Rents and Profits definition

Rents and Profits means collectively all present and future income, rents, revenue, profits, proceeds, accounts receivables and other benefits from the Property and all deposits made with respect to the Property, including, but not limited to, any security given to utility companies by Borrower, any advance payment of real estate taxes or assessments, or insurance premiums made by Borrower and all claims or demands relating to such deposits and other security, including claims for refunds of tax payments or assessments, and all Insurance Proceeds.
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Rents and Profits. As defined in the Security Instrument.
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Rents and Profits shall have the meaning ascribed to such term in the Security Instrument.
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Examples of Rents and Profits in a sentence

  • All Business12 Assets of The Viceroy L’Ermitage Beverly Hills, Including All Chattels and Intangible13 Assets, Inventory, Equipment, and All Leases, Rents and Profits Derived Therefrom14 (“THE L’ERMITAGE BUSINESS ASSETS”).15 d.

  • Borrower hereby grants to Lender the sole, exclusive and immediate right, without taking possession of the Property, to demand, collect * * * receive and give valid and sufficient receipts for any and all of said Rents and Profits * ** However, until the occurrence of an Event of Default * * * Borrower shall have license to collect, receive, use and enjoy the Rents and Profits when due and prepayments thereof of not more than one (1) month prior to the due date thereof.

  • Upon the occurrence of an Event of Default, Borrower’s license shall automatically terminate * * * and lender may thereafter * * * collect the Rents and Profits * * *.{¶5} The mortgage also provided that rents were to be deposited into an account for the borrowers’ benefit.

  • Khan, in his capacity as president of PRMC, also signed a “Deed of Trust, Assignment of Leases, Rents and Profits, Security Agreement and Fixture Financing Statement,” granting BLC a security interest in certain real property, namely a hotel, including all fixtures, and certain personal property, including future personal property to be placed in and connected with the real property.

  • To the fullest extent permitted by law, everything used in connection with the production of Rents and Profits is, and at all times and for all purposes and in all proceedings, both legal and equitable, shall be regarded as real property, irrespective of whether or not the same is physically attached to the Land and/or Improvements.


More Definitions of Rents and Profits

Rents and Profits is defined in clause (i) of the granting clause.
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Rents and Profits. Paragraph 8 of the granting clause
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Rents and Profits with respect to any Property, shall have the meaning given that term in section 4.14.1.
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Rents and Profits shall have the meaning set forth in the Mortgage.
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Rents and Profits shall have the meaning set forth in the granting clauses of the Mortgage.
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Rents and Profits has the meaning given that term in Section 3.13(3) of this Agreement.
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Rents and Profits means all and any rents, royalties, issues, proceeds and other benefits now or hereafter arising from the Property, or any part thereof, provided, however, Rents and Profits shall not be construed to include accounts receivables arising in the ordinary course of business from the sale of inventories of food or food products or from the provision of any services related thereto, nor from royalties arising from the sale or use of brands or trademarks relating to such inventories of food or food products.
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