Common use of Mortgagee in Possession Clause in Contracts

Mortgagee in Possession. Nothing contained in this Mortgage shall be construed as constituting Mortgagee a mortgagee in possession in the absence of the actual taking of possession of the Property.

Appears in 7 contracts

Samples: Guarantee and Collateral Agreement (Mirant North America, LLC), Mortgage, Security Agreement (Akorn Inc), Mortgage, Security Agreement (Akorn Inc)

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Mortgagee in Possession. Nothing contained in this Second Mortgage shall be construed as constituting Mortgagee a mortgagee in possession in the absence of the actual taking of possession of the Property.

Appears in 3 contracts

Samples: Playtex Sales & Services Inc, Playtex Sales & Services Inc, Playtex Sales & Services Inc

Mortgagee in Possession. Nothing contained in this Mortgage shall be construed as constituting Mortgagee Lender a mortgagee in possession in the absence of the actual taking of possession of the Mortgaged Property.

Appears in 2 contracts

Samples: Security Agreement (Lodging Fund REIT III, Inc.), Security Agreement

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Mortgagee in Possession. Nothing contained in this Mortgage shall be construed as constituting Mortgagee Lender as a mortgagee in possession in the absence of the actual taking of possession of the Property.

Appears in 1 contract

Samples: Assignment of Leases and Rents, Security Agreement and Fixture (Innovative Food Holdings Inc)

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