Common use of Appointment of Receiver, Trustee, Liquidator Clause in Contracts

Appointment of Receiver, Trustee, Liquidator. Borrower, any general partner of Borrower or any Guarantor applies for or consents in writing to the appointment of a receiver, trustee or liquidator of Borrower, any general partner of Borrower, any Guarantor, any Eligible Property, or all or substantially all of the other assets of Borrower, any general partner of Borrower or any Guarantor, or an order, judgment or decree is entered by any court of competent jurisdiction on the application of a creditor appointing a receiver, trustee or liquidator of Borrower, any general partner of Borrower, any Guarantor, any Eligible Property, or all or substantially all of the other assets of Borrower, any general partner of Borrower or any Guarantor.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Resource Real Estate Opportunity REIT, Inc.)

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Appointment of Receiver, Trustee, Liquidator. Borrower, any general partner of a Borrower or any the Guarantor applies for or consents in writing to the appointment of a receiver, trustee or liquidator of Borrower, any general partner of a Borrower, any the Guarantor, any Eligible the Property, or all or substantially all of the other assets of Borrower, any general partner of a Borrower or any the Guarantor, or an order, judgment or decree is entered by any court of competent jurisdiction on the application of a creditor appointing a receiver, trustee or liquidator of Borrower, any general partner of Borrower, any the Guarantor, any Eligible the Property, or all or substantially all of the other assets of Borrower, any general partner of Borrower or any the Guarantor.

Appears in 1 contract

Samples: Term Loan Agreement (Sun Communities Inc)

Appointment of Receiver, Trustee, Liquidator. Borrower, any general partner member of Borrower or any Guarantor applies for or consents in writing to the appointment of a receiver, trustee or liquidator of Borrower, any general partner member of Borrower, any Borrower or Guarantor, any Eligible the Property, or all or substantially all of the other assets of Borrower, any general partner member of Borrower or any Guarantor, or an order, judgment or decree is entered by any court of competent jurisdiction on the application of a creditor appointing a receiver, trustee or liquidator of Borrower, any general partner member of Borrower, any Guarantor, any Eligible the Property, or all or substantially all of the other assets of Borrower, any general partner member of Borrower or any Guarantor.

Appears in 1 contract

Samples: Construction Loan Agreement (Campus Crest Communities, Inc.)

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Appointment of Receiver, Trustee, Liquidator. Borrower, any general partner of Borrower General Partner or any Guarantor applies for or consents in writing to the appointment of a receiver, trustee or liquidator of Borrower, any general partner of Borrower, any Guarantor, any Eligible the Property, or all or substantially all of the other assets of Borrower, any general partner of Borrower or any Guarantor, or an order, judgment or decree is entered by any court of competent jurisdiction on the application of a creditor appointing a receiver, trustee or liquidator of Borrower, any general partner of Borrower, any Guarantor, any Eligible the Property, or all or substantially all of the other assets of Borrower, any general partner of Borrower or any Guarantor.

Appears in 1 contract

Samples: Construction Loan Agreement

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