Common use of Reconveyance Clause in Contracts

Reconveyance. Upon Lessor Trust's written request, and upon surrender to Trustee of this Deed of Trust and the Notes for cancellation and retention upon payment of its fees, Trustee shall reconvey, without warranty, any Property or that portion thereof then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. To the extent permitted by law, the reconveyance may described the grantee as "the person or persons legally entitled thereto". Neither Lessor Trust nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any reconveyance. When all of the Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of all of the Property to the person or persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Lessor Trust's Beneficiary’s written request, and upon surrender to Trustee for cancellation of this Deed of Trust and the Notes for cancellation and retention upon payment of its feesor instruments setting forth all obligations secured hereby, Trustee shall reconvey, without warranty, any Property the Property, or that portion thereof then held hereunder. The recitals in such reconveyance of any matters or facts in any reconveyance executed hereunder shall be conclusive proof of the truthfulness thereof. To the extent permitted by law, the reconveyance may described describe the grantee as "“the person or persons legally entitled thereto". .” Neither Lessor Trust Beneficiary nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any reconveyance. When all of the Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of all of the Property to the person or persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Lessor TrustBeneficiary's written request, and upon surrender to Trustee for cancellation of this Deed of Trust and the Notes for cancellation and retention upon payment of its feesany note, instrument or instruments setting forth all obligations secured hereby, Trustee shall reconvey, without warranty, any the Subject Property or that portion thereof then held hereunder. The recitals in such reconveyance of any matters or facts in any reconveyance executed hereunder shall be conclusive proof of the truthfulness thereof. To the extent permitted by law, the reconveyance may described describe the grantee as "the person or persons legally entitled thereto". ." Neither Lessor Trust Beneficiary nor Trustee shall have any duty to determine the rights right of persons claiming to be rightful grantees of any reconveyance. When all of the Subject Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of all of the Subject Property to the person or persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Lessor Trust's written request, and upon surrender to Trustee of this Deed of Trust and the Notes for cancellation and retention upon payment of its fees, Trustee shall reconvey, without warranty, any the Property or that portion thereof then held hereunderhereunder upon Beneficiary's written request, and upon payment in full of the Secured Obligations and surrender to Trustee for cancellation of this Deed of Trust. The recitals in such reconveyance of any matters or facts in any reconveyance executed hereunder shall be conclusive proof of the truthfulness thereof. To the extent permitted by lawApplicable Law, the reconveyance may described describe the grantee as "the person or persons legally entitled thereto". ." Neither Lessor Trust Beneficiary nor Trustee shall have any duty to determine the rights of persons Persons claiming to be rightful grantees of any reconveyance. When all of the Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of all of the Property to the person Person or persons Persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Lessor Trust's Beneficiary’s written request, following payment in full of the Indebtedness and performance in full of the Obligations, and upon surrender to Trustee of this Deed of Trust or certified copy thereof and the Notes any note, instrument or instruments setting forth all obligations secured hereby to Trustee for cancellation and retention upon payment of its feescancellation, Trustee shall shall, at Grantor’s expense, reconvey, without warranty, any the Mortgaged Property or that portion thereof then held hereunder. The recitals in such reconveyance of any matters or facts in any reconveyance executed hereunder shall be conclusive proof of the truthfulness thereof. To the extent permitted by law, the reconveyance may described describe the grantee as "“the person or persons legally entitled thereto"”. Neither Lessor Trust Beneficiary nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any reconveyance. When all of the Mortgaged Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of all of the Mortgaged Property to the person or persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Lessor Trust's Beneficiary’s written request, and upon surrender to Trustee for cancellation of this Deed of Trust and a copy of the Notes for cancellation and retention upon payment of its feesinstrument or instruments setting forth all obligations secured hereby, Trustee shall reconvey, without warranty, any the Property or that portion thereof then held hereunder. The recitals in such reconveyance of any matters or facts in any reconveyance executed hereunder shall be conclusive proof of the truthfulness thereof. To the extent permitted by law, the reconveyance may described describe the grantee as "“the person or persons legally entitled thereto". .” Neither Lessor Trust Beneficiary nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any reconveyance. When all of the Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of all Rents of the Property to the person or persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.

Reconveyance. Upon Lessor Trust's Beneficiary’s written request, and upon surrender to Trustee for cancellation of this Deed of Trust and any note, instrument or instruments setting forth all obligations secured hereby, or other reasonable evidence that this Deed of Trust is to be reconveyed pursuant to the Notes for cancellation Credit Agreement, 2002 Note Purchase Agreement and retention upon payment of its feesIntercreditor and Collateral Trust Agreement, Trustee shall reconvey, without warranty, any the Property or that portion thereof then held hereunder. The recitals in such reconveyance of any matters or facts in any reconveyance executed hereunder shall be conclusive proof create a rebuttable presumption of the truthfulness thereof. To the extent permitted by law, the reconveyance may described describe the grantee as "“the person or persons legally entitled thereto"”. Neither Lessor Trust Beneficiary nor Trustee shall have any duty to determine the rights of persons Persons claiming to be rightful grantees of any reconveyance. When all of the Property has been fully reconveyed, the last such reconveyance shall operate as a reassignment of all future rents, issues and profits of all of the Property to the person Person or persons Persons legally entitled thereto, unless such reconveyance expressly provides to the contrary.