Examples of Properties in a sentence
In the event funds for such work are insufficient, Beneficiary may, at its option, advance such additional funds as may be necessary to allow the Combined Properties to be repaired or restored, and may add the amount thereof to the principal balance of the Note hereby secured.
That as additional security and subject to the rights of senior lenders, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance of these Trusts, to collect the rents, issues and profits of the Combined Properties, reserving unto Trustor the right, prior to any default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues and profits as they become due and payable.
The entering upon and taking possession of the Combined Properties, the collection of such rents, issues and profits and the application thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice.
The Parties hereby declare their express intent that the covenants and restrictions set forth herein, and the City Documents, shall be deemed covenants running with the land and shall be binding upon and inure to the benefit of the heirs, administrators, executors, successors in interest, transferees, and assigns of the Parties, regardless of any sale, assignment, conveyance or transfer of the Combined Properties, the Project or any part thereof or interest therein.
Such insurance policies are, in light of the nature of the Business and the Assets, in amounts and have coverages that are deemed by Seller to be adequate for Persons engaged in such business and having such Assets and Properties.