Common use of Multisite Real Estate Transaction Clause in Contracts

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 22 contracts

Samples: Fourth Amendment and Restatement Agreement (Community Health Systems Inc), Credit Agreement (Quorum Health Corp), Credit Agreement (Community Health Systems Inc)

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Multisite Real Estate Transaction. Mortgagor Borrower acknowledges that this Mortgage Security Instrument is one of a number of cross-defaulted Security Instruments and other security documents (for purposes of this article, collectively the Other Mortgages and Security Documents that Documents) which collectively secure the Obligations. Mortgagor Borrower agrees that the lien of this Mortgage Security Instrument shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeLender and, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Lender of any security for or guarantees of guarantee upon any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee Lender to realize upon or protect any Obligation or indebtedness hereby secured of the Obligations or any collateral security therefor including the Other Mortgages and other Security Documents, except to the extent otherwise provided by law. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or any disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereoftherefor. To the extent not prohibited by applicable law, and Mortgagee may Lender may, at its discretion discretion, foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder, or may foreclose, exercise any power of sale, or exercise any other right available under this Security Instrument without first exercising or enforcing any of its rights or remedies under any or all of the Other Security Documents. Such To the extent not prohibited by applicable law, such exercise of Mortgagee’s Lender's rights and remedies under any or all of the Other Mortgages and other Security Documents documents shall not in any manner impair the indebtedness hereby secured Obligations or the lien of this Mortgage Security Instrument, and any exercise of the rights or remedies of Mortgagee the Lender hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s Lender's rights and remedies thereunder. Mortgagor Borrower specifically consents and agrees that Mortgagee Lender may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogationappropriate, except to the extent otherwise provided by law.

Appears in 5 contracts

Samples: Deed of Trust, Security Agreement, Financing Statement, Fixture Filing and Assignment of Leases, Rents, and Security Deposits (Shelbourne Properties Ii Inc), Deed of Trust (Shelbourne Properties Ii Inc), Mortgage, Security Agreement, Financing Statement, Fixture Filing and Assignment of Leases, Rents, and Security Deposits (Shelbourne Properties I Inc)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Collateral Documents that secure the Secured Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Secured Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Collateral Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Secured Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Collateral Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Collateral Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Collateral Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Collateral Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Collateral Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 4 contracts

Samples: Credit Agreement (West Corp), Credit Agreement (West Customer Management Group, LLC), Credit Agreement (West Corp)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Term Loan Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Term Loan Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured (unless all Specified Obligations are satisfied) or of any of the collateral security therefor, including the Other Mortgages and other Term Loan Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Term Loan Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Term Loan Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Term Loan Security Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Term Loan Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 3 contracts

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Financing Statement (Neiman Marcus, Inc.), Mortgage, Assignment of Leases and Rents, Security Agreement and Financing Statement (Neiman Marcus Group Inc), Leasehold Mortgage (Neiman Marcus Group Inc)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 3 contracts

Samples: Credit Agreement (Costar Group Inc), Credit Agreement (Costar Group Inc), Credit Agreement (Costar Group Inc)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, Mortgagee and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 3 contracts

Samples: Mortgage, Leasehold Mortgage, Assignment of Leases and Rents, Security Agreement and Financing Statement (Terex Corp), Credit Agreement (Phillips Van Heusen Corp /De/), Credit Agreement (Graham Packaging Holdings Co)

Multisite Real Estate Transaction. The Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Secured Obligations. The Mortgagor agrees that the lien Lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, the Mortgagee or any other Secured Party and without limiting the generality of the foregoing, the lien Lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Secured Obligations hereby secured, or by any failure, neglect or omission on the part of the Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien Lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Secured Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and the Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of the Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien Lien of this Mortgage and any exercise of the rights or remedies of the Mortgagee hereunder shall not impair the lien Lien of any of the Other Mortgages and other Security Documents or any of the Mortgagee’s 's rights and remedies thereunder. The Mortgagor specifically consents and agrees that the Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 2 contracts

Samples: Mortgage, Collateral Assignment of Leases and Rents and Fixture Filing (Marsh Supermarkets Inc), Mortgage, Collateral Assignment of Leases and Rents, Security Agreement, and Fixture Filing (Marsh Supermarkets Inc)

Multisite Real Estate Transaction. Mortgagor The Grantor acknowledges that this Mortgage Deed of Trust is one of a number of mortgages, deeds of trust and other security documents (“Other Mortgages and Security Documents Deeds of Trust”) that secure the Secured Obligations. Mortgagor Grantor agrees that the lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeBeneficiary, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Beneficiary of any security for or guarantees of any of the Obligations hereby securedSecured Obligations, or by any failure, neglect or omission on the part of Mortgagee Beneficiary to realize upon or protect any Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security DocumentsDeeds of Trust. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Secured Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents Deeds of Trust or of any guarantee thereof, and Mortgagee and, to the fullest extent permitted by applicable law, Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents Deeds of Trust without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of MortgageeBeneficiary’s rights and remedies under any or all of the Other Mortgages and other Security Documents Deeds of Trust shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage Deed of Trust and any exercise of the rights or remedies of Mortgagee Beneficiary hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents Deeds of Trust or any of MortgageeDeed of Trust’s rights and remedies thereunder. Mortgagor To the fullest extent permitted by applicable law, Grantor specifically consents and agrees that Mortgagee the Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents Deeds of Trust separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 2 contracts

Samples: Credit Agreement (Huntington Ingalls Industries, Inc.), Credit Agreement (Huntington Ingalls Industries, Inc.)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Collateral Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Collateral Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Collateral Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Collateral Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Collateral Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Collateral Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Collateral Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 2 contracts

Samples: Credit Agreement (Team Health Holdings Inc.), Credit and Guarantee Agreement (Telx Group, Inc.)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages other mortgages and Security Documents security documents that secure the ObligationsSecured Liabilities. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, Agent and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Agent of any security for or guarantees of any of the Obligations hereby securedSecured Liabilities, or by any failure, neglect or omission on the part of Mortgagee the Agent to realize upon or protect any Obligation or indebtedness hereby secured the Secured Liabilities or any collateral security therefor including the Other Mortgages other mortgages and other Security Documentssecurity documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changingchange, modification or disposition of any of the Obligations secured Secured Liabilities or of any of the collateral security therefor, including the Other Mortgages other mortgages and other Security Documents security documents or of any guarantee thereof, and Mortgagee Agent may at its discretion foreclose, exercise any power of sale, foreclose or exercise any other remedy available to it under any or all of the Other Mortgages other mortgages and other Security Documents security documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s Agent rights and remedies under any or all of the Other Mortgages other mortgages and other Security Documents security documents shall not in any manner impair the indebtedness hereby secured Secured Liabilities or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder Agent shall not impair the lien of any of the Other Mortgages other mortgages and other Security Documents security documents or any of Mortgagee’s Agent rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee Agent may exercise its rights and remedies hereunder and under the Other Mortgages other mortgages and other Security Documents security documents separately or concurrently and in any order that it may deem appropriate and Mortgagor waives any rights of subrogation.subrogation until such time as Agent has been paid in full. THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK

Appears in 2 contracts

Samples: Real Property Mortgage (MGP Ingredients Inc), Real Property Mortgage (MGP Ingredients Inc)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, Mortgagee and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security thereforthereof, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 2 contracts

Samples: Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/)

Multisite Real Estate Transaction. The Mortgagor acknowledges that this Mortgage is may be one of a number of Other Mortgages and Security Collateral Documents that secure the Secured Obligations. The Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of the Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Secured Obligations hereby secured, or by any failure, neglect or omission on the part of the Mortgagee to realize upon or protect any Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Collateral Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Secured Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Collateral Documents or of any guarantee thereof, and the Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Collateral Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of the Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Collateral Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of the Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Collateral Documents or any of the Mortgagee’s 's rights and remedies thereunder. The Mortgagor specifically consents and agrees that the Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Collateral Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 2 contracts

Samples: Credit Agreement (Bloomin' Brands, Inc.), Credit Agreement (Osi Restaurant Partners, LLC)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 2 contracts

Samples: First Lien Credit Agreement (Hawkeye Holdings, Inc.), Second Lien Credit Agreement (Hawkeye Holdings, Inc.)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Collateral Documents that secure the Secured Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Secured Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Collateral Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Secured Obligations secured (unless all Secured Obligations are satisfied pursuant to the Credit Agreement) or of any of the collateral security therefor, including the Other Mortgages and other Security Collateral Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Collateral Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Collateral Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Collateral Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Collateral Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 2 contracts

Samples: Second Priority Mortgage, Assignment of Leases and Rents, Security Agreement and Financing Statement (Neiman Marcus, Inc.), Second Priority Mortgage, Assignment of Leases and Rents, Security Agreement and Financing Statement (Neiman Marcus Group Inc)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages other mortgages and Security Documents security documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, Mortgagee and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of the Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages other mortgages and other Security Documentssecurity documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages other mortgages and other Security Documents security documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages other mortgages and other Security Documents security documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages other mortgages and other Security Documents security documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages other mortgages and other Security Documents security documents or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages other mortgages and other Security Documents security documents separately or concurrently and in any order that it may deem appropriate and Mortgagor waives any rights of subrogation.

Appears in 2 contracts

Samples: Mortgage, Future Advance, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Reptron Electronics Inc), Mortgage (Reptron Electronics Inc)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of other mortgages and deeds of trusts and other security documents dated of even date herewith (such mortgages, deeds of trust and other security documents dated of even date herewith and any supplements or amendments thereto and any other mortgages, deeds of trust or security documents securing the indebtedness hereby secured are collectively called the "Other Mortgages and Security Documents that Mortgages") which secure the Obligationsindebtedness hereby secured. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeMortgagee and, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of guarantors upon any of the Obligations indebtedness hereby secured, or by any failure, neglect or omission on the part of the Mortgagee to realize upon or protect any Obligation or of the indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security DocumentsMortgages. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), ) sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations indebtedness hereby secured or of any of the collateral security therefor, including without limitation the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor The undersigned specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogationappropriate.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Morton Industrial Group Inc), Mortgage and Security Agreement (Morton Industrial Group Inc)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 2 contracts

Samples: Credit Agreement (AssetMark Financial Holdings, Inc.), Credit Agreement (AssetMark Financial Holdings, Inc.)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Fee and Leasehold Mortgage (Cloud Peak Energy Inc.)

Multisite Real Estate Transaction. Mortgagor Trustor acknowledges that this Mortgage Deed of Trust is one of a number of Other Mortgages and Security Collateral Documents that secure the Secured Obligations. Mortgagor Trustor agrees that the lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeTrustee or Beneficiary, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Beneficiary of any security for or guarantees of any of the Secured Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee Trustee or Beneficiary to realize upon or protect any Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Collateral Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Secured Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Collateral Documents or of any guarantee thereof, and Mortgagee Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Collateral Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of MortgageeBeneficiary’s rights and remedies under any or all of the Other Mortgages and other Security Collateral Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage Deed of Trust and any exercise of the rights or remedies of Mortgagee Trustee or Beneficiary hereunder shall not impair the lien of any of the Other Mortgages and other Security Collateral Documents or any of MortgageeBeneficiary’s rights and remedies thereunder. Mortgagor Trustor specifically consents and agrees that Mortgagee Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Collateral Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Deed of Trust (West Corp)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents security documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documentssecurity documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents security documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents security documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents security documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents security documents or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents security documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Financing Statement (Kindercare Learning Centers Inc /De)

Multisite Real Estate Transaction. Mortgagor Trustor acknowledges that this Mortgage Deed of Trust is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor Trustor agrees that the lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeTrustee or Beneficiary, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Beneficiary of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee Trustee or Beneficiary to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security DocumentsMortgages. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee Beneficiary (or Trustee for the benefit of Beneficiary) may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of MortgageeBeneficiary’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage Deed of Trust and any exercise of the rights or remedies of Mortgagee Beneficiary (or Trustee, for the benefit of Beneficiary) hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of MortgageeBeneficiary’s rights and remedies thereunder. Mortgagor Trustor specifically consents and agrees that Mortgagee Beneficiary (or Trustee for the benefit of Beneficiary) may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Credit Agreement (Dennys Corp)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages other mortgages, deeds of trust and Security Documents that assignments of leases and rents and other security documents (hereinafter collectively the "Financing Agreements") which secure the ObligationsIndebtedness in whole or in part. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeMortgagee and, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of guarantors upon any of the Obligations hereby secured, Indebtedness or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured of the Indebtedness or any collateral security therefor including the Other Mortgages and other Security DocumentsFinancing Agreements. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or any disposition of any of the Obligations secured Indebtedness or of any of the collateral security therefor, including the Other Mortgages and other Security Documents Financing Agreements or of any guarantee thereofthereof Mortgagee may, and Mortgagee may at its discretion discretion, foreclose, exercise any power of sale, sale or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents Financing Agreements without first exercising or enforcing any of its rights and remedies hereunder. Such , or may foreclose, exercise any power of Mortgagee’s sale, or exercise any other right available under this Mortgage without first exercising or enforcing any of its rights and remedies under any or all of the Other Mortgages Financing Agreements. Such exercise of Mortgagee's rights and other Security Documents remedies under any or all of the Financing Agreements shall not in any manner impair the indebtedness hereby secured Indebtedness or the lien of this Mortgage the Mortgage, and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents Financing Agreements or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents Financing Agreements separately or concurrently and in any order that it Mortgagee may deem appropriate and waives any rights of subrogationappropriate.

Appears in 1 contract

Samples: Leasehold Mortgage, Assignment of Rents and Security Agreement (Aerobic Creations, Inc.)

Multisite Real Estate Transaction. Mortgagor The Grantor acknowledges that this Mortgage Deed of Trust is one of a number of mortgages, deeds of trust or similar instruments (“Other Mortgages and Security Documents Mortgages”) that secure the Secured Obligations. Mortgagor Grantor agrees that the lien Lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeBeneficiary, and without limiting the generality of the foregoing, the lien Lien hereof shall not be impaired by any acceptance by the Mortgagee Beneficiary of any security for or guarantees of any of the Obligations hereby securedSecured Obligations, or by any failure, neglect or omission on the part of Mortgagee Beneficiary to realize upon or protect any Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security DocumentsMortgages. The lien Lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Secured Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee and, to the fullest extent permitted by Applicable Law, Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of MortgageeBeneficiary’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien Lien of this Mortgage Deed of Trust and any exercise of the rights or remedies of Mortgagee Beneficiary hereunder shall not impair the lien Lien of any of the Other Mortgages and other Security Documents or any of MortgageeBeneficiary’s rights and remedies thereunder. Mortgagor To the fullest extent permitted by Applicable Law, Grantor specifically consents and agrees that Mortgagee the Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Line of Credit Deed of Trust (Xerox Corp)

Multisite Real Estate Transaction. Mortgagor Grantor acknowledges that this Mortgage Deed of Trust is one of a number of several mortgages and other security documents (the aforesaid being together called the "Other Mortgages and Security Documents that Documents") which secure the Obligationsindebtedness evidenced by the Notes, the Credit Agreement and the Applications. Mortgagor Grantor agrees that the lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgageethe Trustee or Beneficiary and, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Trustee or Beneficiary of any security for or guarantees of guarantors upon any of the Obligations indebtedness hereby secured, or by any failure, neglect or omission on the part of Mortgagee the Trustee or Beneficiary to realize upon or protect any Obligation or of the indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromisecompromises, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations indebtedness hereby secured or of any of the collateral security therefor, including including, without limitation, the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee the Trustee or Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s Trustee's or Beneficiary's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured secured, except to the extent of payment, or the lien of this Mortgage Deed of Trust and any exercise of the rights or remedies of Mortgagee Trustee or Beneficiary hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s Trustee's or Beneficiary's rights and remedies thereunder. Mortgagor Grantor specifically consents and agrees that Mortgagee Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogationappropriate.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Mississippi Chemical Corp /MS/)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, Mortgagee and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.. 171 26

Appears in 1 contract

Samples: Credit Agreement (Fairchild Semiconductor International Inc)

Multisite Real Estate Transaction. Mortgagor Grantor acknowledges that this Mortgage Deed of Trust is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor Grantor agrees that the lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, Trustee or Beneficiary and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Trustee or Beneficiary of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee Trustee or Beneficiary to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents, except as otherwise provided by the laws of the State of California. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee Trustee or Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s Trustee's or Beneficiary's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage Deed of Trust and any exercise of the rights or remedies of Mortgagee Trustee or Beneficiary hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s Trustee's or Beneficiary's rights and remedies thereunder. Mortgagor The Grantor specifically consents and agrees that Mortgagee Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Leasehold Deed of Trust, Security Agreement, and Assignment of Leases and Rents (Donjoy LLC)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and other Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Credit Agreement (SunCoke Energy Partners, L.P.)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation of the Obligations or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Abl Credit Agreement (Community Health Systems Inc)

Multisite Real Estate Transaction. Mortgagor Grantor acknowledges that this Mortgage Deed of Trust is one of a number of other mortgages and deeds of trusts and other security documents dated of even date herewith (such mortgages, deeds of trust and other security documents dated of even date herewith and any supplements or amendments thereto and any other mortgages, deeds of trust or security documents securing the indebtedness hereby secured are collectively called the "Other Mortgages and Security Documents that Mortgages") which secure the Obligationsindebtedness hereby secured. Mortgagor Grantor agrees that the lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeTrustee or Beneficiary and, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Trustee or Beneficiary of any security for or guarantees of guarantors upon any of the Obligations indebtedness hereby secured, or by any failure, neglect or omission on the part of Mortgagee the Trustee or Beneficiary to realize upon or protect any Obligation or of the indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security DocumentsMortgages. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), ) sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations indebtedness hereby secured or of any of the collateral security therefor, including without limitation the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s Beneficiary's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage Deed of Trust and any exercise of the rights or remedies of Mortgagee Beneficiary or Trustee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s Beneficiary's rights and remedies thereunder. Mortgagor The undersigned specifically consents and agrees that Mortgagee Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogationappropriate.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Morton Industrial Group Inc)

Multisite Real Estate Transaction. The Mortgagor acknowledges that this Mortgage is one of a number of mortgages, deeds of trust or similar instruments (“Other Mortgages and Security Documents Mortgages”) that secure the Secured Obligations. Mortgagor agrees that the lien Lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien Lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby securedSecured Obligations, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security DocumentsMortgages. The lien Lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Secured Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and and, to the fullest extent permitted by Applicable Law, Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien Lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien Lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s rights and remedies thereunder. To the fullest extent permitted by Applicable Law, Mortgagor specifically consents and agrees that the Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement, Financing Statement and Fixture Filing (Xerox Corp)

Multisite Real Estate Transaction. Mortgagor Grantor acknowledges that this Mortgage Deed of Trust is one of a number of several mortgages and other security documents (the aforesaid being together called the "Other Mortgages and Security Documents that Documents") which secure the Obligationsindebtedness hereby secured. Mortgagor Grantor agrees that the lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgageethe Trustee or Beneficiary and, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Trustee or Beneficiary of any security for or guarantees of guarantors upon any of the Obligations indebtedness hereby secured, or by any failure, neglect or omission on the part of Mortgagee the Trustee or Beneficiary to realize upon or protect any Obligation or of the indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromisecompromises, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations indebtedness hereby secured or of any of the collateral security therefor, including including, without limitation, the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee the Trustee or Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s Trustee's or Beneficiary's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured secured, except to the extent of payment, or the lien of this Mortgage Deed of Trust and any exercise of the rights or remedies of Mortgagee Trustee or Beneficiary hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s Trustee's or Beneficiary's rights and remedies thereunder. Mortgagor Grantor specifically consents and agrees that Mortgagee Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogationappropriate.

Appears in 1 contract

Samples: Credit Agreement (Mississippi Chemical Corp /MS/)

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Multisite Real Estate Transaction. The Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and other Security Documents ("Other Mortgages") that secure the Secured Obligations. Mortgagor agrees that the lien Lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien Lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby securedSecured Obligations, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security DocumentsMortgages. The lien Lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Secured Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and and, to the fullest extent permitted by Applicable Law, Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien Lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien Lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s 's rights and remedies thereunder. To the fullest extent permitted by Applicable Law, Mortgagor specifically consents and agrees that the Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement, Financing Statement and Fixture Filing (Xerox Corp)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents other mortgages that secure the ObligationsObligations (“ Other Mortgages”). Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other the Security DocumentsAgreement. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured (unless all Obligations are satisfied) or of any of the collateral security therefor, including the Other Mortgages and other the Security Documents Agreement or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other the Security Documents Agreement without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other the Security Documents Agreement shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other the Security Documents Agreement or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other the Security Documents Agreement separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Credit Agreement (LVB Acquisition, Inc.)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, Mortgagee and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s 's rights and remedies thereunder. The Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Mortgage, Security Agreement and Assignment of Leases and Rents (Neenah Foundry Co)

Multisite Real Estate Transaction. Mortgagor Grantor acknowledges that this Mortgage Amended and Restated Deed of Trust is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor Grantor agrees that the lien of this Mortgage Amended and Restated Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeTrustee or Beneficiary, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Beneficiary of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee Beneficiary to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of MortgageeBeneficiary’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage Amended and Restated Deed of Trust and any exercise of the rights or remedies of Mortgagee Beneficiary hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of MortgageeBeneficiary’s rights and remedies thereunder. Mortgagor Grantor specifically consents and agrees that Mortgagee Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Credit Agreement (SunCoke Energy, Inc.)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, Mortgagee and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation, except as provided in the Indemnity, Subrogation and Contribution Agreement among Borrower, the Guarantors (as defined therein) and the Collateral Agent for the Secured Parties dated of even date herewith.

Appears in 1 contract

Samples: Credit Agreement (Intersil Holding Co)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that which secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, Mortgagee and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Secured Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor The undersigned specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and the undersigned waives any rights of subrogation.

Appears in 1 contract

Samples: Credit Agreement (Ta Operating Corp)

Multisite Real Estate Transaction. Mortgagor Grantor acknowledges that this Mortgage Deed of Trust is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor Grantor agrees that the lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, Trustee or Beneficiary and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Trustee or Beneficiary of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee Trustee or Beneficiary to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee Trustee or Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s Beneficiary's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage Deed of Trust and any exercise of the rights or remedies of Mortgagee Trustee or Beneficiary hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s Trustee's or Beneficiary's rights and remedies thereunder. Mortgagor The Grantor specifically consents and agrees that Mortgagee Trustee or Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement, Fixture Filing and Assignment of Leases and Rents (Hudson Respiratory Care Inc)

Multisite Real Estate Transaction. Mortgagor Xxxxxxxxx acknowledges that this Mortgage is one of a number of Other Mortgages and other Security Documents that secure the Obligations. Mortgagor Xxxxxxxxx agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor Xxxxxxxxx specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Term Loan Credit Agreement (SunCoke Energy Partners, L.P.)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Collateral Documents that secure the Secured Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Secured Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Collateral Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Secured Obligations secured (unless all Secured Obligations are satisfied pursuant to the Revolving Facility Credit Agreement) or of any of the collateral security therefor, including the Other Mortgages and other Security Collateral Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Collateral Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Collateral Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Collateral Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Collateral Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Second Priority Leasehold Mortgage, Assignment of Leases and Rents, Security Agreement and Financing Statement (Neiman Marcus Group Inc)

Multisite Real Estate Transaction. Mortgagor Grantor acknowledges that this Mortgage Indenture is one of a number of several security documents (the aforesaid being together called the "Other Mortgages and Security Documents that Documents") which secure the ObligationsMinimum Payments. Mortgagor Grantor agrees that the lien of this Mortgage Indenture shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgageethe Trustee or Junior Beneficiary and, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Trustee or Junior Beneficiary of any security for or guarantees of guarantors upon any of the Obligations indebtedness hereby secured, or by any failure, neglect or omission on the part of Mortgagee the Trustee or Junior Beneficiary to realize upon or protect any Obligation or of the indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations indebtedness hereby secured or of any of the collateral security therefor, including including, without limitation, the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee the Trustee and/or Junior Beneficiary may at its their discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights right and remedies hereunder. Such exercise of Mortgagee’s Trustee's or Junior Beneficiary's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured secured, except to the extent of payment, or the lien of this Mortgage Indenture and any exercise of the rights or remedies of Mortgagee Trustee and/or Junior Beneficiary hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s Trustee's or Junior Beneficiary's rights and remedies thereunder. Mortgagor Grantor specifically consents and agrees that Mortgagee Trustee or Junior Beneficiary may exercise its their rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it they may deem appropriate and waives any rights of subrogationappropriate.

Appears in 1 contract

Samples: Junior Indenture of Mortgage, Deed of Trust and Security Agreement (Richman Gordman 1/2 Price Stores Inc)

Multisite Real Estate Transaction. Mortgagor Grantor acknowledges that this Mortgage Deed of Trust is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor Grantor agrees that the lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, Trustee or Beneficiary and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Trustee or Beneficiary of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee Trustee or Beneficiary to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee Trustee or Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s Trustee's or Beneficiary's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage Deed of Trust and any exercise of the rights or remedies of Mortgagee Trustee or Beneficiary hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s Trustee or Beneficiary's rights and remedies thereunder. Mortgagor Grantor specifically consents and agrees that Mortgagee Trustee or Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation, except as provided in the Indemnity, Subrogation and Contribution Agreement among Borrower, the Guarantors (as defined therein) and the Collateral Agent for the Secured Parties dated of even date herewith.

Appears in 1 contract

Samples: Credit Agreement (Intersil Holding Co)

Multisite Real Estate Transaction. Mortgagor Grantor acknowledges that this Mortgage Deed of Trust is one of a number of Other Mortgages and Security Documents that secure the Senior Obligations. Mortgagor Grantor agrees that the lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeBeneficiary, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Beneficiary of any security for or guarantees of any of the Senior Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee Beneficiary to realize upon or protect any Senior Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Senior Loan Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Senior Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Senior Loan Documents or of any guarantee thereof, and Mortgagee Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Senior Loan Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s Beneficiary's rights and remedies under any or all of the Other Mortgages and other Security Senior Loan Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage Deed of Trust and any exercise of the rights or remedies of Mortgagee Beneficiary hereunder shall not impair the lien of any of the Other Mortgages and other Security Senior Loan Documents or any of Mortgagee’s Beneficiary's rights and remedies thereunder. Mortgagor Grantor specifically consents and agrees that Mortgagee Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Senior Loan Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Credit Line Deed of Trust, Security Agreement and Assignment of Leases and Rents (Rite Aid Corp)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of other mortgages and deeds of trusts and other security documents dated of even date herewith (such mortgages, deeds of trust and other security documents dated of even date herewith and any supplements or amendments thereto and any other mortgages, deeds of trust or security documents securing the indebtedness hereby secured are collectively called the "Other Mortgages and Security Documents that Mortgages") which secure the Obligationsindebtedness hereby secured. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeMortgagee and, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of guarantors upon any of the Obligations indebtedness hereby secured, or by any failure, neglect or omission on the part of the Mortgagee to realize upon or protect any Obligation or of the indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security DocumentsMortgages. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), ) sale, pledge, surrender, compromise, settlementxxxxxxxxxx, renewalxxxxxxx, extensionxxxxxxxxx, indulgencexxdulgence, alteration, changing, modification or disposition of any of the Obligations indebtedness hereby secured or of any of the collateral security therefor, including without limitation the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor The undersigned specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogationappropriate.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Morton Industrial Group Inc)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents security documents that secure the First Lien Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the First Lien Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any First Lien Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documentssecurity documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the First Lien Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents security documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents security documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Documents security documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents security documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents security documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Credit Agreement (Itc Deltacom Inc)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the ObligationsObligations (as defined in the Guarantee and Collateral Agreement). Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Mortgage-Secured Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Mortgage-Secured Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The Subject to Section 3.04 of this Mortgage, the lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Mortgage-Secured Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Credit Agreement (Hawaiian Telcom Holdco, Inc.)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property releasedreleased pursuant to Section 3.04 above), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Credit Agreement (CBRE Acquisition Holdings, Inc.)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Documents that secure the Senior Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Senior Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Loan Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Senior Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Loan Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Loan Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s 's rights and remedies under any or all of the Other Mortgages and other Security Loan Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Loan Documents or any of Mortgagee’s 's rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Senior Loan Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Senior Credit Agreement (Rite Aid Corp)

Multisite Real Estate Transaction. Mortgagor acknowledges that this Mortgage is one of a number of Other Mortgages and Security Credit Documents that secure the Obligations. Mortgagor agrees that the lien of this Mortgage shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of Mortgagee (except Mortgagee and Mortgagee’s agents’ willful misconduct, bad faith and gross negligence), and without limiting the generality of the foregoing, the lien hereof it shall not be impaired by any acceptance by the Mortgagee of any security for or guarantees of any of the Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee to realize upon or protect any Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages and other Security Credit Documents. The lien hereof This mortgage shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Obligations secured or of any of the collateral security therefor, including the Other Mortgages and other Security Credit Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Credit Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s rights and remedies under any or all of the Other Mortgages and other Security Credit Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage and any exercise of the rights or remedies of Mortgagee hereunder shall not impair the lien of any of the Other Mortgages and other Security Credit Documents or any of Mortgagee’s rights and remedies thereunder. Mortgagor specifically consents and agrees that Mortgagee may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Credit Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Credit Agreement (Rockwood Specialties Group Inc)

Multisite Real Estate Transaction. Mortgagor Grantor acknowledges that this Mortgage Second Priority Deed of Trust is one of a number of Other Mortgages and Security Documents Deeds of Trust that secure the Second Priority Debt Obligations. Mortgagor Grantor agrees that the lien of this Mortgage Second Priority Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeBeneficiary, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Beneficiary of any security for or guarantees of any of the Second Priority Debt Obligations hereby secured, or by any failure, neglect or omission on the part of Mortgagee Beneficiary to realize upon or protect any Second Priority Debt Obligation or indebtedness hereby secured or any collateral security therefor including the Other Mortgages Deeds of Trust and other Security Second Priority Debt Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or disposition of any of the Second Priority Debt Obligations secured or of any of the collateral security therefor, including the Other Mortgages Deeds of Trust and other Security Second Priority Debt Documents or of any guarantee thereof, and Mortgagee Beneficiary may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages Deeds of Trust and other Security Second Priority Debt Documents without first exercising or enforcing any of its rights and remedies hereunder. Such exercise of Mortgagee’s Beneficiary's rights and remedies under any or all of the Other Mortgages Deeds of Trust and other Security Second Priority Debt Documents shall not in any manner impair the indebtedness hereby secured or the lien of this Mortgage Second Priority Deed of Trust and any exercise of the rights or remedies of Mortgagee Beneficiary hereunder shall not impair the lien of any of the Other Mortgages Deeds of Trust and other Security Second Priority Debt Documents or any of Mortgagee’s Beneficiary's rights and remedies thereunder. Mortgagor Grantor specifically consents and agrees that Mortgagee Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages Deeds of Trust and other Security Second Priority Debt Documents separately or concurrently and in any order that it may deem appropriate and waives any rights of subrogation.

Appears in 1 contract

Samples: Second Priority Credit Line Deed of Trust, Security Agreement and Assignment of Leases and Rents (Rite Aid Corp)

Multisite Real Estate Transaction. Mortgagor Grantor acknowledges that this Mortgage Deed of Trust is one of a number of other deeds of trust, mortgages and assignments of leases and rents and other security documents (hereinafter collectively the `Other Mortgages and Security Documents that Loan Documents') which secure the ObligationsIndebtedness in whole or in part. Mortgagor Grantor agrees that the lien of this Mortgage Deed of Trust shall be absolute and unconditional and shall not in any manner be affected or impaired by any acts or omissions whatsoever of MortgageeBeneficiary and, and without limiting the generality of the foregoing, the lien hereof shall not be impaired by any acceptance by the Mortgagee Beneficiary of any security for or guarantees of guarantors upon any of the Obligations hereby secured, Indebtedness or by any failure, neglect or omission on the part of Mortgagee Beneficiary to realize upon or protect any Obligation or indebtedness hereby secured of the Indebtedness or any collateral security therefor including the Other Mortgages and other Security Loan Documents. The lien hereof shall not in any manner be impaired or affected by any release (except as to the property released), sale, pledge, surrender, compromise, settlement, renewal, extension, indulgence, alteration, changing, modification or any disposition of any of the Obligations secured Indebtedness or of any of the collateral security therefor, including the Other Mortgages and other Security Documents or of any guarantee thereof, and Mortgagee may at its discretion foreclose, exercise any power of sale, or exercise any other remedy available to it under any or all of the Other Mortgages and other Security Loan Documents without first exercising or enforcing any of its rights and remedies hereunder. Such , or may foreclose, exercise any power of Mortgagee’s sale, or exercise any other right available under this Deed of Trust without first exercising or enforcing any of its rights and remedies under any or all of the Other Mortgages Loan Document. Such exercise of Beneficiary's rights and other Security remedies under any or all of the Other Loan Documents shall not in any manner impair the indebtedness hereby secured Indebtedness or the lien of this Mortgage the Deed of Trust, and any exercise of the rights or remedies of Mortgagee Beneficiary hereunder shall not impair the lien of any of the Other Mortgages and other Security Loan Documents or any of Mortgagee’s Beneficiary's rights and remedies thereunder. Mortgagor Grantor specifically consents and agrees that Mortgagee Beneficiary may exercise its rights and remedies hereunder and under the Other Mortgages and other Security Loan Documents separately or concurrently and in any order that it Beneficiary may deem appropriate and waives any rights of subrogationappropriate.

Appears in 1 contract

Samples: Deed of Trust (American Water Star Inc)

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