Common use of Partial Foreclosure Clause in Contracts

Partial Foreclosure. Sale of a part of the Property shall not exhaust the power of sale, but sales may be made from time to time until the Liabilities are paid and the Liabilities are performed and discharged in full. It is intended by each of the foregoing provisions of this subsection that Trustee may, after any request or direction by Beneficiary, sell not only the Real Estate and the Improvements, but also the fixtures and Service Equipment and other interests constituting a part of the Property or any part thereof, along with the Real Estate and the Improvements or any part thereof, as a unit and as a part of a single sale, or may sell at any time or from time to time any part or parts of the Property separately from the remainder of the Property. It shall not be necessary to have present or to exhibit at any sale any of the Property.

Appears in 8 contracts

Samples: Security Agreement and Fixture Filing (Radnor Holdings Corp), Security Agreement and Fixture Filing (Radnor Holdings Corp), Security Agreement and Fixture Filing (Radnor Holdings Corp)

AutoNDA by SimpleDocs

Partial Foreclosure. Sale of a part of the Mortgaged Property shall not exhaust the power of sale, but sales may be made from time to time until the Liabilities are Indebtedness is paid and the Liabilities Obligations are performed and discharged in full. It is intended by each of the foregoing provisions of this subsection that Trustee may, after any request or direction by Beneficiary, sell not only the Real Estate Land and the Improvements, but also the fixtures Fixtures and Service Equipment Personalty and other interests constituting a part of the Mortgaged Property or any part thereof, along with the Real Estate Land and the Improvements or any part thereof, as a unit and as a part of a single sale, or may sell at any time or from time to time any part or parts of the Mortgaged Property separately from the remainder of the Mortgaged Property. It shall not be necessary to have present or to exhibit at any sale any of the Mortgaged Property.

Appears in 3 contracts

Samples: Deed of Trust (Grubb & Ellis Healthcare REIT II, Inc.), Rf Monolithics Inc /De/, Rf Monolithics Inc /De/

Partial Foreclosure. Sale of a part of the Property shall not exhaust the power of sale, but sales may be made from time to time until the Liabilities are Indebtedness is paid and the Liabilities are performed and discharged in full. It is intended by each of the foregoing provisions of this subsection that Trustee may, after any request or direction by Beneficiary, sell not only the Real Estate Land and the Improvements, but also the fixtures and Service Equipment equipment and other interests constituting a part of the Property or any part thereof, along with the Real Estate Land and the Improvements or any part thereof, as a unit and as a part of a single sale, or may sell at any time or from time to time any part or parts of the Property separately from the remainder of the Property. It shall not be necessary to have present or to exhibit at any sale any of the Property.

Appears in 1 contract

Samples: NNN 2003 Value Fund LLC

Partial Foreclosure. Sale of a part of the Mortgaged Property shall not exhaust the power of sale, but sales may be made from time to time until the Liabilities are Indebtedness is paid and the Liabilities Obligations are performed and discharged in full. It is intended by each of the foregoing provisions of this subsection that Trustee may, after any request or direction by BeneficiaryLender, sell not only the Real Estate Land and the Improvements, but also the fixtures Fixtures and Service Equipment Personalty and other interests constituting a part of the Mortgaged Property or any part thereof, along with the Real Estate Land and the Improvements or any part thereof, as a unit and as a part of a single sale, or may sell at any time or from time to time any part or parts of the Mortgaged Property separately from the remainder of the PropertyMortgaged property. It shall not be necessary to have present or to exhibit at any sale any of the Mortgaged Property.

Appears in 1 contract

Samples: Loan Agreement (Coolbrands International Inc)

Partial Foreclosure. Sale of a part of the Property shall not exhaust the power of sale, but sales may be made from time to time until the Liabilities are Indebtedness is paid and the Liabilities Obligations are performed and discharged in full. It is intended by each of the foregoing provisions of this subsection that Trustee may, after any request or direction by BeneficiaryLender, sell not only the Real Estate Land and the Improvements, but also the fixtures Fixtures and Service Equipment Personal Property and other interests constituting a part of the Property or any part thereof, along with the Real Estate Land and the Improvements or any part thereof, as a unit and as a part of a single sale, or may sell at any time or from time to time any part or parts of the Property separately from the remainder of the Property. It shall not be necessary to have present or to exhibit at any sale any of the Property.

Appears in 1 contract

Samples: AmREIT, Inc.

AutoNDA by SimpleDocs

Partial Foreclosure. Sale of a part of the Property shall not exhaust the power of sale, but sales may be made from time to time until the Liabilities are entirety of the Secured Obligations is paid and the Liabilities Secured Obligations are performed and discharged in full. It is intended by each of the foregoing provisions of this subsection that Trustee may, after any request or direction by Beneficiary, sell not only the Real Estate Land and the Improvements, but also the fixtures and Service Equipment personalty and other interests constituting a part of the Property or any part thereof, along with the Real Estate Land and the Improvements or any part thereof, as a unit and as a part of a single sale, or may sell at any time or from time to time any part or parts of the Property separately from the remainder of the Property. It shall not be necessary to have present or to exhibit at any sale any specific portion of the Property.

Appears in 1 contract

Samples: Security Agreement and Financing Statement (Wells Core Office Income Reit Inc)

Partial Foreclosure. Sale of a part of the Property shall not ------------------- exhaust the power of sale, but sales may be made from time to time until the Liabilities Secured Obligations are paid and the Liabilities are paid, performed and discharged in full. It is intended by each of the foregoing provisions of this subsection that Trustee may, after any request or direction by BeneficiaryAgent, sell not only the Real Estate Land and the Improvementsimprovements located thereon, but also the fixtures and Service Equipment Personal Property and other interests constituting a part of the Property or any part thereof, along with the Real Estate Land and the Improvements improvements located thereon or any part thereof, as a unit and as a part of a single sale, or may sell at any time or from time to time any part or parts of the Property separately from the remainder of the Property. It shall not be necessary to have present or to exhibit at any sale any of the Property.

Appears in 1 contract

Samples: Indemnity Agreement (JDN Realty Corp)

Partial Foreclosure. Sale of a part of the Property shall not exhaust the power of sale, but sales may be made from time to time until the Liabilities are Debt is paid and the Liabilities are performed and discharged in full. It is intended by each of the foregoing provisions of this subsection that Trustee may, after any request or direction by BeneficiaryLender, sell not only the Real Estate Property and the Improvements, but also the fixtures and Service Equipment Fixtures and other interests constituting a part of the Property or any part thereof, along with the Real Estate and the Improvements or any part thereof, as a unit and as a part of a single sale, or may sell at any time or from time to time any part or parts of the Property separately from the remainder of the Property. It shall not be necessary to have present or to exhibit at any sale any of the Property.

Appears in 1 contract

Samples: Security Agreement (Glimcher Realty Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.