as defined in the Owners Agreement) and the Mortgagee's rights hereunder, whether through foreclosure or otherwise, shall be expressly subject to the Other Co-Tenant's rights under the O...