Common use of FOR THE PURPOSE OF SECURING Clause in Contracts

FOR THE PURPOSE OF SECURING. (i) the payment of the Loan and all interest, late charges, LIBOR breakage charges (including any Make Whole Costs described in the Loan Agreement), prepayment premium, if any, exit fee, if any, interest rate swap or hedge expenses (if any), reimbursement obligations, fees and expenses for letters of credit issued by any Bank for the benefit of the Borrower, if any, and other indebtedness evidenced by or owing under the Notes, any of the other Loan Documents, and any application for letters of credit and master letter of credit agreement, together with any extensions, modifications, renewals or refinancings of any of the foregoing; (ii) the obligations and liabilities of the Borrower to the Beneficiary under and pursuant to interest rate, currency or commodity swap agreement, cap agreement or collar agreement, executed by and between the Borrower and the Beneficiary from time to time (collectively, “Interest Rate Agreements”), (iii) the performance and observance of the covenants, conditions, agreements, representations, warranties and other liabilities and obligations of the Borrower or Trustor or any other obligor to or benefiting the Beneficiary which are evidenced or secured by or otherwise provided in the Notes, this Deed of Trust or any of the other Loan Documents; and (iv) the reimbursement to the Beneficiary of any and all sums incurred, expended or advanced by the Beneficiary pursuant to any term or provision of or constituting additional indebtedness under or secured by this Deed of Trust, any of the other Loan Documents or any Interest Rate Agreements or any application for letters of credit and master letter of credit agreement, with interest thereon as provided herein or therein (collectively, the “Indebtedness”).

Appears in 4 contracts

Samples: Leasehold and Fee (Grubb & Ellis Healthcare REIT, Inc.), Grubb & Ellis Healthcare REIT, Inc., NNN Healthcare/Office REIT, Inc.

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FOR THE PURPOSE OF SECURING. (i) the payment of the Loan and all interest, late charges, LIBOR breakage charges (including any Make Whole Costs described in the Loan Agreement), prepayment premium, if any, exit fee, if any, interest rate swap or hedge expenses (if any), reimbursement obligations, fees and expenses for letters of credit issued by any Bank the Mortgagee for the benefit of the Borrower, if any, and other indebtedness evidenced by or owing under the Notes, any of the other Loan Documents, and any application for letters of credit and master letter of credit agreement, together with any extensions, modifications, renewals or refinancings of any of the foregoing; (ii) the obligations and liabilities of the Borrower to the Beneficiary Mortgagee under and pursuant to interest rate, currency or commodity swap agreement, cap agreement or collar agreement, executed by and between the Borrower and the Beneficiary Mortgagee from time to time (collectively, “Interest Rate Agreements”), (iii) the performance and observance of the covenants, conditions, agreements, representations, warranties and other liabilities and obligations of the Borrower or Trustor Mortgagor or any other obligor to or benefiting the Beneficiary Mortgagee which are evidenced or secured by or otherwise provided in the Notes, this Deed of Trust Mortgage or any of the other Loan Documents; and (iv) the reimbursement to the Beneficiary Mortgagee of any and all sums incurred, expended or advanced by the Beneficiary Mortgagee pursuant to any term or provision of or constituting additional indebtedness under or secured by this Deed of TrustMortgage, any of the other Loan Documents or any Interest Rate Agreements or any application for letters of credit and master letter of credit agreement, with interest thereon as provided herein or therein (collectively, the “Indebtedness”).

Appears in 2 contracts

Samples: Open End Fee and Leasehold Revolving Mortgage, Security Agreement (Grubb & Ellis Healthcare REIT, Inc.), Open End Revolving Mortgage, Security Agreement (Grubb & Ellis Healthcare REIT, Inc.)

FOR THE PURPOSE OF SECURING. (i) the payment of the Loan and all interest, late charges, LIBOR breakage charges charges, exit fee (including any Make Whole Costs described in the Loan Agreement), prepayment premium, if any, exit fee, if any), interest rate swap or hedge expenses (if any), reimbursement obligations, fees and expenses for letters of credit issued by any Bank for the benefit of the Borrowerexpenses, if any, and other indebtedness evidenced by or owing under the NotesNote, any of the other Loan Documents, and any application for letters of credit and master letter of credit agreement, together with any extensions, modifications, renewals or refinancings of any of the foregoing; (ii) the obligations and liabilities of the all other indebtedness owed by Borrower to the Beneficiary under and pursuant to interest rate, currency or commodity swap agreement, cap agreement or collar agreement, executed by and between the Borrower and the Beneficiary from time to time (collectively, “Interest Rate Agreements”), Lender; (iii) the performance and observance of the covenants, conditions, agreements, representations, warranties and other liabilities and obligations of the Borrower or Trustor or any other obligor to or benefiting the Beneficiary Lender which are evidenced or secured by or otherwise provided in the NotesNote, this Deed of Trust or any of the other Loan Documents, any interest rate swap or hedge agreements now or hereafter entered into between Borrower and Lender; and (iv) the reimbursement to the Beneficiary Lender of any and all sums incurred, expended or advanced by the Beneficiary Lender pursuant to any term or provision of or constituting additional indebtedness under or secured by this Deed of Trust, any of the other Loan Documents Documents, or any Interest Rate Agreements interest rate swap or any application for letters of credit hedge agreements now or hereafter entered into between Borrower and master letter of credit agreementLender, with interest thereon as provided herein or therein (collectively, the “Indebtedness”).

Appears in 1 contract

Samples: Grubb & Ellis Healthcare REIT, Inc.

FOR THE PURPOSE OF SECURING. (i) the payment of the Loan Obligations (as defined in the Financing Agreement) and all interest, late charges, LIBOR breakage charges (including any Make Whole Costs described in the Loan Agreement), prepayment premium, if any, exit fee, if any, interest rate swap or hedge expenses (if any), reimbursement obligations, fees and expenses for letters of credit issued by any Bank for the benefit of the Borrower, if any, and other indebtedness evidenced by or owing under the NotesFinancing Agreement, the Notes or any other of the other Loan Transaction Documents, and any application for letters of credit and master letter of credit agreement, together with any extensions, modifications, renewals or refinancings of any of the foregoing; (ii) the obligations and liabilities of the Borrower to the Beneficiary under and pursuant to interest rate, currency or commodity swap agreement, cap agreement or collar agreement, executed by and between the Borrower and the Beneficiary from time to time (collectively, “Interest Rate Agreements”), (iii) the performance and observance of the covenants, conditions, agreements, representations, warranties and other liabilities and obligations of the Mortgagor and any other Borrower or Trustor or any other obligor to the Mortgagee or benefiting the Beneficiary Lenders and the Holders which are evidenced or secured by or otherwise provided in the Financing Agreement, the Notes, this Deed of Trust Mortgage or any of the other Loan Transaction Documents; and (iviii) the reimbursement to the Beneficiary Mortgagee or a Lender or Holder, as applicable, of any and all sums incurred, expended or advanced by the Beneficiary Mortgagee or any Lender or Holder pursuant to any term or provision of or constituting additional indebtedness under or secured by this Deed of TrustMortgage, the Financing Agreement, the Notes or any of the other Loan Documents or any Interest Rate Agreements or any application for letters of credit and master letter of credit agreementTransaction Documents, with interest thereon as provided herein or therein (collectively, the “IndebtednessSecured Obligations”).

Appears in 1 contract

Samples: Mortgage, Security Agreement (Unigene Laboratories Inc)

FOR THE PURPOSE OF SECURING. (i) the payment of the Loan and all interest, late charges, LIBOR breakage charges (including any Make Whole Costs described in the Loan Agreementif any), prepayment premium, premium (if any), exit fee, fee (if any), interest rate swap or hedge expenses (if any), reimbursement obligations, fees and expenses for letters of credit issued by any Bank Mortgagee for the benefit of the BorrowerMortgagor, if any, and other indebtedness evidenced by or owing under the NotesNote, any of the other Loan Documents, any interest rate swap or hedge agreement now or hereafter entered into between Mortgagor and Mortgagee and any application for letters of credit and master letter of credit agreement, together with any extensions, modifications, renewals or refinancings of any of the foregoing; (ii) the obligations and liabilities of the Borrower to the Beneficiary under and pursuant to interest rate, currency or commodity swap agreement, cap agreement or collar agreement, executed by and between the Borrower and the Beneficiary from time to time (collectively, “Interest Rate Agreements”), (iii) the performance and observance of the covenants, conditions, agreements, representations, warranties and other liabilities and obligations of the Borrower or Trustor Mortgagor or any other obligor to or benefiting the Beneficiary Mortgagee which are evidenced or secured by or otherwise provided in the NotesNote, this Deed of Trust Mortgage or any of the other Loan Documents; and (iviii) the reimbursement to the Beneficiary Mortgagee of any and all sums incurred, expended or advanced by the Beneficiary Mortgagee pursuant to any term or provision of or constituting additional indebtedness under or secured by this Deed of TrustMortgage, any of the other Loan Documents Documents, any interest rate swap or any Interest Rate Agreements hedge agreement or any application for letters of credit and master letter of credit agreement, with interest thereon as provided herein or therein (collectively, the “Indebtedness”).

Appears in 1 contract

Samples: Fixture Filing (Wells Mid-Horizon Value-Added Fund I LLC)

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FOR THE PURPOSE OF SECURING. (i) the payment of the Loan and all interest, late charges, LIBOR breakage charges (including any Make Whole Costs described in the Loan Agreement), prepayment premium, if any, exit fee, if any, interest rate swap or hedge expenses (if any), reimbursement obligations, fees and expenses for letters of credit issued by any Bank Mortgagee for the benefit of the BorrowerMortgagor, if any, and other indebtedness or other amounts evidenced by or owing under the NotesLoan Agreement, the Note, this Mortgage or any of the other Loan Documents, any interest rate swap or hedge agreement now or hereafter entered into between Mortgagor and Mortgagee or any of Mortgagee’s affiliates, and any application for letters of credit and master letter of credit agreement, together with any extensions, modifications, renewals or refinancings of any of the foregoing; (ii) the obligations and liabilities of the Borrower to the Beneficiary under and pursuant to interest rate, currency or commodity swap agreement, cap agreement or collar agreement, executed by and between the Borrower and the Beneficiary from time to time (collectively, “Interest Rate Agreements”), (iii) the performance and observance of the covenants, conditions, agreements, representations, warranties and other liabilities and obligations of the Borrower or Trustor Mortgagor or any other obligor to or benefiting the Beneficiary Mortgagee which are evidenced or secured by or otherwise provided in the NotesLoan Agreement, the Note, this Deed of Trust Mortgage or any of the other Loan Documents; and (iviii) the reimbursement to the Beneficiary Mortgagee of any and all sums incurred, expended or advanced by the Beneficiary Mortgagee pursuant to any term or provision of of, or constituting additional indebtedness under or secured by by, this Deed of TrustMortgage, any of the other Loan Documents Documents, any interest rate swap or any Interest Rate Agreements hedge agreement or any application for letters of credit and master letter of credit agreement, with interest thereon as provided herein or therein (collectively, the “Indebtedness”).

Appears in 1 contract

Samples: Adcare Health Systems, Inc

FOR THE PURPOSE OF SECURING. (i) the payment of the Loan and all interest, late charges, LIBOR breakage charges (including any Make Whole Costs described in the Loan Agreement), prepayment premium, if any, exit fee, if any, interest rate swap or hedge expenses fee (if any), reimbursement obligations, fees and expenses for letters of credit issued by any Bank Mortgagee for the benefit of the BorrowerMortgagor, if any, and other indebtedness evidenced by or owing under the NotesNote, any of the other Loan Documents, any interest rate swap or hedge agreement now or hereafter entered into between Mortgagor and Mortgagee and any application for letters of credit and master letter of credit agreement, together with any extensions, modifications, renewals or refinancings of any of the foregoing; (ii) the obligations and liabilities of the Borrower to the Beneficiary under and pursuant to interest rate, currency or commodity swap agreement, cap agreement or collar agreement, executed by and between the Borrower and the Beneficiary from time to time (collectively, “Interest Rate Agreements”), (iii) the performance and observance of the covenants, conditions, agreements, representations, warranties and other liabilities and obligations of the Borrower or Trustor Mortgagor or any other obligor to or benefiting the Beneficiary Mortgagee which are evidenced or secured by or otherwise provided in the NotesNote, this Deed of Trust Mortgage or any of the other Loan Documents; and (iviii) the reimbursement to the Beneficiary Mortgagee of any and all sums incurred, expended or advanced by the Beneficiary Mortgagee pursuant to any term or provision of or constituting additional indebtedness under or secured by this Deed of TrustMortgage, any of the other Loan Documents Documents, any interest rate swap or any Interest Rate Agreements hedge agreement or any application for letters of credit and master letter of credit agreement, with interest thereon as provided herein or therein (collectively, the “Indebtedness”).

Appears in 1 contract

Samples: Construction Mortgage, Security Agreement (Textura Corp)

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