No Security Interest. This Agreement does not grant you or anyone else any security interest in any land, building, or other property owned or managed by McLean, whether at the campus in Simsbury or elsewhere. Your rights under this Agreement are and shall be subordinate to the rights of a secured lender under any mortgage, deed, trust or other senior security interest that is placed on ▇▇▇▇▇▇’▇ property, now or in the future. You agree that you will execute, upon request, any documentation required to implement or serve as evidence of such subordination.
Appears in 2 contracts
Sources: Residency Agreement, Residency Agreement
No Security Interest. This Agreement does not grant you or anyone else any security interest in any land, building, or other property owned or managed by McLean▇▇▇▇▇▇, whether at the campus in Simsbury or elsewhere. Your rights under this Agreement are and shall be subordinate to the rights of a secured lender under any mortgage, deed, trust or other senior security interest that is placed on ▇▇▇▇▇▇’▇ property, now or in the future. You agree that you will execute, upon request, any documentation required to implement or serve as evidence of such subordination.
Appears in 2 contracts
Sources: Residency Agreement, Residency Agreement
No Security Interest. This Agreement does not grant you or anyone else any security interest in any land, buildingbuildings, or other property owned or managed by McLean, whether at the campus in Simsbury or elsewhere. Your rights under this Agreement are and shall be subordinate to the rights of a secured lender under any mortgage, deeddeed or trust, trust or other senior security interest that is placed on ▇▇▇▇▇▇’▇ property, now or in the future. You agree that you will execute, upon request, any documentation required to implement or serve as evidence of such subordination.
Appears in 2 contracts
Sources: Residency Agreement, Residency Agreement
No Security Interest. This Agreement does not grant you or anyone else any security interest in any land, building, or other property owned or managed by McLean, whether at the campus in Simsbury or elsewhere. Your rights under this Agreement are and shall be subordinate to the rights of a secured lender under any mortgage, deed, trust or other senior security interest that is placed on ▇▇▇▇▇▇’▇ McLean’s property, now or in the future. You agree that you will execute, upon request, any documentation required to implement or serve as evidence of such subordination.
Appears in 1 contract
Sources: Residency Agreement
No Security Interest. This Agreement does not grant you or anyone else any security interest in any land, building, or other property owned or managed by McLean▇▇▇▇▇▇, whether at the campus in Simsbury or elsewhere. Your rights under this Agreement are and shall be subordinate to the rights of a secured lender under any mortgage, deed, trust or other senior security interest that is placed on ▇▇▇▇▇▇’▇ property, now or in the future. You agree that you will execute, upon request, any documentation required to implement or serve as evidence of such subordination.
Appears in 1 contract
Sources: Residency Agreement