Examples of Mortgage Holder in a sentence
No Mortgage Holder shall be deemed to be the owner of the Land [and the Private Property – if applicable] and the improvements thereon until it shall have foreclosed the mortgage thereon or shall have acquired title by deed in lieu of foreclosure.
Any such Mortgage Holder which shall properly complete the Work or applicable part thereof shall be entitled, upon written request made to the Town, to a Certificate of Completion in the manner provided in Section 3.08 hereof.
In addition, any Mortgage Holder may notify the Town of its address and request that the provisions of this Section 8.03 as they relate to notices apply to it.
The Landlord agrees to use diligent efforts to obtain a non-disturbance agreement in a form satisfactory to the Tenant from the any Mortgage Holder, and the Tenant’s obligation to pay Rent and any other sums under this Lease will be conditioned upon the receipt of such agreement.
If a Mortgage Holder acquires, through foreclosure or action in lieu of foreclosure or otherwise, title to the Land [and the Private Property – if applicable] and the Project or any part thereof after the Completion of construction of the Project, such Mortgage Holder, for the period during which it holds such title, shall comply with all applicable provisions of this Agreement.