Common use of Application of Proceeds of Sale Clause in Contracts

Application of Proceeds of Sale. The proceeds received by Agent as a result of the foreclosure sale of the Property or the exercise of any other rights or remedies hereunder shall be applied in the manner provided for in Section 12.5 of the Credit Agreement.

Appears in 13 contracts

Samples: Trust, Security Agreement (Carter Validus Mission Critical REIT, Inc.), Security Agreement and Fixture Filing (Carter Validus Mission Critical REIT, Inc.), Security Agreement and Fixture Filing (Carter Validus Mission Critical REIT, Inc.)

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Application of Proceeds of Sale. The proceeds received by Agent as a result of the foreclosure sale of the Property or the exercise of any other rights or remedies hereunder shall be applied in the manner provided for in Section 12.5 of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.)

Application of Proceeds of Sale. The proceeds received by Agent as a ------------------------------- result of the a foreclosure sale of the Property or the exercise of any other rights or remedies hereunder shall be applied in the manner provided for in Section 12.5 of the Credit Agreement.

Appears in 1 contract

Samples: Indemnity Agreement (JDN Realty Corp)

Application of Proceeds of Sale. The proceeds received by Agent as a result of the foreclosure sale of the Property or the exercise of any other rights or remedies hereunder shall be applied in the manner provided for in Section 12.5 9.4 of the Credit Agreement.

Appears in 1 contract

Samples: Secured Credit Agreement (Rouse Properties, Inc.)

Application of Proceeds of Sale. The proceeds received by Agent as a result of the a foreclosure sale of the Property or the exercise of any other rights or remedies hereunder shall be applied in the manner provided for in Section 12.5 of the Credit Loan Agreement.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (Republic Property Trust)

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Application of Proceeds of Sale. The proceeds received by Agent as a result of the a foreclosure sale of the Property or the exercise of any other rights or remedies hereunder hereunder, shall be applied in the manner provided for in Section 12.5 of the Credit Agreement.

Appears in 1 contract

Samples: Master Credit Agreement (JDN Realty Corp)

Application of Proceeds of Sale. The proceeds received by Agent as a result of the a foreclosure sale of the Property or the exercise of any other rights or remedies hereunder hereunder, shall be applied in the manner provided for in Section 12.5 12.4 of the Credit Agreement.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Koger Equity Inc)

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