REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE MORTGAGOR. The Mortgagor agrees, covenants, represents and warrants as follows:
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE MORTGAGOR. In addition to the MORTGAGE COVENANTS, the Mortgagor represents, warrants, covenants, and agrees with the Mortgagee as follows:
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE MORTGAGOR. 3 SECTION 2.1 Payment and Performance Obligations............................................. 3 SECTION 2.2 Organization; Authority; Enforceability......................................... 3 SECTION 2.3 Citizenship..................................................................... 3 SECTION 2.4 Ownership of Vessels; Warranty and Defense of Title............................. 3 SECTION 2.5 Perfection...................................................................... 4
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE MORTGAGOR. 7 Section 3.01 Title 7 Section 3.02 Finance Documents 7 Section 3.03 Payment of Taxes, Liens and Charges 8 Section 3.04 Insurance 8 Section 3.05 Casualty; Restoration of Casualty Damage 8 Section 3.06 Condemnation/Eminent Domain 9 Section 3.07 Assignment of Leases and Rents 9 Section 3.08 Restrictions on Transfers and Encumbrances 10 Section 3.09 Security Agreement 10 Section 3.10 Filing and Recording 11 Section 3.11 Further Assurances 11 Section 3.12 Additions to Encumbered Property 12 Section 3.13 No Claims Against the Mortgagee 12 ARTICLE IV. DEFAULTS AND REMEDIES 12 Section 4.01 Events of Default 12 Section 4.02 Demand for Payment 12 Section 4.03 Rights to Take Possession, Operate and Apply Revenues 13 Section 4.04 Right to Cure the Mortgagor’s Failure to Perform 13 Section 4.05 Right to a Receiver 14 Section 4.06 Foreclosure and Sale 14 Section 4.07 Other Remedies 15 Section 4.08 Application of Sale of Proceeds and Rents 15 Section 4.09 The Mortgagor as Tenant Holding Over 16
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE MORTGAGOR. The Mortgagor represents and warrants to and covenants with the Mortgagee, as follows:
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE MORTGAGOR. Section 3.01. Corporate Status of Mortgagor...................................6 Section 3.02. Outstanding Liens...............................................6 Section 3.03.
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE MORTGAGOR. In order to induce the Mortgagee and the holders of the Notes to enter into the Indenture and to induce the holders of the Notes to purchase their Notes thereunder, the Mortgagor represents and warrants to the Mortgagee and the holders of the Notes and covenants with the Mortgagee and the holders of the Notes that:
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE MORTGAGOR. The Mortgagor represents, warrants, covenants and agrees with Mortgagee as follows:
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE MORTGAGOR. In order to induce the Mortgagee to make the Loan provided for in the Loan Agreement and for Mortgagee to accept this Mortgage as collateral security for the payment of its obligations contained in the Loan Agreement, the Mortgagor represents and warrants to the Mortgagee and covenants with the Mortgagee that:
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE MORTGAGOR
