Examples of Environmental Indemnity Agreements in a sentence
To secure the prompt payment and performance to Agent and each Secured Party of the Obligations (other than any Obligations under Environmental Indemnity Agreements which by their terms are unsecured), each Credit Party hereby assigns, pledges and grants to Agent for its benefit and for the benefit of each Secured Party a continuing security interest in and to and Lien on all of its Collateral, whether now owned or existing or hereafter acquired or arising and wheresoever located.
The Environmental Indemnity Agreements of even date herewith, signed by Borrower and the Owners in favor of Lender.
Notwithstanding the foregoing, a default will not occur if Mortgagor mergers with, or is consolidated with, another entity provided the successor to Mortgagor shall have entered into and agreed to be bound by all of Mortgagor's obligations under the Loan Documents and the Environmental Indemnity Agreements.
Borrower shall cause itself and any other parties required by Lender, as listed in Section 2.2(e), to execute and deliver Environmental Indemnity Agreements in favor of Lender relating to hazardous and toxic substances and environmental laws as the same may affect Borrower or the Premises, such agreements to be in form and content acceptable to Lender in its sole discretion.
This Deed of Trust does not secure any of the obligations stated to be unsecured in the Environmental Indemnity Agreements, including those obligations arising following the enforcement of this Deed of Trust; provided, however that all losses, damages and costs incurred by Lender prior to such foreclosure as a result of a breach of this Section 2.4 shall be secured hereunder.