Common use of Mortgages and Deeds of Trust Clause in Contracts

Mortgages and Deeds of Trust. The mortgages and deeds of trust encumbering the Company’s properties are not convertible into equity and neither the Company nor any of its subsidiaries holds a participating interest therein and said mortgages and deeds of trust are not cross-defaulted or cross-collateralized to any property not owned by the Company or its subsidiaries.

Appears in 4 contracts

Samples: Underwriting Agreement (Home Properties Inc), Underwriting Agreement (Home Properties Inc), Atm Equity Offering Sales Agreement (Home Properties Inc)

AutoNDA by SimpleDocs

Mortgages and Deeds of Trust. The mortgages and deeds of trust encumbering the Company’s properties Portfolio Properties are not convertible into equity and neither the Company nor any of its subsidiaries holds a participating interest therein and said mortgages and deeds of trust are not cross-defaulted or cross-collateralized to any property not owned by the Company or its subsidiaries.

Appears in 3 contracts

Samples: Atm Equity Offering Sales Agreement (Home Properties Inc), Atm Equity Offering Sales Agreement (Home Properties Inc), Atm Equity Offering Sales Agreement (Home Properties Inc)

AutoNDA by SimpleDocs

Mortgages and Deeds of Trust. The mortgages and deeds of trust encumbering the Company’s properties real property owned by the Company and its Subsidiaries are not convertible into debt or equity and neither securities of the Company, nor does the Company nor any of its subsidiaries holds hold a participating interest therein therein, and said such mortgages and deeds of trust are not cross-defaulted or cross-collateralized to any property not owned directly or indirectly by the Company or its subsidiariesSubsidiaries.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Wheeler Real Estate Investment Trust, Inc.), Securities Purchase Agreement (Wheeler Real Estate Investment Trust, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!