Common use of Mortgagee’s Right to Possession Clause in Contracts

Mortgagee’s Right to Possession. Notwithstanding the appointment of any receiver, liquidator or trustee of Mortgagor, or of any of its property, or of the Mortgaged Property or any part thereof, Mortgagee shall be entitled to retain possession and control of all property now or hereafter held hereunder.

Appears in 18 contracts

Samples: Leases and Rents and Security Agreement (Taubman Centers Inc), And Rents and Security Agreement (Taubman Centers Inc), Mortgage (Taubman Centers Inc)

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Mortgagee’s Right to Possession. Notwithstanding the ------------------------------- appointment of any receiver, liquidator or trustee of Mortgagor, or of any of its property, or of the Mortgaged Property or any part thereof, Mortgagee shall be entitled to retain possession and control of all property now or hereafter held hereunder.

Appears in 1 contract

Samples: Taubman Centers Inc

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