Common use of Liability of Borrower Clause in Contracts

Liability of Borrower. 20 ARTICLE X CHANGE IN OWNERSHIP, CONVEYANCE OF PROPERTY........................................................21 Section 10.01 TRANSFER OF PROPERTY, CHANGE IN OWNERSHIP AND COMPOSITION.............................21 Section 10.02 DEFEASANCE............................................................................25 Section 10.03 RELEASES AND SUBSTITUTIONS OF PROPERTY................................................27 Section 10.04 PROHIBITION ON SUBORDINATE FINANCING..................................................30 Section 10.05 [INTENTIONALLY DELETED]...............................................................30

Appears in 1 contract

Samples: Mortgage, Security Agreement and Fixture Filing (Florida East Coast Industries Inc)

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Liability of Borrower. 20 ARTICLE X CHANGE IN OWNERSHIP, CONVEYANCE OF PROPERTY..................................................................................................21 Section 10.01 TRANSFER OF PROPERTY, CHANGE IN OWNERSHIP AND COMPOSITION............................................21 Section 10.02 DEFEASANCE..........................................................................................................................................25 Section 10.03 RELEASES AND SUBSTITUTIONS OF PROPERTY..................................................................................27 Section 10.04 PROHIBITION ON SUBORDINATE FINANCING......................................................................................30 Section 10.05 [INTENTIONALLY DELETED]................................................................................................................30

Appears in 1 contract

Samples: Florida East Coast Industries Inc

Liability of Borrower. 20 19 ARTICLE X CHANGE IN OWNERSHIP, CONVEYANCE OF PROPERTY........................................................21 ..............................................20 Section 10.01 TRANSFER OF PROPERTY, CHANGE IN OWNERSHIP AND COMPOSITION.............................21 ...........20 Section 10.02 DEFEASANCE............................................................................25 ..........................................................24 Section 10.03 RELEASES AND SUBSTITUTIONS OF PROPERTY................................................27 ..............................26 Section 10.04 PROHIBITION ON SUBORDINATE FINANCING..................................................30 ................................28 Section 10.05 [INTENTIONALLY DELETED]...............................................................30.............................................28

Appears in 1 contract

Samples: Mortgage, Security Agreement (Florida East Coast Industries Inc)

Liability of Borrower. 20 ARTICLE X CHANGE IN OWNERSHIP, CONVEYANCE OF PROPERTY.................................................................................................21 Section 10.01 TRANSFER OF PROPERTY, CHANGE IN OWNERSHIP AND COMPOSITION...........................................21 Section 10.02 DEFEASANCE.........................................................................................................................................25 Section 10.03 RELEASES AND SUBSTITUTIONS OF PROPERTY.................................................................................27 Section 10.04 PROHIBITION ON SUBORDINATE FINANCING.....................................................................................30 Section 10.05 [INTENTIONALLY DELETED]...............................................................................................................30

Appears in 1 contract

Samples: Mortgage, Security Agreement and Fixture Filing (Florida East Coast Industries Inc)

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Liability of Borrower. 20 19 ARTICLE X CHANGE IN OWNERSHIP, CONVEYANCE OF PROPERTY........................................................21 ........................................................ 20 Section 10.01 TRANSFER OF PROPERTY, CHANGE IN OWNERSHIP AND COMPOSITION.............................21 ............................. 20 Section 10.02 DEFEASANCE............................................................................25 ............................................................................ 24 Section 10.03 RELEASES AND SUBSTITUTIONS OF PROPERTY................................................27 ................................................ 26 Section 10.04 PROHIBITION ON SUBORDINATE FINANCING..................................................30 .................................................. 28 Section 10.05 [INTENTIONALLY DELETED]...............................................................30DELETED]............................................................... 28

Appears in 1 contract

Samples: Florida East Coast Industries Inc

Liability of Borrower. 20 ARTICLE X CHANGE IN OWNERSHIP, CONVEYANCE OF PROPERTY..............................................................................................21 Section 10.01 TRANSFER OF PROPERTY, CHANGE IN OWNERSHIP AND COMPOSITION........................................21 Section 10.02 DEFEASANCE......................................................................................................................................25 Section 10.03 RELEASES AND SUBSTITUTIONS OF PROPERTY..............................................................................27 Section 10.04 PROHIBITION ON SUBORDINATE FINANCING..................................................................................30 Section 10.05 [INTENTIONALLY DELETED]............................................................................................................30

Appears in 1 contract

Samples: Florida East Coast Industries Inc

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