Common use of Mortgages Clause in Contracts

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: (i) Tenant shall obtain a standard form of mortgage clause insuring the interest of the mortgagee; (ii) Tenant shall deliver evidence of insurance to such mortgagee; (iii) loss adjustment shall require the consent of the mortgagee; and (iv) Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 8 contracts

Samples: Lease Agreement (National Healthcare Corp), Lease Agreement (Unison Healthcare Corp), Master Agreement to Lease (Prison Realty Corp)

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Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: ([i) ] Tenant shall obtain a standard form of mortgage lender’s loss payable clause insuring the interest of the mortgagee; ([ii) ] Tenant shall deliver evidence of insurance to such mortgagee; ([iii) ] loss adjustment shall require the consent of the mortgagee; and ([iv) ] Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 7 contracts

Samples: Master Lease Agreement (LifeCare Holdings, Inc.), Master Lease Agreement (Emeritus Corp\wa\), Master Lease Agreement (LifeCare Holdings, Inc.)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: ([i) ] Tenant shall obtain a standard form of mortgage lender's loss payable clause insuring the interest of the mortgagee; ([ii) ] Tenant shall deliver evidence of insurance to such mortgagee; ([iii) ] loss adjustment shall require the consent of the mortgagee; and ([iv) ] Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 7 contracts

Samples: Master Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Just Like Home Inc), Master Lease Agreement (Balanced Care Corp)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: ([i) ] Tenant shall obtain a standard form of mortgage clause insuring the interest of the mortgagee; ([ii) ] Tenant shall deliver evidence of insurance to such mortgagee; ([iii) ] loss adjustment shall require the consent of the mortgagee; and ([iv) ] Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 4 contracts

Samples: Lease Agreement (National Health Investors Inc), Master Operating Lease (National Healthcare Corp), Master Agreement to Lease (National Healthcare Corp)

Mortgages. The following provisions shall apply if Landlord --------- now or hereafter places a mortgage on the any Leased Property or any part thereof: (ia) Tenant shall obtain a standard form of mortgage clause insuring the interest of the mortgagee; (iib) Tenant shall deliver evidence of insurance to such mortgagee; (iiic) loss adjustment shall require the consent of the mortgageemortgagee but such consent shall not be unreasonably withheld and may not include any requirement that the funds be paid to mortgagee in lieu of reconstruction; and (ivd) Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 4 contracts

Samples: Real Property Purchase Agreement (Capital Automotive Reit), Lease Agreement (Capital Automotive Reit), Real Property Purchase Agreement (Capital Automotive Reit)

Mortgages. The following provisions shall apply if Landlord now --------- or hereafter places a mortgage on the any Leased Property or any part thereof: (ia) Tenant shall obtain a standard form of mortgage clause insuring the interest of the mortgagee; (iib) Tenant shall deliver evidence of insurance to such mortgagee; (iiic) loss adjustment shall require the consent of the mortgageemortgagee but such consent shall not be unreasonably withheld and may not include any requirement that the funds be paid to mortgagee in lieu of reconstruction; and (ivd) Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 3 contracts

Samples: Lease Agreement (Capital Automotive Reit), Lease Agreement (Capital Automotive Reit), Lease Agreement (Capital Automotive Reit)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: ([i) ] Tenant shall obtain a standard form of mortgage lender's loss payable clause insuring the interest of the mortgagee; ([ii) ] Tenant shall deliver evidence of insurance to such mortgagee; ([iii) ] loss adjustment of claims in excess of $50,000.00 shall require the consent of the mortgagee, which consent shall not be unreasonably withheld; and ([iv) ] Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 3 contracts

Samples: Master Lease Agreement (Brookdale Senior Living Inc.), Master Lease Agreement (Brookdale Senior Living Inc.), Lease Agreement (Alterra Healthcare Corp)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the any Leased Property or any part thereof: (ia) Tenant shall obtain a standard form of mortgage clause insuring the interest of the mortgagee; (iib) Tenant shall deliver evidence of insurance to such mortgagee; (iiic) loss adjustment shall require the consent of the mortgageemortgagee but such consent shall not be unreasonably withheld and may not include any requirement that the funds be paid to mortgagee in lieu of reconstruction; and (ivd) Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 3 contracts

Samples: Lease Agreement (Capital Automotive Reit), Agreement for Contribution of Interests (Capital Automotive Reit), Lease Agreement (Lithia Motors Inc)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: (i) Tenant shall obtain a standard form of mortgage clause insuring the interest of the mortgagee; (ii) Tenant shall deliver evidence of insurance to such mortgagee; (iii) loss adjustment shall require the consent of the mortgagee; and (iv) Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.and

Appears in 2 contracts

Samples: Master Agreement to Lease (Cca Prison Realty Trust), Master Agreement to Lease (Cca Prison Realty Trust)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: ([i) ] Tenant shall obtain a standard form of mortgage lender’s loss payable clause insuring the interest of the mortgagee; ([ii) ] Tenant shall deliver evidence of insurance to such mortgagee; ([iii) ] loss adjustment shall require the consent of the mortgagee, to the extent required by the applicable loan documentation; and ([iv) ] Tenant shall obtain such other coverages provide, at Landlord’s cost and provide expense, such other information and documents as may be reasonably and rightfully required by the mortgagee.

Appears in 2 contracts

Samples: Master Lease Agreement (Genesis Healthcare, Inc.), Master Lease Agreement (Genesis Healthcare, Inc.)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereofthereof and if requested by Landlord in writing: (i) Tenant shall obtain a standard form of mortgage mortgagee clause insuring the interest of the mortgagee; (ii) Tenant shall deliver evidence of insurance to such mortgagee; and (iii) loss adjustment shall require the consent of the mortgagee; and (iv) Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 1 contract

Samples: Facilities Lease Agreement (Cornell Companies Inc)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: ([i) ] Tenant shall obtain a standard form of mortgage lender's loss payable clause insuring the interest of the mortgagee; ([ii) ] Tenant shall deliver evidence of insurance to such mortgagee; ([iii) ] loss adjustment shall require the consent of the mortgageemortgagee which consent shall not be unreasonably withheld; and ([iv) ] Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 1 contract

Samples: Lease Agreement (Alterra Healthcare Corp)

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Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: ([i) ] Tenant shall obtain a standard form of mortgage lender's loss payable clause insuring the interest of the mortgagee; ([ii) ] Tenant shall deliver evidence of insurance to such mortgagee; ([iii) ] loss adjustment of claims in excess of $50,000 shall require the consent of the mortgagee, which consent shall not be unreasonably withheld; and ([iv) ] Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 1 contract

Samples: Lease Agreement (Alterra Healthcare Corp)

Mortgages. The following provisions shall apply if Landlord now or --------- hereafter places a mortgage on the any Leased Property or any part thereof: (ia) Tenant shall obtain a standard form of mortgage clause insuring the interest of the mortgageemortgagee (which requirement shall not include a mortgagee policy of title insurance); (ii) Tenant shall deliver evidence of insurance to such mortgagee; (iii) loss adjustment shall require the consent of the mortgagee; and (iv) Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 1 contract

Samples: Real Property Purchase and Contribution Agreement (Capital Automotive Reit)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the any Leased Property or any part thereof: (ia) Tenant shall obtain a standard form of mortgage clause insuring the interest of the mortgageemortgagee (which requirement shall include a mortgagee policy of title insurance); and (iib) Tenant shall deliver evidence of insurance to such mortgagee; (iii) loss adjustment shall require the consent of the mortgagee; and (iv) Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 1 contract

Samples: Lease Agreement (United Auto Group Inc)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: ([i) ] Tenant shall obtain a standard form of mortgage lender's loss payable clause insuring the interest of the mortgagee; ([ii) ] Tenant shall deliver evidence of insurance to such mortgagee; ([iii) ] loss adjustment of claims in excess of $5,000 shall require the consent of the mortgagee; and ([iv) ] Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 1 contract

Samples: Lease Agreement (Alterra Healthcare Corp)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: (i) Tenant shall obtain a standard form of mortgage mortgagee clause insuring the interest of the mortgagee; (ii) Tenant shall deliver evidence of insurance to such mortgagee; (iii) loss adjustment shall require the consent of the mortgagee; and (iv) Tenant shall obtain such other coverages coverage and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 1 contract

Samples: Master Agreement to Lease (Correctional Properties Trust)

Mortgages. The following provisions shall apply if Landlord now --------- or hereafter places a mortgage on the Leased Property or any part thereof: ([i) ] Tenant shall obtain a standard form of mortgage lender's loss payable clause insuring the interest of the mortgagee; ([ii) ] Tenant shall deliver evidence of insurance to such mortgagee; ([iii) ] loss adjustment shall require the consent of the mortgagee; and ([iv) ] Tenant shall obtain such other coverages and provide such other information and documents as may be reasonably required by the mortgagee.

Appears in 1 contract

Samples: Lease Agreement (Just Like Home Inc)

Mortgages. The following provisions shall apply if Landlord now or hereafter places a mortgage on the Leased Property or any part thereof: ([i) ] Tenant shall obtain a standard form of mortgage lender’s loss payable clause insuring the interest of the mortgagee; ([ii) ] Tenant shall deliver evidence of insurance to such mortgagee; ([iii) ] loss adjustment shall require the consent of the mortgagee, such consent not to be unreasonably withheld or delayed; and ([iv) ] Tenant shall obtain such other coverages and provide such other information and documents as may reasonably be reasonably required by the mortgagee.

Appears in 1 contract

Samples: Master Lease Agreement (Tandem Health Care, Inc.)

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