No Mortgagee in Possession. Nothing herein contained shall be construed as constituting Assignee a "mortgagee in possession" in the absence of the taking of actual possession of the Mortgaged Property by Assignee. In the exercise of the powers herein granted Assignee, no liability shall be asserted or enforced against Assignee, all such liability being expressly waived and released by Assignor.
Appears in 7 contracts
Samples: Inland Diversified Real Estate Trust, Inc., Ramco Gershenson Properties Trust, Dm Management Co /De/
No Mortgagee in Possession. Nothing herein contained shall be -------------------------- construed as constituting Assignee a "mortgagee in possession" in the absence of the taking of actual possession of the Mortgaged Property by Assignee. In the exercise of the powers herein granted Assignee, no liability shall be asserted or enforced against Assignee, all such liability being expressly waived and released by Assignor.
Appears in 4 contracts
Samples: G&l Realty Corp, G&l Realty Corp, G&l Realty Corp
No Mortgagee in Possession. Nothing herein contained shall be construed as constituting Assignee a "mortgagee in possession" in the absence of entry upon and the taking of actual possession of the Mortgaged Property by Assignee. In the exercise of the powers herein granted Assignee, no liability shall be asserted or enforced against Assignee, all such liability being expressly waived and released by Assignor.
Appears in 2 contracts
Samples: Arden Realty Inc, Arden Realty Inc
No Mortgagee in Possession. Nothing herein contained shall be construed as constituting Assignee a "mortgagee in possession" in the absence of the taking of actual possession of the Mortgaged Property Land and the Improvements by Assignee. In the exercise of the powers herein granted to Assignee, no liability shall be asserted or enforced against Assignee, all such liability being expressly waived and released by Assignor.
Appears in 1 contract
Samples: Lease Agreement (Showboat Inc)
No Mortgagee in Possession. Nothing herein contained shall be construed as constituting Assignee a "“mortgagee in possession" ” in the absence of the taking of actual possession of the Mortgaged Property by Assignee. In the exercise of the powers herein granted to Campus Crest\[Property Name] ALR Assignee, no liability shall be asserted or enforced against Assignee, all such liability being expressly waived and released by Assignor.
Appears in 1 contract
Samples: Security Agreement (Campus Crest Communities, Inc.)
No Mortgagee in Possession. Nothing herein contained shall be construed as constituting Assignee a "mortgagee in possession" in the absence of the taking of actual possession of the Mortgaged Property by Assignee. In the exercise of the powers herein granted Assignee, no liability shall be asserted or enforced against Assignee, all such liability being expressly waived and released by Assignor.
Appears in 1 contract
Samples: Assignment of Leases and Rents
No Mortgagee in Possession. Nothing herein contained shall be construed as constituting Assignee a "“mortgagee in possession" ” in the absence of the taking of actual possession of the Mortgaged Property by Assignee. In Subject to Section 4.1, in the exercise of the powers herein granted Assignee, no liability shall be asserted or enforced against Assignee, all such liability being expressly waived and released by Assignor.
Appears in 1 contract
Samples: Security Agreement (Hospitality Investors Trust, Inc.)
No Mortgagee in Possession. Nothing herein contained shall be construed as constituting Assignee a "“mortgagee in possession" ” in the absence of the taking of actual possession of the Mortgaged Property by Assignee. In the exercise of the powers herein granted Assignee, no liability shall be asserted or enforced against Assignee, all such liability being expressly waived and released by Assignor, until such time that Assignee is adjudicated to be a mortgagee in possession. 8.
Appears in 1 contract
No Mortgagee in Possession. Nothing herein contained shall be construed as constituting Assignee a "mortgagee in possession" in the absence of the taking of actual possession of the Mortgaged Property Premises by Assignee. In the exercise of the powers herein granted to Assignee, no liability shall be asserted or enforced against Assignee, all such liability being expressly waived and released by Assignor.
Appears in 1 contract
Samples: Ivc Industries Inc
