Common use of Obligations Unsecured Clause in Contracts

Obligations Unsecured. Xxxxxxxx acknowledges and agrees that, notwithstanding anything to the contrary contained in any of the Loan Documents, the representations, warranties and covenants of Borrower contained in this Article 4 are independent obligations which are not secured by the Mortgage or any other Loan Document. Xxxxxxxx further acknowledges that it is the intent of Lender to create separate obligations of Borrower under this Article 4 which can be enforced against Borrower without regard to the existence of the Mortgage or the other Loan Documents or the Liens or security interests contained therein.

Obligations Unsecured. Xxxxxxxx Borrower acknowledges and agrees that, notwithstanding anything to the contrary contained in any of the Loan Documents, the representations, warranties and covenants of Borrower contained in this Article 4 are independent obligations which are not secured by the Mortgage Deed of Trust or any other Loan Document. Xxxxxxxx Borrower further acknowledges that it is the intent of Lender Agent and the Banks to create separate obligations of Borrower under this Article 4 which can be enforced against Borrower without regard to the existence of the Mortgage Deed of Trust or the other Loan Documents or the Liens or security interests contained therein.

Obligations Unsecured. Xxxxxxxx Borrower acknowledges and agrees that, notwithstanding anything to the contrary contained in any of the Loan Documents, the representations, warranties and covenants of Borrower contained in this Article 4 are independent obligations which are not secured by the Mortgage or any other Loan Document. Xxxxxxxx Borrower further acknowledges that it is the intent of Lender to create separate obligations of Borrower under this Article 4 which can be enforced against Borrower without regard to the existence of the Mortgage or the other Loan Documents or the Liens or security interests contained therein.