Right to Deal. In the event that ownership of the Mortgaged Property becomes vested in a Person other than Grantor, Mortgagee may, without notice to Grantor, deal with such successor or successors in interest with reference to this Mortgage or the Note Obligations in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s or Borrower’s liability hereunder or for the payment or performance of the Note Obligations or being deemed a consent to such vesting.
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Samples: Mortgage, Assignment, Assignment of Rents, Security Agreement, Fixture Filing and Financing Statement (Aventine Renewable Energy Holdings Inc), Leasehold Mortgage (Aventine Renewable Energy Holdings Inc)
Right to Deal. In the event that ownership of the Mortgaged Property becomes vested in a Person other than Grantor, Mortgagee may, without notice to Grantor, deal with such successor or successors in interest with reference to this Mortgage or the Note Secured Obligations in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s 's or Borrower’s 's liability hereunder or for the payment or performance of the Note Secured Obligations or being deemed a consent to such vesting.
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Samples: Indenture (Verasun Energy Corp)
Right to Deal. In the event that ownership of the Mortgaged Property becomes vested in a Person person other than Grantor, Trustee and Mortgagee may, without notice to Grantor, deal with such successor or successors in interest with reference to this Mortgage or the Note Obligations in the same manner as with Grantor, without in any way vitiating or discharging Grantor’s or Borrower’s 's liability hereunder or for the payment or performance of the Note Obligations or being deemed a consent to such vesting.
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