Other Notes or Mortgages Sample Clauses
Other Notes or Mortgages. Borrower's default in the performance or payment of Borrowers obligations under any other note or under any mortgage encumbering all or any part of the SLF, if the other mortgage is permitted by the Bank, whether such other note or mortgage is held by Bank or by any other party, provided such default is not cured by Borrower within thirty (30) days after receipt of written notice from the Bank.
Other Notes or Mortgages. Mortgagor’s default in the performance or payment of Mortgagor’s obligations under any other note, or under any other mortgage encumbering all or any part of the Mortgaged Property, if the other mortgage is permitted by Mortgagee, whether such other note or mortgage is held by Mortgagee or by any other party.
Other Notes or Mortgages. Borrower's default in the performance or payment of Borrower's obligations under any other note which remains uncured after any applicable grace period, or under any other mortgage encumbering all or any part of the Land or the Improvements, if the other mortgage is permitted by the Bank, whether such other note or mortgage is held by Bank or by any other party, and unless otherwise agreed to by separate written agreement between Bank and such other mortgage holder.
Other Notes or Mortgages. Borrower's default in the performance or payment of Borrower's obligations under any other note which remains uncured after any applicable grace period, or under that certain Real Estate Mortgage, Assignment and Security Agreement of even date herewith in favor of Bank, securing a note in the original principal amount of THREE MILLION AND NO/100 DOLLARS ($3,000,000.00) and encumbering that portion of the Land commonly referred to as Parcel "F" and that certain Real Estate Mortgage, Assignment and Security Agreement of even date herewith in favor of Bank, securing a note in the original principal amount of THREE MILLION FOUR HUNDRED THOUSAND AND NO/100 DOLLARS ($3,400,000.00), and encumbering that portion of the Land commonly referred to as Parcel "D", or under any other mortgage encumbering all or any part of the Land or the Improvements, if the other mortgage is permitted by the Bank, whether such other note or mortgage is held by Bank or by any other party, and unless otherwise agreed to by separate written agreement between Bank and such other mortgage holder.
Other Notes or Mortgages. Borrower's default in the performance or payment of Borrower's obligations under any other note or under any mortgage encumbering all or any part of the Hotel, if the other mortgage is permitted by the Bank, whether such other note or mortgage is held by Bank or by any other party, provided such default is not cured by Borrower within thirty (30) days after receipt of written notice from the Bank.
Other Notes or Mortgages. Borrower's default in the performance or payment of Borrower's obligations under any other note, or under any other mortgage encumbering all or any part of the Mortgaged Property, if the other mortgage is permitted by the Bank, whether such other note or mortgage is held by Bank or by any other party.