Common use of Use of the Real Property Clause in Contracts

Use of the Real Property. Mortgagor agrees that it shall not permit the public to use the Real Property in any manner that might tend, in Mortgagee's reasonable judgment, to impair Mortgagor's title to such property or any portion thereof, or to make possible any claim or claims of easement by prescription or of implied dedication to public use.

Appears in 6 contracts

Samples: Real Estate Mortgage, Credit Agreement (Aavid Thermal Technologies Inc), Mortgage, Security Agreement, Financing Statement and Assignment of Rents and Leases (Gfsi Inc)

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Use of the Real Property. Mortgagor agrees that it shall not permit the public to use the Real Property in any manner that might tend, in Mortgagee's reasonable judgment, to impair Mortgagor's title to such property or any portion thereof, or to make possible any claim or claims of easement by prescription or of implied dedication to public use. Mortgagor shall not use or permit the use of any part of the Real Property for an illegal purpose, including, without limitation, the violation of any environmental laws, statutes, codes, regulations or practices.

Appears in 1 contract

Samples: Mortgage, Security Agreement, Financing Statement and Assignment of Rents and Leases (Sybron Dental Specialties Inc)

Use of the Real Property. Mortgagor agrees that it shall not permit the public to use the Real Property in any manner that might tend, in Mortgagee's ’s reasonable judgment, adversely to impair Mortgagor's ’s title to such property or any portion thereof, thereof or to make possible any claim or claims of easement by prescription or of implied dedication to public use.to

Appears in 1 contract

Samples: Contribution Deferral Agreement (Yrc Worldwide Inc)

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Use of the Real Property. Mortgagor agrees that it shall not permit the public to use the Real Property in any manner that might tend, in Mortgagee's reasonable judgment, to impair Mortgagor's title to such property or any portion thereof, or to make possible any claim or claims of easement by prescription or of implied dedication to public use. Mortgagor shall not use or permit the use of any part of the Real Property for an illegal purpose, including, without limitation, the violation of any applicable environmental laws, statutes, codes, regulations or practices.

Appears in 1 contract

Samples: Real Estate Mortgage, Security Agreement, Financing Statement and Assignment of Rents and Leases (Sybron Dental Specialties Inc)

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