Common use of Continuing Rights Clause in Contracts

Continuing Rights. The rights and powers of Assignee or any receiver appointed hereunder shall continue and remain in full force and effect until all Indebtedness Secured Hereby, including any deficiency remaining from a foreclosure sale, are paid in full, and shall continue after commencement of a foreclosure action and after foreclosure sale and until expiration of the equity of redemption, if the Assignee be the purchaser at a foreclosure sale.

Appears in 1 contract

Sources: Assignment of Rents and Leases (Navarre Corp /Mn/)

Continuing Rights. The rights and powers of Assignee or any receiver appointed hereunder shall continue and remain in full force and effect until all Indebtedness Secured Herebyindebtedness secured hereby, including any deficiency remaining from a foreclosure sale, are paid in full, and shall continue after commencement of a foreclosure action and and, if Assignee be the purchaser at the foreclosure sale, after foreclosure sale and until expiration of the equity of redemption, if the Assignee be the purchaser at a foreclosure sale.

Appears in 1 contract

Sources: Loan Agreement (Jameson Inns Inc)

Continuing Rights. The rights and powers of Assignee or any receiver appointed hereunder shall continue and remain in full force and effect until all Indebtedness Secured HerebyIndebtedness, including any deficiency remaining from a sale of the Premises pursuant to a foreclosure sale, are or sale pursuant to any power of sale under the Deed of Trust is paid in full, and shall continue after commencement of a an action to foreclosure action the Deed of Trust or to exercise any such power of sale thereunder and after foreclosure sale and until expiration of the equity any period of redemption, if the Assignee be the purchaser at a foreclosure sale.

Appears in 1 contract

Sources: Assignment of Rents, Leases, Income and Revenues (Jubilee Gaming Enterprises Inc)

Continuing Rights. The rights and powers of the Assignee or any receiver appointed hereunder shall continue and remain in full force and effect until all Indebtedness Secured HerebyIndebtedness, including any deficiency remaining from a foreclosure sale, are paid in full, and shall continue after commencement of a foreclosure action and and, if the Assignee be the purchaser at the foreclosure sale, after foreclosure sale and until expiration of the equity of redemption, if the Assignee be the purchaser at a foreclosure sale.

Appears in 1 contract

Sources: Loan Agreement (Founders Food & Firkins LTD /Mn)

Continuing Rights. The rights and powers of Assignee or any ----------------- receiver appointed hereunder shall continue and remain in full force and effect until all Indebtedness Secured Hereby, including any deficiency remaining from a foreclosure sale, are paid in full, and shall continue after commencement of a foreclosure action and after foreclosure sale and until expiration of the equity any period of redemption, if the Assignee be the purchaser at a foreclosure sale.

Appears in 1 contract

Sources: Loan Agreement (Jameson Inns Inc)

Continuing Rights. The rights and powers of Assignee or any receiver appointed hereunder shall continue and remain in full force and effect until all Indebtedness Secured HerebyIndebtedness, including any deficiency remaining from a foreclosure sale, are paid in full, and shall continue after commencement of a foreclosure action and and, if Assignee be the purchaser at the foreclosure sale, after foreclosure sale and until expiration of the equity of redemption, if the Assignee be the purchaser at a foreclosure sale.

Appears in 1 contract

Sources: Assignment of Leases and Rents (Manufactured Housing Properties Inc.)