Discharge of Mortgage. Notwithstanding that this Deed is expressed to be supplemental to the Mortgage it shall continue in full force and effect after any discharge of the Mortgage.
Discharge of Mortgage. When the Indebtedness and all Obligations are satisfied in full by the Borrower, and the Borrower has no further liability under any Agreement, and the Lender has no obligation to make any further advances or extend credit to the Borrower under any Agreement, this Mortgage will have no further effect and the Borrower will be entitled to obtain a discharge of this Mortgage. Where the Borrower is entitled to such discharge of this Mortgage, the discharge will be prepared and signed by the Lender and is to be registered by the Borrower, at the Borrower's expense, in the appropriate registry of deeds, land titles or land registration office to cause cancellation or release of this Mortgage against the Property.
Discharge of Mortgage. The Original Owner hereby agrees that it shall, simultaneously with the delivery of the Vessel to the Intermediate Owner under the First MOA, execute and thereafter register at the Existing Register, a deed of discharge in respect of the Existing Mortgage.
Discharge of Mortgage. Upon written request by Resident, after the expiration of the Term and so long as no Event of Default has occurred and is continuing under the terms of this Agreement, the Land Bank shall execute and deliver to Resident a satisfaction or discharge of Mortgage in proper form for recording in the County Clerk's office.
Discharge of Mortgage. KNOW THAT, HSBC BANK USA, NATIONAL ASSOCIATION, having an address at 000 Xxxxx Xxxxxx Xxxx, Xxxxx 000, Xxxxxxxx, Xxx Xxxx 00000 does hereby consent that the following be discharged of record: Subordinate Mortgage, Security Agreement and Assignment of Leases and Rents, dated as of June 25, 2009, made by NAPCO SECURITY TECHNOLOGIES, INC., F/K/A NAPCO SECURITY SYSTEMS, INC. to HSBC BANK USA, NATIONAL ASSOCIATION, as administrative agent and collateral agent, recorded on August 10, 2009, in Liber 21846, Page 517 in the Register of Deeds of Suffolk County, New York, State of New York which Mortgage was amended by Amendment to Subordinate Mortgage, Security Agreement and Assignment of Leases and Rents, dated as of June 29, 2012 and recorded on August 2, 2012 in Liber X00000000, Page 947 in the Register of Deeds of Suffolk County, New York, State of New York (“Mortgage”), encumbering premises as more particularly described in said Mortgage. Said Mortgage has not been assigned of record. [CONTINUED ON NEXT PAGE]
Discharge of Mortgage. Notwithstanding that this Assignment is expressed to be supplemental to the Loan Agreement, the Mortgage and the Deed of Covenant it shall continue in full force and effect after any discharge of the Loan Agreement, the Mortgage and/or the Deed of Covenant.
Discharge of Mortgage. Section 17.01. The Trustees (and any trustee or trustees or co-trustee or co-trustees appointed pursuant to the provisions of this Indenture) may, and upon request of the Company shall, cancel and discharge the Lien hereof and execute and deliver to the Company such deeds and instruments as shall be requisite to satisfy the Lien hereof and reconvey and transfer to the Company the Mortgaged and Pledged Property, whenever all indebtedness secured hereby shall have been paid, including all proper charges of the Trustees hereunder. Notwithstanding the satisfaction and discharge of this Indenture, the Trustees shall have an unsecured right to charge and be reimbursed for any expenditures and liabilities (incurred in good faith and without negligence by the Trustees) which they or either of them may thereafter incur. Bonds and interest obligations for the payment of which and bonds for the redemption of which either
Discharge of Mortgage. As of the date of this announcement, the Land Use Rights have been mortgaged to the Wuxi branch of the Bank of Communications Limited to secure a loan of RMB49 million owed by the Seller to the Bank of Communications Limited. It has been agreed that within 90 days from the settlement of the Deposit by the Purchaser or the Designated Party (as the case may be) pursuant to paragraph C(a) above, the Seller shall discharge the Mortgage.
Discharge of Mortgage. That it is the principal conditions of this mortgage that if the MORTGAGOR shall pay or cause to be paid to the MORTGAGEE , his heirs or assigns the principal obligation herein secured, together with the interest thereon, and the other obligations arising thereunder, when the same shall have become due and payable, and shall comply faithfully with all the other conditions stipulated herein, then this mortgage shall ipso facto become null and void; otherwise, it shall remain in force and effect and be enforceable in the manner provided by law and by this agreement.
Discharge of Mortgage. The Mortgage is a continuing security for the Secured Money and continues until the Mortgage is finally discharged.
