Common use of Right to Enter and Take Possession Clause in Contracts

Right to Enter and Take Possession. (a) If an Event of Default shall have occurred and be continuing, Grantor, upon demand of Agent, shall forthwith surrender to Agent the actual possession of the Property, and if and to the extent permitted by law, Agent itself, or by such officers or agents as it may appoint, may enter and take possession of all the Property (or such portion or portions as Agent may select) without the appointment of a receiver, or an application therefor, and may exclude Grantor and its agents and employees wholly therefrom, and may have joint access with Grantor to the books, papers and accounts of Grantor.

Appears in 15 contracts

Samples: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.), Trust, Security Agreement (Carter Validus Mission Critical REIT, Inc.)

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Right to Enter and Take Possession. (a1) If an Event of Default shall have occurred and be is continuing, Grantor, upon demand of AgentMortgagee, shall forthwith surrender to Agent Mortgagee the actual possession of the PropertyMortgaged Property and, and if and to the extent permitted by law, Agent Mortgagee itself, or by such officers or agents as it may appoint, may enter and take possession of all or any part of the Mortgaged Property (or such portion or portions as Agent may select) without the appointment of a receiver, receiver or an application therefor, and may exclude Grantor and its agents and employees wholly therefrom, and may have joint access with Grantor to take possession of the books, papers and accounts of Grantor.Grantor relating thereto;

Appears in 1 contract

Samples: Mortgage and Security Agreement (Advocat Inc)

Right to Enter and Take Possession. (a) If an Event of Default shall have occurred and be continuingoccurred, GrantorGrantors, upon demand of AgentBeneficiary, shall forthwith surrender to Agent Beneficiary the actual possession of the PropertyPremises and, and if and to the extent permitted by law, Agent Beneficiary itself, or by such officers or agents as it may appoint, may enter and take possession of all or any part of the Property (or such portion or portions as Agent may select) Premises without the appointment of a receiver, receiver or an application therefor, and may exclude Grantor Grantors and its agents and employees wholly therefrom, and may have joint access with Grantor to take possession of the books, papers and accounts of Grantor.Grantors;

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Azur International, Inc.)

Right to Enter and Take Possession. (a1) If an Event of a Default shall have occurred and be continuingoccurred, Grantor, upon demand of AgentGrantee, shall forthwith surrender to Agent Grantee the actual possession of the PropertyPremises and if, and if and to the extent extent, permitted by law, Agent Grantee itself, or by such officers or agents as it may appoint, may enter and take possession of all of the Property (or such portion or portions as Agent may select) Premises without the appointment of a receiver, or an application therefor, and may exclude Grantor and its agents and employees wholly therefrom, and may have joint access with Grantor to the books, papers and accounts of Grantor.

Appears in 1 contract

Samples: 1 (Roberts Realty Investors Inc)

Right to Enter and Take Possession. (a) If an Event of Default shall have occurred and be continuing, Grantor, upon demand of AgentBeneficiary, shall forthwith surrender to Agent Beneficiary the actual possession of the Property, and if and to the extent permitted by law, Agent Beneficiary itself, or by such officers or agents as it may appoint, may enter and take possession of all the Property (or such portion or portions as Agent Beneficiary may select) without the appointment of a receiver, or an application therefor, and may exclude Grantor and its agents and employees wholly therefrom, and may have joint access with Grantor to the books, papers and accounts of Grantor.

Appears in 1 contract

Samples: Financing Statement (Carter Validus Mission Critical REIT, Inc.)

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Right to Enter and Take Possession. (a) If an Event of Default shall have occurred and be continuing, Grantor, upon demand of AgentBeneficiary, shall forthwith surrender to Agent Beneficiary the actual possession of the PropertyPremises and if, and if and to the extent permitted by law, Agent Beneficiary itself, or by such officers or agents as it may appoint, may enter and take possession of all or any part of the Property (or such portion or portions as Agent may select) Premises without the appointment of a receiver, receiver or an application therefor, and may exclude Grantor and its agents and employees wholly therefrom, and may have joint access with Grantor to the books, papers papers, and accounts of Grantor.;

Appears in 1 contract

Samples: Credit Agreement (Packaged Ice Inc)

Right to Enter and Take Possession. (a) If an Event of Default shall have occurred and be continuingbut the Premises have as yet not been foreclosed, Grantor, upon demand of AgentBeneficiary, forthwith shall forthwith surrender to Agent Beneficiary the actual possession of the Propertypremises and, and if and to the extent permitted by law, Agent Beneficiary itself, or by such officers or agents as it may appoint, may enter and take possession of all the Property (or such portion or portions as Agent may select) Premises without the appointment of a receiver, receiver or an application therefor, and may exclude Grantor and its agents and employees wholly therefrom, and may have joint access with Grantor to the books, papers papers, and accounts of Grantor.;

Appears in 1 contract

Samples: Trust and Security Agreement (PMT Services Inc /Tn/)

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