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 and Security Agreement (Efj Inc), Revolving Line of Credit Loan Agreement and Security Agreement (Spectrum Sciences & Software Holdings Corp), Loan and Security Agreement (Essex 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: Credit Loan Agreement and Security Agreement (Student Advantage Inc), Term Loans Agreement and Security Agreement (On Site Sourcing Inc)

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