Concerning the Mortgagee. (a) The provisions of Article 7 of the Credit Agreement shall inure to the benefit of the Mortgagee in respect of this Mortgage and shall be binding upon the parties to the Credit Agreement in such respect. In furtherance and not in derogation of the rights, privileges and immunities of the Mortgagee therein set forth:
Appears in 2 contracts
Samples: Credit Agreement (Tekni Plex Inc), Credit Agreement (Tekni Plex Inc)
Concerning the Mortgagee. (a) The provisions of Article 7 VIII of the Credit Agreement shall inure to the benefit of the Mortgagee in respect of this Mortgage (as if the Mortgagee was an Administrative Agent referred to therein) and shall be binding upon the parties to the Credit Agreement in such respectAgreement. In furtherance and not in derogation of the rights, privileges and immunities of the Mortgagee therein set forth:
Appears in 2 contracts
Samples: Security Agreement and Fixture Filing (Xerox Corp), Xerox Corp
