Common use of Proceeds of Sale Clause in Contracts

Proceeds of Sale. The proceeds of any sale made under or by virtue of this Article IV, together with all other sums which then may be held by Trustee or Beneficiary under this Deed of Trust, whether under the provisions of this Article IV or otherwise, shall be applied as follows:

Appears in 8 contracts

Samples: Agreement and Fixture Filing (Redwood Mortgage Investors IX), Agreement and Fixture Filing (Redwood Mortgage Investors IX), Agreement and Fixture Filing (Redwood Mortgage Investors Viii)

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Proceeds of Sale. The proceeds of any sale made under or by virtue of this Article IVIII, together with all other sums which then may be held by Trustee or Beneficiary under this Deed of Trust, whether under the provisions of this Article IV III or otherwise, shall be applied as follows:

Appears in 8 contracts

Samples: Subsidiary Stock Pledge Agreement (Quixote Corp), Assignment and Assumption (American Realty Capital Trust, Inc.), Subsidiary Stock Pledge Agreement (Quixote Corp)

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