Mortgagee. Upon WTC giving any notice in accordance with Section 11.1, Mortgagee shall (if and so long as such citizenship is necessary under the Act as in effect at such time or, if it is not necessary, if and so long as Mortgagee's citizenship could have any adverse effect on Owner, or any Note Holder), subject to Section 9.02 of the Trust Indenture, resign as Mortgagee promptly upon its ceasing to be such a citizen.
Mortgagee. The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.
Mortgagee. The holder of any note or obligation secured by a mortgage, deed of trust, security interest or title retention interest affecting the Building or the Land, including, without limitation, lessors under ground leases, sale-leasebacks and lease-leasebacks.
Mortgagee. The lessor under any present and future ground or underlying lease of the Property and the holder of any mortgage, deed to secure debt or trust deed now or hereafter in force against the Property or the Building.
Mortgagee. A holder of a mortgage or a beneficiary of a deed of trust.
Mortgagee. An insured loss will be payable to the mortgagee(s) named on the Declarations Page, to the extent of their interest and in their order of precedence. All provisions of this policy apply to these mortgagees. We will protect the mortgagee’s interest in an insured building or structure in the event of an increase in hazard, intentional or criminal acts of any of you, neglect by any of you to take all reasonable steps to save and pre- serve property after an insured loss, a change in ownership, or foreclosure if the mortgagee has no knowledge of these conditions. The mortgagee will:
a. Furnish proof of loss within 60 days after notice of the loss if any of you fail to do so.
b. Pay upon demand any premium due if any of you fail to do so.
c. Notify us of any change of ownership or occupancy or any increase in hazard of which the mortgagee has knowledge.
d. Give us the mortgagee’s right of recovery against any party liable for loss.
e. After a loss, and at our option, permit us to satisfy the mortgage requirements and receive full transfer of the mortgage. This mortgagee interest provision will apply to any trustee named in this policy.
Mortgagee. The holder of a Mortgage.
Mortgagee. As the mortgagee, by virtue of a mortgage or mortgages, is the holder of the legal title to the lands which are the subject of this development agreement (or is the holder of an interest in the equity of redemption), the Mortgagee is hereby executing this agreement to give effect thereto and for the purpose of ensuring that the agreement applies to the Property. PROVIDED NEVERTHELESS the Mortgagee shall not, by reason only of its execution of this agreement, be obligated to fulfill the obligations of the Property Owners herein. For greater certainty, the parties agree that the Mortgagee is deemed to be an owner of the Property which is subject to the Agreement for the purposes of Section 234 of the Municipal Government Act, S.N.S. 1998, Chapter 8 as amended. Witness Signature Witness Signature
Mortgagee. The term "Mortgagee" shall be deemed to include General Electric Capital Corporation and any of its successors and assigns, including anyone who shall have succeeded to Lessor's interest in and to the Lease and the Project by, through or under judicial foreclosure or sale under any power or other proceedings brought pursuant to the Mortgage, or deed in lieu of such foreclosure or proceedings, or otherwise.
Mortgagee. Any mortgagee, trustee or other holder of a Mortgage.
