MORTGAGE OR LEASEHOLD INTEREST Sample Clauses

MORTGAGE OR LEASEHOLD INTEREST. Lessee shall have the right to place a First Mortgage Lien upon its hangar only, but not to include the leasehold interest in the ground beneath the hangar. The terms and conditions of such mortgage loan shall be subject to the approval of Lessor. Lender’s duties and rights are as follows:
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MORTGAGE OR LEASEHOLD INTEREST. Lessee shall have the right to place a First Mortgage Lien upon its leasehold interest; the terms and conditions of such mortgage loan shall be subject to the approval of County. Lender’s duties and rights are as follows:
Sample 1
MORTGAGE OR LEASEHOLD INTEREST. Lessee shall have the right to place a First Mortgage Lien upon the hotel and associated facilities only, and may include the leasehold interest, but may not include any lien or other encumbrance on the real property beneath the hotel and associated facilities. The terms and conditions of such mortgage, including the terms of any deed of trust, shall be subject to the approval of the County. Xxxxxx’s duties and rights are as follows:
Sample 1

Related to MORTGAGE OR LEASEHOLD INTEREST

  • Leased Property Upon and subject to the terms and conditions hereinafter set forth, Landlord leases to Tenant and Tenant leases from Landlord all of Landlord's right, title and interest in and to all of the following (collectively, the "Leased Property"):

  • THE PROPERTY The Landlord agrees to lease the described property below to the Tenant: (enter the property information)

  • Pledge, Mortgage or Charge as Collateral for a Loan You may pledge, mortgage or charge your escrow securities to a financial institution as collateral for a loan, provided that no escrow securities or any share certificates or other evidence of escrow securities will be transferred or delivered by the Escrow Agent to the financial institution for this purpose. The loan agreement must provide that the escrow securities will remain in escrow if the lender realizes on the escrow securities to satisfy the loan.

  • Real Property (a) The Company does not own any real property.

  • Lease The Lease Agreement (Federal Express Corporation Trust No. N590FE) dated as of May 1, 1998, as amended and restated as of June 15, 1998, entered into by the Lessor and the Lessee concurrently with the execution and delivery of the Indenture, including, without limitation, supplementation by one or more Lease Supplements entered into pursuant to the applicable provisions of the Lease.

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