Common use of Liability of Borrower Clause in Contracts

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

Appears in 1 contract

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

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

Appears in 1 contract

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

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

Appears in 1 contract

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

Liability of Borrower. 19 20 ARTICLE X CHANGE IN OWNERSHIP, CONVEYANCE OF PROPERTY..............................................20 ......................................21 Section 10.01 TRANSFER OF PROPERTY, CHANGE IN OWNERSHIP AND COMPOSITION...........20 21 Section 10.02 DEFEASANCE..........................................................24 25 Section 10.03 RELEASES AND SUBSTITUTIONS OF PROPERTY..............................26 27 Section 10.04 PROHIBITION ON SUBORDINATE FINANCING................................28 30 Section 10.05 [INTENTIONALLY DELETED].............................................2830

Appears in 1 contract

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

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

Appears in 1 contract

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

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

Appears in 1 contract

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

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