Common use of Power to Create Lien and Security Clause in Contracts

Power to Create Lien and Security. Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien and security interest in all of the Mortgaged Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoever.

Appears in 14 contracts

Samples: Mortgage (Progress Precision Inc.), Open End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Progress Precision Inc.), Open End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Progress Precision Inc.)

AutoNDA by SimpleDocs

Power to Create Lien and Security. The Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien and security interest in all of the Mortgaged Property Collateral in the manner and form herein provided and without obtaining the provided. No authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoeverparty or parties whomsoever is required in connection with the execution and delivery by the Mortgagor of this Mortgage.

Appears in 6 contracts

Samples: Mortgage, Deed of Trust, Assignment of as Extracted Collateral, Security Agreement, Fixture Filing and Financing Statement (Sundance Energy Australia LTD), Mortgage, Deed of Trust, Assignment of as Extracted Collateral, Security Agreement, Fixture Filing and Financing Statement (Sundance Energy Australia LTD), Mortgage, Deed of Trust, Assignment of as Extracted Collateral, Security Agreement, Fixture Filing and Financing Statement (Sundance Energy Australia LTD)

Power to Create Lien and Security. Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien lien and security interest in all of the Mortgaged Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoever.

Appears in 2 contracts

Samples: Subordinate Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Ascendia Brands, Inc.), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Ascendia Brands, Inc.)

Power to Create Lien and Security. The Mortgagor has has, in all material respects, full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage mortgage, and convey a Lien and security interest in all of the Mortgaged Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person party or parties whomsoever.

Appears in 2 contracts

Samples: Credit Agreement (Brigham Exploration Co), Indenture (Brigham Holdings Ii LLC)

Power to Create Lien and Security. The Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage with a power of sale and convey a Lien and security interest in all of the Mortgaged Property Collateral in the manner and form herein provided and without obtaining the provided. No authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoeverparty or parties whomsoever is required in connection with the execution and delivery by the Mortgagor of this Mortgage.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases, Rents and as Extracted Collateral, Security Agreement, Financing Statement and Fixture Filing (Nacco Industries Inc)

AutoNDA by SimpleDocs

Power to Create Lien and Security. Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien and security interest in all of the Mortgaged Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person (exclusive of the Senior Lienholder to the extent the Senior Lienholder has such rights under the Senior Mortgage) whomsoever.

Appears in 1 contract

Samples: Indenture (Angiotech Pharmaceuticals Inc)

Power to Create Lien and Security. The Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien and security interest in all of the Mortgaged Property Collateral in the manner and form herein provided and without obtaining the provided. No authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoeverparty or parties whomsoever that has not been obtained is required in connection with the execution and delivery by the Mortgagor of this Deed of Trust with respect to any material Collateral.

Appears in 1 contract

Samples: Deed of Trust (Prairie Operating Co.)

Power to Create Lien and Security. Mortgagor has full power and lawful authority to grant, bargain, sell, assign, transfer, mortgage and convey a Lien lien and security interest in all of the Mortgaged Property in the manner and form herein provided and without obtaining the authorization, approval, consent or waiver of any grantor, lessor, sublessor, Governmental Authority or other Person whomsoever.

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (Verso Corp)

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