Amendments to Mortgages Sample Clauses
The "Amendments to Mortgages" clause defines the process and conditions under which changes can be made to the terms of an existing mortgage agreement. Typically, this clause outlines who must consent to amendments, the form such amendments must take (such as requiring written documentation), and any limitations on what aspects of the mortgage can be altered. For example, it may specify that both lender and borrower must agree in writing to modify the interest rate or repayment schedule. The core function of this clause is to ensure that any changes to the mortgage are clearly documented and mutually agreed upon, thereby preventing disputes and maintaining the integrity of the original agreement.
Amendments to Mortgages. Upon any such assignment or participation, the Borrower and the Guarantors shall, upon the request of the Agent, enter into such documents as may be reasonably required by the Agent to modify the Loan Documents to reflect such assignment or participation.
Amendments to Mortgages. Amendments to the Mortgages to and for the benefit of the Bank on each of the Mortgaged Premises, executed by Borrower or the Subsidiary of Borrower which is the record fee owner of such Mortgaged Premises, in form and substance acceptable to the Bank, conforming each such Mortgage to the terms of this Agreement.
Amendments to Mortgages. An amendment to each existing Mortgage.
Amendments to Mortgages. The applicable Loan Parties shall have executed and delivered to the Agent an amendment to Mortgage for each existing Mortgage in form and substance satisfactory to the Agent.
Amendments to Mortgages. With respect to those Mortgages previously delivered to the Agent in connection with the Existing Credit Agreement, amendments to Mortgages in form and substance satisfactory to the Agent.
Amendments to Mortgages. The Administrative Agent shall have received duly executed amendments to each of the mortgages and deeds of trust set forth on Exhibit E to the Credit Agreement, in form and substance satisfactory to the Administrative Agent (the “Mortgage Amendments”).
Amendments to Mortgages. On the Closing Date, each Open-End Mortgage and Security Agreement dated as of April 13, 1995 (collectively, the "Existing Mortgages"), made by the Company or ▇▇▇▇▇/▇▇▇▇▇▇ ▇▇▇▇▇▇ Construction, Inc., as applicable, in favor of the Bank and relating to the Real Property is amended by a First Amendment to Open-End Mortgage and Security Agreement dated as of the Closing Date (each, a "Mortgage Amendment") made between the Company or ▇▇▇▇▇/▇▇▇▇▇▇ ▇▇▇▇▇▇ Construction, Inc., as applicable, and the Bank substantially in the form of Exhibit B to this Amendment.
Amendments to Mortgages. The Administrative Agent shall have received, with respect to each of the Mortgages for each Mortgage Secured Borrowing Base Property, to the extent deemed reasonably necessary by the Administrative Agent to reflect the Revolving Offered Increase Amount or as required by the Title Insurance Company to provide title insurance pursuant to Section 5.1(q) of the Credit Agreement, an amendment to such Mortgage executed and delivered by a duly authorized officer of the relevant Loan Party.
Amendments to Mortgages. The Administrative Agent shall have received counterparts of all amendments to Mortgages previously delivered pursuant to Section 5.1.14 of the Credit Agreement (as such Mortgages may have been amended or otherwise modified prior to the Fourth Amendment Effective Date), dated as of (or a date reasonably near to) the Fourth Amendment Effective Date, duly executed by the appropriate Obligor, each such amendment (together in each case with an endorsement to the applicable title insurance policy) in form and substance satisfactory to the Administrative Agent, as the Administrative Agent may require.
Amendments to Mortgages. In connection with this Amendment, Borrower shall also enter into the First Amendment to Ohio Mortgage and First Amendment to South Carolina Mortgage in favor of Lender substantially in the form of Exhibit A and Exhibit B, respectively, attached hereto.