Mortgages Not Prohibited Sample Clauses

Mortgages Not Prohibited. The Town and County acknowledge that the lenders providing Mortgages o2r60o4ther financing secured in any form by a portion of the Property may require certain interpre2t6a0ti5ons of this Agreement and agree upon request, from time to time, to meet with SHS or SH2S6-0A6ssignees and representatives of such lenders to discuss in good faith any such request for in2t6e0rp7retation. The Town and County will not unreasonably withhold their consent to any such re2q6u0e8sted interpretation, provided such interpretation is consistent with the intent and purposes o2f6t0h9is Agreement, and is consistent with the public health, safety, and welfare. Subject to the26fo1r0egoing, any Mortgagee, including without limitation the purchaser at a judicial or non-judicial26fo1r1eclosure sale or a person or entity who obtains title by deed-in-lieu of foreclosure on t2h6e1P2roperty, shall be entitled to the rights and privileges in this Section 15.
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Related to Mortgages Not Prohibited

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