Common use of Reconveyance by Trustee Clause in Contracts

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations have been paid and fully performed, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyance, Trustee shall reconvey to the person or persons legally entitled thereto, without warranty, any portion of the Property then held hereunder. The recitals in any such reconveyance of any matter or fact shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as “the person or persons legally entitled thereto.”

Appears in 3 contracts

Samples: Implementation Agreement, Affordable Housing Agreement, Affordable Housing Agreement

AutoNDA by SimpleDocs

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations sums secured hereby have been paid and fully performedpaid, and upon surrender by Beneficiary of this Deed of Trust and all of the Note promissory notes included in the Indebtedness to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyancefees, Trustee shall reconvey to Trustor, or the person or persons legally entitled thereto, without warranty, any portion of the Property Trust Estate then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as “the person or persons legally entitled thereto.”truthfulness

Appears in 2 contracts

Samples: OVERSTOCK.COM, Inc, OVERSTOCK.COM, Inc

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations have been paid and fully performed, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyance, Trustee shall reconvey to the person or persons legally entitled thereto, without warranty, any portion of the Property then held hereunder. The recitals in any such reconveyance of any matter or fact shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as “the ―the person or persons legally entitled thereto.”thereto.‖

Appears in 2 contracts

Samples: Implementation Agreement, Implementation Agreement

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations sums secured hereby have been paid and fully performedpaid, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyancefees, Trustee shall reconvey to Trustor, or to the person Person or persons Persons legally entitled thereto, without warranty, any portion of the Property Trust Estate then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as “the person or persons legally entitled thereto.”

Appears in 2 contracts

Samples: Credit Agreement (Cadiz Inc), Cadiz Inc

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations have been paid and fully performed, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention ----------------------- and upon payment by Trustor of Trustee’s 's fees for all services involved in the preparation, execution and recordation of the costs and expenses of executing and recording any requested reconveyance, Trustee shall reconvey the Mortgaged Property or portions thereof then held hereunder, in whole or in part, as designated by Beneficiary and in such portions as designated by Beneficiary to Trustor, to the person or persons legally entitled thereto, which reconveyance shall be without recourse or warranty, any portion of the Property then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as "the person or persons legally entitled thereto." Neither Beneficiary nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any release.

Appears in 1 contract

Samples: Loan and Security Agreement (Centaur Pharmaceuticals Inc)

Reconveyance by Trustee. Portions of the Property may be released by the Trustee upon compliance with the provisions of Section 11.6 of the Master Lease. Upon written request of Beneficiary stating that all Secured Obligations sums secured hereby have been paid and fully performedpaid, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyancefees, Trustee shall reconvey to the person or persons legally entitled thereto, without warranty, any portion of the Property Trust Estate then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as “the person or persons legally entitled thereto.”

Appears in 1 contract

Samples: And Security Agreement

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations sums and obligations secured hereby have been paid and fully performedsatisfied, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor Grantor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyance's fees, Trustee shall reconvey to Grantor, or the person or persons legally entitled thereto, without warranty, any portion of the Property then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as "the person or persons legally entitled thereto."

Appears in 1 contract

Samples: Westcoast Hospitality Corp

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations sums secured hereby have been paid and fully performedpaid, and upon surrender by Beneficiary of this Deed of Trust and the Note Notes to Trustee for cancellation and retention and upon payment by Trustor Grantor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyance's fees, Trustee shall reconvey to Grantor, or the person or persons legally entitled thereto, without warranty, any portion of the Property then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as "the person or persons legally entitled thereto."

Appears in 1 contract

Samples: After Recording (Electronic Fab Technology Corp)

Reconveyance by Trustee. Upon satisfaction of all of Trustor's obligations under the Loan Instruments, and upon written request of Beneficiary stating that all Secured Obligations sums secured hereby have been paid and fully performedpaid, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyance's fees, Trustee shall reconvey to Trustor, or the person or persons legally entitled thereto, without warranty, any portion of the Property Trust Estate then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as "the person or persons legally entitled thereto."

Appears in 1 contract

Samples: Nedak Ethanol, LLC

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations have been paid and fully performed, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor Borrower of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyance's fees, Trustee shall reconvey to Borrower, or the person or persons legally entitled thereto, without warranty, any portion of the Property Trust Estate then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as "the person or persons legally entitled thereto."

Appears in 1 contract

Samples: S&W Seed Co

Reconveyance by Trustee. Upon receipt of written request of from Beneficiary stating reciting that all Secured Obligations sums secured hereby have been paid paid, and fully performedthe Letters of Credit have expired or been canceled and the Commitments have terminated, and upon surrender by Beneficiary of this Deed of Trust and the Note Notes secured hereby to Trustee for cancellation and retention retention, or such other disposition as Trustee, in its sole discretion, may choose, and upon payment by Trustor of Trustee’s fees and its fees, the costs and expenses of executing and recording any requested reconveyance, Trustee shall reconvey to the person or persons legally entitled theretoreconvey, without warrantywarranty or recourse, any portion of the Property then held hereunder. The recitals in any such reconveyance of any matter or matters of fact shall be conclusive proof of the truthfulness truth thereof. The grantee in any such reconveyance may be described in general terms as "the person or persons legally entitled thereto". 28.

Appears in 1 contract

Samples: Credit Agreement (Circus Circus Enterprises Inc)

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations sums secured hereby have been paid and fully performedpaid, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyance's fees, Trustee shall reconvey to Trustor, or to the person or persons legally entitled thereto, without warranty, any portion of the Property Trust Estate then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as "the person or persons legally entitled thereto."

Appears in 1 contract

Samples: Operation and Maintenance Agreement (Ormat Technologies, Inc.)

Reconveyance by Trustee. Upon written request of Beneficiary Xxxxxxxxxxx stating that all Secured Obligations sums secured hereby have been paid and fully performedpaid, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention retention, and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyancereasonable fees, Trustee shall reconvey to Trustor, or to the person or persons legally entitled thereto, without warranty, any portion of the Property then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as “the person or persons person legally entitled thereto.”

Appears in 1 contract

Samples: Affordable Housing Loan Agreement

AutoNDA by SimpleDocs

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations have been paid and fully performedsatisfied in full, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyancefees, Trustee shall reconvey to Trustor, or to the person or persons legally entitled thereto, without warranty, any portion of the Property Trust Estate then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as “the person or persons legally entitled thereto.”

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (Utah Medical Products Inc)

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations sums secured hereby have been paid and fully performedpaid, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyancefees, Trustee shall reconvey to the person or persons legally entitled thereto, without warranty, any portion of the Property Trust Estate then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as “the person or persons legally entitled thereto.”

Appears in 1 contract

Samples: Rents and Security Agreement

Reconveyance by Trustee. Upon receipt of written request of from Beneficiary stating reciting that all Secured Obligations sums secured hereby have been paid paid, and fully performedthe Letters of Credit have expired or been canceled and the Commitments have terminated, and upon surrender by Beneficiary of this Deed of Trust and the Note Notes secured hereby to Trustee for cancellation and retention retention, or such other disposition as Trustee, in its sole discretion, may choose, and upon payment by Trustor of Trustee’s fees and its fees, the costs and expenses of executing and recording any requested reconveyance, Trustee shall reconvey to the person or persons legally entitled theretoreconvey, without warrantywarranty or recourse, any portion of the Property then held hereunder. The recitals in any such reconveyance of any matter or matters of fact shall be conclusive proof of the truthfulness truth thereof. The grantee in any such reconveyance may be described in general terms as “the person or persons legally entitled thereto.

Appears in 1 contract

Samples: Eldorado Resorts LLC

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations have been paid and fully performedsatisfied in full, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyancefees, Trustee shall reconvey to the person or persons legally entitled thereto, without warranty, any portion of the Property Trust Estate then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as “the person or persons legally entitled thereto.”

Appears in 1 contract

Samples: Project Power Purchase Agreement (Ormat Technologies, Inc.)

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations sums and obligations secured hereby have been paid and fully performed, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyance, Trustee shall reconvey to Trustor and Additional Trustor, or to the person or persons legally entitled thereto, without warranty, any portion of the Real Property then held hereunder. The recitals in any such reconveyance of any matter or fact shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as “the person or persons legally entitled thereto.”

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (NGA Holdco, LLC)

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations have been paid and fully performed, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention ----------------------- and upon payment by Trustor of Trustee’s 's fees for all services involved in the preparation, execution and recordation of the costs and expenses of executing and recording any requested reconveyance, Trustee shall reconvey the Mortgaged Property or portions thereof then held hereunder, in whole or in part, as designated by Beneficiary and in such portions as designated by Beneficiary to Trustor, to the person or persons legally entitled thereto, which reconveyance shall be without recourse or warranty, any portion of the Property then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as “the person or persons legally entitled thereto.”be

Appears in 1 contract

Samples: Loan and Security Agreement (Centaur Pharmaceuticals Inc)

Reconveyance by Trustee. Upon written request of Beneficiary stating that all Secured Obligations sums secured hereby have been paid and fully performedpaid, and upon surrender by Beneficiary of this Deed of Trust and the Note to Trustee for cancellation and retention and upon payment by Trustor of Trustee’s fees and the costs and expenses of executing and recording any requested reconveyance's fees, Trustee shall reconvey to Trustor, or to the person or persons legally entitled thereto, without warranty, any portion of the Property Trust Estate then held hereunder. The recitals in any such reconveyance of any matter matters or fact facts shall be conclusive proof of the truthfulness thereof. The grantee in any such reconveyance may be described as "the person or persons legally entitled thereto."

Appears in 1 contract

Samples: Credit Agreement (Cadiz Inc)

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