Common use of Control by Lender After Default Clause in Contracts

Control by Lender After Default. Notwithstanding the appointment of any custodian, receiver, liquidator or trustee of Borrower, or of any of its property, or of the Property or any part thereof, to the extent permitted by Legal Requirements, Lender shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument and the Assignment in accordance with the terms hereof.

Appears in 20 contracts

Samples: Ashford Hospitality Trust Inc, Mortgage, Security Agreement (Ashford Hospitality Trust Inc), Agreement of Consolidation and Modification (Morgans Hotel Group Co.)

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Control by Lender After Default. Notwithstanding the appointment of any custodian, receiver, liquidator or trustee of Borrower, or of any of its property, or of the Property Collateral or any part thereof, to the extent permitted by Legal Requirements, Lender shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument and the Assignment in accordance with the terms hereofCollateral.

Appears in 16 contracts

Samples: Loan and Security Agreement (Ashford Hospitality Trust Inc), Loan and Security Agreement (Ashford Hospitality Trust Inc), Loan and Security Agreement (Morgans Hotel Group Co.)

Control by Lender After Default. Notwithstanding the appointment of any custodian, receiver, liquidator or trustee of Borrower, or of any of its property, or of the Property or any part thereofProperty, to the extent permitted by Legal Requirements, Lender or Trustee shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument and of the Assignment Property in accordance with the terms hereof.

Appears in 4 contracts

Samples: Xm Satellite Radio Holdings Inc, Wilshire Oil Co of Texas, Wilshire Oil Co of Texas

Control by Lender After Default. Notwithstanding the appointment of any custodian, receiver, liquidator or trustee of Borrower, or of any of its property, or of the Property Projects or any part thereof, to the extent permitted by Legal Requirements, Lender shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument Agreement and the Assignment in accordance with the terms hereof.

Appears in 3 contracts

Samples: Loan Agreement (Mack Cali Realty Corp), Loan Agreement (Mack Cali Realty L P), Loan Agreement (Mack Cali Realty Corp)

Control by Lender After Default. Notwithstanding the appointment of any custodian, receiver, liquidator or trustee of Borrower, or of any of its property, or of the Property or any part thereof, to the extent permitted by Legal Requirements, Lender shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument and the Assignment following the occurrence of an Event of Default in accordance with the terms hereof.

Appears in 2 contracts

Samples: Deed Of (Lightstone Value Plus Real Estate Investment Trust, Inc.), Lightstone Value Plus Real Estate Investment Trust, Inc.

Control by Lender After Default. Notwithstanding the appointment during the continuance of an Event of Default of any custodian, receiver, liquidator or trustee of Borrower, or of any of its property, or of the Property or any part thereof, to the extent permitted by Legal Requirements, Lender shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument and the Assignment in accordance with the terms hereof.

Appears in 2 contracts

Samples: Pebblebrook Hotel Trust, Pebblebrook Hotel Trust

Control by Lender After Default. Notwithstanding the appointment of any custodian, receiver, liquidator or trustee of BorrowerMortgagor, or of any of its property, or of the Property or any part thereof, to the extent permitted by Legal Requirements, Lender shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument and the Assignment following the occurrence of an Event of Default in accordance with the terms hereof.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.), Mortgage and Security Agreement (Lightstone Value Plus Real Estate Investment Trust, Inc.)

Control by Lender After Default. Notwithstanding the appointment of any custodian, receiver, liquidator or trustee of Borrower, or of any of its property, or of the Property or any part thereofProperty, to the extent permitted by Legal Requirements, Lender shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument and of the Assignment Property in accordance with the terms hereof.

Appears in 1 contract

Samples: Wilshire Oil Co of Texas

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Control by Lender After Default. Notwithstanding the appointment of any custodian, receiver, liquidator or trustee of Borrower, or of any of its property, or of the Property or any part thereofMortgaged Property, to the extent permitted by Legal Requirementslaw, Lender or Trustee shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument and of the Assignment Mortgaged Property in accordance with the terms hereof.

Appears in 1 contract

Samples: NNN 2003 Value Fund LLC

Control by Lender After Default. Notwithstanding the appointment of any custodian, receiver, liquidator or trustee of BorrowerGrantor, or of any of its property, or of the Property or any part thereof, to the extent permitted by Legal Requirements, Lender shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument and the Assignment in accordance with the terms hereof.

Appears in 1 contract

Samples: RLJ Lodging Trust

Control by Lender After Default. Notwithstanding the appointment of any custodian, receiver, liquidator or trustee of Borrower, or of any of its property, or of the Property or any part thereof, to the extent permitted by Legal Requirements, Lender shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument Instrument, the Mortgage and the Assignment in accordance with the terms hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Etre Reit, LLC)

Control by Lender After Default. Notwithstanding the appointment during the continuance of an Event of Default of any custodian, receiver, liquidator or trustee of Borrower, or of any of its property, or of the Property or any part thereof, to the extent permitted by Legal Requirements, Lender shall be entitled to obtain possession and control of all property now and hereafter covered by this Security Instrument and the Assignment in accordance with the terms hereof.. 91

Appears in 1 contract

Samples: Pebblebrook Hotel Trust

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