Common use of Actions and Proceedings Clause in Contracts

Actions and Proceedings. Mortgagee shall have the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and to bring any action or proceeding, in the name and on behalf of Mortgagor, which Mortgagee, in its discretion, shall decide should be brought to protect its interest(s) in the Mortgaged Property.

Appears in 11 contracts

Sources: Third Open End Mortgage Deed, Assignment of Leases and Rents, Security Agreement and Fixture Filing (GTJ REIT, Inc.), Open End Mortgage Deed, Assignment of Leases and Rents, Security Agreement and Fixture Filing (GTJ REIT, Inc.), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (GTJ REIT, Inc.)

Actions and Proceedings. Mortgagee shall have has the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and to bring any action or proceeding, in the name and on behalf of Mortgagor, which Mortgagee, in its discretion, shall decide decides should be brought to protect its interest(s) interest in the Mortgaged Property.

Appears in 7 contracts

Sources: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (FelCor Lodging Trust Inc), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (FelCor Lodging LP), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Par Petroleum Corp/Co)

Actions and Proceedings. The Mortgagee shall have the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and to bring any action or proceeding, in the name and on behalf of the Mortgagor, which the Mortgagee, in its discretion, shall decide determines should be brought to protect its interest(s) interest in the Mortgaged Property.

Appears in 5 contracts

Sources: Mortgage, Security Agreement and Assignment of Leases and Rents, Mortgage, Security Agreement and Assignment of Leases and Rents, Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Boreal Water Collection Inc.)

Actions and Proceedings. Mortgagee shall have has the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and to bring any action or proceeding, in the name and on behalf of Mortgagor, which Mortgagee, in its discretion, shall decide decides should be brought to protect its interest(s) interest in the Mortgaged Property.

Appears in 5 contracts

Sources: Open End Mortgage Deed and Security Agreement, Open End Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (NorthStar Healthcare Income, Inc.), Credit Agreement (DLC Realty Trust, Inc.)

Actions and Proceedings. The Mortgagee shall have the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and to bring any action or proceeding, in the name and on behalf of the Mortgagor, which the Mortgagee, in its discretion, shall decide feels should be brought to protect its interest(s) interest in the Mortgaged Property.

Appears in 4 contracts

Sources: Open Ended Mortgage, Security Agreement and Assignment of Leases and Rents (Igi Inc), Open Ended Mortgage, Security Agreement and Assignment of Leases and Rents (Igi Inc), Open Ended Mortgage, Security Agreement and Assignment of Leases and Rents (Igi Inc)

Actions and Proceedings. Mortgagee shall have has the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and to bring any action or proceeding, in the name and on behalf of Mortgagor, which Mortgagee, in its discretion, shall decide should if not brought by Mortgagor after notice by Mortgagee could reasonably be brought expected to protect its interest(s) in have a Material Adverse Effect on the Mortgaged Propertysecurity afforded to Mortgagee pursuant to this Security Instrument.

Appears in 3 contracts

Sources: Fee and Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (Empire State Realty Trust, Inc.), Fee and Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (Empire State Realty Trust, Inc.), Fee and Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (Empire State Building Associates L.L.C.)

Actions and Proceedings. Mortgagee shall have the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and to bring any action or proceeding, in the name and on behalf of Mortgagor, which the Mortgagee, in its reasonable discretion, shall decide feels should be brought to protect its interest(s) the Mortgagee's interest in the Mortgaged Property.

Appears in 2 contracts

Sources: Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (NRG Generating U S Inc), Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (NRG Generating U S Inc)

Actions and Proceedings. Mortgagee shall have the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and to bring any action or proceeding, in the name and on behalf of Mortgagor, which Mortgagee, Mortgagee in its discretion, shall decide determines should be brought to protect its interest(s) interest in the Mortgaged Property.

Appears in 1 contract

Sources: Consolidated Leasehold Mortgage (Dynasil Corp of America)

Actions and Proceedings. The Mortgagee shall have the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property Premises and to bring any action or proceeding, in the name and on behalf of the Mortgagor, which the Mortgagee, in its discretion, shall decide determines should be brought to protect its interest(s) the Mortgagee's interest in the Mortgaged PropertyPremises.

Appears in 1 contract

Sources: Mortgage (Midwest Express Holdings Inc)

Actions and Proceedings. Mortgagee shall have the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and to bring any action or proceeding, in the name and on 36 30 behalf of Mortgagor, which Mortgagee, in its discretion, shall decide feels should be brought to protect its interest(s) interest in the Mortgaged Property.

Appears in 1 contract

Sources: Lease Agreement (Corporate Realty Consultants Inc)

Actions and Proceedings. Mortgagee shall have has the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and to bring any action or proceeding, in the name and on behalf of Mortgagor, which Mortgagee, in its reasonable discretion, shall decide decides should be brought to protect its interest(s) interest in the Mortgaged Property.

Appears in 1 contract

Sources: Credit Agreement (CBL & Associates Properties Inc)

Actions and Proceedings. Mortgagee shall have has the right to appear in and defend any action or proceeding brought with respect to the Mortgaged Property and, after the occurrence and during the continuance of an Event of Default, to bring any action or proceeding, in the name and on behalf of Mortgagorany of the Mortgagors, which Mortgagee, in its discretion, shall decide decides should be brought to protect its interest(s) interest in the Mortgaged Property.

Appears in 1 contract

Sources: Mortgage, Fixture Filing and Security Agreement (FelCor Lodging Trust Inc)

Actions and Proceedings. Mortgagee shall have the right to appear in ----------------------- and defend any action or proceeding brought with respect to the Mortgaged Property and to bring any action or proceeding, in the name and on behalf of Mortgagor, which Mortgagee, in its discretion, shall decide feels should be brought to protect its interest(s) interest in the Mortgaged Property.

Appears in 1 contract

Sources: Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents (Technology Flavors & Fragrances Inc)