Pro Rata Benefit Sample Clauses

Pro Rata Benefit. This Mortgage is executed and granted for the pro rata benefit and security of the Mortgagee and the other Secured Parties to secure the Secured Obligations until the Secured Obligations have been paid as provided in Section 12.18(a) of the Credit Agreement.
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Pro Rata Benefit. This Deed of Trust is executed and granted for the pro rata benefit and security of the Mortgagee and the Other Secured Persons to secure the Secured Obligations for so long as same remains unpaid and thereafter until the Secured Obligations have been Paid In Full In Cash.
Pro Rata Benefit. This Agreement is executed and granted for the pro rata benefit and security of the Secured Party, the other Secured Creditors, and any and all future holders of an interest in the Obligations and the interest thereon for so long as same remain unpaid and thereafter for so long as any Secured Creditor (or any Affiliate) has any obligations under the Credit Agreement or any other Loan Documents to lend money or issue Letters of Credit in favor of Borrower or has any obligations under any Secured Hedging Agreements (including those described in Section 1.05) or until the Liens hereby created are released by Secured Party or such other Secured Creditor; it being understood and agreed that possession of any Notes at any time by Borrower shall not by itself extinguish the Obligations, such Notes or this Agreement securing payment thereof, and Borrower shall have the right to issue and reissue any of the Notes from time to time as convenience may require, without in any manner extinguishing or affecting the Obligations, the obligations under any of the Notes, or the security of this Agreement.
Pro Rata Benefit. This Mortgage is executed and granted for the pro rata benefit and security of Mortgagee, and the Lenders, and any and all future holders of an interest in the Indebtedness and the interest thereon for whatever period; it being understood and agreed that possession of any Note (or any replacements of said Note) at any time by Mortgagor shall not in any manner extinguish the Indebtedness, such Note or this Mortgage securing payment thereof, and Mortgagor shall have the right to issue and reissue any of the Notes from time to time as its interest or as convenience may require, without in any manner extinguishing or affecting the Indebtedness, the obligations under any of the Notes, or the security of this Mortgage.
Pro Rata Benefit. 6 Section 1.07
Pro Rata Benefit. This Mortgage is executed and granted for the pro rata benefit and security of the Lenders, any Person secured hereby and any and all future holders of an interest in the Indebtedness and the interest thereon for so long as same remains unpaid and thereafter for so long as any Lender or any Person secured hereby (or any Lender Affiliate) has any obligations under the Credit Agreement to lend money or issue Letters of Credit in favor of the Mortgagor or has any obligations under any Hedging Agreements (including those described in Section 1.03(c) and Section 1.03(d)) or until the Liens hereby created are released by the Mortgagee; it being understood and agreed that possession of any Note (or any replacements of any said Note) at any time by the Borrower shall not in any manner extinguish the Indebtedness, such Notes or this Mortgage securing payment thereof, and the Borrower shall have the right to issue and reissue any of the Notes from time to time as its interest or as convenience may require, without in any manner extinguishing or affecting the Indebtedness, the obligations under any of the Notes, or the security of this Mortgage.
Pro Rata Benefit. This Mortgage is executed and granted for the pro rata benefit and security of the Agent, and the Lenders, and any and all future holders of an interest in the Indebtedness and the interest thereon for whatever period; it being understood and agreed that possession of any Note (or any replacements of said Note) at any time by Mortxxxxx xxxll not in any manner extinguish the Indebtedness, such Note or this Mortgage securing payment thereof, and the Mortgagor shall have the right to issue and reissue any of the Notes from time to time as its interest or as convenience may require, without in any
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Pro Rata Benefit. This Mortgage is executed and granted for the pro rata benefit and security of the Secured Persons and any and all future holders of an interest in the Indebtedness and the interest thereon for so long as same remains unpaid and thereafter until the Release Date; it being understood and agreed that possession of any Note (or any replacements of any said Note) at any time by the Mortgagor shall not in any manner extinguish the Indebtedness, such Notes or this Mortgage securing payment thereof, and the Mortgagor shall have the right to issue and reissue any of the Notes from time to time as its interest or as convenience may require, without in any manner extinguishing or affecting the Indebtedness, the obligations under any of the Notes, or the security of this Mortgage.
Pro Rata Benefit. This Deed of Trust is executed and granted for the pro rata benefit and security of the Mortgagee, any Person secured hereby and any and all future holders of an interest in the Indebtedness and the interest thereon for so long as same remains unpaid and thereafter for so long as any Person secured hereby has any obligations under any promissory note which constitutes Indebtedness under the terms hereof; it being understood and agreed that possession of any such promissory note (or any replacements thereof) at any time by Xxxxxxxxx shall not in any manner extinguish the Indebtedness, such promissory note or this Deed of Trust securing payment thereof, and Mortgagor shall have the right to issue and reissue any such promissory notes from time to time as its interest or as convenience may require, without in any manner extinguishing or affecting the Indebtedness, the obligations under any of such promissory notes, or the security of this Deed of Trust.
Pro Rata Benefit. An employee who accrues less than 2,080 compensated hours since their anniversary date of employment shall receive a vacation benefit pro-rated from the full-time schedule.
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