Common use of Proofs of Claim Clause in Contracts

Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition, seizure of the Mortgaged Property by any Governmental Authority, or other judicial proceedings affecting the Mortgagor, any Guarantor, any endorser, co-maker, surety, or guarantor of the Obligations, or any of their respective properties, the Mortgagee, to the extent permitted by law, shall be entitled to file such proofs of claim and other documents as may be necessary or advisable in order to have its claim allowed in such proceedings for the entire unpaid Obligations at the date of the institution of such proceedings, and for any additional amounts which may become due and payable after such date.

Appears in 3 contracts

Sources: Loan Agreement (Transeastern Properties Inc), Mortgage, Assignment of Rents and Security Agreement (Plasma Therm Inc), Construction Loan Agreement (Plasma Therm Inc)

Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition, seizure of the Mortgaged Property by any Governmental Authority, composition or other judicial proceedings affecting the Mortgagor, any Guarantor, any endorser, co-maker, surety, or guarantor of the Obligationsobligations secured hereby, or any of their respective properties, the Mortgagee, to the extent permitted by law, shall be entitled to file such proofs of claim and other documents as may be necessary or advisable in order to have its claim allowed in such proceedings for the entire unpaid Obligations obligations at the date of the institution of such proceedings, and for any additional amounts which may become due and payable after such date.

Appears in 2 contracts

Sources: Mortgage Deed and Security Agreement (AGU Entertainment Corp.), Third Mortgage Deed and Security Agreement (AGU Entertainment Corp.)

Proofs of Claim. In the case of any receivership, insolvencyInsolvency, bankruptcyBankruptcy, reorganization, arrangement, adjustment, composition, seizure of the Mortgaged Property by any Governmental Authority, composition or other judicial proceedings affecting Trustor, or, to the Mortgagorextent the same would result in an Event of Default hereunder, any GuarantorSubsidiary, or any endorserguarantor, co-maker, surety, maker or guarantor endorser of the Obligations, or any of their respective propertiesTrustor's obligations, the Mortgageeits creditors or its property, Beneficiary, to the extent permitted by law, shall be entitled to file such proofs of claim and or other documents as it may deem to be necessary or advisable in order to have its claim claims allowed in such proceedings for the entire unpaid Obligations amount due and payable by Trustor under the Notes, any other Mortgage Notes Indenture Security Document or any other Security Document, at the date of the institution of such proceedings, and for any additional amounts which may become due and payable by Trustor after such date.

Appears in 2 contracts

Sources: Leasehold Deed of Trust, Assignment of Rents and Leases and Security Agreement (Grand Canal Shops Mall Construction LLC), Deed of Trust (Grand Canal Shops Mall Construction LLC)

Proofs of Claim. In the case of any receivership, insolvencyInsolvency, bankruptcyBankruptcy, reorganization, arrangement, adjustment, composition, seizure of the Mortgaged Property by any Governmental Authority, composition or other judicial proceedings affecting Trustor, or, to the Mortgagorextent the same would result in an Event of Default hereunder, any GuarantorSubsidiary, or any endorserguarantor, co-maker, surety, maker or guarantor endorser of the Obligations, or any of their respective propertiesTrustor's obligations, the Mortgageeits creditors or its property, Beneficiary, to the extent permitted by law, shall be entitled to file such proofs of claim and or other documents as it may deem to be necessary or advisable in order to have its claim claims allowed in such proceedings for the entire unpaid Obligations amount due and payable by Trustor under the Loan Document, at the date of the institution of such proceedings, and for any additional amounts which may become due and payable by Trustor after such date.

Appears in 2 contracts

Sources: Credit Agreement (Wynn Resorts LTD), Credit Agreement (Wynn Las Vegas LLC)

Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition, seizure of the Mortgaged Property by any Governmental Authority, or other judicial proceedings affecting the Mortgagor, any Guarantor, any endorser, co-maker, surety, or guarantor of the Obligations, or any of their respective properties, the Mortgagee, to the extent permitted by law, shall be entitled to file such proofs of claim and other documents as may be necessary or advisable in order to have its claim allowed in such proceedings for the entire unpaid Obligations at the date of the institution of such proceedings, and for any additional amounts which may become due and payable after such date.

Appears in 1 contract

Sources: Mortgage, Assignment of Rents and Security Agreement (Ivax Diagnostics Inc)

Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition, seizure of the Mortgaged Property by any Governmental Authority, or other judicial proceedings affecting the Mortgagor, any Guarantor, any endorser, co-maker, surety, or guarantor of the Obligations, or any of their respective properties, the Mortgagee, to the extent permitted by law, shall be entitled to file such proofs of claim and other documents as may be maybe necessary or advisable in order to have its claim allowed in such proceedings for the entire unpaid Obligations at the date of the institution of such proceedings, and for any additional amounts which may become due and payable after such date.

Appears in 1 contract

Sources: Mortgage Modification Agreement (Thackeray Corp)

Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition, seizure of the Mortgaged Property by any Governmental Authority, or other judicial proceedings affecting the Mortgagor, any Guarantorguarantor, any endorser, co-maker, surety, or guarantor surety of the Obligations, or any of their respective properties, the Mortgagee, to the extent permitted by law, shall be entitled to file such proofs of claim and other documents as may be necessary or advisable in order to have its claim allowed in such proceedings for the entire unpaid Obligations at the date of the institution of such proceedings, and for any additional amounts which may become due and payable after such date.

Appears in 1 contract

Sources: Open End Mortgage Deed (AstroNova, Inc.)

Proofs of Claim. In the case of any receivership, insolvencyInsolvency, bankruptcyBankruptcy, reorganization, arrangement, adjustment, composition, seizure of the Mortgaged Property by any Governmental Authority, composition or other judicial proceedings affecting Trustor, or, to the Mortgagorextent the same would result in an Event of Default hereunder, any GuarantorSubsidiary, or any endorserguarantor, co-maker, surety, maker or guarantor endorser of the Obligations, or any of their respective propertiesTrustor's obligations, the Mortgageeits creditors or its property, Beneficiary, to the extent permitted by law, shall be entitled to file such proofs of claim and or other documents as it may deem to be necessary or advisable in order to have its claim claims allowed in such proceedings for the entire unpaid Obligations amount due and payable by Trustor under the Notes, any other Loan Document, at the date of the institution of such proceedings, and for any additional amounts which may become due and payable by Trustor after such date.

Appears in 1 contract

Sources: Deed of Trust (Aladdin Capital Corp)

Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition, seizure of the Mortgaged Property by any Governmental Authority, or other judicial proceedings affecting the Mortgagor, any Guarantor, any endorser, co-maker, surety, or guarantor of the Obligations, or any of their respective properties, the Mortgagee, to the extent permitted by law, shall be entitled to file such proofs of claim and other documents as may be necessary or advisable in order to have its claim allowed in such proceedings for the entire unpaid Obligations at the date of the institution of such proceedings, and for any additional amounts which may become due and payable after such date.

Appears in 1 contract

Sources: Term Loan Agreement (Acadia Realty Trust)

Proofs of Claim. In the case of any receivership, insolvencyInsolvency, bankruptcyBankruptcy, reorganization, arrangement, adjustment, composition, seizure of the Mortgaged Property by any Governmental Authority, composition or other judicial proceedings affecting Trustor, or, to the Mortgagorextent the same would result in an Event of Default hereunder, any GuarantorSubsidiary, or any endorserguarantor, co-maker, surety, maker or guarantor endorser of the Obligations, or any of their respective propertiesTrustor's obligations, the Mortgageeits creditors or its property, Beneficiary, to the extent permitted by law, shall be entitled to file such proofs of claim and or other documents as it may deem to be necessary or advisable in order to have its claim claims allowed in such proceedings for the entire unpaid Obligations amount due and payable by Trustor under the Indenture Documents, at the date of the institution of such proceedings, and for any additional amounts which may become due and payable by Trustor after such date.

Appears in 1 contract

Sources: Deed of Trust, Assignment of Rents and Leases, Security Agreement and Fixture Filing (Wynn Las Vegas LLC)

Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition, seizure of the Mortgaged Property by any Governmental Authority, or other judicial proceedings affecting the Mortgagor, any Guarantor, any endorser, co-maker, surety, or guarantor of the Obligations, or any of their respective properties, the Mortgagee, to the extent permitted by law, shall be entitled to file such proofs of claim and other documents as may be necessary or advisable in order to have its claim allowed in such proceedings for the entire unpaid Obligations at the date of the institution of such proceedings, and for any additional amounts which may become due and payable after such date.

Appears in 1 contract

Sources: Fee and Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (Inland Diversified Real Estate Trust, Inc.)