Common use of Full Reconveyance Clause in Contracts

Full Reconveyance. Upon written request of the Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this Deed of Trust to Trustee for cancellation and retention and upon payment by the Grantor of the Trustee’s fees, Trustee shall reconvey to the Grantor, or the person or persons legally entitled thereto, without warranty, any portion of the Trust Premises then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in any reconveyance may be described as “the person or persons legally entitled thereto.”

Appears in 2 contracts

Samples: Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp)

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Full Reconveyance. Upon written request of the Beneficiary ----------------- stating that all sums secured hereby have been paid, and upon surrender to Trustee of the original or a certified copy of this Deed of Trust to Trustee for cancellation cancelation and retention retention, and upon payment by the Grantor of the Trustee’s its fees, Trustee shall reconvey to the Grantor, or the person or persons legally entitled theretofully reconvey, without warranty, any portion of the Trust Premises entire remaining Property then held hereunder. The recitals in such reconveyance of any matters or of facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as "the person or persons legally entitled thereto".

Appears in 2 contracts

Samples: Credit Agreement (Jafra Cosmetics International Sa De Cv), Filing and Security Agreement (Jafra Cosmetics International Sa De Cv)

Full Reconveyance. Upon written request of the Beneficiary Xxxxxxxxxxx stating that all sums secured hereby have been paid, and upon surrender of this Deed of Trust to Trustee for cancellation and retention and upon payment by the Grantor Trustor of the Trustee’s 's fees, Trustee shall reconvey to the GrantorTrustor, or the person or persons legally entitled thereto, without warranty, any portion of the Trust Premises Property then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in any reconveyance may be described as "the person or persons legally entitled thereto."

Appears in 1 contract

Samples: Leiner Health Products Inc

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Full Reconveyance. Upon written request of the Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this Deed of Trust to Trustee for cancellation and retention and upon payment by the Grantor Trustor of the Trustee’s 's fees, Trustee shall reconvey to the GrantorTrustor, or the person or persons legally entitled thereto, without warranty, any portion of the Trust Premises Property then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in any reconveyance may be described as "the person or persons legally entitled thereto."

Appears in 1 contract

Samples: Credit Agreement (Aristotle Corp)

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