Common use of Real Property Security Clause in Contracts

Real Property Security. As security for the Lessee Obligations under Facility 3, Lessee hereby irrevocably and unconditionally grants, conveys, transfers and assigns to Lessor, as trustee under this deed of trust, for the benefit of Lessor, as beneficiary (in trust for the benefit of the Lessor Parties), with power of sale and right of entry and possession, all estate, right, title and interest of Lessee in the following property, whether now owned or leased or hereafter acquired, (collectively, the "Real Property Collateral"):

Appears in 1 contract

Sources: Participation Agreement (Novellus Systems Inc)

Real Property Security. As security for the Lessee Obligations under Facility 31, Lessee hereby irrevocably and unconditionally grants, conveys, transfers and assigns to Lessor, as trustee under this deed of trust, for the benefit of Lessor, as beneficiary (in trust for the benefit of the Lessor Parties), with power of sale and right of entry and possession, all estate, right, title and interest of Lessee in the following property, whether now owned or leased or hereafter acquired, (collectively, the "Real Property Collateral"):

Appears in 1 contract

Sources: Participation Agreement (Novellus Systems Inc)

Real Property Security. As security for the Lessee Obligations under Facility 31, Lessee hereby irrevocably and unconditionally grants, conveys, transfers and assigns to Lessor, as trustee under this deed of trust, for the benefit of Lessor, as beneficiary (in trust for the benefit of the Lessor Parties), with power of sale and right of entry and possession, all estate, right, title and interest of Lessee in the following property, whether now owned or leased or hereafter acquired, (collectively, the "Real Property Collateral"):

Appears in 1 contract

Sources: Participation Agreement (Novellus Systems Inc)

Real Property Security. As security for the Lessee Obligations under Facility 32, Lessee hereby irrevocably and unconditionally grants, conveys, transfers and assigns to Lessor, as trustee under this deed of trust, for the benefit of Lessor, as beneficiary (in trust for the benefit of the Lessor Parties), with power of sale and right of entry and possession, all estate, right, title and interest of Lessee in the following property, whether now owned or leased or hereafter acquired, (collectively, the "Real Property Collateral"):

Appears in 1 contract

Sources: Participation Agreement (Novellus Systems Inc)