Common use of Effect of Judgment Clause in Contracts

Effect of Judgment. The obtaining of any judgment by Mortgagee and any levy of any execution under any judgment upon the Property shall not affect in any manner or to any extent the Lien of this Mortgage upon the Property or any part thereof, or any Liens, powers, rights and remedies of Mortgagee hereunder, but such Liens, powers, rights and remedies shall continue unimpaired as before until the judgment or levy is satisfied.

Appears in 4 contracts

Samples: Credit Agreement (Mirant North America, LLC), Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement and Fixture Filing (Akorn Inc), Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement and Fixture Filing (Akorn Inc)

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Effect of Judgment. The obtaining of any judgment by Leasehold Mortgagee and any levy of any execution under any judgment upon the Property shall not affect in any manner or to any extent the Lien of this Leasehold Mortgage upon the Property or any part thereof, or any Liens, powers, rights and remedies of Leasehold Mortgagee hereunder, but such Liens, powers, rights and remedies shall continue unimpaired as before until the judgment or levy is satisfied.

Appears in 2 contracts

Samples: Leasehold Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement and Fixture Filing (Greenville Tube CO), Leasehold Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement and Fixture Filing

Effect of Judgment. The obtaining of any judgment by Mortgagee and any levy of any execution under any judgment upon the Property shall not affect in any manner or to any extent the Lien of this Second Mortgage upon the Property or any part thereof, or any Liens, powers, rights and remedies of Mortgagee hereunder, but such Liens, powers, rights and remedies shall continue unimpaired as before until the judgment or levy is satisfied.

Appears in 2 contracts

Samples: Open End Correction Second Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement and Fixture Filing (Playtex Sales & Services Inc), Open End Correction Second Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement and Fixture Filing (Playtex Sales & Services Inc)

Effect of Judgment. The obtaining of any judgment by Mortgagee Beneficiary and any levy of any execution under any judgment upon the Property shall not affect in any manner or to any extent the Lien of this Mortgage Deed of Trust upon the Property or any part thereof, or any Liens, powers, rights and remedies of Mortgagee Beneficiary hereunder, but such Liens, powers, rights and remedies shall continue unimpaired as before until the judgment or levy is satisfied.

Appears in 1 contract

Samples: Credit Agreement (Orbimage Inc)

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Effect of Judgment. The obtaining of any judgment by Mortgagee and any levy of any execution under any judgment upon the Mortgaged Property shall not affect in any manner or to any extent the Lien of lien and security interest created by this Mortgage in or upon the Mortgaged Property or any part thereof, or any Liensliens, powers, rights and remedies of Mortgagee hereunder, but such Liensliens, powers, rights and remedies shall continue unimpaired as before until the judgment or levy is satisfied.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Delta Air Lines Inc /De/)

Effect of Judgment. The obtaining of any judgment by Mortgagee Xxxxxxxxx and any levy of any execution under any judgment upon the Property shall not affect in any manner or to any extent the Lien of this Second Mortgage upon the Property or any part thereof, or any Liens, powers, rights and remedies of Mortgagee hereunder, but such LiensXxxxx, powers, rights and remedies shall continue unimpaired as before until the judgment or levy is satisfied.

Appears in 1 contract

Samples: Correction Second Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement and Fixture Filing (Playtex Sales & Services Inc)

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