Mortgage Amendment Clause Samples

Mortgage Amendment. Within the time period specified in Section 2.14 and Section 2.17, and if required to be delivered thereunder after the incurrence of such Indebtedness, the Borrower shall deliver to the Administrative Agent, (a) executed counterparts of an amendment to each of the Mortgages (“Mortgage Amendment”) in form and substance reasonably satisfactory to the Administrative Agent, which amends the maximum amount of indebtedness secured thereunder and (b) a date-down endorsement, including a modification to increase the policy amounts, to each of the Original Mortgage Policies, dated as of the date of recording of each of the Mortgage Amendments, as applicable, which endorsement shall be subject only to Permitted Liens.

Mortgage Amendment. The Obligors will, as soon as reasonably practicable and in any event prior to July 7, 2022, execute and deliver an amendment to the Mortgage effecting substantially similar amendments as set forth in Section 5 (with necessary changes in detail) and take all such actions and execute such further documents and instruments as may be reasonably required by the Security Agent to perfect and record such amendment against title to the Real Property.

Mortgage Amendment. The Administrative Agent shall have received on or prior to the date that is 90 days from the Second Amendment Effective Date (or such later date as the Administrative Agent may agree in its reasonable discretion) (a) an amendment to that certain mortgage by Black Knight Technology Solutions, LLC to the Collateral Agent, dated as of August 28, 2015 and recorded September 3, 2015 at Book 17291, Page 565 in the recording office of ▇▇▇▇▇ County, Florida (the “Existing Mortgage”); (b) a modification and date-down endorsement to, or replacement policy for, the ALTA loan title insurance policy issued by Fidelity National Title Insurance Company insuring the lien of the Existing Mortgage in form and substance reasonably satisfactory to the Agent and (c) a customary opinion of counsel of the state of Florida reasonably satisfactory to the Administrative Agent.

Mortgage Amendment. Borrower covenants and agrees that on or before the date that is 5 Business Days after the date hereof (or such later date as the Administrative Agent may agree in its sole discretion), the Administrative Agent shall have received an amendment to the Mortgage, duly executed by Lantheus MI Real Estate, LLC (“Real Estate”), and the same shall be in form and substance reasonably satisfactory to the Agents. Borrower further agrees that its or Real Estate’s failure to timely comply with the foregoing shall constitute an immediate Event of Default.

Mortgage Amendment. The Mortgage shall have been amended to ------------------ reflect that it secures the Term Note, and the amendment shall have been recorded with all intangible taxes payable thereon upon recording remitted by Borrower.

Mortgage Amendment. The Term Collateral Agent, the Revolving Loan Collateral Agent, the Lead Borrower and PIDC Financing Corporation shall have recorded an amendment to the Mortgage in form and substance satisfactory to the Term Collateral Agent (the “Mortgage Amendment”) to reflect this Agreement as being secured by a third priority mortgage.

Mortgage Amendment. The Mortgage is hereby amended as follows: (a) All references in the Mortgage to the “Indenture” shall be deemed to be references to the Amended Indenture. (b) By amending Section 10.2 by replacing “$325,000,000.” at the end thereof with “$525,000,000.”

Mortgage Amendment. A First Modification of Security Documents signed by Mundy Realty, Inc. in favor of the Lenders and National City Bank o▇ ▇▇▇iana as a Lender for each of the Mortgaged Properties.

Mortgage Amendment. The Amendment No. 1 to the Preferred First Mortgage over the vessel GREEN BAY shall have been executed and recorded with the National Vessel Documentation Center.