Common use of Holder to be Notified Clause in Contracts

Holder to be Notified. The provisions of this Article shall be incorporated into the relevant deed of trust or mortgage evidencing each Security Financing Interest to the extent deemed necessary by, and in form and substance reasonably satisfactorily to the County, or shall be acknowledged by the holder of a Security Financing Interest prior to its coming into any security right or interest in the Property.

Appears in 1 contract

Samples: Disposition and Development Agreement

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Holder to be Notified. The provisions of this Article shall be incorporated into the relevant deed of trust or mortgage evidencing each Security Financing Interest to the extent deemed necessary by, and in form and substance reasonably satisfactorily to the County, or shall be acknowledged by the holder of a Security Financing Interest prior to its coming into any security right or interest in the Property.Property.β€Œ

Appears in 1 contract

Samples: Land Disposition, Development and Loan Agreement

Holder to be Notified. The provisions of this Article shall be incorporated into the relevant deed of trust or mortgage evidencing each Security Financing Interest to the extent deemed necessary by, and in form and substance reasonably satisfactorily to the CountyCity, or shall be acknowledged by the holder of a Security Financing Interest prior to its coming into any security right or interest in the Residential Property.

Appears in 1 contract

Samples: Disposition, Development and Loan Agreement

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Holder to be Notified. The provisions of this Article 9 shall be incorporated into the relevant deed of trust or mortgage evidencing each Security Financing Interest to the extent deemed necessary by, and in form and substance reasonably satisfactorily to the CountyCity, or shall be acknowledged by the holder of a Security Financing Interest prior to its coming into any security right or interest in the Property.

Appears in 1 contract

Samples: Disposition and Development Agreement

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