Common use of Mortgage of Acquired Properties Clause in Contracts

Mortgage of Acquired Properties. The Borrower shall have mortgaged the Properties acquired by the Future Acquisition Documents to the Administrative Agent pursuant to the terms of one or more Mortgages. In connection therewith, the Administrative Agent shall have received evidence satisfactory to it that all liens against such Properties have been released or terminated and that arrangements satisfactory to the Administrative Agent have been made for recording and filing of such releases.

Mortgage of Acquired Properties. The Borrower Acquiring Entity shall have mortgaged the Properties acquired by the Future Acquisition Documents to the Administrative Agent for the ratable benefit of the Secured Parties pursuant to the terms of one or more Mortgagesoil and gas mortgages. In connection therewith, the Administrative Agent shall have received evidence satisfactory to it that all liens Liens against such Properties have been released or terminated and that arrangements satisfactory to the Administrative Agent have been made for recording and filing of such releases.

Mortgage of Acquired Properties. The Borrower Acquiring Entity shall have mortgaged the Properties acquired by the Future Acquisition Documents to the Administrative Agent pursuant to the terms of one or more Mortgagesoil and gas mortgages. In connection therewith, the Administrative Agent shall have received evidence satisfactory to it that all liens against such Properties have been released or terminated and that arrangements satisfactory to the Administrative Agent have been made for recording and filing of such releases.

Mortgage of Acquired Properties. The Borrower Borrowers shall have mortgaged the Properties properties acquired by the Future Acquisition Documents to the Administrative Agent Lender pursuant to the terms of one or more Oil and Gas Mortgages. In connection therewith, the Administrative Agent shall have received evidence satisfactory to it that all liens against such Properties properties have been released or terminated and that arrangements satisfactory to the Administrative Agent have been made for recording and filing of such releases.