Common use of Removal of Fixtures Clause in Contracts

Removal of Fixtures. Except as permitted in the Indenture or the Security Agreement, Mortgagor shall not remove or permit to be removed from the Real Estate any fixtures presently or in the future owned by Mortgagor as the term “fixtures” is defined by the law of the state where the Property is located (unless such fixtures have been replaced with similar fixtures of equal or greater utility and value).

Appears in 4 contracts

Samples: Multiple Indebtedness Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Styrochem U S LTD), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Styrochem U S LTD), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Styrochem U S LTD)

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Removal of Fixtures. Except as permitted in the Indenture Credit Agreement or the Tranche A Security Agreement, Mortgagor shall not remove or permit to be removed from the Real Estate any fixtures presently or in the future owned by Mortgagor as the term “fixtures” is defined by the law of the state where the Property is located (unless such fixtures have been replaced with similar fixtures of equal or greater utility and value).

Appears in 4 contracts

Samples: Multiple Indebtedness Mortgage (Radnor Holdings Corp), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Radnor Holdings Corp), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Radnor Holdings Corp)

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Removal of Fixtures. Except as permitted in the Indenture or the Security Loan Agreement, Mortgagor shall not remove or permit to be removed from the Real Estate any fixtures presently or in the future owned by Mortgagor as the term "fixtures" is defined by the law of the state where the Property is located (unless such fixtures have been replaced with similar fixtures of equal or greater utility and value).

Appears in 2 contracts

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Radnor Holdings Corp), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Radnor Holdings Corp)

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