Existing Mortgages Sample Clauses

Existing Mortgages. Contributor shall have delivered to the Title Company such releases or other instruments necessary to release of record and beneficially any and all existing mortgages, deeds of trust, financing statements or other security documents affecting the Property, other than the First Mortgage (collectively, the "Existing Mortgages").
AutoNDA by SimpleDocs
Existing Mortgages. Seller shall have delivered to the Title Company such releases or other instruments necessary to release of record and beneficially any and all existing mortgages, deeds of trust, financing statements or other security documents affecting the Property (collectively, the "Existing Mortgages").
Existing Mortgages. The Administrative Agent shall have received, with respect to each of the Existing Mortgages, a Mortgage Assignment and a Mortgage Amendment executed and delivered by a duly authorized officer of the relevant Loan Party.
Existing Mortgages. If there be a mortgage or deed of trust on the ------------------ Premises and in the event of the exercise of the Option, Seller agrees to obtain at Seller's expense and deliver to Purchaser, on or before the Closing hereunder, a release thereof, properly executed and acknowledged in form for recording.
Existing Mortgages. Fully executed and notarized amendments ------------------ to each existing mortgage delivered pursuant to the Existing Credit Agreements (each an "Existing Mortgage" and, collectively, the "Existing Mortgages") and fully executed and notarized amendments to each existing Pledge and Collateral Agreement, in proper form for recording in all appropriate places in all applicable jurisdictions, encumbering each Real Property Asset so identified in Schedule 5.5 annexed hereto (each an ------------ "Existing Mortgaged Property" and, collectively, the "Existing Mortgaged Properties");
Existing Mortgages. The amount of any reserves, escrows or accruals held by the holders of the Existing Mortgages for real estate taxes, insurance premiums and other amounts, if any, shall be paid to the Sellers by the Purchaser at the Closing and the Sellers shall assign to the Purchaser all of the Sellers' right, title and interest thereto.
Existing Mortgages. From and after the date hereof, the Sellers shall not modify any provision of the Existing Mortgages without the Purchaser's prior written consent, which consent shall not be unreasonably withheld or delayed with respect to any modification required to consummate the transaction described herein. The Sellers shall pay any amounts due and payable with respect to the Existing Mortgages prior to the Closing Date. 11.7.
AutoNDA by SimpleDocs
Existing Mortgages. This Lease is subject, subordinate, and inferior to any mortgage on the Premises and any and all amendments, renewals, and replacements thereof, and, in the event that any mortgagee, its successors or assigns, or any purchaser of the Premises at a foreclosure sale of by deed in lieu of foreclosure, acquires title to the Premises and elects not to terminate this Lease it shall not be bound by any Rent paid by the Tenant for more than one (1) month in advance, subject to any offset or deduction against any prior Landlord, nor be liable for any default under the Lease by any prior Landlord, or liable for the payment of any Tenant Improvement or other allowance or any other concession or for the return of any Security Deposit not delivered to it.
Existing Mortgages. Landlord represents and warrants that, as of the date hereof, (i) there are no mortgages or deeds of trust that constitute a lien or charge on the whole or any portion of the Land, other than that certain Deed of Trust, Security Agreement and Assignment of Rents and Leases (the “Existing Mortgage”), dated September 16, 2004 made by Landlord for the benefit of Northwestern Mutual Life Insurance Company (“Northwestern Mutual”), securing a promissory note in the original principal amount of $23,650,000.00, and (ii) there are no ground or underlying leases covering the whole or any portion of the Land or the Building. Simultaneously with the execution of this Lease, Landlord shall obtain for and deliver to Tenant a non-disturbance and attornment agreement in the form currently used by Northwestern Mutual and suitable for recording in the form attached hereto as Exhibit E, as the same may be modified by Northwestern Mutual with the reasonable review and approval by Tenant.
Existing Mortgages. 15.1.1 The term
Time is Money Join Law Insider Premium to draft better contracts faster.