Mortgages and Security Interests. There are no mortgages, deeds of trust, security interests or financing statements encumbering the Assets, except to the extent the same relates only to a Permitted Encumbrance.
Mortgages and Security Interests. (a) Subject to Section 2.1(h) and Section 3.7(b), and the requirement in Section 2.1(f) that all Overriding Royalty Interests be conveyed free and clear of all burdens and Liens other than Permitted Liens, nothing herein shall prevent Grantor or its Affiliates from granting a Lien in any interest of Grantor or any of its Affiliates in any property, including the Subject Interests or any Hydrocarbons. Grantor shall have no right to encumber any Overriding Royalty Interest with any Lien.
Mortgages and Security Interests. There are no mortgages, deeds of trust, security interests or financing statements encumbering the Properties.
Mortgages and Security Interests. The Company represents and warrants that the liens and security interests granted to the Bank pursuant to Section 2.17 of the Agreement, Section 5 of the First Amendment and subsection 8(d) of the Third Amendment, as amended by Section 2 of the Ninth Amendment, shall, except to the extent that such liens and security interests shall have been released, secure, inter alia, the obligations of the Company arising under the Agreement. The obligations of the Company arising pursuant to this Thirteenth Amendment shall constitute "Debt" as defined in:
Mortgages and Security Interests. All filings, including all applicable UCC-1 filings pursuant to the Code, recordings and other actions deemed necessary or desirable by Lender in order to establish, protect, preserve and perfect (i) the Mortgage as a first naval mortgage on the whole of each Vessel in favor of Lender and Lender’s lien on and security interest in all other Collateral as a valid perfected first priority security interest, (ii) the Collateral Vessel Owners’ Second Mortgage as a second naval mortgage on the whole of each Collateral Vessel in favor of Lender and Lender’s lien on and security interest in all other collateral securing the Collateral Vessel Owners’ Guaranty as a valid perfected second priority security interest, shall all have been duly effected, including, without limitation, the filing of financing statements and the filing and recordation of the Mortgages and the Collateral Vessel Owners’ Mortgages and all other actions required to perfect Lender’s security interest in the Collateral, all in form and substance satisfactory to Lender, and all fees, taxes and other charges relating to such filings and recordings shall have been paid by the Debtors. Lender shall have received UCC-3 releases or other documents satisfactory to Lender from such Persons as Lender shall deem necessary or desirable to evidence the release of any liens such Person may have on the Collateral.
Mortgages and Security Interests. All filings, including all applicable UCC-1 filings pursuant to the Code, recordings and other actions deemed necessary or desirable by Lender in order to establish, protect, preserve and perfect the Mortgage as a first naval mortgage on the whole of each Vessel in favor of Lender and Lender's lien on and security interest in all other Collateral as a valid perfected first priority security interest shall have been duly effected, including, without limitation, the filing of financing statements and the filing and recordation of the Mortgages and all other actions required to perfect Lender's security interest in the Collateral, all in form and substance satisfactory to Lender, and all fees, taxes and other charges relating to such filings and recordings shall have been paid by the Debtors. Lender shall have received UCC-3 releases or other documents satisfactory to Lender from such Persons as Lender shall deem necessary or desirable to evidence the release of any liens such Person may have on the Collateral.
Mortgages and Security Interests. Schedule 6.01(o) sets forth a list of all mortgages, deeds of trust, security interests and financing statements encumbering the Asset in connection with such Individual Seller's credit facilities, which mortgages, deeds of trust, security interests and financing statements will be released and/or terminated at Closing.
Mortgages and Security Interests. When executed and delivered, and, if necessary under applicable laws, recorded, the Mortgages will create valid mortgage, deed of trust, or similar Liens upon the Mortgaged Properties, the Land underlying them (which, in the case of Land leased under a Third Party Ground Lease, will be a Lien on the Borrower's leasehold interest in the Land, in all other cases, will be a Lien on the Borrower's or Marriott Ground Lessor's, as applicable, fee simple interest in the Land and, in the case of Land leased under a Marriott Ground Lease, will also be a Lien on the Borrower's leasehold interest in the Land), and the Improvements and valid security interests in the fixtures located thereon, and the Mortgages and accompanying financing statements (if any) will be recorded and filed in such places as may be required and, where appropriate, applicable mortgage, transfer, recording and UCC taxes and fees will be paid, such that the Mortgages will constitute valid first priority mortgage, deed of trust, or similar Liens on the Land and Mortgaged Properties and will create valid perfected first priority security interests of record with respect to the respective Mortgaged Property and related Collateral (except Collateral as to which a security interest cannot be created and perfected by a Mortgage or the filing of a financing statement under the U.C.C.), subject only to the Permitted Liens. When executed and delivered, and, if necessary under applicable laws, when appropriate filings of financing statements are made, the Security Agreement by and between the Borrower and the Lender will create valid first priority security interests with respect to the Collateral named therein, which security interests shall be perfected to the extent that security interests in such Collateral can be perfected by the filing of a financing statement under the U.C.C.
Mortgages and Security Interests. This Lease is subject and subordinate to (i) all ground or underlying leases and the lien of any present and future mortgages and security interests of any lender of Master Landlord, now and hereafter in force against the Premises and to all renewals, modifications, consolidations, replacements and extensions of such mortgages or security interests and to all advances made or hereafter to be made upon the security of such mortgages and security interests and (ii) all things to which the Master Lease is subject, subject in each case to the terms and conditions of the Master Lease. Landlord hereby agrees that in no event shall Landlord be permitted to grant a mortgage lien on or otherwise encumber with a security interest its interest in the Master Lease.
Mortgages and Security Interests
