Common use of RATIFICATION OF LIEN Clause in Contracts

RATIFICATION OF LIEN. Neither this First Amendment, the 1995 Plan, the Indenture, the reissuance of the Notes in replacement form nor the 1995 Amended Collateral Agreement extinguishes, terminates or acts as a novation of (or will be deemed to extinguish, terminate or act as a novation of) the Deed of Trust or the lien created thereby, or otherwise adversely affects or otherwise impairs the lien created by the Deed of Trust, and the Deed of Trust and the lien created thereby is hereby ratified and confirmed and remains validly existing and in full force and effect. For purposes of the Deed of Trust, as amended by this First Amendment, the term "Liabilities" shall not impose on MRT any greater indebtedness, liability or obligation than as such term was defined prior to the date of this First Amendment.

RATIFICATION OF LIEN. Neither this First Second Amendment, the 1995 Plan, the Indenture, the reissuance of the Notes in replacement form nor the 1995 Amended Collateral Agreement extinguishes, terminates or acts as a novation of (or will be deemed to extinguish, terminate or act as a novation of) the Deed of Trust Mortgage or the lien created thereby, or otherwise adversely affects or otherwise impairs the lien created by the Deed of TrustMortgage, and the Deed of Trust Mortgage and the lien created thereby is hereby ratified and confirmed in all respects and remains validly existing and in full force and effect. For purposes of the Deed of TrustMortgage, as amended by this First Second Amendment, the term "Liabilities" shall not impose on MRT any greater indebtedness, liability or obligation than as such term was defined prior to the date of this First Second Amendment.

RATIFICATION OF LIEN. Neither this First Second Amendment, the 1995 Plan, the Indenture, the reissuance of the Notes in replacement form nor the 1995 Amended Collateral Agreement extinguishes, terminates or acts as a novation of (or will be deemed to extinguish, terminate or act as a novation of) the Deed of Trust or the lien created thereby, or otherwise adversely affects or otherwise impairs the lien created by the Deed of Trust, and the Deed of Trust and the lien created thereby is hereby ratified and confirmed in all respects and remains validly existing and in full force and effect. For purposes of the Deed of Trust, as amended by this First Second Amendment, the term "Liabilities" shall not impose on MRT any greater indebtedness, liability or obligation than as such term was defined prior to the date of this First Second Amendment.

RATIFICATION OF LIEN. Neither this First Amendment, the 1995 Plan, the Indenture, the reissuance of the Notes in replacement form nor the 1995 Amended Collateral Agreement extinguishes, terminates or acts as a novation of (or will be deemed to extinguish, terminate or act as a novation of) the Deed of Trust or the lien created thereby, or otherwise adversely affects or otherwise impairs the lien created by the Deed of TrustMortgage, and the Deed of Trust Mortgage and the lien created thereby is hereby ratified and confirmed and remains validly existing and in full force and effect. For purposes of the Deed of TrustMortgage, as amended by this First Amendment, the term "Liabilities" shall not impose on MRT any greater indebtedness, liability or obligation than as such term was defined prior to the date of this First Amendment.