Holder to be Notified. Developer agrees to use best efforts to ensure that each term contained herein dealing with security financing and rights of holders shall be either inserted into the relevant deed of trust or mortgage or acknowledged and accepted in writing by the holder prior to its creating any security right or interest in the Subject Property or the Improvements.
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Samples: Disposition and Development Agreement, Disposition and Development Agreement
Holder to be Notified. Developer Developer, for itself, its successors and assigns hereby warrants and agrees to use best efforts to ensure that each term contained herein dealing with security financing and rights of holders shall be either inserted into the relevant deed of trust or mortgage or acknowledged and accepted in writing by the holder prior to its creating any security right or interest in the Subject Property or the ImprovementsProperty.
Appears in 1 contract
Samples: Loan Agreement
Holder to be Notified. Developer agrees to use best efforts to ensure that each term contained herein dealing with security financing and rights of holders shall be either inserted into the relevant deed of trust or mortgage or acknowledged and accepted in writing by the holder prior to its creating any security right or interest in the Subject Property or the Improvements.
Appears in 1 contract
