Condemnation; Attachment. The condemnation, seizure or appropriation of any material portion (as reasonably determined by Beneficiary) of the Property; or the sequestration or attachment of, or levy or execution upon any of the Property, the Collateral or any other collateral provided by Borrower or Trustor under any of the Loan Documents, or any material portion of the other assets of Borrower or Trustor, which sequestration, attachment, levy or execution is not released or dismissed within 45 days after its occurrence; or the sale of any assets affected by any of the foregoing.
Appears in 3 contracts
Samples: Leases and Security Agreement (Protein Design Labs Inc/De), Leases and Security Agreement (Protein Design Labs Inc/De), Leases and Security Agreement (Manufactured Home Communities Inc)
Condemnation; Attachment. The condemnation, seizure or appropriation of any material portion (as reasonably determined by BeneficiaryLender) of the Property; or the sequestration or attachment of, or levy or execution upon any of the Property, the Collateral or any other collateral provided by Borrower or Trustor Owner under any of the Loan Documents, or any material portion of the other assets of Borrower or TrustorOwner, which sequestration, attachment, levy or execution is not released or dismissed within 45 60 days after its occurrence; or the sale of any assets affected by any of the foregoing.
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)
Condemnation; Attachment. The condemnation, seizure or appropriation of any material portion (as reasonably determined by Beneficiary) of the Property; or the sequestration or attachment of, or levy or execution upon any of the Property, the Collateral or any other collateral provided by Borrower or Trustor under any of the Loan Documents, or any material portion of the other assets of Borrower or Trustor, which sequestration, attachment, levy or execution is not released or dismissed within 45 forty-five (45) days after its occurrence; or the sale of any assets affected by any of the foregoing.
Appears in 1 contract
Samples: Leases and Security Agreement (Paladin Realty Income Properties Inc)
Condemnation; Attachment. The condemnation, seizure or appropriation of any material portion (as reasonably determined by Beneficiary) of the Property; or the sequestration or attachment of, or levy or execution upon any of the Property, the Collateral or any other collateral provided by Borrower or Trustor under any of the Loan Documents, or any material portion of the other assets of Borrower or Trustor, which sequestration, attachment, levy or execution is not released or dismissed within 45 60 days after its occurrence; or the sale of any assets affected by any of the foregoing.
Appears in 1 contract
Samples: Security Agreement (KBS Real Estate Investment Trust, Inc.)
Condemnation; Attachment. The condemnation, seizure or appropriation of any material portion (as reasonably determined by BeneficiaryMortgagee) of the Property; or the sequestration or attachment of, or levy or execution upon any of the Property, the Collateral or any other collateral provided by Borrower or Trustor Mortgagor under any of the Loan Documents, or any material portion of the other assets of Borrower or TrustorMortgagor, which sequestration, attachment, levy or execution is not released or dismissed within 45 60 days after its occurrence; or the sale of any assets affected by any of the foregoing.
Appears in 1 contract
Samples: Security Agreement (KBS Real Estate Investment Trust, Inc.)
