Common use of Grant in Trust Clause in Contracts

Grant in Trust. For the purpose of securing payment and performance of the Secured Obligations defined and described in Section 1.2, Trustor hereby irrevocably and unconditionally grants, bargains, conveys, sells, transfers and assigns to Trustee, in trust for the benefit of Beneficiary, with power of sale and right of entry and possession, all estate, right, title and interest which Trustor now has or may later acquire in and to the following property (all or any part of such property, or any interest in all or any part of it, as the context may require, the “Property”):

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Entertainment Inc)

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Grant in Trust. For the purpose of securing payment and -------------- performance of the Secured Obligations defined and described in Section 1.2, --- Trustor hereby irrevocably and unconditionally grants, bargains, conveys, sells, transfers and assigns to Trustee, in trust for the benefit of Beneficiary, with power of sale and right of entry and possession, all estate, right, title and interest which Trustor now has or may later acquire in and to the following property (all or any part of such property, or any interest in all or any part of it, as the context may require, the "Property"):

Appears in 1 contract

Samples: Coast Hotels & Casinos Inc

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Grant in Trust. For In consideration of the foregoing and for the purpose of securing payment and performance of the Secured Obligations defined and described in Section 1.22, Trustor hereby irrevocably and unconditionally grants, bargains, conveys, sells, transfers and assigns to Trustee, in trust for the benefit of Beneficiary, with power of sale and right of entry and possession, all estate, right, title and interest which Trustor now has or may later acquire in and to the following property (Land, and all of the following, whether presently owned or any part of such property, or any interest in all or any part of it, as the context may require, the “Property”):hereafter acquired:

Appears in 1 contract

Samples: Operating Covenant and Agreement

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