Common use of Agents of Mortgagee Clause in Contracts

Agents of Mortgagee. Wherever and whenever herein any right, power or authority is granted or given to the Mortgagee, such right, power and authority may be exercised in all cases by the Mortgagee through such agent or agents or official or officials as it or they may appoint or authorize, and the act or acts of such agent or agents or official or officials when taken shall constitute the act of the Mortgagee.

Appears in 3 contracts

Samples: Danielson Holding Corp, Danielson Holding Corp, Danielson Holding Corp

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Agents of Mortgagee. Wherever and whenever herein any right, power or authority is granted or given to the Mortgagee, such right, power and authority may be exercised in all cases by the Mortgagee through such agent or agents or official or officials as it or they the Mortgagee may appoint or authorize, and the act or acts of such agent or agents or official or officials when taken shall constitute the act of the Mortgagee.

Appears in 1 contract

Samples: Security Agreement (Jeffboat LLC)

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Agents of Mortgagee. Wherever and whenever herein any right, power or authority is granted or given to the Mortgagee, such right, power and authority may be exercised in all cases by the Mortgagee through or such agent or agents or official or officials as it or they may appoint or authorize, and the act or acts of such agent or agents or official or officials when taken shall constitute the act of the Mortgagee.

Appears in 1 contract

Samples: First Preferred Mortgage (Lady Luck Gaming Corp)

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