Mortgage and Promissory Note Sample Clauses

Mortgage and Promissory Note. As security for Developer’ payment obligations under this Amendment, Developer shall execute the promissory note substantially in the form of Exhibit 2 attached hereto, and Co-signer shall execute the guaranty substantially in the form of Exhibit 3. Developer shall also cause the appropriate parties to execute the mortgage substantially in the form of Exhibit 4 and the deed of trust substantially in the form of Exhibit 5.
Sample 1
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Mortgage and Promissory Note. In connection herewith, Company shall execute and deliver to Xxxxxx Bridge a $244,400 Promissory Note. As security for this $244.400.00 Promissory Note and as additional security for the Obligations, WEATHERWISE USA, INC., a Delaware corporation shall execute and deliver to Xxxxxx Capital and Xxxxxx Bridge an Open-End Mortgage, Assignment of Rents and Security Agreement (the “Mortgage”) pertaining to the property located at 00 Xxxxx 00xx Xxxxxx, Xxxxxxxxxx, XX, 00000 along with such other documents and agreements required by Xxxxxx Capital or Xxxxxx Bridge and pertaining to such property as Xxxxxx Capital or Xxxxxx Bridge shall from time to time require. Company shall cause the Mortgage to be recorded in the appropriate public office, and to furnish Xxxxxx Capital and Xxxxxx Bridge, at Company’s expense, a title insurance policy or binder, in an amount acceptable to Xxxxxx Capital and Xxxxxx Bridge, issued by a title insurance company acceptable to Xxxxxx Capital and Xxxxxx Bridge, showing the mortgage to be a valid first lien on the fee simple title to the property, subject to current year's taxes, and to such exceptions as shall be acceptable to the Xxxxxx Capital. In addition Company shall deliver to or cause to be delivered to Xxxxxx Capital and Xxxxxx Bridge i) all leases affecting the property along with estoppel certificates and attornment agreements acceptable to Xxxxxx Capital and Xxxxxx Bridge executed by all tenants of the property, and ii) all other documents and agreements from time to time required by the title insurance company pertaining to the Mortgage. Exhibit "D" Agreement (the "Agreement") made this 29th day of July, 2011, between MIDAS MEDICI GROUP HOLDINGS, INC., a Delaware corporation, with an office for the transac­tion of business at 000 Xxxx Xxxxxx 00xx Xxxxx, Xxx Xxxx, XX, 00000, STRATEGIC TECHNOLOGIES, INC., a North Carolina corporation, with an office for the transac­tion of business at 000 Xxxxxxx Xxxxx, Cary, NC, 27511 known or trading as "Consonus" and "Strategic Technology" (hereinafter jointly, severally and collectively the "Company"), and CONSONUS TECHNOLOGIES, INC., a Delaware corporation, with an office for the transaction of business at 000 Xxxxxxx Xxxxx, Cary, NC, 27511, (hereinafter the “Accommodation Company”) and XXX­XXX CAPITAL COR­PORATION, an Alabama corporation with offices for the transac­tion of business located at 000 Xxxxxxx Xxxxxx, XX, XX, 00000; 00 Xxxxx Xxxxxx – Xxxxxxxx X, Xxxxxxxxxx, XX 00000; and 000...
Sample 1

Related to Mortgage and Promissory Note

  • Promissory Note The Promissory Note is enclosed. The Chief Financial Officer is required to sign it and return it to the OPWC Loan Officer, Xxxxx XxXxxx. It is preferable that you scan and email it to her at Xxxxx.XxXxxx@xxx.xxxxx.xx.xx but may also mail it to the address on our letterhead. Only use one method.

  • Promissory Notes Any Lender may request that Loans made by it be evidenced by a promissory note. In such event, the Borrower shall prepare, execute and deliver to such Lender a promissory note payable to such Lender (or, if requested by such Lender, to such Lender and its permitted registered assigns) and in a form attached hereto as Exhibit C. Thereafter, the Loans evidenced by such promissory note and interest thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by one or more promissory notes in such form payable to the payee named therein (or, if such promissory note is a registered note, to such payee and its permitted registered assigns).

  • Loan Agreements Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent, the Collateral Custodian nor any securities intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower to the Collateral Agent, of any Loan Asset in the nature of a loan or a participation in a loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Loan Agreements, or otherwise to examine the Loan Agreements, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Custodian shall hold any Instrument delivered to it evidencing any Loan Asset granted to the Collateral Agent hereunder as custodial agent for the Collateral Agent in accordance with the terms of this Agreement.

  • Pledge and Security Agreement The security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Security Agent for the Secured Parties pursuant to the Pledge and Security Agreement, and the Grantors hereby acknowledge and affirm that the rights and remedies of the Security Agent with respect to the security interest in the Copyright Collateral made and granted hereby are more fully set forth in the Pledge and Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Agreement is deemed to conflict with the Pledge and Security Agreement, the provisions of the Pledge and Security Agreement shall control.

  • Security Instrument Borrower will execute the Security Instrument dated of even date with this Loan Agreement. The Security Instrument will be recorded in the applicable land records in the Property Jurisdiction.

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

  • Security Instruments (i) The Administrative Agent shall fail to have an Acceptable Security Interest in any portion of the Collateral or (ii) any Security Instrument shall at any time and for any reason cease to create the Lien on the Property purported to be subject to such agreement in accordance with the terms of such agreement, or cease to be in full force and effect, or shall be contested by the Borrower, any Guarantor or any of their respective Subsidiaries;

  • Secured Promissory Notes The Term Loans shall be evidenced by a Secured Promissory Note or Notes in the form attached as Exhibit D hereto (each a “Secured Promissory Note”), and shall be repayable as set forth in this Agreement. Borrower irrevocably authorizes each Lender to make or cause to be made, on or about the Funding Date of any Term Loan or at the time of receipt of any payment of principal on such Lender’s Secured Promissory Note, an appropriate notation on such Lender’s Secured Promissory Note Record reflecting the making of such Term Loan or (as the case may be) the receipt of such payment. The outstanding amount of each Term Loan set forth on such Lender’s Secured Promissory Note Record shall be prima facie evidence of the principal amount thereof owing and unpaid to such Lender, but the failure to record, or any error in so recording, any such amount on such Lender’s Secured Promissory Note Record shall not limit or otherwise affect the obligations of Borrower under any Secured Promissory Note or any other Loan Document to make payments of principal of or interest on any Secured Promissory Note when due. Upon receipt of an affidavit of an officer of a Lender as to the loss, theft, destruction, or mutilation of its Secured Promissory Note, Borrower shall issue, in lieu thereof, a replacement Secured Promissory Note in the same principal amount thereof and of like tenor.

  • Repurchase Agreements With respect to all agreements pursuant to which the Company or any of its Subsidiaries has purchased securities subject to an agreement to resell, if any, the Company or any of its Subsidiaries, as the case may be, has a valid, perfected first lien or security interest in the government securities or other collateral securing the repurchase agreement, and, as of the date hereof, the value of such collateral equals or exceeds the amount of the debt secured thereby.

  • Lease Agreements 13.1 The Customer shall provide FPL a copy of the lease agreement, as applicable, for any and all leased interconnection equipment. 13.2 The Customer shall not enter into any lease agreement that results in the retail purchase of electricity; or the retail sale of electricity from the Customer-owned renewable generation. Notwithstanding this restriction, in the event it is determined by the Florida Public Service Commission that the Customer has entered such an agreement, the Customer shall be in breach of this Interconnection Agreement and the lessor may become subject to the jurisdiction and regulations of the Florida Public Service Commission as a public utility.

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