Common use of ACCEPTANCE OF TRUST; POWERS AND DUTIES OF TRUSTEE Clause in Contracts

ACCEPTANCE OF TRUST; POWERS AND DUTIES OF TRUSTEE. (a) Trustee accepts this trust when this Deed of Trust is recorded. Except as may be required by applicable law, Trustee or Beneficiary may from time to time apply to any court of competent jurisdiction for aid and direction in the execution of the trust hereunder and the enforcement of the rights and remedies available hereunder, and may obtain orders or decrees directing or confirming or approving acts in the execution of said trust and the enforcement of said remedies.

Appears in 4 contracts

Samples: KBS Strategic Opportunity REIT, Inc., Security Agreement and Fixture Filing (KBS Real Estate Investment Trust, Inc.), Communications & Power Industries Inc

AutoNDA by SimpleDocs

ACCEPTANCE OF TRUST; POWERS AND DUTIES OF TRUSTEE. (a) Trustee accepts this trust when this Deed of Trust is recorded. Except as may be required by applicable law, Trustee or Beneficiary may from From time to time apply to any court on written request of competent jurisdiction Beneficiary and presentation of this Deed of Trust for aid and direction in the execution of the trust hereunder and the enforcement of the rights and remedies available hereunderendorsement, and may obtain orders without affecting the personal liability of any person for payment of any indebtedness or decrees directing or confirming or approving acts in the execution performance of said trust any obligations, Trustee may, without liability and the enforcement of said remedies.without notice:

Appears in 2 contracts

Samples: Recording (Speedway Motorsports Inc), En Pointe Technologies Inc

ACCEPTANCE OF TRUST; POWERS AND DUTIES OF TRUSTEE. (a) Trustee accepts this trust when this Deed of Trust is recordeddelivered by Grantor to Beneficiary. Except as may be required by applicable law, Trustee or Beneficiary may from time to time apply to any court of competent jurisdiction for aid and direction in the execution of the trust hereunder and the enforcement of the rights and remedies available hereunder, and may obtain orders or decrees directing or confirming or approving acts in the execution of said trust and the enforcement of said remedies.

Appears in 1 contract

Samples: Intervoice Inc

AutoNDA by SimpleDocs

ACCEPTANCE OF TRUST; POWERS AND DUTIES OF TRUSTEE. (a) Trustee accepts this trust when this Deed of Trust is recordeddelivered by Trustor to Beneficiary. Except as may be required by applicable law, Trustee or Beneficiary may from time to time apply to any court of competent jurisdiction for aid and direction in the execution of the trust hereunder and the enforcement of the rights and remedies available hereunder, and may obtain orders or decrees directing or confirming or approving acts in the execution of said trust and the enforcement of said remedies.

Appears in 1 contract

Samples: After Recording (Asset Investors Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.