Secured Amount. Should the Secured Amount be paid according to the tenor and effect thereof when the same becomes due and payable hereunder, and should Lessee perform all covenants contained in the Operative Documents in a timely manner, then this Mortgage shall be cancelled and surrendered.
Appears in 5 contracts
Samples: Lease Agreement (Protective Life Corp), Lease Agreement (Protective Life Insurance Co), Lease Agreement (Protective Life Insurance Co)
Secured Amount. Should the Secured Amount be paid according to the tenor and effect thereof when the same becomes due and payable hereunder, and should the Lessee perform all covenants contained in the Operative Documents in a timely manner, then this the Mortgage shall be cancelled and surrendered.
Appears in 2 contracts
Samples: Master Lease Agreement (American Freightways Corp), Lease Agreement (Krispy Kreme Doughnuts Inc)
Secured Amount. Should the Secured Amount be paid according to -------------- the tenor and effect thereof when the same becomes due and payable hereunder, and should Lessee perform all covenants contained in the Operative Documents in a timely manner, then this the Mortgage shall be cancelled and surrendered.
Appears in 2 contracts
Samples: Lease Agreement (Us Xpress Enterprises Inc), Lease Agreement (Scientific Atlanta Inc)
