Common use of Mortgage Notes Clause in Contracts

Mortgage Notes. On or prior to the Closing Date, the Operating Partnership shall have paid or caused to be paid all amounts outstanding under the first mortgage loans from the Purchaser to certain Affiliates of the Operating Partnership listed on Schedule A hereto (the "Mortgage Notes").

Appears in 2 contracts

Sources: Note Purchase Agreement (Mack Cali Realty L P), Note Purchase Agreement (Mack Cali Realty Corp)