Common use of Additional Security Clause in Contracts

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

Appears in 8 contracts

Samples: Security Agreement and Fixture (Blue Steel Capital Corp), Security Agreement and Fixture (Blue Steel Capital Corp), Security Agreement (General Automation Inc/Il)

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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 or PersonsPerson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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 7 contracts

Samples: Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.), Security Agreement (Listerhill Total Maintenance Center 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 Person or Personsperson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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 6 contracts

Samples: Credit Agreement (Valvoline Inc), Credit Agreement (Ashland Inc.), Collateral 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 or Personsperson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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 6 contracts

Samples: Credit Agreement (Novelis Inc.), Security Agreement (Novelis Inc.), Security 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 Person or PersonsPerson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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 5 contracts

Samples: Credit Agreement (Ionics Inc), Taxes and Certain Statutory (Trump Indiana Inc), Security Agreement (Trump Indiana 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 or PersonsPerson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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 3 contracts

Samples: Security Agreement (Raceland Truck Plaza & Casino LLC), Security Agreement (Raceland Truck Plaza & Casino LLC), Security Agreement (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 Person or PersonsPerson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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 3 contracts

Samples: Security Agreement (Applied Power Inc), Taxes and Certain Statutory (Raceland Truck Plaza & Casino LLC), Security Agreement (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 or PersonsPerson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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.. ARTICLE XIV

Appears in 2 contracts

Samples: 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 Person or PersonsPerson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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 2 contracts

Samples: Security Agreement (Raceland Truck Plaza & Casino LLC), Security Agreement (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 Person or Personsperson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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 2 contracts

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

Additional Security. Without notice to or consent of Mortgagor Mortgagor, ------------------- and without impairment of the Lien lien and rights created by this Mortgage, Mortgagee may accept (but Mortgagor shall not be obligated to furnish) from Mortgagor or from any other Person or Persons, person additional security for the Secured ObligationsNotes at the time outstanding. Neither the giving of this Mortgage nor the acceptance of any such additional security shall prevent 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 Mortgagee's Lien lien and rights under this Mortgage.

Appears in 1 contract

Samples: Extension and Modification Agreement (Boston Properties Inc)

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

Appears in 1 contract

Samples: Mortgage, Security Agreement (TNP Strategic Retail Trust, Inc.)

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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 Mortgagor the Mortgagor, Agency, or from any other Person or Personsperson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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 1 contract

Samples: Security Agreement (Gsi Group Inc)

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

Appears in 1 contract

Samples: Crested Corp

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

Appears in 1 contract

Samples: Restatement and Security Agreement (Metropolis Realty Trust 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 or PersonsPerson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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 ’s Lien and rights under this Mortgage.

Appears in 1 contract

Samples: Security Agreement (Norcraft Companies, Inc.)

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

Appears in 1 contract

Samples: Mortgage, Security Agreement (Urban Shopping Centers Inc)

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

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Revett Minerals 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 Person or Personsperson, additional security for the Secured Obligations. Neither the giving of this Mortgage 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 1 contract

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

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