Common use of Automatic Default Clause in Contracts

Automatic Default. An “Automatic Default” shall occur automatically upon the occurrence of any of the following events: DEED OF TRUST (VIRGINIA) ▇▇▇▇▇ Fargo/▇▇▇▇ Properties/Cracker Barrel Loan ▇▇. ▇▇-▇▇▇▇▇▇▇▇/▇▇▇▇▇ ▇▇. ▇▇▇

Appears in 2 contracts

Sources: Deed of Trust, Absolute Assignment of Rents and Leases and Security Agreement (Cole Credit Property Trust III, Inc.), Deed of Trust, Absolute Assignment of Rents and Leases and Security Agreement (Cole Credit Property Trust III, Inc.)

Automatic Default. An “Automatic Default” shall occur automatically upon the occurrence of any of the following events: DEED OF TRUST (VIRGINIA) ▇▇▇▇▇ Fargo/▇▇▇▇ Properties/Cracker Barrel Loan ▇▇No. ▇▇02-▇▇▇▇▇▇▇▇62113730/▇▇▇▇▇ ▇▇Store No. ▇▇▇560

Appears in 1 contract

Sources: Deed of Trust (Cole Credit Property Trust III, Inc.)

Automatic Default. An “Automatic Default” shall occur automatically upon the occurrence of any of the following events: DEED OF TRUST (VIRGINIA) ▇▇▇▇▇ Fargo/▇▇▇▇ Properties/Cracker Barrel Loan ▇▇No. ▇▇02-▇▇▇▇▇▇▇▇62113748/▇▇▇▇▇ ▇▇Store No. ▇▇▇568

Appears in 1 contract

Sources: Deed of Trust, Absolute Assignment of Rents and Leases and Security Agreement (Cole Credit Property Trust III, Inc.)