Mortgage Condition Sample Clauses

Mortgage Condition. This mortgage is given on the express condition that if Mortgagor shall pay, perform and observe all covenants, agreements and conditions set forth or referred to herein or in the Note on the part of Mortgagor to be paid, performed or observed, then this Mortgage and also the Note shall be and become absolutely void to all intents and purposes whatsoever.
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Mortgage Condition. The Mortgage Condition is satisfied.
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Mortgage Condition. The condition of this Mortgage is such that the ------------------ Borrower is justly indebted to the Lender in the sum of $25,000,000.00, which sum is evidenced by Borrower's Promissory Note for said sum, dated of even date herewith, payable to Lender, a copy of which is attached hereto as Exhibit "C" ----------- and made a part hereof."
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Mortgage Condition. This Mortgage is given on the express ------------------ condition that if Mortgagor shall pay unto Mortgagee the amount of all sums due from Mortgagor to Mortgagee, in the manner and at the time or times specified in the Reimbursement Agreement, then Mortgagee shall discharge and release this Mortgage. Mortgagor shall pay all costs of recordation of any discharge or any other instrument reducing the Obligations, if any.
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Mortgage Condition. If all of the obligations of Mortgagor as set ------------------ forth herein, in the Reimbursement Agreement, in the Letter of Credit and in any additional indebtedness secured hereby, and any extensions or renewals thereof, shall be paid and satisfied according to their tenor, and if all agreements and provisions contained in the Financing Agreements are fully kept and performed, then this Mortgage shall, upon payment or performance of the last such obligation, become null and void; otherwise to remain in full force and effect.
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Mortgage Condition. This mortgage is given on the express condition that if Mortgagor shall: (a) pay to Mortgagee all sums due to Mortgagee in the manner and at the time set forth or referred to herein or in the Note; and
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Related to Mortgage Condition

  • Delivery Condition Subtenant acknowledges that it takes possession of the Subdemised Premises in its “as is” condition on the Commencement Date and further acknowledges that Sublandlord has made no representations or warranties of any kind or nature, whether express or implied, with respect to the Subdemised Premises, the remainder of the Premises, the common areas, or the Building, nor has Sublandlord agreed to undertake or perform any modifications, alterations, or improvements to the Subdemised Premises, the remainder of the Premises, the common areas or the Building which would inure to Subtenant’s benefit.

  • Payment Conditions The price of the whole accommodation service booked is always payable by the Guest in advance, at the latest upon arrival in the hotel. Set-off by the Guest is excluded unless the set- off relates to an undisputed or legally confirmed claim. Valid means of payment are cash in Euros, EC card, Master Card, Visa Card, Diners Card and American Express. For payment settlement we use the 3D Secure 2.0 system for secure and additional customer authorisation. For further information on data processing for payment transactions see xxxxx://xxx.xxxxx-xxx.xxx/en/data-privacy/.

  • Prior Conditions Satisfied All conditions set forth in §10 shall continue to be satisfied as of the date upon which any Loan is to be made or any Letter of Credit is to be issued.

  • GUARANTEE CONDITIONS 5.1 All guaranteed performance data are based on the International Standard Atmosphere (ISA) and specified variations therefrom; altitudes are pressure altitudes.

  • ELIGIBILITY CONDITIONS The eligibility conditions specified in Adoption Agreement Section 2.01 are effective for Plan Years beginning after _______________________.

  • Release Condition Notwithstanding anything to the contrary herein, no Severance Payments shall be due or made to Employee hereunder unless (i) Employee shall have executed and delivered a general release in favor of Employer and its affiliates, (which release shall be submitted to Employee for his review by the date of Employee’s termination of employment (or shortly thereafter), be substantially in the form of the Separation Agreement and Release attached hereto as Exhibit A and otherwise be satisfactory to Employer) and (ii) the Release Effective Date shall have occurred on or before the thirty-sixth (36th) day following the date employment terminates. The “Release Effective Date” shall be the date the general release becomes effective and irrevocable.

  • Property Condition Report A property condition report from a firm of professional engineers or architects selected by Borrower and reasonably acceptable to Agent (the “Inspector”) satisfactory in form and content to the Agent, dated not more than ninety (90) days prior to the inclusion of such Real Estate in the Collateral, addressing such matters as the Agent may reasonably require.

  • Release Conditions As used in this Agreement, "Release Conditions" shall mean the following:

  • Property Condition Seller agrees to maintain the Property in its current condition, subject to ordinary wear and tear, from the time this Agreement comes into effect until the Closing. Buyer recognizes that the Seller, along with any licensed real estate agent(s) involved in this transaction, make no claims as to the validity of any property disclosure information. Buyer is required to perform their own inspections, tests, and investigations to verify any information provided by the Seller. Afterward, the Buyer shall submit copies of all tests and reports to the Seller at no cost.

  • SUBLEASE REQUIREMENTS The following terms and conditions shall apply to any subletting by Tenant of all or any part of the Premises and shall be deemed included in each sublease:

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