Senior Secured Note Obligations definition
Examples of Senior Secured Note Obligations in a sentence
The foregoing appointment is irrevocable and continuing, and such rights, powers and privileges shall be exclusive in Mortgagee, and its successors and assigns, so long as any part of the Senior Secured Note Obligations remains unpaid or unperformed and undischarged.
The liabilities of Mortgagor as set forth in this Section 3.07 shall survive the termination of this Mortgage and the repayment of the Senior Secured Note Obligations.
Such sale may be made subject to the unmatured portion of the Senior Secured Note Obligations, and any such sale shall not in any manner affect the unmatured portion of the Senior Secured Note Obligations, but as to such unmatured portion of the Senior Secured Note Obligations this Mortgage shall remain in full force and effect just as though no sale had been made hereunder.
Mortgagor hereby agrees to receive all Rents and hold the same as a trust fund to be applied, and to apply the Rents so collected, except to the extent otherwise provided in the Indenture, first to the payment, performance and discharge of the Senior Secured Note Obligations and then to the payment of the Impositions.
Mortgagor shall duly and punctually pay and perform all of the Senior Secured Note Obligations as and to the extent and in the manner set forth in the Indenture.