Common use of Collection and Application of Rents Clause in Contracts

Collection and Application of Rents. Subject to the License granted to Mortgagor under Section 2.2 above, Mortgagee has the right, power and authority to collect any and all Rents. Mortgagor hereby appoints Mortgagee its attorney-in-fact to perform any and all of the following acts, if and at the times when Mortgagee in its sole discretion may so choose:

Appears in 15 contracts

Samples: Credit Agreement (Glimcher Realty Trust), Credit Agreement (Glimcher Realty Trust), Purchase and Sale Agreement (CNL Lifestyle Properties Inc)

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Collection and Application of Rents. Subject to the License granted to Mortgagor under Section 2.2 above, Mortgagee has the right, power and authority to collect any and all Rents. Mortgagor hereby appoints Mortgagee its attorney-in-fact to perform any and all of the following acts, acts (if an Event of Default has occurred and is continuing) if and at the times when Mortgagee in its sole discretion may so choose:

Appears in 6 contracts

Samples: Credit Agreement (Cornerstone Healthcare Plus Reit, Inc.), Grubb & Ellis Healthcare REIT II, Inc., Grubb & Ellis Healthcare REIT II, Inc.

Collection and Application of Rents. Subject to the License license granted to Mortgagor under Section 2.2 1.2 above, Mortgagee has the right, power and authority to collect any and all Rents. Mortgagor hereby appoints Mortgagee its attorney-in-fact to perform any and all of the following acts, if and at the times when Mortgagee in its sole discretion may so choosechoose after the occurrence of an Event of Default:

Appears in 2 contracts

Samples: Credit Agreement (Cig Wireless Corp.), Credit Agreement (Cig Wireless Corp.)

Collection and Application of Rents. Subject to the License granted to Mortgagor under Section 2.2 above, Mortgagee has the right, power and authority to collect any and all RentsRents after an Event of Default by Mortgagor. Mortgagor hereby appoints Mortgagee its attorney-in-fact attorney‑in‑fact to perform any and all of the following acts, if and at the times when Mortgagee in its sole discretion may so choose:

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (CNL Healthcare Properties II, Inc.)

Collection and Application of Rents. Subject to the License granted to Mortgagor under Section 2.2 above, Mortgagee has the right, power and authority to collect any and all Rents. Mortgagor hereby appoints Mortgagee its attorney-in-fact to perform any and all of the following acts, if and at the times when Mortgagee in its sole discretion may so choosechoose while an Event of Default is ongoing:

Appears in 1 contract

Samples: Fixture Filing (CNL Healthcare Properties, Inc.)

Collection and Application of Rents. Subject to the License granted to Mortgagor under Section 2.2 above2.2, Mortgagee has the right, power and authority to collect any and all RentsRents and exercise Mortgagor’s right, title and interest under the Leases. Mortgagor hereby appoints Mortgagee its attorney-in-fact (which appointment is irrevocable and coupled with an interest) to perform any and all of the following acts, if and at the times when Mortgagee in its sole absolute discretion may so choose:

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Entertainment Inc)

Collection and Application of Rents. Subject to the License granted to Mortgagor under Section 2.2 above, Mortgagee has the right, power and authority to collect any and all Rents. Mortgagor hereby appoints Mortgagee its attorney-in-fact fact, solely upon the occurrence and during the continuance of an Event of Default and after notice to the Mortgagor, to perform any and all of the following acts, if and at the times when Mortgagee in its sole discretion may so choose:

Appears in 1 contract

Samples: Credit Agreement (American Dental Partners Inc)

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Collection and Application of Rents. Subject to the License granted to Mortgagor under Section 2.2 above, Mortgagee has the right, power and authority to collect any and all Rents. Mortgagor hereby appoints Mortgagee its attorney-in-fact to perform any and all of the following acts, if and at the times when Mortgagee in its sole discretion may so choose:: Prestonburg, Kentucky

Appears in 1 contract

Samples: Glimcher Realty Trust

Collection and Application of Rents. Subject to the License granted to Mortgagor under Section 2.2 above, Mortgagee has the right, power and authority to collect any and all Rents. Mortgagor hereby appoints Mortgagee its attorney-in-fact to perform any and all of the following acts, if and at the times when Mortgagee in its sole discretion may so choose:: Russelville, Kentucky

Appears in 1 contract

Samples: Glimcher Realty Trust

Collection and Application of Rents. Subject to the License granted to Mortgagor under Section 2.2 above, Mortgagee has the right, power and authority to collect any and all Rents. Mortgagor hereby appoints Mortgagee its attorney-in-fact to perform any and all of the following acts, if after the occurrence and at during the times when continuance of an Event of Default the Mortgagee in its sole discretion may so choose:

Appears in 1 contract

Samples: Fixture Filing (Bluerock Residential Growth REIT, Inc.)

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