Related Collateral Clause Samples
Related Collateral. The related Mortgage Note, Mezzanine Note or B-Note, as applicable, is not, and has not been since the date of origination of the Purchased Loan, secured by any collateral except the lien of the related Mortgage, any related Assignment of Leases, any related security agreement and escrow agreement or other applicable Purchased Loan Document; and the related Mortgaged Property or Properties or other securities, as applicable, do not secure any loan other than the Purchased Loan being sold to Buyer hereunder (except for Purchased Loans, if any, which are cross-collateralized with other Purchased Loans being conveyed to Buyer hereunder and identified on the Purchased Loan Schedule).
Related Collateral. Any instrument given at any time granting a first priority lien in the right, title and interest of any party in and to all of the licenses, permits, contracts and agreements relating to any real property that is the subject of a Deed of Trust to secure the Obligations or to secure the obligations under any Guaranty. Assignments of Rents and Leases. Any instrument, in form and substance acceptable to the Agent, given at any time granting a first priority lien in the right, title and interest of any party in and to all of the leases between such party, as lessor, and the individual tenants, as lessees, relating to any real property that is the subject of a Deed of Trust to secure the Obligations or to secure the obligations under any Guaranty. Balance Sheet Date. March 31, 1997 (being the date of the pro forma balance sheet set forth in the Solicitation Statement).