Common use of Mortgage of Lease Clause in Contracts

Mortgage of Lease. The restrictions on Transfer as aforesaid shall apply, mutatis mutandis, to any assigning, subletting, mortgaging, charging or otherwise transferring of the Premises or this Lease for the purpose of securing any loan or the repayment thereof by Tenant.

Appears in 4 contracts

Samples: Lease Agreement (SMTC Corp), Lease Agreement (Dura Products International Inc), Lease Agreement (SMTC Corp)

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Mortgage of Lease. The restrictions on Transfer as aforesaid shall apply, mutatis mutandis, apply to any assigning, subletting, mortgaging, charging or otherwise transferring of the Premises or this Lease for the purpose of securing any loan or the repayment thereof by obligation of Tenant.

Appears in 1 contract

Samples: Standard Building Lease (OccuLogix, Inc.)

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Mortgage of Lease. The restrictions on Transfer as aforesaid shall apply, mutatis mutandis, apply to any assigning, subletting, mortgaging, charging or otherwise transferring of the Leased Premises or this Lease for the purpose of securing any loan or obligation of the repayment thereof by Tenant.

Appears in 1 contract

Samples: Lease Agreement (Chalk Media Corp)

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