Additional Mortgage Sample Clauses
Additional Mortgage. A fully executed and notarized Mortgage (an "ADDITIONAL MORTGAGE"), duly recorded in all appropriate places in all applicable jurisdictions, encumbering the interest of such Loan Party in such Additional Mortgaged Property;
Additional Mortgage. A fully executed and notarized Mortgage (an "Additional Mortgage"), in proper form for recording in all appropriate places in all applicable jurisdictions, encumbering the interest of such U.S. Loan Party in such Additional Mortgaged Property;
Additional Mortgage. Upon the consummation of the acquisition of the assets of an acute care hospital in Jamestown, Tennessee pursuant to the agreement dated as of January 31, 2018, at the closing thereof, the Company shall, or shall cause the applicable Subsidiary to, grant the Purchaser a first mortgage or deed of trust lien on the real estate included in such transaction.
Additional Mortgage. Fully executed and acknowledged ------------------- counterparts of Mortgages (each an "Additional Mortgage" and collectively, the "Additional Mortgages") in recordable form encumbering such Covered Real Property Asset, which Mortgages shall create a valid and enforceable First Priority Lien (or such other priority lien as may be specified in the applicable Additional Mortgage), subject to Permitted Encumbrances, on such Covered Real Property Asset in favor of Agent (or such other trustee as may be required or desired under local law) for the benefit of Lenders;
Additional Mortgage. Lessor may grant additional mortgage liens on the Demised Premises so long as (a) total mortgage indebtedness under the Existing Mortgage and such additional mortgages does not exceed 75% of the value of the Demised Premises, and (b) the holder of each such mortgage enters into a "Non-disturbance Agreement" (hereafter defined), and any such additional mortgage shall also be a Permitted Mortgage hereunder. Lessee agrees to cooperate with the Lessor in executing a subordination and attornment agreement and any other document reasonably required by the Lessor's lender so long as such lender enters into a non-disturbance agreement in recordable form ("Non-disturbance Agreement"), satisfactory to Lessee in its reasonable judgment, prohibiting such lender from disturbing, interfering with or terminating Lessee's rights under this Lease in connection with the exercise of its remedies under the mortgage, unless Lessee shall then be in default hereunder past any notice, grace or cure period.
Additional Mortgage. (a) K-Sea OLP agrees to and shall execute the Additional Mortgage and the Additional Assignment of Insurance in favor of the Secretary as collateral to secure the obligations of the Partnerships hereunder and under the other Documents. The Partnerships and the Secretary agree that:
(1) The Additional Mortgage, as originally executed, shall cover the Additional Vessels with an aggregate Orderly Liquidation Value equal to or exceeding Ten Million Dollars ($10,000,000), which shall be maintained for the duration of the Additional Mortgage specified below. If the Orderly Liquidation Value of the Additional Vessels drops below $10,000,000, then upon receiving written notice from the Secretary the Partnerships shall promptly add additional collateral in favor of the Secretary such that the aggregate of the Additional Vessels and such new collateral equals at least $10,000,000;
(2) The Additional Mortgage may be supplemented from time to time, and the Secretary shall provide its consent as mortgagee when requested, to replace, remove or otherwise change any Additional Vessel covered under the Additional Mortgage with a different vessel or vessels that satisfy the requirements of Additional Vessel as set forth in the definition of Additional Vessel in Attachment A herein, PROVIDED, THAT, the aggregate Orderly Liquidation Value of the Additional Vessels under the Additional Mortgage, as supplemented, equals or exceeds Ten Million Dollars ($10,000,000);
(3) No hire, freights, or earnings or any other revenue relating to any Additional Vessel shall be assigned or pledged by the Partnerships to any entity; and
(b) The Additional Mortgage shall terminate on December 31, 2008 if, at such time, (i) there is no default under the Security Agreement that is continuing and (ii) the Consolidated Group meets the requirements with respect to Fixed Charge Coverage Ratio, Net Worth and Long Term Debt as set forth in Section 8(b)(i), (ii) and (iii) herein based on the Consolidated Group's financial statements dated December 31, 2007, June 30, 2008 and December 31, 2008. If the Consolidated Group is not in compliance with the requirements with respect to Fixed Charge Coverage Ratio, Net Worth and Long Term Debt as set forth in Section 8(b)(i), (ii) and (iii) herein on December 31, 2008, the Additional Mortgage shall terminate upon the receipt of four consecutive semi-annual financial statements that demonstrate compliance provided there is no default under the Security Agreement th...
Additional Mortgage. Section 6 of the Additional Issuance Agreement is amended to provide that Rennova will cause the filing of a first mortgage or deed of trust lien on the real estate included in the Jamestown asset acquisition at the Purchaser’s request.
Additional Mortgage. Upon completion of any building or structure developed on the Tokai Property, Borrower shall, for each Bank, promptly execute an additional mortgage over such building or structure in favor of such Bank (the "Additional Mortgages") and deliver such Additional Mortgage to Administrative Agent on behalf of such Bank, together with any other documents necessary to create or register such Additional Mortgages. The Additional Mortgages shall be substantially in the form of Exhibit B-2 attached hereto and otherwise in a form reasonably satisfactory to Administrative Agent. Concurrently with the delivery of the Additional Mortgages, Borrower shall deliver to Administrative Agent the Mortgage Perfection Documents relating thereto.
Additional Mortgage. A fully executed and notarized Mortgage (an "Additional Mortgage"), duly recorded in all appropriate places in the applicable jurisdiction, encumbering the interest of such Loan Party in the Refinery Assets constituting Real Property Assets (but excluding any crude oil pipeline and gathering systems which are not located on the property on which the refinery is situated);
Additional Mortgage. The ▇▇▇▇▇ Electronics Corporation executed and delivered a Mortgage encumbering certain real property located at ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, Oakland, New Jersey 07436 to secure the Borrower obligations respecting the Loan on terms and conditions acceptable to the Bank in its sole and unfettered discretion.
