Common use of Receivership Clause in Contracts

Receivership. The appointment of a receiver or trustee to take possession of any of the assets of the Borrower.

Appears in 11 contracts

Sources: Deed of Trust, Security Agreement and Fixture Filing, Deed of Trust, Security Agreement and Fixture Filing (RREEF Property Trust, Inc.), Open End Mortgage Deed, Security Agreement and Fixture Filing (GTJ Reit, Inc.)

Receivership. The appointment of a receiver or trustee to take possession of any of the assets of the BorrowerMortgagor.

Appears in 1 contract

Sources: Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Sanfilippo John B & Son Inc)

Receivership. The appointment of a receiver or trustee to take possession of any of the assets of the Borrowerany Mortgagor.

Appears in 1 contract

Sources: Mortgage and Security Agreement (Reckson Associates Realty Corp)