Common use of Additional Security Clause in Contracts

Additional Security. Without notice to or consent of the Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, additional security for the Secured Obligations. Neither the giving hereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s Lien and rights under this Mortgage.

Appears in 9 contracts

Sources: Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.)

Additional Security. Without notice to or consent of the Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other PersonPerson or Persons, additional security for the Secured Obligations. Neither the giving hereof of this Mortgage nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s 's Lien and rights under this Mortgage.

Appears in 8 contracts

Sources: Mortgage, Assignment of Leases, Security Agreement and Fixture Filing (Blue Steel Capital Corp), Mortgage, Assignment of Leases, Security Agreement and Fixture Filing (Rti Capital Corp), Open End Mortgage (Republic Engineered Steels Inc)

Additional Security. Without notice to or consent of the Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Personperson, additional security for the Secured Obligations. Neither the giving hereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s Lien and rights under this Mortgage.

Appears in 6 contracts

Sources: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)

Additional Security. Without notice to or consent of the Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Personperson, additional security for the Secured Obligations. Neither the giving hereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s Lien and rights under this Mortgage.

Appears in 6 contracts

Sources: Credit Agreement (Valvoline Inc), Credit Agreement (Ashland Inc.), Term Loan Agreement (Wesco International Inc)

Additional Security. Without notice to or consent of the Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, additional security for the Secured Obligations. Neither the giving hereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s 's Lien and rights under this Mortgage.

Appears in 5 contracts

Sources: Indenture (Trump Indiana Inc), Second Fee and Leasehold Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Trump Indiana Inc), Credit Agreement (Ionics Inc)

Additional Security. Without notice to or consent of the Mortgagor Mortgagor, and without impairment of the Lien security interest and lien and rights created by this Mortgage, the Mortgagee and the Lenders may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, Person additional security for the Secured Obligations. Neither the giving hereof of this Mortgage nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, andor, secondfirst, to the security created by this Mortgage Mortgage, or concurrently to both, in any case without affecting the Mortgagee’s Lien 's lien and rights under this Mortgage.

Appears in 4 contracts

Sources: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Leiner Health Products Inc), Mortgage (Leiner Health Products Inc)

Additional Security. Without notice to or consent of ------------------- the Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, additional security for the Secured Obligations. Neither the giving hereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s 's Lien and rights under this Mortgage.

Appears in 3 contracts

Sources: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Raceland Truck Plaza & Casino LLC), Mortgage Agreement (Applied Power Inc), Term Loan & Revolving Credit Mortgage (Applied Power Inc)

Additional Security. Without notice to or consent of the ------------------- Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, additional security for the Secured Obligations. Neither the giving hereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s 's Lien and rights under this Mortgage.

Appears in 3 contracts

Sources: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Raceland Truck Plaza & Casino LLC), Leasehold Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Raceland Truck Plaza & Casino LLC), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Raceland Truck Plaza & Casino LLC)

Additional Security. Without notice to or consent of the Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Personperson, additional security for the Secured Obligations. Neither the giving hereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s 's Lien and rights under this Mortgage.

Appears in 2 contracts

Sources: Credit Agreement (Ionics Inc), Credit Agreement (SFBC International Inc)

Additional Security. Without notice to or consent ------------------- of the Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, additional security for the Secured Obligations. Neither the giving hereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s 's Lien and rights under this Mortgage.

Appears in 2 contracts

Sources: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Raceland Truck Plaza & Casino LLC), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Raceland Truck Plaza & Casino LLC)

Additional Security. Without notice to or consent of the Mortgagor Mortgagor, and without impairment of the Lien security interest and lien and rights created by this Mortgage, the Mortgagee and the Lenders may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, Person additional security for the Secured Obligations. Neither the giving hereof of this Mortgage nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, andor, secondfirst, to the security created by this Mortgage Mortgage, or concurrently to both, in any case without affecting the Mortgagee’s Lien 's lien and rights under this Mortgage.

Appears in 1 contract

Sources: Second Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Sterling Chemical Inc)

Additional Security. Without notice to or consent of the Mortgagor Mortgagor, and without impairment of the Lien security interest and lien of and rights created by this Mortgage, the Mortgagee and the Lenders may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, Person additional security for the Secured Obligations. Neither the giving hereof of this Mortgage nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, andor, secondfirst, to the security created by this Mortgage Mortgage, or concurrently to both, in any case without affecting the Mortgagee’s Lien lien and rights under this Mortgage.

Appears in 1 contract

Sources: Credit Agreement (Sabre Industries, Inc.)

Additional Security. Without notice to or consent of the Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, additional security for the Secured ObligationsMortgage Notes. Neither the giving hereof of this Mortgage nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s 's Lien and rights under this Mortgage.

Appears in 1 contract

Sources: Mortgage, Security Agreement and Assignment of Rents (Urban Shopping Centers Inc)

Additional Security. Without notice to or consent of the Mortgagor or Agency and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor and Agency shall not be obligated to furnish) from the Mortgagor Mortgagor, Agency, or from any other Personperson, additional security for the Secured Obligations. Neither the giving hereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s Lien and rights under this Mortgage.

Appears in 1 contract

Sources: Credit Agreement (Gsi Group Inc)

Additional Security. Without notice to or consent of the Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, additional security for the Secured Obligations. Neither the giving hereof thereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to 39406775_3 such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s Lien and rights under this Mortgage.

Appears in 1 contract

Sources: Credit Agreement (Norcraft Companies, Inc.)

Additional Security. Without notice to or consent of the Mortgagor Mortgagor, and without impairment of the Lien lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, Person additional security for the Secured Obligations. Neither Note; neither the giving hereof of this Mortgage nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, andor, secondfirst, to the security created by this Mortgage Mortgage, or concurrently to both, in any case without affecting the Mortgagee’s Lien lien and rights under this Mortgage.

Appears in 1 contract

Sources: Mortgage, Security Agreement and Assignment of Leases and Rents (TNP Strategic Retail Trust, Inc.)

Additional Security. Without notice to or consent of the Mortgagor Mortgagors and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor Mortgagors shall not be obligated to furnish) from the Mortgagor or from any other Person, Mortgagors additional security for the Secured ObligationsNotes. Neither the giving hereof of this Mortgage nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s 's Lien and rights under this Mortgage.

Appears in 1 contract

Sources: Mortgage Modification, Restatement and Security Agreement (Metropolis Realty Trust Inc)

Additional Security. Without notice to or consent of the Mortgagor Mortgagor, and without impairment of the Lien lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, person additional security for the Secured ObligationsNote at the time outstanding. Neither the giving hereof of this Mortgage nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, andor, secondfirst, to the security created by this Mortgage Mortgage, or concurrently to both, in any case without affecting the Mortgagee’s Lien lien and rights under this Mortgage.

Appears in 1 contract

Sources: Asset Purchase Agreement (Revett Minerals Inc.)

Additional Security. Without notice to or consent of the Mortgagor ------------------- Mortgagor, and without impairment of the Lien security interest and lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, Person additional security for the Secured Obligations. Neither the giving hereof of this Mortgage nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, andor, secondfirst, to the security created by this Mortgage Mortgage, or concurrently to both, in any case without affecting the Mortgagee’s Lien 's lien and rights under this Mortgage.

Appears in 1 contract

Sources: Mortgage (Aristotle Corp)

Additional Security. Without notice to or consent of the Mortgagor and without impairment of the Lien and rights created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Person, additional security for the Secured Obligations. Neither the giving hereof thereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s Lien and rights under this Mortgage.

Appears in 1 contract

Sources: Credit Agreement (Norcraft Companies, Inc.)

Additional Security. Without notice to or consent of the Mortgagor and without impairment of the Lien mortgage title and rights lien, the assignment and the security interests created by this Mortgage, the Mortgagee may accept (but the Mortgagor shall not be obligated to furnish) from the Mortgagor or from any other Personperson, additional security for the Secured Obligations. Neither the giving hereof nor the acceptance of any such additional security shall prevent the Mortgagee from resorting, first, to such additional security, and, second, to the security created by this Mortgage without affecting the Mortgagee’s Lien and rights under this Mortgage.

Appears in 1 contract

Sources: Mortgage Modification Agreement (New Enterprise Stone & Lime Co., Inc.)