Fee Mortgages definition
Examples of Fee Mortgages in a sentence
Nothing in the foregoing is intended to vitiate or supersede Tenant’s right to enter into Permitted Leasehold Mortgages or Landlord’s right to enter into Fee Mortgages in each case as and to the extent provided herein.
In all instances, equalizing of overtime will be given consideration.
This Restated Lease and Leasehold Estate hereunder shall be prior and superior to all existing and subsequent Fee Mortgages where a non-disturbance agreement has not been obtained, except as otherwise set forth in a Third Party Lease.
The Mortgaged Property (as defined in each of the Fee Mortgages, respectively) is and shall remain subject to and encumbered by the lien, charge and encumbrance of the applicable Fee Mortgage, and nothing herein contained shall affect or be construed to affect the lien or encumbrance of either of the Fee Mortgages or the priority thereof over other liens or encumbrances.
Nothing herein is intended to, nor shall it, constitute a novation of the indebtedness secured by the Collateral Pledge Agreements, the Notes or the Fee Mortgages.