Common use of GRANTING CLAUSE EIGHT Clause in Contracts

GRANTING CLAUSE EIGHT. All proceeds of and any unearned premiums on any insurance policies covering the Real Property or any part thereof including, without limitation, the right to receive and apply the proceeds of any insurance, judgments or settlements made in lieu thereof, for damage to the Real Property or any part thereof. GRANTING CLAUSE NINE All tax refunds, including interest thereon, tax credits and tax abatements and the right to receive or benefit from the same, which may be payable or available with respect to the Real Property. GRANTING CLAUSE TEN The right, in the name and on behalf of Mortgagor, to appear in and defend any action or proceeding brought with respect to the Real Property or any part thereof and to commence any action or proceeding to protect the interest of Mortgagee in the Real Property or any part thereof. GRANTING CLAUSE ELEVEN All accounts receivable, utility or other deposits, intangibles, contract rights, interests, estates or other claims, both in law and in equity, which Mortgagor now has or may hereafter acquire in the Real Property or any part thereof.

Appears in 2 contracts

Samples: Leases and Rents Security Agreement and Fixture Filing (GTJ REIT, Inc.), And Security Agreement (GTJ REIT, Inc.)

AutoNDA by SimpleDocs

GRANTING CLAUSE EIGHT. All proceeds of and any unearned premiums on any insurance policies covering the Real Property or any part thereof including, without limitation, the right to receive and apply the proceeds of any insurance, judgments or settlements made in lieu thereof, for damage to the Real Property or any part thereof. GRANTING CLAUSE NINE All tax refunds, including interest thereon, tax credits and tax abatements and the right to receive or benefit from the same, which may be payable or available with respect to the Real Property. GRANTING CLAUSE TEN The right, in the name and on behalf of Mortgagor, to appear in and defend any action or proceeding brought with respect to the Real Property or any part thereof and to commence any action or proceeding to protect the interest of Mortgagee in the Real Property or any part thereof. GRANTING CLAUSE ELEVEN All accounts receivable, utility or other deposits, intangibles, contract rights, interests, estates or other claims, both in law and in equity, which Mortgagor now has or may hereafter acquire in the Real Property or any part thereof.. Loan No. 526618:11

Appears in 1 contract

Samples: Rents and Security Agreement (FSP 303 East Wacker Drive Corp.)

AutoNDA by SimpleDocs

GRANTING CLAUSE EIGHT. All proceeds of and any unearned premiums on any insurance policies covering the Real Property or any part thereof including, without limitation, the right to receive and apply the proceeds of any insurance, judgments or settlements made in lieu thereof, for damage to the Real Property or any part thereof. GRANTING CLAUSE NINE All tax refunds, including interest thereon, tax credits and tax abatements and the right to receive or benefit from the same, which may be payable or available with respect to the Real Property. GRANTING CLAUSE TEN The right, in the name and on behalf of Mortgagor, to appear in and defend any action or proceeding brought with respect to the Real Property or any part thereof and to commence any action or proceeding to protect the interest of Mortgagee in the Real Property or any part thereof. GRANTING CLAUSE ELEVEN All accounts receivable, utility or other deposits, intangibles, contract rights, interests, estates estate or other claims, both in law and in equity, which Mortgagor now has or may hereafter acquire in the Real Property or any part thereof.. Loan No. 3212525

Appears in 1 contract

Samples: Leases and Rents and Security Agreement (Dm Management Co /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.