Common use of Beneficiary in Possession Clause in Contracts

Beneficiary in Possession. Nothing herein contained shall be construed as constituting Beneficiary a Beneficiary in possession in the absence of the actual taking of possession of the Premises by Beneficiary pursuant to this Deed of Trust.

Appears in 4 contracts

Samples: Commercial Deed of Trust (Grubb & Ellis Healthcare REIT, Inc.), Leasehold and Fee Deed of Trust (Grubb & Ellis Healthcare REIT, Inc.), Commercial Deed of Trust (NNN Healthcare/Office REIT, Inc.)

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Beneficiary in Possession. Nothing herein contained shall be construed as constituting Beneficiary a Beneficiary beneficiary in possession in the absence of the actual taking of possession of the Premises by Beneficiary pursuant to this Deed of Trust.

Appears in 1 contract

Samples: Loan Agreement (Pelican Properties International Corp)

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Beneficiary in Possession. Nothing herein contained in this Mortgage shall be construed as constituting Beneficiary a Beneficiary in possession in the absence of the actual taking of possession of the Premises by Beneficiary pursuant to this Deed of TrustProperty.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement, Assignment of Leases and Rents and Financing Statement (Gibraltar Packaging Group Inc)

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