Grantee Lender Protections Sample Clauses

Grantee Lender Protections. A. Grantee, shall have the right, without Grantor’s consent, at any time and from time to time, on such terms and conditions as Grantee shall determine in its sole discretion, to enter into one (1) or more mortgages, financing agreements, security agreements or other similar agreements (any such agreement, individually or collectively, the “Mortgage”) with one or more lenders or mortgagees of Xxxxxxx’s sole choosing (individually or collectively, including any administrative agent or collateral agent appointed thereby, the “Lender”), and further shall have the right to in any way encumber, securitize, collateralize, pledge and/or assign: (i) Grantee’s interest in the Easement; (ii) any interest provided to Grantee under this Grant; (iii) any equity interests in Grantee, including its membership or equity interests; and/or (iv) any other Grantee asset. In addition, without Xxxxxxx’s consent, and in Xxxxxxx’s sole discretion, Grantee may also pledge or assign this Grant to the Lender as security and/or collateral.
Sample 1
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Related to Grantee Lender Protections

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • Definitions For purposes of this Agreement:

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