Common use of Title to Mortgaged Property and Lien of this Instrument Clause in Contracts

Title to Mortgaged Property and Lien of this Instrument. With respect to the property identified at Exhibit A hereto, Grantor owns, or has valid leasehold rights to, as applicable, the Mortgaged Property free and clear of any liens, claims or interests, except for Permitted Liens, or matters disclosed in title opinions delivered to Beneficiary by counsel to Grantor contemporaneously herewith, and this Deed of Trust creates valid, enforceable first priority liens and security interests against the Mortgaged Property identified at Exhibit A. With respect to the Mortgaged Property identified at Exhibit B and Exhibit C hereto, Grantor does not warrant title, but to Grantor’s knowledge Grantor owns, or has valid leasehold rights to, as applicable, the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Liens, and this Deed of Trust creates valid, enforceable liens and security interests against the Mortgaged Property only to the extent of Grantor’s interests therein. Adverse matters of title that are known to Grantor and which are material to the continuing business operations of Grantor are disclosed on the Exhibits, where applicable. If adverse matters of title which are material to the continuing business operations of Grantor arise at any future time during which this Deed of Trust remains in force, Grantor will promptly advise Credit Facility Agent in writing as to such matters.

Appears in 2 contracts

Samples: Revolving Credit Facility (Consol Energy Inc), Credit Agreement (Consol Energy Inc)

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Title to Mortgaged Property and Lien of this Instrument. With respect to the property identified at Exhibit A and Exhibit B hereto, Grantor Mortgagor owns, or has valid leasehold rights to, as applicable, the Mortgaged Property free and clear of any liens, claims or interests, except for Permitted Liens, or matters disclosed in title opinions delivered to Beneficiary Mortgagee by counsel to Grantor Mortgagor contemporaneously herewith, and this Deed of Trust Mortgage creates valid, enforceable first priority liens and security interests against the Mortgaged Property identified at Exhibit A. A and Exhibit B. With respect to the Mortgaged Property identified at Exhibit B C and Exhibit C D hereto, Grantor Mortgagor does not warrant title, but to GrantorMortgagor’s knowledge Grantor Mortgagor owns, or has valid leasehold rights to, as applicable, the Mortgaged Property free and clear of any liens, claims or interests, except the Permitted Liens, and this Deed of Trust Mortgage creates valid, enforceable liens and security interests against the Mortgaged Property only to the extent of GrantorMortgagor’s interests therein. Adverse matters of title that are known to Grantor Mortgagor and which are material to the continuing business operations of Grantor Mortgagor are disclosed on the Exhibits, where applicable. If adverse matters of title which are material to the continuing business operations of Grantor Mortgagor arise at any future time during which this Deed of Trust Mortgage remains in force, Grantor Mortgagor will promptly advise Credit Facility Agent in writing as to such matters.

Appears in 2 contracts

Samples: Credit Agreement (Consol Energy Inc), Revolving Credit Facility (Consol Energy Inc)

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