Mortgage Covenants Sample Clauses

Mortgage Covenants ensure that the Borrower always comply with all the covenants provided for in the Mortgage registered over the Vessel;

Mortgage Covenants. The Borrower shall perform all covenants by it to be performed under the Mortgage and any supplemental mortgage.

Mortgage Covenants. In addition to warranties otherwise set out in this Security Instrument, the grant of the mortgage described in this Security Instrument is made with warranty covenants as set out in NMSA 1978, § 47-1-40.

Mortgage Covenants. Covenants of the VIRL. From the date of this agreement and thereafter until the indebtedness is paid in full:

Mortgage Covenants. This Mortgage is granted with mortgage covenants (upon the “statutory mortgage condition” for the breach of which this Mortgage is subject to foreclosure in accordance with New Mexico law). All covenants in this Mortgage are a part of the “statutory mortgage condition.” To the extent that the incorporated terms of the “statutory mortgage condition” as set forth in ▇▇▇▇ ▇▇▇▇, Section 47-1-41, conflict with the express terms of this Mortgage, the express terms of this Mortgage shall prevail and control.

Mortgage Covenants. Borrower and Guarantor shall comply with all of the terms and conditions and covenants in the Security Instruments, the Environmental Indemnity and the other Loan Documents.

Mortgage Covenants. Mortgagor hereby covenants with Mortgagee that Mortgagor is the true, sole and lawful owner of the Premises, is lawfully seized and possessed of the same in fee simple and has good right, full power and lawful authority to grant, bargain, sell and convey the Premises in manner aforesaid; that Mortgagee shall at all times hereafter, by virtue of these presents, lawfully, peaceably and quietly have and enjoy the Premises; that the same are free from all encumbrances, excepting only the mortgage granted by Mortgagor to

Mortgage Covenants. 35 SECTION 10.2. Statutory Conditions...................................... 35 SECTION 10.3. No Waiver................................................. 36 SECTION 10.4. Written Agreement......................................... 36 SECTION 10.5. Open-End Mortgage......................................... 36 SECTION 10.6. Information Under Uniform Commercial Code................. 36 SECTION 10.7. Notice Pursuant to 18-A M.R.S.A. (S) 5-508................ 37 SECTION 10.8 Authority of Wexford Management, LLC...................... 38 EXHIBITS EXHIBIT A - DESCRIPTION OF LAND EXHIBIT B - MATERIAL AGREEMENTS EXHIBIT C - PERMITTED ENCUMBRANCES EXHIBIT D - INFORMATION FOR FINANCING STATEMENTS MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF RENTS AND LEASES AND FIXTURE FILING MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF RENTS AND LEASES AND FIXTURE FILING (this "Mortgage"), dated as of February 25, 1999, is given by -------- WAHLCO ENGINEERED PRODUCTS INC., a Maine corporation (together with its successors and permitted assigns, "Mortgagor"), to WEXFORD MANAGEMENT LLC, a --------- Connecticut limited liability company (together with its successors and permitted assigns, the "Agent"), and to each of the Lenders (as hereinafter ----- defined).

Mortgage Covenants. Borrower shall, for the benefit of the Administrative Agent and the Lenders, comply with all covenants contained in the Mortgage.