Last Dollar Sample Clauses

Last Dollar. The lien of this Deed of Trust shall remain in effect until the last dollar of Borrower's Liabilities is paid in full and all obligations of the Beneficiaries under each of the Loan Agreements have been terminated.

Last Dollar. So long as the balance of the Guaranteed Obligations under the Credit Agreement exceeds the portion of the Guaranteed Obligations secured by this Mortgage, any payments, prepayments and repayments of the Guaranteed Obligations shall not be deemed to be applied against, or to reduce, the portion of the Guaranteed Obligations secured by this Mortgage. Such payments, prepayments and repayments shall instead be deemed to reduce only such portions of the Guaranteed Obligations as are not secured by this Mortgage.

Last Dollar. The lien of this Mortgage shall remain in effect until the last dollar of the Secured Liabilities is paid in full and all obligations of Lender under the Loan Agreement have been terminated.

Last Dollar. The portion of the Debt secured by this Mortgage shall be reduced only by the last and final sums that Mortgagor repays with respect to the Loan and shall not be reduced by any intervening repayments of the Loan by Xxxxxxxxx, except as may otherwise be permitted or required herein or in the Purchase Agreement.

Last Dollar. So long as the balance of the Obligations exceeds the portion of the Obligations secured by this Mortgage, no payment on account of the Obligations shall be deemed to be applied against or to reduce the portion of the Obligations secured by this Mortgage, but shall, instead, be deemed to be applied against only such portions of the Obligations that are not secured by this Mortgage.

Last Dollar. The Second Priority Obligations secured by this Deed shall be reduced only by the last and final sums that Grantor repays with respect to the Loans and shall not be reduced by any intervening repayments of the Loans by Grantor, except as may otherwise be permitted herein. Such intervening payments shall instead be deemed to reduce only such portions of the Second Priority Obligations as are not secured by this Deed. As of the date of recording of this Deed, the outstanding principal balance of the Loans exceeds the amount of the maximum principal amount secured by this Deed, so that the maximum principal amount secured by this Deed represents only a portion of the Second Priority Obligations actually outstanding. 26.

Last Dollar. 30 Section 8.21 Defense of Claims............................................................ 30 Section 8.22

Last Dollar. Unless otherwise elected by Lender in its sole discretion, any recovery by Lender with respect to the obligations under any Loan Document or otherwise (other than from Guarantor pursuant to this Limited Joinder) (including, without limitation, the amount of any credit bid successfully made by Lender or any credit to Borrower in any deed-in-lieu of foreclosure or similar transaction) shall be applied in the following order. (i) first, to the discharge of that portion of the obligations under the Loan Documents which is not guaranteed by Guarantor pursuant to this Limited Joinder; and (ii) second, to the discharge of the remaining portion of such obligations. Executed as of December 3, 2012. GUARANTOR: TRADE STREET RESIDENTIAL, INC., a Maryland corporation, formerly known as Xxxxxxx Mall Properties, Inc. By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Its: COO/CFO Signature Page to Joinder A PARCEL OF LAND LOCATED IN SECTION 00, XXXXXXXX 00 XXXXX, XXXXX 29 EAST, CITY OF ORLANDO, ORANGE COUNTY, FLORIDA, BEING A PORTION OF XXX 0, XXXXXXXX XXXX X, XXXXXXXXX TO THE PLAT THEREOF RECORDED IN PLAT BOOK 44, PAGES 108-110 OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGIN AT THE SOUTHEAST CORNER OF XXX 0, XXX XXXX XX XXXXXXXX, XXXXXXXXX TO THE PLAT THEREOF RECORDED IN PLAT BOOK 51, PAGES 150-152 OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA; THENCE WITH THE EAST LINE OF SAID LOT 1, THE FOLLOWING THREE (3) COURSES: 1) N13°11'48"W, A DISTANCE OF 773.55 FEET TO A POINT OF CURVATURE; 2) NORTHWESTERLY WITH THE ARC OF A CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 40.00 FEET, A CENTRAL ANGLE OF 32°55'46" AND A CHORD BEARING AND DISTANCE OF N29°39'41"W, 22.67 FEET) FOR AN ARC DISTANCE OF 22.99 FEET; 3) N13°33'32"E, A DISTANCE OF 37.08 FEET TO THE CENTERLINE OF EASTGATE DRIVE (A VARIABLE-WIDTH PRIVATE ACCESS EASEMENT); THENCE WITH SAID CENTERLINE THE FOLLOWING TWO (2) COURSES: 1) S76°26'28"E, A DISTANCE OF 393.97 FEET TO A POINT OF CURVATURE; 2) SOUTHEASTERLY WITH THE ARC OF A CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 269.00 FEET, A CENTRAL ANGLE OF 9°20'18" AND A CHORD BEARING AND DISTANCE OF S81°06'37"E, 43.79 FEET) FOR AN ARC DISTANCE OF 43.84 FEET; THENCE THROUGH XXXX XXX 0, X00°00'00"X, A DISTANCE OF 597.86 FEET TO THE NORTH LINE OF TRACT E OF SAID MILLENIA UNIT I; THENCE WITH SAID NORTH LINE, THE FOLLOWING THREE (3) COURSES: 1) S57°32'21"W, A DISTANCE OF 81.13 FEET TO A POINT OF CURVATURE; 2) SOUTHWESTERLY WITH THE ...

Last Dollar. Unless earlier released or reconveyed in accordance with the provisions of the Indenture, the lien of this Deed of Trust shall remain in effect until the last dollar of the Notes are paid in full and all obligations of Beneficiary and Issuer under the Indenture have been terminated.

Last Dollar. This instrument secures only a portion of the Indebtedness owing or which may become owing by Mortgagor to Mortgagee. The parties agree that any payments or repayments of such indebtedness by the Mortgagor shall be deemed to apply first to the portion of the Indebtedness that is not secured hereby, it being the parties’ intent that the portion of the Indebtedness last remaining unpaid shall be deemed secured hereby.