Mortgagee's Powers Sample Clauses

Mortgagee's Powers. Without affecting the liability of any other person liable for the payment of any Obligation herein mentioned, and without affecting the first priority Lien and security interest or charge of this Mortgage upon any portion of the Collateral not then or theretofore released as security for the full amount of all unpaid Secured Obligations, Mortgagee may, from time to time and without notice, (a) release any persons liable, (b) extend the maturity or alter any of the terms of any such obligation, (c) permit the issuance of additional Loans and/or indebtedness under the Credit Agreement, (d) grant other indulgences, (e) release or reconvey, or cause to be released or reconveyed at any time at Mortgagee’s option any parcel, portion or all of the Collateral, (f) take or release any other or additional security for any obligation herein mentioned, or (g) make compositions or other arrangements with Mortgagor in relation thereto.
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Mortgagee's Powers. 8.1 Subject always to the provisions of the Fourth Priority Security Co-ordination Deed, if an Event of Default shall occur and the Mortgagee shall demand repayment of all or any part of the Secured Obligations, the security constituted by this Deed shall become immediately enforceable and at any time thereafter whilst such event shall be continuing the Mortgagee shall be entitled to exercise all or any of the rights, powers, discretions or remedies vested in the Mortgagee by this Clause without any requirement for any court order or declaration that an Event of Default has occurred. The Mortgagee’s right to exercise those rights, powers, discretions and remedies shall be in addition to and without prejudice to all other rights, powers, discretions and remedies to which they may be entitled, whether by law or otherwise. The Mortgagee shall be entitled to exercise their rights, powers, discretions and remedies despite any rule of law or equity to the contrary, and whether or not any previous default shall have been waived, and in particular without any limitations imposed by law.
Mortgagee's Powers. That without affecting the liability of any other person liable for the payment or performance of any obligation herein mentioned, and without affecting the lien or charge of this Mortgage upon any portion of the Mortgaged Property not then or theretofore released as security for the full amount of all unpaid Secured Obligations, Mortgagee may, from time to time and without notice (i) release any person so liable, (ii) extend the maturity or alter any of the terms of the Secured Obligations, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at Mortgagee's option, any parcel, portion or all of the Mortgaged Property, (v) accept or release any other or additional security for the Secured Obligations, (vi) make compositions or other arrangements with debtors in relation thereto, or (vii) advance additional funds to protect the security hereof and pay or discharge the obligations of Mortgagor hereunder or under the Loan Documents, and all amounts so advanced, with interest thereon at the Default Rate set forth in the Note, shall be secured hereby.
Mortgagee's Powers. Without affecting the liability of any other person liable for the payment of any obligation herein mentioned, and without affecting the lien or charge of this Mortgage upon any portion of the Mortgaged Property not then or theretofore released as security for the full amount of all unpaid obligations, Mortgagee or any Lender may, from time to time and without notice (i) release any person so liable, (ii) extend the maturity or alter any of the terms of any such obligation, (iii) grant other indulgences, (iv) release or reconvey, or cause to be released or reconveyed at any time at Mortgagee's option any parcel, portion or all of the Mortgaged Property, (v) take or release any other or additional security for any obligation herein mentioned, or (vi) make compositions or other arrangements with debtors in relation thereto. For purposes of clarification, this Section 1.21 does not grant Mortgagee the right to modify the terms of the Loan without Mortgagor's consent.
Mortgagee's Powers. 8.1 Subject always to the provisions of the Fourth Priority Security Co-ordination Deed, if an Event of Default shall occur and the Mortgagee shall demand repayment of all or any part of the Secured Obligations, the security constituted by this Deed shall become immediately enforceable and at any time thereafter whilst such event shall be continuing the Mortgagee shall be entitled to exercise all or any of the rights, powers, discretions or remedies vested in the Mortgagee by this Clause without any requirement for any court order or declaration that an
Mortgagee's Powers. (a) The Mortgagee’s powers of enforcement include the power to:
Mortgagee's Powers. Without affecting the liability of any other person liable for the payment of any obligation herein mentioned, and without affecting the lien or charge of this Mortgage upon any portion of the Premises not then or theretofore released as security for the full amount of all unpaid obligations, Mortgagee may, from time to time and without notice: (i) release any person so liable; (ii) extend the maturity or alter any of the terms of any such obligation; (iii) grant other indulgences; (iv) release or reconvey, or cause to be released or reconveyed, at any time at Mortgagee's option, any parcel, portion or all of the Premises; (v) take or release any other or additional security for any obligation herein mentioned, or (vi) make compositions or other arrangements with debtors in relation thereto.
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Mortgagee's Powers. 26 2.17. Financial Statements; Annual Rent Roll.............................. 26 2.18. Mortgagor's Existence and Authorizations............................ 27 2.19.
Mortgagee's Powers. 7.1 If an Event of Default shall occur and be continuing, and the Agent shall demand payment of all or any part of the Indebtedness, the security constituted by the Mortgage and this Deed shall become immediately enforceable and the Mortgagee shall be entitled to exercise all or any of the rights, powers, discretions and remedies vested in the Mortgagee by this Clause without any requirement for any court order or declaration that an Event of Default has occurred. The Mortgagee’s right to exercise those rights, powers, discretions and remedies shall be in addition to and without prejudice to all other rights, powers, discretions and remedies to which it may be entitled, whether by statute or otherwise. The Mortgagee shall be entitled to exercise its rights, powers, discretions and remedies, and whether or not any previous default shall have been waived, and in particular without the limitations contained in Section 103 of the Law of Property Xxx 0000 or any statutory provision which the Mortgagee considers analogous to that section under the law of any other relevant jurisdiction.
Mortgagee's Powers. The powers conferred on a mortgagee by any statute are in addition to the powers expressly conferred by this Mortgage and may be exercisable by the Mortgagee immediately upon or at any time after any default by the Mortgagor under this Mortgage without any notice or expiration of time under the statute being necessary. All other provisions of any statute are deemed to be negatived or varied only so far as they are inconsistent with the terms and provisions expressed in this Mortgage.
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