Common use of Waiver of Redemption, Notice and Marshalling of Assets Clause in Contracts

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) all notices of any Event of Default or of Beneficiary’s or Trustee’s election to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 3 contracts

Sources: Deed of Trust (Green Plains Inc.), Deed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing (Green Plains Inc.), Deed of Trust, Security Agreement and Fixture Filing (KBS Strategic Opportunity REIT, Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) all notices of any Event of Default or of Beneficiary’s any election by Trustee, Beneficiary or Trustee’s election the Lenders to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 2 contracts

Sources: Amendment and Restatement and Additional Term Loan Assumption Agreement (Skilled Healthcare Group, Inc.), Amendment and Restatement Agreement (Skilled Healthcare Group, Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor Borrower hereby irrevocably and unconditionally waives and releases (ai) all benefit that might accrue to Grantor Borrower by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (bii) all notices of any Event of Default or of Beneficiary’s or Trustee’s election to exercise or the his actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (ciii) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Deed of Trust (American Assets Trust, Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property Collateral from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) all notices of any Event of Default or of Beneficiary’s or or, as applicable, Trustee’s election to exercise or the its actual exercise of any right, remedy or recourse provided for under the Loan DocumentsDocuments or at law or in equity, and (c) any right to a marshalling of assets or a sale in inverse order of alienationassets.

Appears in 1 contract

Sources: Credit Agreement (Jubilant Generics Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption redemption, or extension of time for payment, (b) all notices of any Event of Default or of BeneficiaryTrustee’s or TrusteeBeneficiary’s election to exercise or the their actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.. DEED OF TRUST, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING - 29

Appears in 1 contract

Sources: Deed of Trust (Wells Mid-Horizon Value-Added Fund I LLC)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Trust Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) except as required by the Loan Documents, all notices of any Event of Default or of Beneficiary’s any election by Trustee or Trustee’s election Beneficiary to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Line of Credit Deed of Trust (Erickson Air-Crane Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Trust Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) unless otherwise required under any of the Loan Documents, all notices of any Event of Default or of Beneficiary’s any election by Trustee or Trustee’s election Beneficiary to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Deed of Trust, Assignment of Rents and Leases and Security Agreement (Interdent Inc)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (ai) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property Collateral from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (bii) all notices of any Event of Default or of Beneficiary’s or Trustee’s election to exercise or the his actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (ciii) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Deed of Trust Assignment of Leases and Rents, Security Agreement, Fixture Filing and Financing Statement (KBS Strategic Opportunity REIT, Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Trust Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) except as required by the Secured Documents, all notices of any Event of Default or of Beneficiary’s any election by Trustee or Trustee’s election Beneficiary to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Secured Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Line of Credit Deed of Trust (Erickson Air-Crane Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) all notices of any Event of Default or of Beneficiary’s or Trustee’s election to exercise or the actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any c)any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Deed of Trust and Security Agreement (NNN 2003 Value Fund LLC)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor Borrower hereby irrevocably and unconditionally waives and releases releases (a) all benefit that might accrue to Grantor Borrower by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) all notices of any Event of Default or of Beneficiary’s Lender's or Trustee’s 's election to exercise or the its actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Lasalle Hotel Properties)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Secured Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) all notices of any Event of Default or of Beneficiary’s or TrusteeGrantee’s election to exercise or the its actual exercise of any right, remedy or recourse provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Leasehold Deed to Secure Debt and Security Agreement (Meredith Enterprises Inc)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) all notices of any Event of Default or of Beneficiary’s or Trustee’s election to exercise or the his actual exercise of any right, remedy or recourse 2281017_1.DOC provided for under the Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Deed of Trust, Security Agreement and Fixture Filing (360 Global Wine Co)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor Borrower hereby irrevocably and unconditionally waives and releases releases (a) all benefit that might accrue to Grantor Borrower by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) all notices of any Event of Default or of Beneficiary’s or Trustee’s Lender's election to exercise or the its actual exercise of any right, remedy or recourse provided for under the Loan Documents and the Other Loan Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Second Fee and Leasehold Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Lasalle Hotel Properties)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property Collateral from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) all notices of any Event of Default or of Beneficiary’s or TrusteeGrantee’s election to exercise or the its actual exercise of any right, remedy or recourse provided for under the Loan DocumentsDocuments or at law or in equity, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Mortgage, Security Agreement and Fixture Filing (GTJ REIT, Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases releases (a) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (b) all notices of any Event of Default or of Agent's or Beneficiary’s or Trustee’s =s election to exercise or the its actual exercise of any right, remedy or recourse provided for under the Loan Financing Documents, and (c) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Sources: Mortgage, Assignment of Rents and Leases, and Security Agreement (Otr Express Inc/Ks)