Mortgaged Leases definition

Mortgaged Leases shall have the meaning assigned to such term in Recital F hereof.
Mortgaged Leases means the leases described on Schedule B attached hereto.
Mortgaged Leases means all of Grantor’s leasehold interests in and to the Hydrocarbons, the Hydrocarbon Property, the Premises, and all other property interests identified at Exhibit A hereto.

Examples of Mortgaged Leases in a sentence

  • Mortgagor acknowledges that because the Mortgaged Leases are a primary element of Mortgagee’s security for the Secured Debt, it is not anticipated that Mortgagee would consent to termination of any Mortgaged Lease.

  • Mortgagor shall not after the date hereof, unless Mortgagor shall receive a subordination, non-disturbance and attornment agreement reasonable acceptable to Mortgagee or except as required under the Mortgaged Leases, permit the subordination of the Mortgaged Leases to any mortgage or deed of trust and any attempt to do any of the foregoing shall be null and void and of no effect and shall constitute an Event of Default hereunder.

  • This assignment constitutes a present, irrevocable, and unconditional assignment of all damage claims under the Mortgaged Leases, and shall continue in effect until the Secured Obligations have been satisfied in full.

  • This assignment constitutes a present, irrevocable, and unconditional assignment of all damage claims under the Mortgaged Leases, and shall continue in effect until the Obligations have been indefeasibly paid in full in cash, the Letters of Credit have expired or are terminated, and the Commitments terminated.

  • The record owner of (i) the Land described in Exhibit A hereto is the Grantor, (ii) the Mortgaged Leased Land described in Exhibit B hereto is the landlord under the Mortgaged Leases described in such exhibit or its successor in interest as owner of the Mortgaged Leased Land, and (iii) the Easement Land described in Exhibit C hereto is grantor of the Easement Rights described in such exhibit or its successor in interest as owner of the Easement Land.

  • This assignment constitutes a present, irrevocable, and unconditional assignment of all damage claims under the Mortgaged Leases, and shall continue in effect until the Obligations have been satisfied in full.

  • The Mortgagor shall (if it has not already done so), at its sole cost and expense, properly, duly and validly record an appropriate memorandum of the Mortgaged Leases and any material amendments or supplements thereto in each jurisdiction in which any of the land underlying the Leased Premises may be situated.

  • Unless and to the extent contested by the Mortgagor in accordance with the provisions of Article IX hereof, the Mortgagor shall pay and discharge, or cause to be paid and discharged, from time to time when the same shall become due, all Charges that the Mortgagor is required to pay under the Mortgaged Leases.

  • Upon request of the Mortgagee, the Mortgagor shall, subject to the terms of the Mortgaged Leases, request from the Lessor an estoppel certificate, addressed to the Mortgagee, stating that there is no default under the Mortgaged Leases, or any state of facts which, with the passage of time or notice or both, would constitute a default thereunder, or if there be any default under the Mortgaged Leases, giving the details thereof.

  • In the case of the Owned Premises, except to the extent to do so shall be Xxxxxx'x obligation under the Mortgaged Leases, Black Hawk and Black Hawk/Xxxxxx shall at all times maintain the Owned Premises in good working order, condition and repair, reasonable wear and tear excepted, and shall use commercially reasonable efforts to make or cause to be made all repairs structural or nonstructural which are necessary or appropriate in the conduct of such Grantors' business.


More Definitions of Mortgaged Leases

Mortgaged Leases means, collectively, (i) the Ground Lease, (ii) the Facilities Lease, and (iii) the Facilities Sublease, in each case, together with all amendments thereto, assignments, modifications, extensions and renewals thereof, and all credits, deposits, options, privileges and rights of any of the Grantors as tenant thereunder, including, but not limited to, rights of first refusal, if any, rights, if any, to renew or extend for a succeeding term or terms, and options to purchase, if any, all or any portion of the respective premises demised thereunder.
Mortgaged Leases shall have the meaning assigned to such erm in Recital E hereof
Mortgaged Leases or “Mortgaged Easements”: shall mean all of Mortgagor’s leasehold or easement interests, as applicable, in those certain lease agreements and Easements identified on Exhibit A hereto (together with all assignments, modifications, extensions and renewals of such leases or Easement and all credits, deposits, options, priviliges and rights of the Mortgagor as tenant or grantee under such leases or Easements), pursuant to which Mortgagor leases or holds rights to use all or a portion of the Premises.
Mortgaged Leases means all of Mortgagor’s leasehold interests in and to the Hydrocarbons which may be produced, saved from or associated with any of the real property identified at Exhibit A, the Hydrocarbon Interests associated with the real property identified on Exhibit A, the Premises, and all other leasehold property interests identified at Exhibit A hereto.
Mortgaged Leases means, collectively, (i) the Ground Lease and (ii) the Facilities Lease, in each case, together with all assignments, modifications, extensions and renewals of the Mortgaged Leases and all credits, deposits, options, privileges and rights of the Grantor as tenant under the Mortgaged Leases, including, but not limited to, rights of first refusal, if any, and the right, if any, to renew or extend the Mortgaged Leases for a succeeding term or terms and the option to purchase, if any, all or any portion of the Premises demised under the Mortgaged Leases.
Mortgaged Leases means, collectively, (i) the Ground Lease, (ii) the Facilities Lease and (iii) the Sublease, in each case, together with all assignments, modifications, extensions and renewals of the Mortgaged Leases and all credits, deposits, options, privileges and rights of any of the Grantors as tenant under the Mortgaged Leases, including, but not limited to, rights of first refusal, if any, and the right, if any, to renew or extend the Mortgaged Leases for a succeeding term or terms and the option to purchase, if any, all or any portion of the respective premises demised under the Mortgaged Leases.

Related to Mortgaged Leases

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.