Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations owing or which may become owing by Mortgagor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit shall be and be deemed to be applied first to the portion of the Extensions of Credit that are not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 4 contracts
Samples: Credit Agreement (Sprague Resources LP), Credit Agreement (Sprague Resources LP), Credit Agreement (Sprague Resources LP)
Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 4 contracts
Samples: Credit Agreement (Delek US Holdings, Inc.), Credit Agreement (Delek US Holdings, Inc.), Credit Agreement (Delek US Holdings, Inc.)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 3 contracts
Samples: Credit Agreement (Servicemaster Co), Revolving Credit Agreement (Servicemaster Co), Credit Agreement (Hertz Corp)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]5
Appears in 3 contracts
Samples: Second Lien Credit Agreement (Mauser Group B.V.), First Lien Credit Agreement (Mauser Group B.V.), Credit Agreement (Nci Building Systems Inc)
Last Dollars Secured; Priority. To the extent that this Mortgage This Deed of Trust secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor the Grantor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage Deed of Trust shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage Deed of Trust until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 3 contracts
Samples: Credit Agreement (Hertz Corp), Deed of Trust (Hertz Corp), Deed of Trust (Hertz Corp)
Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 3 contracts
Samples: Credit Agreement (Metavante Technologies, Inc.), Credit Agreement (Readers Digest Association Inc), Assignment and Assumption Agreement (Libbey Inc)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ ' intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 3 contracts
Samples: Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Empire Resorts Inc), Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Empire Resorts Inc), Credit Agreement (Werner Holding Co Inc /Pa/)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit the Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]3
Appears in 2 contracts
Samples: Credit Agreement (Hd Supply, Inc.), Abl Credit Agreement (Hd Supply, Inc.)
Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations indebtedness owing or which that may become be owing by Mortgagor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of secured by the lien and security title of this Mortgage until such lien the secured amount shall equal the principal amount of the Obligations outstanding.
Appears in 2 contracts
Samples: Abl Credit Agreement (Community Health Systems Inc), Fourth Amendment and Restatement Agreement (Community Health Systems Inc)
Last Dollars Secured; Priority. To the extent that this Mortgage Deed of Trust secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor Grantor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage Deed of Trust shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage Deed of Trust until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 2 contracts
Samples: Revolving Facility Credit Agreement (Fender Musical Instruments Corp), Term Facility Credit Agreement (Fender Musical Instruments Corp)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit the Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]8
Appears in 2 contracts
Samples: Collateral Agreement (Hd Supply, Inc.), Collateral Agreement (Hd Supply, Inc.)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.](5)
Appears in 2 contracts
Samples: First Lien Credit Agreement (Us LBM Holdings, Inc.), Second Lien Credit Agreement (Us LBM Holdings, Inc.)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by Mortgagor the Grantor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]5
Appears in 2 contracts
Samples: Second Lien Credit Agreement (Atkore International Group Inc.), First Lien Credit Agreement (Atkore International Group Inc.)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 2 contracts
Samples: Indenture (Cellu Tissue Holdings, Inc.), Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Daramic, LLC)
Last Dollars Secured; Priority. To the extent that this Mortgage Deed of Trust secures only a portion of the Obligations indebtedness owing or which that may become be owing by Mortgagor Grantor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage Deed of Trust shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of secured by the lien and security title of this Mortgage Deed of Trust until such lien the secured amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Samples: Credit Agreement (Health Management Associates Inc)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by Mortgagor the Grantor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]3
Appears in 1 contract
Samples: Collateral Agreement (Unistrut International Holdings, LLC)
Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations owing or which may become owing by Mortgagor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit shall be and be deemed to be applied first to the portion of the Extensions of Credit that are not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such lien amount shall equal the principal amount of the Obligations outstanding. • Receipt of Copy. The Mortgagor acknowledges that it has received a true copy of this Mortgage.
Appears in 1 contract
Samples: Credit Agreement
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.](70)
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstandingoutstanding.]12 12 To be included in mortgages for states with a mortgage recording tax, to the extent required.
Appears in 1 contract
Samples: Second Lien Credit Agreement (PharMEDium Healthcare Holdings, Inc.)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ ' intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by Mortgagor the Grantor to the Secured Parties, the Lenders. The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]3
Appears in 1 contract
Samples: Credit Agreement (Unistrut International Holdings, LLC)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]9
Appears in 1 contract
Samples: Term Loan Credit Agreement (Nci Building Systems Inc)
Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations Table of Contents shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.](4)
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this Mortgage Deed of Trust secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor Grantor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage Deed of Trust shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage Deed of Trust until such lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit the Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.](28)
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ ' intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.2
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this Mortgage This Deed of Trust secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor Grantor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage Deed of Trust shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage Deed of Trust until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Samples: Deed of Trust (Daramic, LLC)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]4
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations indebtedness owing or which that may become be owing by Mortgagor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]20
Appears in 1 contract
Samples: First Lien Credit Agreement (PharMEDium Healthcare Holdings, Inc.)
Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstandingObligations.
Appears in 1 contract
Samples: Credit Agreement (Domtar CORP)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit the Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]22
Appears in 1 contract
Samples: Abl Credit Agreement (Veritiv Corp)
Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations indebtedness owing or which that may become be owing by Mortgagor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Secured Obligations, it is expressly agreed that any repayments of the principal amount of the Secured Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Secured Obligations outstanding.
Appears in 1 contract
Samples: Credit Agreement (Health Management Associates Inc)
Last Dollars Secured; Priority. To the extent that this Mortgage This Deed of Trust secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor Grantor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ ' intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage Deed of Trust shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage Deed of Trust until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this Mortgage This Deed of Trust secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor Grantor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage Deed of Trust shall secure less than all of the principal amount of the Secured Obligations, it is expressly agreed that any repayments of the principal amount of the Secured Obligations shall not reduce the amount of the lien of this Mortgage Deed of Trust until such the lien amount shall equal the principal amount of the Secured Obligations outstanding.
Appears in 1 contract
Samples: Deed of Trust (Gannett Co., Inc.)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.9
Appears in 1 contract
Samples: Notes Collateral Agreement (Cornerstone Building Brands, Inc.)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit the Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Samples: Credit Agreement (Hertz Corp)
Last Dollars Secured; Priority. To the extent that this Mortgage This Security Deed secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor the Grantor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ ' intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage Security Deed shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien lien, security title or security interest of this Mortgage Security Deed until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ ' intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this Mortgage Deed of Trust secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor Grantor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage Deed of Trust shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations 1 To be replaced with “[Intentionally Omitted]” for any owned real property shall not reduce the amount of the lien of this Mortgage Deed of Trust until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Samples: Credit Agreement (Dave & Buster's Entertainment, Inc.)
Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.. Table of Contents
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor Mortgagors to the Secured PartiesMortgagee, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit the Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.](6)
Appears in 1 contract
Samples: Credit Agreement (Herc Holdings Inc)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit the Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]7
Appears in 1 contract
Samples: Abl Credit Agreement (Veritiv Corp)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor Xxxxxxxxx to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Secured Obligations, it is expressly agreed that any repayments of the principal amount of the Secured Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Secured Obligations outstanding.
Appears in 1 contract
Samples: Mortgage (Gannett Co., Inc.)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.](3)
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this Mortgage This Deed secures only a portion of the Obligations indebtedness owing or which may become owing by Mortgagor the Grantor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage Deed shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage Deed until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this Mortgage Deed of Trust secures only a portion of the Obligations indebtedness owing or which that may become be owing by Mortgagor Grantor to the Secured Parties, the parties agree that any payments or repayments of any Extensions of Credit such indebtedness shall be and be deemed to be applied first to the portion of the Extensions of Credit indebtedness that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit indebtedness last remaining unpaid shall be secured hereby. If at any time this Mortgage Deed of Trust shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage Deed of Trust until such the lien amount shall equal the principal amount of the Obligations outstanding.
Appears in 1 contract
Samples: Credit Agreement (Energy Future Intermediate Holding CO LLC)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]22
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit the Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.](7)
Appears in 1 contract
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit the Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]52
Appears in 1 contract
Samples: Abl Credit Agreement (Veritiv Corp)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]10
Appears in 1 contract
Samples: Term Loan Guarantee and Collateral Agreement (Cornerstone Building Brands, Inc.)
Last Dollars Secured; Priority. To the extent that this This Mortgage secures only a portion of the Obligations owing or which may become owing by the Mortgagor to the Secured Parties, the . The parties agree that any payments or repayments of any Extensions of Credit such Obligations shall be and be deemed to be applied first to the portion of the Extensions of Credit Obligations that are is not secured hereby, it being the parties’ intent that the portion of the Extensions of Credit Obligations last remaining unpaid shall be secured hereby. If at any time this Mortgage shall secure less than all of the principal amount of the Obligations, it is expressly agreed that any repayments of the principal amount of the Obligations shall not reduce the amount of the lien of this Mortgage until such the lien amount shall equal the principal amount of the Obligations outstanding.outstanding.]34
Appears in 1 contract
Samples: Second Lien Credit and Guaranty Agreement (Lannett Co Inc)
