Common use of Release of and Resort to Collateral Clause in Contracts

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 28 contracts

Sources: Credit Agreement (Five Star Senior Living Inc.), Credit Agreement, Second Lien Credit Agreement (Syniverse Holdings Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Credit Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 16 contracts

Sources: Open End Mortgage Deed, Security Agreement, Assignment of Rents and Leases and Fixture Filing, Credit and Guaranty Agreement (TerraForm Power, Inc.), Credit and Guaranty Agreement (Bright Horizons Family Solutions Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or a consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest interests created in or evidenced by the Loan Documents or their status stature as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 5 contracts

Sources: Open End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (NorthStar Healthcare Income, Inc.), Credit Agreement (Uap Holding Corp), Open End Mortgage (Cedar Income Fund LTD /Md/)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents Term Note or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 5 contracts

Sources: Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Credit Agreement (Hersha Hospitality Trust), Term Loan Agreement (Hersha Hospitality Trust)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest interests created in or evidenced by the Loan Documents or their status stature as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 5 contracts

Sources: Mortgage (Millrose Properties, Inc.), Mortgage (Millrose Properties, Inc.), Mortgage (Millrose Properties, Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest interests created in or evidenced by the Loan Documents or their status stature as a first and prior lien and security interest in and to the remaining Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 5 contracts

Sources: Amendment and Restatement Agreement (KAR Auction Services, Inc.), Credit Agreement (Auto Disposal of Memphis, Inc.), Credit Agreement (Regal Cinemas Corp)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Credit Agreement and the other Credit Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 5 contracts

Sources: Mortgage, Security Agreement, Assignment of Rents and Leases (Pantry Inc), Mortgage Agreement (Pantry Inc), Mortgage, Security Agreement, Assignment of Rents and Leases (Pantry Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Security Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 4 contracts

Sources: Indenture (Titan International Inc), Indenture (Titan International Inc), Indenture (Titan International Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Credit Agreement Documents or their status as a first and prior the lien priority and security interest in and to the Mortgaged Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 4 contracts

Sources: Credit Agreement (Presidio, Inc.), Asset Based Revolving Credit Agreement (DS Services of America, Inc.), First Lien Credit Agreement (DS Services of America, Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior priority lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 4 contracts

Sources: First Lien Credit Agreement (Endeavor Group Holdings, Inc.), First Lien Credit Agreement (Endeavor Group Holdings, Inc.), Term Loan Credit and Guaranty Agreement (Fairmount Santrol Holdings Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior lien and security interest in and priority with respect to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 4 contracts

Sources: Credit Agreement (Revlon Inc /De/), Term Credit Agreement (Revlon Inc /De/), Term Credit Agreement (Revlon Inc /De/)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, except to the extent such notice or consent may not be waived under applicable law, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents this Mortgage or their its status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 4 contracts

Sources: Asset Purchase Agreement (Armstrong Coal Company, Inc.), Asset Purchase Agreement (Armstrong Energy, Inc.), Asset Purchase Agreement (Armstrong Energy, Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien Lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien Lien or security interest created in or evidenced by the Loan Credit Documents or their status as a first and prior lien Lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 4 contracts

Sources: Credit Agreement (Chiquita Brands International Inc), Credit Agreement (Chiquita Brands International Inc), Credit Agreement (Chiquita Brands International Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Credit Agreement Documents or their status as a first and prior any Other First Lien Agreement or the lien priority and security interest in and to the Mortgaged Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 3 contracts

Sources: First Lien Credit Agreement (Cec Entertainment Inc), First Lien Credit Agreement (ADT, Inc.), Incremental Assumption and Amendment Agreement (Rexnord Corp)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien Lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien Lien or security interest created in or evidenced by the any applicable Loan Documents or their status as a first and prior lien priority Lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 3 contracts

Sources: Credit Agreement (CAESARS ENTERTAINMENT Corp), First Lien Credit Agreement (Vici Properties Inc.), First Lien Credit Agreement (CAESARS ENTERTAINMENT Corp)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Financing Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 3 contracts

Sources: Credit Agreement (Alliance Resource Partners Lp), Credit Agreement (Alliance Holdings GP, L.P.), Credit Agreement

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents this Mortgage or their its status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessSecured Debt, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 3 contracts

Sources: Revolving Credit Facility (CNX Midstream Partners LP), Revolving Credit Facility (CNX Resources Corp), Revolving Credit Facility (CNX Coal Resources LP)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Financing Documents or their status stature as a first and prior lien Lien and security interest in and to the remaining Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 2 contracts

Sources: Indenture (Edgen Group Inc.), Indenture (Edgen Murray II, L.P.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, all or any part portion of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by this Mortgage or the Loan Documents or their status as a first and prior priority of its lien and security interest interests created hereby in and to the Mortgaged Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 2 contracts

Sources: Put Option Agreement, Securities Purchase Agreement

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Credit Documents or their status as a first and prior the lien priority and security interest in and to the Mortgaged Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 2 contracts

Sources: Senior Secured Term Loan Agreement (Verso Corp), Credit Agreement (Verso Paper Holdings LLC)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment and performance of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 2 contracts

Sources: Credit Agreement (Hexcel Corp /De/), Credit Agreement (Hexcel Corp /De/)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien Lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien Lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior lien First Priority Lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 2 contracts

Sources: Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 2 contracts

Sources: Abl Credit Agreement (Noranda Aluminum Holding CORP), Credit Agreement (Noranda Aluminum Holding CORP)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents hereby or their its status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 2 contracts

Sources: Open Ended Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing (Central Illinois Public Service Co), Open Ended Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing (Central Illinois Public Service Co)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Credit Documents or their status as a first and prior priority lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 2 contracts

Sources: Mortgaged Properties Schedule (Dollar General Corp), Credit Agreement (First Data Corp)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest interests created in or evidenced by the Loan Documents or their status stature as a first and prior priority lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.. 

Appears in 1 contract

Sources: Mortgage, Security Agreement, Assignment of Leases and Rents and Fixture Filing (Green Plains Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior lien First Priority Lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Credit Agreement (DMW Worldwide Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien Lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest Lien created in or evidenced by the Loan Documents or their status as a first and prior lien and security interest Lien in and to the Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Mortgage, Assignment of Rents and Leases, Security Agreement and Fixture Filing (Acura Pharmaceuticals, Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Propertyconsideration, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien Lien or security interest created in or evidenced by the Loan Documents this Mortgage or their status its stature as a first and prior lien Lien and security interest (subject to Permitted Encumbrances) in and to the Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security therefor held by Mortgagee in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Mortgage, Leasehold Mortgage, Security Agreement, Assignment of Leases and Rents, Fixture Filing, and Financing Statement (HWCC Shreveport Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Note Documents or their status as a first and prior second lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Mortgage, Assignment of Rents and Leases, and Security Agreement (Interdent Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Financing Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Indenture (Easton-Bell Sports, Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by this Mortgage or the Loan other Collateral Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Credit Agreement (Dynegy Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged NY\5639439.6 Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (PVH Corp. /De/)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Note Documents or their status as a first and prior priority lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security therefor granted by M▇▇▇▇▇▇▇▇, Issuer or any Subsidiary Guarantor in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Senior Secured Notes Agreement (Office Properties Income Trust)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Credit Documents or their status as a first and prior second priority lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Second Lien Credit and Guaranty Agreement (Lannett Co Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on and the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior lien and security interest holder in and to the Mortgaged Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Credit Agreement (Ugi Corp /Pa/)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Credit Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Grifols Germany GmbH)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Mortgage, Assignment of Rents and Leases, Security Agreement and Fixture Filing (Dixie Group Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest interests created in or evidenced by the Loan Documents or their status stature as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Loan Agreement (Acadia Realty Trust)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents Term Note or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.. Exh. G-2-33

Appears in 1 contract

Sources: Term Loan Agreement (Hersha Hospitality Trust)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Secured Property, any part of the Mortgaged Secured Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest interests created in or evidenced by the Loan Documents or their status stature as a first and prior lien and security interest in and to the Mortgaged Secured Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Mortgage Agreement (Arrived Homes, LLC)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.. Dresser Form of Mortgage

Appears in 1 contract

Sources: Credit Agreement (Dresser Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way anyway impairing, affecting, subordinating or releasing the lien or security interest interests created in or evidenced by the Loan Documents or their status stature as a first and prior lien and security interest in and to the remaining Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing for Commercial Purposes (IAA Acquisition Corp.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Propertyconsideration, any part of the Mortgaged Property Collateral without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest Lien created in or evidenced by the Loan Documents this Mortgage or their status its stature as a first and prior lien and security interest Lien in and to the Mortgaged PropertyCollateral, and without in any way releasing or diminishing the liability of any Person liable for the repayment of the Indebtedness. For payment of the Indebtedness, Mortgagee may resort to any other security therefor held by the Mortgagee in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Credit Agreement (Riviera Resources, Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior priority lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Credit Agreement (Gentiva Health Services Inc)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest interests created in or evidenced by the Loan Documents or their status stature as a first and prior priority lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Mortgage, Security Agreement, Assignment of Leases and Rents and Financing Statement (Green Plains Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security in such order and manner as Mortgagee may electelect (to the extent not inconsistent with the terms and provisions Loan Documents).

Appears in 1 contract

Sources: Credit Agreement (Tempur Sealy International, Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Documents or their status as a first and prior second priority lien and security interest in and to the Mortgaged Property. For payment of the IndebtednessSecured Obligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Second Lien Collateral Agreement (Endeavor Group Holdings, Inc.)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Note Documents or their status as a first and prior priority lien and security interest in and to the Mortgaged Property. For payment of the Indebtedness, Mortgagee may resort to any other security therefor granted by ▇▇▇▇▇▇▇▇▇, Issuer or any Subsidiary Guarantor in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Senior Secured Notes Agreement (Diversified Healthcare Trust)

Release of and Resort to Collateral. Mortgagee may release, regardless of consideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the lien or security interest created in or evidenced by the Loan Note Documents or their lien status as a first and prior lien and security interest in and to the Mortgaged Property. For payment and performance of the IndebtednessObligations, Mortgagee may resort to any other security in such order and manner as Mortgagee may elect.

Appears in 1 contract

Sources: Open End Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing (GXS Corp)