Examples of Mortgage Deliverables in a sentence
Notwithstanding anything to the contrary set forth in this Agreement or in any other Loan Document, in no event shall any Loan Party be required to deliver Mortgage Deliverables with respect to any Real Estate Asset that is not a Material Real Estate Asset.
Notwithstanding the foregoing, if the Company is unable to provide a Mortgage on any real property required to be so mortgaged hereunder or any applicable Mortgage Deliverables on the Issue Date (the foregoing, collectively, the “Issue Date Mortgage Deliverables”), the Company need not provide such Issue Date Mortgage Deliverables on such date, but shall use commercially reasonable efforts to do so as promptly as practicable and in any event within 180 days from such date.
At the end of the Security Period, the Mortgagee shall, at the request and cost of the Mortgagor, take whatever action is necessary to release, reassign or discharge (as appropriate) the Mortgaged Property from the Security created under this Deed, including but not limited to return the originals of the Mortgage Deliverables to the Mortgagor.
Notwithstanding the foregoing, if the Company is unable to provide a Mortgage on any real property or any applicable Mortgage Deliverables on the Issue Date, the Company need not provide such Mortgage and Mortgage Deliverables on such date, but shall use commercially reasonable efforts to do so as promptly as practicable and in any event within 120 days from such date.