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English to Japanese translations [PRO] Law: Contract(s) / construction contract
English term or phrase:due the grantee multiplied by
The mortagage agreement must specifically allow, in case of default, that NIH or its designee may assume the role of mortgator and continue to make payments. If NIH or its designee chooses not to assume the role of mortgator in the case of default, the grantee shall pay NIH an amount equal to the share of the sales proceeds otherwise due the grantee multiplied by the NIH share of the property.