Examples of Mortgage Borrower in a sentence
For so long as Borrower’s leasehold interest in any Ground Lease shall remain subject to the lien of the Mortgage, Borrower shall exercise each option to extend Ground Lease in accordance with the terms thereof, as and when Borrower has the right to exercise such extension option under such Ground Lease, and shall deliver to Lender a copy of any extension notice delivered by Borrower to the lessor under such Ground Lease.
For so long as Borrower’s leasehold interest in any Ground Lease shall remain subject to the lien of the Mortgage, Borrower shall not amend, modify, terminate or consent to the termination of such Ground Lease (and any such amendment, modification or termination of any Ground Lease in violation hereof shall constitute “willful misconduct” under Section 9.3(b)(ii) hereof).
In addition, each Holder shall have the right from time to time to request that the Administrator request from the Mortgage Borrower (and the Administrator shall so request the Mortgage Borrower for) such other documents, reports, estoppels and/or certifications that the Mortgage Borrower is required to deliver under the Loan Documents.