Examples of Rents and Revenues in a sentence
The proceeds of any sale of, and the Rents and Revenues and other amounts generated by the holding, leasing, operation or other use of, the Mortgaged Property shall be applied in accordance with the provisions of the Collateral Trust Agreement.
Beneficiary shall have all the rights, remedies and recourses with respect to the Personalty, Fixtures, Leases and Rents and Revenues afforded a Secured Party by the aforesaid Uniform Commercial Code (being Chapter 9 of the Texas Business and Commerce Code, as to property within the scope thereof and situated in the State of Texas) in addition to, and not in limitation of, the other rights, remedies and recourses afforded Beneficiary by the Secured Debt Documents.
Healthcare Mortgage, Assignment of Leases, Rents and Revenues and Security Agreement dated October 1, 2013 by Park Place AL, LLC, an Indiana limited liability company, in favor of Lancaster Pollard Mortgage Company, a Delaware limited liability company, securing a loan in the amount of $14,157,000 relating to the property located at 4411 Park Place Drive, Fort Wayne, IN.
Grantor hereby grants and assigns to Beneficiary the right, at its option, upon revocation of the license granted herein, to enter upon the Trust Property in person, by agent or by court-appointed receiver to collect the Rents and Revenues.
The 2020 EE Plan uses the value of $68 per short ton of carbon emissions for this purpose, which is intended to represent the long-term value of the cost to achieve the Resilient Rhode Island Act’s carbon emission reduction goal of 80 percent below 1990 levels by 2050.41The RGGI allowance costs are already embedded in the energy price forecasts used in our analysis.
All rights, powers, privileges, options and other benefits of Borrower under the Leases and under the Lease Guaranties, including the immediate and continuing right to make claim for, receive, collect and apply all Rents and Revenues payable or receivable under the Leases and all sums payable under the Lease Guaranties or pursuant thereto (and to apply the same to the payment of the Indebtedness or the other Obligations).
Upon an Event of Default, without the need for notice or demand, the license granted to Grantor herein shall automatically be revoked, and Beneficiary shall immediately be entitled to possession of all Rents and Revenues, and all Rents and Revenues collected thereafter (including Rents and Revenues past due and unpaid), whether or not Beneficiary enters upon or takes control of the Trust Property.
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Healthcare Mortgage, Assignment of Leases, Rents and Revenues and Security Agreement dated April 1, 2014 by Sabra Missouri River, LLC, a Delaware limited liability company, in favor of HHF securing a loan in the amount of $11,600,000 relating to the property located at 1130 Seventeenth Ave S., Great Falls, MT.
Thereafter, Borrower may use the balance of the Rents and Revenues collected in any manner consistent with the Loan Documents.