Common use of Grant of Security Interest by Transferee Clause in Contracts

Grant of Security Interest by Transferee. The Tenant will cause any Transferee and any new Indemnifier of this Lease to grant a mortgage, charge and security interest to the Landlord in form corresponding to the Security Interest granted in Section 15.25 by delivery of a written security agreement in form and substance satisfactory to the Landlord prior to the effective date of the Transfer. The Tenant shall pay all costs associated with the granting and perfection of mortgages, charges and security interests granted pursuant to this Lease upon any Transfer.

Grant of Security Interest by Transferee. The Tenant will cause any Transferee and any new Indemnifier indemnifier of this Lease to grant a mortgage, charge and security interest to the Landlord in form corresponding to the Security Interest interest granted in Section 15.25 by delivery of a written security agreement in form and substance satisfactory to the Landlord prior to the effective date of the Transfer. The Tenant shall pay all au costs associated with the granting and perfection of mortgages, charges and security interests granted pursuant to this Lease upon any Transfer.

Grant of Security Interest by Transferee. The Tenant will cause any Transferee and any new Indemnifier of this Lease to grant a mortgage, charge and security interest to the Landlord in form corresponding to the Security Interest granted in Section 15.25 15.23 by delivery of a written security agreement in form and substance satisfactory to the Landlord prior to the effective date of the Transfer. The Tenant shall pay all costs associated with the granting and perfection of mortgages, charges and security interests granted pursuant to this Lease upon any Transfer.