Delivery of Loan Documents Title Insurance Reports Leases. (a) Mortgage, Assignment of Leases. Lender shall have received from Borrower fully executed and acknowledged counterparts of the Mortgage and the Assignment of Leases and evidence that counterparts of the Mortgage and Assignment of Leases have been delivered to the Title Company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the Property, of the requisite priority, in favor of Lender or Lender’s nominee (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of the other Loan Documents.
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Samples: Building Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust)
Delivery of Loan Documents Title Insurance Reports Leases. (a) MortgageMortgages, Assignment Assignments of Leases, Assignments of Agreements. Lender shall have received from Borrower fully executed and acknowledged counterparts of the Mortgage Mortgages and the Assignment Assignments of Leases relating to each of the Properties and evidence that counterparts of the Mortgage Mortgages and Assignment Assignments of Leases have been delivered to the Title Company title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the Propertysuch Properties, of the requisite priority, in favor of Lender or Lender’s nominee (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of the other Loan Documents.
Appears in 3 contracts
Samples: Loan Agreement (Equity Inns Inc), Loan Agreement (Equity Inns Inc), Loan Agreement (Equity Inns Inc)
Delivery of Loan Documents Title Insurance Reports Leases. (a) Mortgage, Assignment of Leases. Lender shall have received from Borrower Borrowers fully executed and acknowledged counterparts of the Mortgage and the Assignment of Leases and evidence that counterparts of the Mortgage and the Assignment of Leases have been delivered to the Title Company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the PropertyProperties, of the requisite priority, in favor of Lender or Lender’s nominee (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower Borrowers fully executed counterparts of the other Loan Documents.
Appears in 3 contracts
Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc)
Delivery of Loan Documents Title Insurance Reports Leases. (a) Mortgage, Assignment of Leases. Lender shall have received from Borrower Borrowers fully executed and acknowledged counterparts of the Mortgage and the Assignment of Leases and evidence that counterparts of the Mortgage and Assignment of Leases have been delivered to the Title Company title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the PropertyProperties, of the requisite priority, in favor of Lender or Lender’s nominee (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower Borrowers fully executed counterparts of the other Loan Documents.
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Delivery of Loan Documents Title Insurance Reports Leases. (ai) MortgageMortgages, Assignment Assignments of Leases. Lender shall have received from each Individual Borrower fully executed and acknowledged counterparts of the Mortgage Mortgages and the Assignment Assignments of Leases relating to its respective Individual Properties and evidence that counterparts of the Mortgage Mortgages and Assignment Assignments of Leases have been delivered to the Title Company title company for recording, in the reasonable judgment of Lender, recording so as to effectively create upon such recording recording, valid and enforceable Liens upon the Propertysuch Properties, of the requisite priority, in favor of Lender or Lender’s nominee (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from each Individual Borrower fully executed counterparts of the other Loan DocumentsEnvironmental Indemnification Agreement, and the Assignment of Management Agreement relating to its respective Individual Properties.
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Delivery of Loan Documents Title Insurance Reports Leases. (a) MortgageMortgages, Assignment Assignments of Leases. Lender shall have received from Borrower fully executed and acknowledged counterparts of the Mortgage Mortgages and the Assignment Assignments of Leases and evidence that counterparts of the Mortgage Mortgages and Assignment Assignments of Leases have been delivered to the Title Company title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the each Individual Property, of the requisite priority, in favor of Lender or Lender’s nominee (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of the other Loan Documents.
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Delivery of Loan Documents Title Insurance Reports Leases. (a) MortgageMORTGAGE, Assignment of LeasesASSIGNMENT OF LEASES. Lender shall have received from Borrower fully executed and acknowledged counterparts of the Mortgage and the Assignment of Leases and evidence that counterparts of the Mortgage and Assignment of Leases have been delivered to the Title Company title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the Property, of the requisite priority, in favor of Lender or Lender’s nominee (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of the other Loan Documents.
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Delivery of Loan Documents Title Insurance Reports Leases. (a) Mortgage, Assignment Mortgages; Assignments of Leases. Lender shall have received from Borrower fully executed and acknowledged counterparts of the Mortgage Mortgages and the Assignment Assignments of Leases and evidence that counterparts of the Mortgage Mortgages and Assignment Assignments of Leases have been delivered to the Title Company title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the each Individual Property, of the requisite priority, in favor of Lender or Lender’s nominee (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan DocumentsEncumbrances. Lender shall have also received from Borrower fully executed counterparts of the other Loan DocumentsEnvironmental Indemnity and the Cash Management Agreement.
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Delivery of Loan Documents Title Insurance Reports Leases. (a) Mortgage, Assignment of Leases. Lender shall have received from Borrower fully executed and acknowledged counterparts of the Mortgage and the Assignment of Leases and evidence that counterparts of the Mortgage and Assignment of Leases have been delivered to the Title Company title company for recording, in the reasonable judgment of Lender, so as to effectively create upon such recording valid and enforceable Liens upon the Property, of the requisite priority, in favor of Lender or Lender’s nominee (or such other trustee as may be required or desired under local law), subject only to the Permitted Encumbrances and such other Liens as are permitted pursuant to the Loan Documents. Lender shall have also received from Borrower fully executed counterparts of the other Loan Documents.
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Samples: Loan Agreement (Fairchild Corp)