Marshalling and Other Matters. Borrower hereby waives, to the extent permitted by applicable Legal Requirements, the benefit of all appraisement, valuation, stay, extension, reinstatement and redemption laws now or hereafter in force and all rights of marshalling in the event of any sale under the Pledge Agreement of the Collateral or any part thereof or any interest therein. Further, Borrower hereby expressly waives any and all rights of redemption from sale under any order or decree of foreclosure of the Pledge Agreement on behalf of Borrower, and on behalf of each and every person acquiring any interest in or title to the Property subsequent to the date of the Pledge Agreement and on behalf of all persons to the extent permitted by applicable Legal Requirements.
Appears in 4 contracts
Sources: Mezzanine Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Mezzanine Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Mezzanine Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Marshalling and Other Matters. Borrower hereby waives, to the extent permitted by applicable Legal Requirements, the benefit of all appraisement, valuation, stay, extension, reinstatement and redemption laws now or hereafter in force and all rights of marshalling in the event of any sale under the Pledge Agreement of the Collateral or any part thereof or any interest therein. Further, Borrower hereby expressly waives any and all rights of redemption from sale under any order or decree of foreclosure of the Pledge Agreement on behalf of Borrower, and on behalf of each and every person acquiring any interest in or title to the Property Collateral subsequent to the date of the Pledge Agreement and on behalf of all persons to the extent permitted by applicable Legal Requirements.
Appears in 4 contracts
Sources: Mezzanine Loan Agreement (Industrial Logistics Properties Trust), Mezzanine Loan Agreement (Industrial Logistics Properties Trust), Mezzanine Loan Agreement (Industrial Logistics Properties Trust)
Marshalling and Other Matters. Borrower hereby waives, to the extent permitted by applicable Legal Requirements, the benefit of all appraisement, valuation, stay, extension, reinstatement and redemption laws now or hereafter in force and all rights of marshalling in the event of any sale under the Pledge Agreement of or the Collateral or any part thereof or any interest therein. Further, Borrower hereby expressly waives any and all rights of redemption from sale under any order or decree of foreclosure of the Pledge Agreement Collateral on behalf of Borrower, and on behalf of each and every person acquiring any interest in or title to the Property Collateral subsequent to the date of the Pledge Agreement and on behalf of all persons to the extent permitted by applicable Legal Requirements.
Appears in 2 contracts
Sources: Mezzanine Loan Agreement (Morgans Hotel Group Co.), Mezzanine Loan Agreement (Morgans Hotel Group Co.)
Marshalling and Other Matters. Borrower hereby waives, to the extent permitted by applicable Legal Requirementslaw, the benefit of all appraisement, valuation, stay, extension, reinstatement stay and redemption extension laws now or hereafter in force force, and all rights of marshalling in the event of any sale under the Pledge Agreement hereunder of the Collateral Mortgaged Property or any part thereof or any interest therein. Further, to the extent permitted by applicable law, Borrower hereby expressly waives any and all rights of redemption from sale under any order or decree of foreclosure of the Pledge Agreement Mortgage on behalf of Borrower, and on behalf of each and every person acquiring any interest in or title to the Mortgaged Property subsequent to the date of the Pledge this Agreement and on behalf of all persons to the extent permitted by applicable Legal Requirementslaw.
Appears in 2 contracts
Sources: Loan Agreement (Servico Market Center Inc), Loan Agreement (Servico Market Center Inc)
Marshalling and Other Matters. Borrower hereby waives, to To the extent permitted by applicable Legal Requirementslaw, Borrower and Operator each hereby waives the benefit of all appraisement, valuation, stay, extension, reinstatement and redemption laws now or hereafter in force and all rights of marshalling in the event of any sale under the Pledge Agreement hereunder of the Collateral Property or any part thereof or any interest therein. Further, Borrower and Operator each hereby expressly waives any and all rights of redemption from sale under any order or decree of foreclosure of the Pledge Agreement this Mortgage on behalf of BorrowerBorrower or Operator, and on behalf of each and every person Person acquiring any interest in or title to the Property subsequent to the date of the Pledge Agreement this Mortgage and on behalf of all persons to the extent permitted by applicable Legal Requirementslaw.
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Marshalling and Other Matters. Borrower hereby waives, to the extent permitted by applicable Legal Requirementslaw, the benefit of all appraisement, valuation, stay, extension, reinstatement stay and redemption extension laws now or hereafter in force force, and all rights of marshalling in the event of any sale under the Pledge Agreement hereunder of the Collateral Mortgaged Property or any part thereof or any interest therein. Further; to the extent permitted by applicable law, Borrower hereby expressly waives any and all rights of redemption from sale under any order or decree of foreclosure of the Pledge Agreement Mortgage on behalf of Borrower, and on behalf of each and every person acquiring any interest in or title to the Mortgaged Property subsequent to the date of the Pledge this Agreement and on behalf of all persons to the extent permitted by applicable Legal Requirementslaw.
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Marshalling and Other Matters. Borrower hereby waives, to the extent permitted by applicable Legal RequirementsApplicable Law, the benefit of all appraisement, valuation, stay, extension, reinstatement and redemption laws now or hereafter in force and all rights of marshalling in the event of any sale under the Pledge Agreement of the Collateral or any part thereof or any interest therein. Further, Borrower hereby expressly waives any and all rights of redemption from sale under any order or decree of foreclosure of the Pledge Agreement on behalf of Borrower, and on behalf of each and every person acquiring any interest in or title to the Property Collateral subsequent to the date of the Pledge Agreement and on behalf of all persons to the extent permitted by applicable Legal RequirementsApplicable Law.
Appears in 1 contract
Sources: Mezzanine Loan Agreement (Cole Corporate Income Trust, Inc.)
Marshalling and Other Matters. Borrower hereby waives, to the ----------------------------- extent permitted by applicable Legal Requirementslaw, the benefit of all appraisement, valuation, stay, extension, reinstatement reinstatement, redemption and redemption similar laws now or hereafter in force ------------- and all rights of marshalling in the event of any sale under the Pledge Agreement hereunder of the Collateral Mortgaged Property or any part thereof or any interest therein. Further, Borrower hereby expressly waives any and all rights of redemption from sale under any order or decree of foreclosure of the Pledge Agreement this Security Instrument on behalf of Borrower, and on behalf of each and every person acquiring any interest in or title to the Mortgaged Property subsequent to the date of the Pledge Agreement this Security Instrument and on behalf of all persons to the extent permitted by applicable Legal Requirementslaw.
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