Ownership; Instruments of Further Assurance. The Issuer represents that at the time of the pledge and assignment thereof it will lawfully own the Series 20 Note and that such pledge and assignment and the assignment of the Loan Agreement to the Trustee hereby made will be valid and lawful. The Issuer covenants that it will defend the title to the Series 20 Note and its interest in the Loan Agreement to the Trustee, for the benefit of the holders and owners of the Bonds against the claims and demands of all persons whomsoever. The Issuer covenants that it will do, execute, acknowledge and deliver or cause to be done, executed, acknowledged and delivered, such indentures supplemental hereto and such further acts, instruments and transfers as the Trustee may reasonably require for the better assuring, transferring, mortgaging, conveying, pledging, assigning and confirming unto the Trustee, the Series 20 Note, the Loan Agreement and all payments thereon and thereunder pledged hereby to the payment of the principal of, premium, if any, and interest on the Bonds.
Ownership; Instruments of Further Assurance. The Issuer represents that at the time of the pledge and assignment thereof it will lawfully own the Series 2016 Note and that such pledge and assignment and the assignment of the Financing Agreement to the Trustee hereby made will be valid and lawful. The Issuer covenants that it will defend the title to the Series 2016 Note and its interest in the Sublease Rental Payments and the Financing Agreement to the Trustee, for the benefit of the Bondholders and owners of the Bonds against the claims and demands of all persons whomsoever. The Issuer covenants that it will do, execute, acknowledge and deliver or cause to be done, executed, acknowledged and delivered, such indentures supplemental hereto and such further acts, instruments and transfers as the Trustee may reasonably require for the better assuring, transferring, mortgaging, conveying, pledging, assigning and confirming unto the Trustee, the Series 2016 Note, the Sublease Rental Payments, the Financing Agreement and all payments thereon and thereunder pledged hereby to the payment of the principal of, premium, if any, and interest on the Bonds.
Ownership; Instruments of Further Assurance. The Mortgagee on behalf of the Debtor shall defend the interest of the Debtor to the Mortgaged Property and every part thereof and the Debtor agrees to warrant and defend such interest against the claims and demands of all Persons whomsoever. The Debtor covenants that it will do, execute, acknowledge and deliver or cause to be done, executed, acknowledged and delivered, such supplements hereto and such further acts, instruments and transfers as the Mortgagee may reasonably require for the better assuring, transferring, conveying, pledging, assigning and confirming unto the Mortgagee all and singular the property herein described and subject to the lien and security interest of this Mortgage and those revenues pledged hereby and by the Indenture to the payment of the Obligations. Any and all property hereafter acquired (other than the Company’s Property) which is of the kind or nature herein provided to be and become subject to the lien and security interest hereof shall ipso facto, and without any further conveyance, assignment or act on the part of the Debtor or the Mortgagee, become and be subject to the lien and security interest of this Mortgage as fully and completely as though specifically described herein, but nothing in this sentence contained shall be deemed to modify or change the obligations of the Debtor heretofore made by this Section 3.4.
Ownership; Instruments of Further Assurance. At the written direction of the Mortgagee, the Obligor, at its sole cost and expense, shall defend the title of the Agency and the Company to their respective interests in and to the Mortgaged Property and every part thereof for the benefit of the Mortgagee; and the Obligor agrees to warrant and defend such title against the claims and demands of all Persons whomsoever. The Obligor covenants that (at the sole cost and expense of the Obligor): (a) it will do, execute, acknowledge and deliver or cause to be done, executed, acknowledged and delivered such supplements hereto and such further acts, instruments and transfers as the Mortgagee may reasonably require for (i) the better assuring, transferring, conveying, pledging, assigning and confirming unto the Mortgagee all and singularly the title of the Agency and the Company to their respective interests in and to the Mortgaged Property, (ii) carrying out the intention of or facilitating the performance of the provisions of this Mortgage, and (iii) filing, registering, or recording this Mortgage; and (b) on demand (but at the sole cost and expense of the Obligor), it shall execute and deliver, and hereby authorizes the Mortgagee to execute and deliver, in the name of the Agency or the Obligor, as the case may be, to the extent the Mortgagee may lawfully do so, one or more financing statements, chattel mortgages or other comparable security instruments to evidence more effectively the lien hereof upon the Mortgaged Property and to file such financing statements, chattel mortgages or other comparable security instruments, with or without the signature of the Mortgagor, in all public offices where such filing may be necessary or desirable in order to preserve, protect and perfect the lien of this Mortgage on the Mortgaged Property. Any and all property hereafter acquired by the Obligor or the Agency (other than Equipment which does not constitute Mortgaged Equipment) that becomes a part of the Improvements under the Lease Agreement shall, ipso facto, and without any further conveyance, assignment or act on the part of the Agency, the Obligor or the Mortgagee, become and be subject to the lien and security interest of this Mortgage as fully and completely as though specifically described herein, but nothing contained in this sentence shall be deemed to modify or change the obligations of the Agency or the Obligor heretofore made by this Section 6. The Obligor shall pay all reasonable expenses incurred by the Mort...
Ownership; Instruments of Further Assurance. The Authority covenants that it will own the Projects, and any property becoming a part of the Projects shall be acquired and kept, free of all liens and encumbrances, except Permitted Encumbrances. The Authority will defend the title to and interest in the Projects and each part thereof to the Trustee, for the benefit of the Bondholders against the claims and demands of all persons whomsoever, except for claims and demands arising from Permitted Encumbrances as provided in the Master Lease. The Authority will do, execute, acknowledge and deliver or cause to be done, executed, acknowledged and delivered such Supplemental Indentures and such further acts, instruments and transfers as the Trustee may reasonably require for the better assuring, transferring, conveying, pledging, assigning and confirming unto the Trustee the Projects, the Base Rentals, Purchase Option Price and other amounts pledged hereby to the payment of the principal of and premium, if any, and interest on the Bonds. The Authority, except as herein and in the Master Lease or Security Documents provided, will not sell, convey, mortgage, encumber or otherwise dispose of any part of the Projects or the Base Rentals, the Additional Rentals, the Purchase Option Price, the revenues and receipts therefrom or its rights under the Master Lease, together with any additions thereto and substitutions therefor, subject to Permitted Encumbrances.
Ownership; Instruments of Further Assurance. The County agrees that it lawfully owns and possesses the Project Land, that it has good and marketable fee simple title therein and thereto and that it holds and owns the Project Equipment and that it has or will acquire good and marketable title thereto (subject, however, to Permitted Encumbrances as defined in the Agreement) and that it will defend said title therein and thereto and every part thereof to the Trustee, and its respective successors and assigns, for the benefit of the
Ownership; Instruments of Further Assurance. The Issuer represents that the assignment of the Loan Agreement to the Bond Trustee hereby made are valid and lawful. The Issuer covenants that it will defend its interest in the Loan Agreement and the assignment thereof to the Bond Trustee, for the benefit of the holders and owners of the Series 2007A Bonds, against the claims and demands of all persons whomsoever. The Issuer covenants that it will do, execute, acknowledge and deliver or cause to be done, executed, acknowledged and delivered, such indentures supplemental hereto and such further acts, instruments and transfers as the Bond Trustee may reasonably require for the better assuring, transferring, mortgaging, conveying, pledging, assigning and confirming unto the Bond Trustee, the Loan Agreement and all payments thereon and thereunder (except for Unassigned Rights) pledged hereby to the payment of the principal of, premium, if any, and interest on the Series 2007A Bonds.
Ownership; Instruments of Further Assurance. The Issuer covenants that it lawfully owns and is lawfully possessed of the Project and that it will defend its title in and to the Project and every part thereof to the Bondholder, and its respective successors and assigns, against the claims and demands of all persons whomsoever. The Issuer covenants that it will do, execute, acknowledge and deliver or cause to be done, executed, acknowledged and delivered, such indentures supplemental hereto and such further acts, instruments and transfers as the Bondholder may reasonably require for the better giving, granting, pledging, assigning, conveying, transferring, assuring and confirming unto the Bondholder all and singular the rents, revenues and receipts pledged hereby to the payment of the principal of and interest on the Bonds. The Issuer covenants that, except for the Xxxx of Sale (Project Equipment), and the Warranty Deed, and except as herein and in the Lease Agreement and the Security Deed provided, it will not sell, convey, encumber or otherwise dispose of any part of the Project.
Ownership; Instruments of Further Assurance. The Issuer covenants that it lawfully owns and is lawfully possessed of the Leased Land (subject, however, to Permitted Liens) and that it has good and marketable fee simple title therein and thereto and that it holds and owns the Building and the Leased Equipment and that it will defend its title in and to the Leased Land and every part thereof to the Trustee, and its respective successors and assigns, for the benefit of the owners of the Bonds against the claims and demands of all persons whomsoever. The foregoing covenants are subject to the limitations described in Section 3.4
