Examples of Lessee Security Agreement in a sentence
The Lessee agrees to comply with its obligations under the Lessee Regulatory Agreement and the Lessee Security Agreement, and agrees that a default by the Lessee under the Lessee Regulatory Agreement or Lessee Security Agreement shall be deemed to be a default under this Lease.
At the time of the closing of the Mortgage Loan, the Lessee agrees to execute the Lessee Regulatory Agreement and the Lessee Security Agreement, and other applicable documents evidencing the Lender’s security interest in the collateral of the Lessee.
Owner/Lessor and Lessee acknowledge that any proposed assignee will be required to execute a Lessee Regulatory Agreement and a Lessee Security Agreement, each in form and substance satisfactory to HUD, as a prerequisite to any such approval.
The Lessee Security Agreement authorizes the Mortgagee to file financing statements pursuant to the Uniform Commercial Code, which name the Lessee as debtor and identify the Lessee’s Collateral, in such locations as are necessary and appropriate under the Uniform Commercial Code.
Lessee Security Agreement notwithstanding any provisions of the AR Lender Loan Documents.