Common use of Incorporation of Certain Nevada Covenants Clause in Contracts

Incorporation of Certain Nevada Covenants. The following covenants, Nos. 1, 3, 4 (Default Rate), 6, 7 (reasonable), 8 and 9 of NRS 107.030, where not in conflict with the express provisions of any Loan Document, are hereby adopted and made a part of this Deed of Trust. Upon any Event of Default by the Grantor hereunder, the Beneficiary may (a) declare all sums secured immediately due and payable without demand or notice or (b) have a receiver appointed as a matter of right without regard to the sufficiency of said property or any other security or guaranty and without any showing as required by NRS 107.100. All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this Deed of Trust or afforded by law or equity and may be exercised concurrently, independently or successively. The sale of said property conducted pursuant to Covenants Nos. 6, 7 and 8 of NRS 107.030 may be conducted either as to the whole of said property or in separate parcels and in such order as the Trustee may determine.

Appears in 4 contracts

Samples: Leasehold Deed of Trust (Smith & Wollensky Restaurant Group Inc), Leasehold Deed of Trust (Smith & Wollensky Restaurant Group Inc), Smith & Wollensky Restaurant Group Inc

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Incorporation of Certain Nevada Covenants. The following covenants, Nos. 1, 3, 4 (Default at the Agreed Rate), 6, 7 (reasonablereasonable percentage), 8 and 9 of NRS 107.030, where not in conflict with the express provisions of any the Loan DocumentDocuments, are hereby adopted and made a part of this Deed of Trust. Upon any Event of Default by the Grantor Trustor hereunder, the Beneficiary may (a) declare all sums secured immediately due and payable without demand or notice or (b) have a receiver appointed as a matter of right without regard to the sufficiency of said property or any other security or guaranty and without any showing as required by NRS §107.100. All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this Deed of Trust or afforded by law or equity and may be exercised concurrently, independently or successively. The sale of said property conducted pursuant to Covenants Nos. 6, 7 and 8 of NRS §107.030 may be conducted either as to the whole of said property or in separate parcels and in such order as the Trustee may determine.

Appears in 1 contract

Samples: Eldorado Resorts LLC

Incorporation of Certain Nevada Covenants. The following covenants, Nos. 1, 3, 4 (Default at the Agreed Rate), 6, 7 (reasonablereasonable percentage), 8 and 9 of NRS 107.030, where not in conflict with the express provisions of any the Loan DocumentDocuments, are hereby adopted and made a part of this Deed of Trust. Upon any Event of Default by the Grantor Trustor hereunder, the Beneficiary may (a) declare all sums secured immediately due and payable without demand or notice or (b) have a receiver appointed as a matter of right without regard to the sufficiency of said property or any other security or guaranty and without any showing as required by NRS 107.100. All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this Deed of Trust or afforded by law or equity and may be exercised concurrently, independently or successively. The sale of said property conducted pursuant to Covenants Nos. 6, 7 and 8 of NRS 107.030 may be conducted either as to the whole of said property or in separate parcels and in such order as the Trustee may determine. 41.

Appears in 1 contract

Samples: Credit Agreement (Circus Circus Enterprises Inc)

Incorporation of Certain Nevada Covenants. The following covenants, Nos. 1, 3, 4 (Default at the Agreed Rate), 6, 7 (reasonablereasonable percentage), 8 and 9 of NRS 107.030, where not in conflict with the express provisions of any Loan Documentthe Transaction Documents, are hereby adopted and made a part of this Deed of Trust. Upon any Event of Default by the Grantor Trustor hereunder, the Beneficiary may (a) declare all sums secured immediately due and payable without demand or notice or (b) have a receiver appointed as a matter of right without regard to the sufficiency of said property or any other security or guaranty and without any showing as required by NRS §107.100. All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this Deed of Trust or afforded by law or equity and may be exercised concurrently, independently or successively. The sale of said property conducted pursuant to Covenants Nos. 6, 7 and 8 of NRS §107.030 may be conducted either as to the whole of said property or in separate parcels and in such order as the Trustee may determine.

Appears in 1 contract

Samples: Eldorado Resorts LLC

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Incorporation of Certain Nevada Covenants. The following covenants, Nos. 1, 3, 4 (Default at the Agreed Rate), 6, 7 (reasonable), 8 and 9 of NRS 107.030, where not in conflict with the express provisions of any the Loan DocumentDocuments, are hereby adopted and made a part of this Deed of Trust. Upon any Event of Default by the Grantor Trustor hereunder, the Beneficiary may (a) declare all sums secured immediately due and payable without demand or notice or (b) have a receiver appointed as a matter of right without regard to the sufficiency of said property or any other security or guaranty and without any showing as required by NRS 107.100. All remedies provided in this Deed of Trust are distinct and cumulative to any other right or remedy under this Deed of Trust or afforded by law or equity and may be exercised concurrently, independently or successively. The sale of said property conducted pursuant to Covenants Nos. 6, 7 and 8 of NRS 107.030 may be conducted either as to the whole of said property or in separate parcels and in such order as the Trustee may determine.

Appears in 1 contract

Samples: Agreement (Players International Inc /Nv/)

Incorporation of Certain Nevada Covenants. The following covenants, Nos. 1, 3, 4 (at the Default RateRate as such term is defined in the Loan Agreement), 6, 7 (reasonablecounsel fees as determined in the Loan Agreement), 8 and 9 of NRS § 107.030, where not in conflict with the express provisions of any Loan Document, are hereby adopted and made a part of this Deed of TrustSecurity Instrument. Upon the occurrence of any Event of Default by the Grantor hereunderDefault, the Beneficiary Agent may (a) declare all sums secured immediately due and payable without demand or notice or (b) have a receiver appointed as a matter of right without regard to the sufficiency of said property or any other security or guaranty and without any showing as required by NRS § 107.100. All remedies provided in this Deed of Trust Security Instrument are distinct and cumulative to any other right or remedy under this Deed of Trust Security Instrument or afforded by law or equity and may be exercised concurrently, independently or successively. The sale of said property conducted pursuant to Covenants Nos. 6, 7 and 8 of NRS § 107.030 may be conducted either as to the whole of said property or in separate parcels and in such order as the Trustee may determine.

Appears in 1 contract

Samples: Agreement and Fixture Filing (Excel Trust, L.P.)

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