Consolidation with Other Mortgages Sample Clauses

Consolidation with Other Mortgages. The Lender is entitled to treat this Mortgage as one with any other mortgages given now or in the future by the Borrower to the Lender, so that the Lender can require that the requirements of all such mortgages, and this Mortgage, have to be satisfied in full before the Lender will be obligated to give a discharge of any of those mortgages or this Mortgage.
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Consolidation with Other Mortgages. ‌ The Bank’s right of consolidation applies to the Charge and to any other mortgages given by the Borrower to the Bank. The Bank is entitled to treat this Charge as one with any other mortgages given now or in the future by the Borrower to the Bank, so that the Bank can require that the requirements of all such mortgages, and this Charge, must be satisfied in full before the Bank will be obligated to give a discharge of any of those mortgages or this Charge.
Consolidation with Other Mortgages. ‌ The Bank’s right of consolidation applies to the Charge and to any other mortgages given by the Borrower to the Bank, but is subject nonetheless to the provisions of Section 60 of this set of mortgage covenants. Subject to the provisions of Section 60 of this set of mortgage covenants, the Bank is entitled to treat this Charge as one with any other mortgages given now or in the future by the Borrower to the Bank, so that the Bank can require that the requirements of all such mortgages, and this Charge, must be satisfied in full before the Bank will be obligated to give a discharge of any of those mortgages or this Charge.

Related to Consolidation with Other Mortgages

  • Compliance with Other Instruments The execution, delivery and performance by the Purchaser of this Agreement and the consummation by the Purchaser of the transactions contemplated by this Agreement will not result in any violation or default (i) of any provisions of its organizational documents, (ii) of any instrument, judgment, order, writ or decree to which it is a party or by which it is bound, (iii) under any note, indenture or mortgage to which it is a party or by which it is bound, (iv) under any lease, agreement, contract or purchase order to which it is a party or by which it is bound or (v) of any provision of federal or state statute, rule or regulation applicable to the Purchaser, in each case (other than clause (i)), which would have a material adverse effect on the Purchaser or its ability to consummate the transactions contemplated by this Agreement.

  • Execution of Other Documents The parties shall cooperate fully in the execution of any other documents and in the completion of any other acts that may be necessary or appropriate to give full force and effect to this Agreement.

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