Common use of Mortgage of Leasehold Clause in Contracts

Mortgage of Leasehold. Tenant shall have the right to encumber the leasehold estate created by this Lease by a mortgage, deed of trust or other security instrument, including, without limitation, an assignment of the rents, issues and profits from the Premises, (the “Leasehold Mortgage”) to secure repayment of any loan to Tenant, and associated obligations, from any lender (a “Lender”).

Appears in 2 contracts

Samples: Ground Lease, Ground Lease

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Mortgage of Leasehold. Tenant shall have the right to encumber the leasehold estate created by this Lease by a mortgage, deed of trust trust, or other security instrument, including, without limitation, an assignment of the rents, issues and profits from the Premises, (the "Leasehold Mortgage") to secure repayment of any loan to Tenant, and associated obligations, from any lender (a "Lender”)") as to the operations, equipment and facilities of the Tri-Town Water Treatment Plant.

Appears in 1 contract

Samples: Ground Lease

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Mortgage of Leasehold. Tenant shall have the right to encumber the leasehold estate created by this Lease by a mortgage, deed of trust trust, or other security instrument, including, without limitation, an assignment of the rents, issues issues, and profits from the Premises, (the “Leasehold Mortgage”) to secure repayment of any loan to Tenant, and associated obligations, from any lender (a “Lender”).

Appears in 1 contract

Samples: Ground Lease

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