Common use of Enforcement of Security Interests Clause in Contracts

Enforcement of Security Interests. Beneficiary may exercise all rights of a secured party under the Code with respect to the Chattels and the Intangible Personalty, including but not limited to taking possession of, holding, and selling the Chattels and enforcing or otherwise realizing upon any accounts and general intangibles. Any requirement for reasonable notice of the time and place of any public sale, or of the time after which any private sale or other disposition is to be made, will be satisfied by Beneficiary’s giving of such notice to Grantor at least five days prior to the time of any public sale or the time after which any private sale or other intended disposition is to be made.

Appears in 2 contracts

Samples: Deed of Trust (Griffin Capital Essential Asset REIT II, Inc.), Deed of Trust (Griffin Capital Essential Asset REIT II, Inc.)

AutoNDA by SimpleDocs

Enforcement of Security Interests. Beneficiary may exercise all rights of a secured party under the Code with respect to the Chattels and the Intangible Personalty, including but not limited to taking possession of, holding, and selling the Chattels and enforcing or otherwise realizing upon any accounts and general intangibles. Any requirement for reasonable notice of the time and place of any public sale, or of the time after which any private sale or other disposition is to be made, will be satisfied by Beneficiary’s giving of such notice to Grantor Trustor at least five days prior to the time of any public sale or the time after which any private sale or other intended disposition is to be made.

Appears in 1 contract

Samples: Deed of Trust (KBS Real Estate Investment Trust, Inc.)

Enforcement of Security Interests. Beneficiary may exercise all rights of a secured party under the Uniform Commercial Code with respect to the Chattels and the Intangible Personalty, including but not limited to including, without limitation, taking possession of, holding, and selling the Chattels and enforcing or otherwise realizing upon any accounts and general intangibles. Any requirement for reasonable notice of the time and place of any public sale, or of the time after which any private sale or other disposition is to be made, will be satisfied by Beneficiary’s giving of such notice to Grantor at least five ten (10) days prior to the time of any public sale or the time after which any private sale or other intended disposition is to be made.

Appears in 1 contract

Samples: Deed of Trust (Behringer Harvard Opportunity REIT II, Inc.)

AutoNDA by SimpleDocs

Enforcement of Security Interests. Beneficiary may exercise all rights of a secured party under the Code with respect to the Chattels and the Intangible PersonaltyPersonality, including but not limited to taking possession of, . holding, and selling the Chattels and enforcing or otherwise realizing upon any accounts and general intangibles. Any requirement for reasonable notice of the time and place of any public sale, or of the time after which any private sale or other disposition is to be made, will be satisfied by Beneficiary’s giving of such notice to Grantor Trustor at least five days prior to the time of any public sale or the time after which any private sale or other intended disposition is to be made.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement, Fixture Filing, Financing Statement and Assignment of Leases and Rents (Hudson Pacific Properties, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!