Common use of Beneficiary May File Proofs of Claim Clause in Contracts

Beneficiary May File Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition or other proceedings affecting the Trustor, its creditors or its property, the Beneficiary, to the extent permitted by law, shall be entitled to file such proof of claim and other documents as may be necessary or advisable in order to have claims of the Beneficiary allowed in such proceedings for the entire amount due and payable by the Trustor under this Deed of Trust at the date of the institution of such proceedings and for any additional amount which may become due and payable by the Trustor hereunder after such date.

Beneficiary May File Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition or other proceedings affecting Trustor or the principals, general partners or managing members in Trustor, its or their respective creditors or its property, the Beneficiary, to the extent permitted by law, shall be entitled to file such proof proofs of claim and other documents as may be necessary or advisable in order to have the claims of the Beneficiary allowed in such proceedings for the entire amount due and payable by the Trustor under this Deed of Trust secured Secured Obligations at the date of the institution of such proceedings and for any additional amount which may become due and payable by the Trustor hereunder after such date.

Beneficiary May File Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition or other proceedings affecting Trustor or the principals, general partners or managing members in Trustor, its or their respective creditors or its property, the Beneficiary, to the extent permitted by law, shall be entitled to file such proof proofs of claim and other documents as may be necessary or advisable in order to have the claims of the Beneficiary allowed in such proceedings for the entire amount due and payable by the Trustor under this Deed of Trust Debt at the date of the institution of such proceedings and for any additional amount which may become due and payable by the Trustor hereunder after such date.

Beneficiary May File Proofs of Claim. In the case of any receivership, insolvency, bankruptcy, reorganization, arrangement, adjustment, composition or other proceedings affecting Trustor or the principals or members in Trustor, its or their respective creditors or its property, the Beneficiary, to the extent permitted by law, shall be entitled to file such proof proofs of claim and other documents as may be necessary or advisable in order to have the claims of the Beneficiary allowed in such proceedings for the entire amount due and payable by the Trustor under this Deed of Trust secured indebtedness at the date of the institution of such proceedings and for any additional amount which may become due and payable by the Trustor hereunder after such date.