Modification or Termination. The Loan Documents may only be modified or terminated by a written instrument or instruments executed by the party against which enforcement of the modification or termination is asserted. Any alleged modification or termination which is not so documented shall not be effective as to any party. Grantor agrees that it shall be bound by any modification of this Mortgage or any of the other Loan Documents made by Noteholder and any subsequent owner of the Mortgaged Property, with or without notice to or consent of Grantor, and no such modification shall impair the obligations of Grantor under this Mortgage or under any other Loan Document.
Appears in 2 contracts
Samples: Deed of Trust, Security Agreement and Assignment of Rents and Leases (International Isotopes Inc), Deed of Trust, Security Agreement and Assignment of Rents and Leases (Newmark Homes Corp)
Modification or Termination. The Loan Documents may only be modified or terminated by a written instrument or instruments executed by the party against which enforcement of the modification or termination is asserted. Any alleged modification or termination which is not so documented shall not be effective as to any party. Grantor agrees that it shall be bound by any modification of this Mortgage or any of the other Loan Documents made by Noteholder the Collateral Agent and any subsequent owner of the Mortgaged Property, with or without notice to or consent of Grantor, and no such modification shall impair the obligations of Grantor under this Mortgage or under any other Loan Document.
Appears in 1 contract
Samples: Term Loan and Revolving Credit Facility Agreement (Stolt Nielsen S A)
Modification or Termination. The Loan Documents may only be modified or terminated by a written instrument or instruments executed by the party against which enforcement of the modification or termination is asserted. Any alleged modification or termination which that is not so documented shall not be effective as to any party. Grantor Trustor agrees that it shall be bound by any modification of this Mortgage Deed of Trust or any of the other Loan Documents made by Noteholder Lender and any subsequent owner of the Mortgaged Property, with or without notice to or consent of GrantorTrustor, and no such modification shall impair the obligations of Grantor Trustor under this Mortgage Deed of Trust or under any other Loan Document.
Appears in 1 contract
Samples: Deed of Trust (Netreit, Inc.)
Modification or Termination. The Loan Documents may only be modified or terminated by a written instrument or instruments executed by the party against which enforcement of the modification or termination is asserted. Any alleged modification or termination which is not so documented shall not be effective as to any party. Grantor Xxxxxxx agrees that it shall be bound by any modification of this Mortgage or any of the other Loan Documents made by Noteholder and any subsequent owner of the Mortgaged Property, with or without notice to or consent of Grantor, and no such modification shall impair the obligations of Grantor under this Mortgage or under any other Loan Document.
Appears in 1 contract
Modification or Termination. The Loan Documents may only be modified or terminated by a written instrument or instruments executed by the party against which enforcement of the modification or termination is asserted. Any alleged modification or termination which is not so documented shall not be effective as to any party. Grantor agrees that it shall be bound by any modification of this Mortgage Deed of Trust or any of the other Loan Documents made by Noteholder the Collateral Agent and any subsequent owner of the Mortgaged Property, with or without notice to or consent of Grantor, and no such modification shall impair the obligations of Grantor under this Mortgage Deed of Trust or under any other Loan Document.
Appears in 1 contract
Samples: Term Loan and Revolving Credit Facility Agreement (Stolt Nielsen S A)
