Common use of Landlord and Mortgagee Waivers Clause in Contracts

Landlord and Mortgagee Waivers. The Lender shall have received such landlord and mortgagee waivers as it shall request with respect to any of the Borrower’s landlords or mortgagees which could claim an interest in any Collateral as a remedy for a default under any lease, mortgage or deed of trust.

Appears in 3 contracts

Samples: Revolving Line of Credit Loan Agreement (Efj Inc), Revolving Line of Credit Loan and Security Agreement (Essex Corp), Revolving Line of Credit Loan Agreement (Spectrum Sciences & Software Holdings Corp)

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Landlord and Mortgagee Waivers. The Lender shall have received such landlord and mortgagee waivers as it shall request with respect to any of the Borrower’s 's landlords or mortgagees which could claim an interest in any Collateral as a remedy for a default under any lease, mortgage or deed of trust.

Appears in 2 contracts

Samples: Revolving Line of Credit Loan Agreement (Student Advantage Inc), Revolving Line of Credit Loan Agreement, Term Loans Agreement and Security Agreement (On Site Sourcing Inc)

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