MORTGAGE, ETC. 11. Tenant, for itself, its heirs, distributees, executors, administrators, legal representatives, successors and assigns, expressly covenants that it shall not assign, mortgage or encumber this agreement, nor underlet, or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance. Transfer of the majority of the stock of a corporate Tenant shall be deemed an assignment. If this lease be assigned, or if the demised premises or any party thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, under-tenant or occupant as Tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein contained. The consent by Owner to an assignment or underletting shall not in any wise be construed to relieve Tenant from obtaining the express consent in writing of Owner to any further assignment or underletting. ELECTRIC CURRENT:
MORTGAGE, ETC. (i) The Administrative Agent shall have received a Mortgage with respect to the Mortgaged Property, executed and delivered by a duly authorized officer of each party thereto.
MORTGAGE, ETC. : 11. Tenant, for itself, its heirs, distributes, executors, administrators, legal representatives successors, assign, mortgage or encumber this agreement, nor underlet or suffer or permit the demised premises or any part thereof to be used by others, without the prior written consent of Owner in each instance, Transfer of the majority of the stock of a corporate Tenant shall be deemed an assignment If this loose be assigned, or if the demised premises or any part thereof be underlet or occupied by anybody other than Tenant, Owner may, after default by Tenant, collect rent from the assignee, under-tenant or occupant, and apply the net amount collected to the rent herein reserved, but no such assignment, underletting, occupancy or collection shall be deemed a waiver of this covenant, or the acceptance of the assignee, under-tenant or occupant as Tenant, or a release of Tenant from the further performance by Tenant of covenants on the part of Tenant herein
MORTGAGE, ETC. (a) The Mortgage and all necessary financing statements shall have been duly authorized, executed and delivered by the Company, and at the time of the Closing the Mortgage shall be in full force and effect. The Mortgage and financing statements, upon appropriate recording, shall create a valid first Lien of record and perfected security interest on and in the Mortgaged Property, subject only to Permitted Encumbrances, and no event shall have occurred and no condition shall exist which constitutes or which would, after notice or lapse of time or both, constitute an Event of Default thereunder or hereunder.
MORTGAGE, ETC. Subject to the limitations set forth in Section ------------- 5.08, the Tenant's interest in the Lease may from time to time without the Landlord's consent, be mortgaged, hypothecated, encumbered, assigned, subleased, or otherwise transferred in whole or in part, by the Tenant or by operation of law, merger, consolidation or otherwise. Any assignment of this Lease shall be evidenced in writing, duly executed and acknowledged by the assignee and duly recorded in the office of the Clerk of the Circuit Court, Broward County, Florida, whereupon and whereby the assignee shall expressly accept and assume all the terms and covenants in this Lease contained to be kept and performed by the Tenant, and will comply with and be bound by them; and the Tenant covenants and agrees that it will not make any assignment of this Lease, except in the manner as above set forth, otherwise such assignment shall be absolutely null and void. The assignment or subleasing of this Lease shall not release the Tenant of liability for the payment of the rent due under this Lease or other obligations and duties on its part to be kept and performed hereunder.
MORTGAGE, ETC a) The Owner has entered into a Senior Secured Revolving Credit Facility Agreement dated 29 May 2008, and as later amended, with Nordea Bank Norge ASA as agent (the “Loan Agreement”). As an element in the security package for the Loan Agreement the Vessel will be mortgaged in favour of Nordea Bank Norge ASA.
MORTGAGE, ETC. The Lender shall have received from the Credit Parties fully executed and notarized Mortgages, in the form of Exhibit G, in proper form for recording in all appropriate places in all applicable jurisdictions, encumbering each parcel of Material Owned Property existing as of the Closing Date that is designated as a “Mortgaged Property” on Schedule 1.1 hereto (each such parcel, a “Mortgaged Property”), together with mortgagee title insurance policies or commitments therefor, and copies of all surveys, deeds, title exception documents, flood hazard certificates and other documents as the Lender may reasonably require.
MORTGAGE, ETC. (i) The Agent shall have received the Mortgage with respect to the Mortgaged Properties, executed and delivered by a duly authorized officer of each party thereto. The Agent shall have received irrevocable and unconditional commitment of Chicago Title Company (the "TITLE COMPANY") to record the Mortgage relating to the Mortgaged Properties and to issue to the Agent, on behalf of the Lenders, effective as of the date and time the Mortgage are recorded, a CLTA lender's title insurance policy ("LENDER'S POLICY"), or equivalent form acceptable to the Agent, in form and substance, and with endorsements, satisfactory to the Agent. The Agent shall have received a copy of all recorded documents referred to, or listed as exceptions to title in, the title policy or policies referred to in clause (ii) above and a copy of all other material documents affecting the Mortgaged Properties.
MORTGAGE, ETC. The Lender shall have received from the Borrower fully executed and notarized Mortgages, in proper form for recording in all appropriate places in all applicable jurisdictions, encumbering each parcel of Material Owned Property existing as of the Closing Date that is designated as a "Mortgaged Property" on SCHEDULE 1.1B of the Disclosure Schedules (each such parcel, a "MORTGAGED PROPERTY"), together with mortgagee title insurance policies or commitments therefor, and copies of all surveys, deeds, title exception documents, flood hazard certificates and other documents as the Lender may reasonably require, including, without limitation:
MORTGAGE, ETC. Within thirty (30) days after the Closing Date, the Agent shall have received from the Credit Parties fully executed and notarized Mortgages, in proper form for recording in all appropriate places in all applicable jurisdictions, encumbering each parcel of Material Owned Property existing as of the Closing Date that is designated as a "Mortgaged Property" on Schedule 1.1 hereto (each such parcel, a "Mortgaged Property"), and within thirty (30) days thereafter with mortgagee title insurance policies or commitments therefor, and copies of all surveys, deeds, title exception documents, flood hazard certificates and other documents as the Agent may reasonably require.
