Common use of Security Charging Real Property Clause in Contracts

Security Charging Real Property. Notwithstanding anything to the contrary contained in any Loan Document, to the extent that the charges and security interests created by the Security charge real property or any interest therein such charges and security interests shall secure interest after the occurrence of an Event of Default at the same rates as those in effect prior to such occurrence.

Security Charging Real Property. Notwithstanding anything to the contrary contained in any Loan Document, to the extent that the charges and security interests created by the Security charge real property or any interest therein in real property, such charges and security interests shall secure interest after the occurrence of a Default or an Event of Default at the same rates as those in effect prior to such occurrence.

Security Charging Real Property. Notwithstanding anything to the contrary contained in any Loan Document, to the extent that the charges and security interests created by the Security charge real property or any interest therein therein, the rate at which interest accrues on any secured pursuant to such charges changes and security interests shall secure interest after the occurrence of an Event of Default which is continuing shall be calculated at the same rates as those the rates that were in effect prior to such occurrenceEvent of Default.

Security Charging Real Property. Notwithstanding anything to the contrary contained in any of the Loan DocumentDocuments, to the extent that the charges and security interests Liens created by the Security Documents charge real property or any interest therein such charges and security interests Liens shall secure interest after the occurrence of an Event of Default at the same rates as those in effect immediately prior to such occurrence.

Security Charging Real Property. Notwithstanding anything to the contrary contained in any Loan Document, to the extent that the charges and security interests created by the Security charge real property or any interest therein such charges and security interests on such real property shall secure interest after the occurrence of an Event of Default which is continuing at the same rates as those in effect prior to such occurrence.

Security Charging Real Property. Notwithstanding anything to the contrary contained in any Loan Credit Document, to the extent that the charges and security interests Liens created by the Security charge real property or any interest therein therein, such charges and security interests Liens shall secure interest after the occurrence of an Event of Default at the same rates as those in effect immediately prior to such occurrence.