Common use of Acceptance of Trust Clause in Contracts

Acceptance of Trust. Trustee accepts this Trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto of pending sale under any other deed of trust or any action or proceeding in which Grantor, Beneficiary, or Trustee shall be a party, unless brought by Trustee.

Appears in 3 contracts

Samples: Credit Agreement (Mississippi Chemical Corp /MS/), Deed of Trust and Security Agreement (Mississippi Chemical Corp /MS/), Deed of Trust and Security Agreement (Morton Industrial Group Inc)

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Acceptance of Trust. Trustee accepts this Trust when this Deed of TrustTrust Deed, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto of pending sale under any other deed Trust Deed or of trust or any action or proceeding in which GrantorTrustor, Beneficiary, or Trustee shall be a party, unless brought by Trustee.

Appears in 2 contracts

Samples: Sale Agreement (Marriott Vacations Worldwide Corp), Sale Agreement (Marriott Vacations Worldwide Corp)

Acceptance of Trust. The Trustee accepts this Trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. The Trustee is shall not be obligated to notify any party hereto of any pending sale under any other deed of trust or of any action or proceeding in which Grantorthe Trustor, Beneficiary, the Beneficiary or the Trustee shall be a party, unless brought by the Trustee.

Appears in 2 contracts

Samples: Collateralized Note Indenture (Huntway Partners L P), Collateralized Note Indenture (Huntway Partners L P)

Acceptance of Trust. Trustee accepts this Trust trust when this Deed of Trust, duly executed and acknowledged, is made becomes a public record as provided by law. Trustee is shall not be obligated to notify perform any party hereto act required of pending sale under any other deed it hereunder unless the performance of trust or any action or proceeding such act is requested in which Grantorwriting and Trustee is reasonably indemnified against loss, Beneficiarycost, or Trustee shall be a party, unless brought by Trusteeliability and expense.

Appears in 2 contracts

Samples: Deed of Trust, Deed of Trust (Omnivision Technologies Inc)

Acceptance of Trust. The Trustee accepts this Trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. The Trustee is shall not be obligated to notify any party hereto of any pending sale under any other deed of trust or of any action or proceeding in which Grantorthe Trustor, Beneficiary, the Beneficiary or the Trustee shall be a party, unless brought by the Trustee. [Remainder of page intentionally omitted.]

Appears in 2 contracts

Samples: Collateralized Note Indenture (Huntway Partners L P), Collateralized Note Indenture (Huntway Partners L P)

Acceptance of Trust. Trustee accepts the trust created by this Deed of Trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated At any time or from time to notify any party hereto time, without liability therefor and without notice, and without releasing or otherwise affecting the liability of pending sale under any other deed of trust Grantor or any action or proceeding in which GrantorGuarantor for the Mortgage Obligations, Trustee, upon written request of Beneficiary, may reconvey any part of the Mortgaged Property, consent to the making of any map or Trustee shall be a party, unless brought by Trusteeplat thereof or join in granting any easement thereon.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (General Growth Properties, Inc.)

Acceptance of Trust. Trustee accepts this Trust when this Deed of Trust, duly executed and acknowledged, Trust is made a public record as provided by law. Except as otherwise provided by law, Trustee is not obligated to notify any party hereto of pending sale under any other deed this Deed of trust Trust or of any action or proceeding in which Grantor, Beneficiary, Beneficiary or Trustee shall be a party, unless brought by Trustee. The necessity of Trustee herein named or any successor in trust, making oath or giving bond, is expressly waived. This Deed of Trust may be amended by written agreement between Grantor and Beneficiary without joinder by Trustee.

Appears in 1 contract

Samples: Leasehold Deed of Trust (Emeritus Corp\wa\)

Acceptance of Trust. Trustee accepts this Trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto except Beneficiary of pending sale under any other deed Deed of trust Trust or of any action or proceeding in which Grantor, Beneficiary, or Trustee shall be a party, party unless brought by Trustee.

Appears in 1 contract

Samples: Credit Agreement (Red Lion Hotels CORP)

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Acceptance of Trust. Trustee accepts this Trust trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto of a pending sale under any other deed Trust Indenture or of trust or any action or proceeding in which Grantor, Beneficiary, Beneficiary or Trustee shall be a party, party unless brought by Trustee.

Appears in 1 contract

Samples: Deed of Trust (Jubilee Gaming Enterprises Inc)

Acceptance of Trust. Trustee accepts this Trust trust when this Deed of TrustTrust Deed, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto except Beneficiary of pending sale under any other deed of trust or of any action or proceeding in which Grantor, Beneficiary, or Trustee shall be a party, party unless brought by Trustee.

Appears in 1 contract

Samples: Credit Agreement (Longview Fibre Co)

Acceptance of Trust. Trustee accepts this Trust trust when this Deed of Trust, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto to this Deed of Trust of pending sale under any other deed of trust or of any action or proceeding in which Grantor, Beneficiary, or Trustee shall be is a party, unless brought by Trustee.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Ucc Fixture Filing (Apple Suites Inc)

Acceptance of Trust. Trustee accepts this Trust when this Deed of TrustTrust Deed, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto of any pending sale under any other deed of trust or any action or proceeding in which GrantorTrustor, Beneficiary, or Trustee shall be a party, unless brought by Trustee.

Appears in 1 contract

Samples: Trust Deed, Assignment of Rents, Security Agreement and Fixture Filing (Evans & Sutherland Computer Corp)

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