Common use of Filing of Certain Claims Clause in Contracts

Filing of Certain Claims. Guarantor promptly will file in any bankruptcy or other proceeding in which the filing of claims is required by law all claims and proofs of such claims which Guarantor may have against any other Guarantor, and will collaterally assign to Lender or its nominee all rights of such Guarantor thereunder. If any Guarantor does not so file, such Guarantor hereby irrevocably authorizes Lender or its nominee to do so, either (in Xxxxxx’s discretion) as attorney-in-fact for such Guarantor, or in the name of Lender or Xxxxxx’s nominee. In all such cases, any party authorized to pay such claim will pay to Lender or its nominee the full amount thereof.

Appears in 3 contracts

Samples: Glimcher Realty Trust, Glimcher Realty Trust, Inland American Real Estate Trust, Inc.

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Filing of Certain Claims. Guarantor shall promptly will file in any bankruptcy or other proceeding in which the filing of claims is required by law all claims and proofs of such claims which Guarantor may have against any other Guarantor, and will collaterally assign to the Lender or its nominee all rights of such Guarantor thereunder. If any Guarantor does not so file, such Guarantor hereby irrevocably authorizes the Lender or its nominee to do so, either (in Xxxxxxthe Lender’s discretion) as attorney-in-fact for such Guarantor, or in the name of the Lender or Xxxxxxthe Lender’s nominee. In all such cases, any party authorized to pay such claim will shall pay to the Lender or its nominee the full amount thereof.

Appears in 2 contracts

Samples: Inland Real Estate Corp, Inland Real Estate Corp

Filing of Certain Claims. Guarantor shall promptly will file in any bankruptcy or other proceeding in which the filing of claims is required by law all claims and proofs of such claims which Guarantor may have against any other Guarantor, and will collaterally assign to the Lender or its nominee all rights of such Guarantor thereunder. If any Guarantor does not so file, such Guarantor hereby irrevocably authorizes the Lender or its nominee to do so, either (in Xxxxxx’s the Lender's discretion) as attorney-in-fact for such Guarantor, or in the name of the Lender or Xxxxxx’s the Lender's nominee. In all such cases, any party authorized to pay such claim will shall pay to the Lender or its nominee the full amount thereof.

Appears in 1 contract

Samples: Ramco Gershenson Properties Trust

Filing of Certain Claims. Guarantor shall promptly will file in any bankruptcy or other proceeding in which the filing of claims is required by law all claims and proofs of such claims which Guarantor may have against any other GuarantorBorrower, and will collaterally assign to Lender or its nominee all rights of such Guarantor thereunder. If any Guarantor does not so file, such Guarantor hereby irrevocably authorizes Lender or its Lender’s nominee to do so, either (in XxxxxxLender’s discretion) as attorney-in-fact for such Guarantor, or in the name of Lender or XxxxxxLender’s nominee. In all such cases, any party authorized to pay such claim will shall pay to Lender Lender, or its nominee nominee, the full amount thereof.

Appears in 1 contract

Samples: Settlement Agreement (Marine Growth Ventures Inc)

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Filing of Certain Claims. Guarantor promptly will file in any bankruptcy or other proceeding in which the filing of claims is required by law all claims and proofs of such claims which Guarantor may have against any other Guarantor, and will collaterally assign to Lender or its nominee all rights of such Guarantor thereunder. If any Guarantor does not so file, such Guarantor hereby irrevocably authorizes Lender or its nominee to do so, either (in XxxxxxLender’s discretion) as attorney-in-fact for such Guarantor, or in the name of Lender or XxxxxxLender’s nominee. In all such cases, any party authorized to pay such claim will pay to Lender or its nominee the full amount thereof.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (Glimcher Realty Trust)

Filing of Certain Claims. Guarantor shall promptly will file in any bankruptcy or other proceeding Bankruptcy Proceeding in which the filing of claims is required by law all claims and proofs of such claims which Guarantor may have against any other GuarantorBorrower, and will collaterally assign to Lender or its nominee all rights of such Guarantor thereunder. If any Guarantor does not so filefile within five (5) days following notice from the Lender, such Guarantor hereby irrevocably authorizes Lender or its nominee to do so, either (in Xxxxxx’s discretion) as attorney-in-attorney in fact for such Guarantor, or in the name of Lender or Xxxxxx’s nominee. In all such cases, any party authorized to pay such claim will shall pay to Lender or its nominee the full amount thereof.

Appears in 1 contract

Samples: Sole Member Guaranty (Arcimoto Inc)

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