Common use of Irrevocable Interest Clause in Contracts

Irrevocable Interest. All rights, powers and privileges of the Beneficiary herein set forth are coupled with an interest and are irrevocable, subject to the terms and conditions hereof, and the Grantor shall not take any action under the Leases or otherwise which is inconsistent with this Deed of Trust or any of the terms hereof and any such action inconsistent herewith or therewith shall be void.

Appears in 6 contracts

Samples: And Attornment Agreement (Jacobs Entertainment Inc), Security Agreement (Jacobs Entertainment Inc), Disturbance and Attornment Agreement (Jacobs Entertainment Inc)

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Irrevocable Interest. All rights, powers and privileges of the Trustee and Beneficiary herein set forth are coupled with an interest and are irrevocable, subject to the terms and conditions hereof, and the Grantor shall not take any action under the Leases or otherwise which is inconsistent with this Deed of Trust or any of the terms hereof and any such action inconsistent herewith or therewith shall be void.

Appears in 1 contract

Samples: Purchase Agreement (Terremark Worldwide Inc)

Irrevocable Interest. All rights, powers and privileges of the Beneficiary and Trustee herein set forth are coupled with an interest and are irrevocable, subject to the terms and conditions hereof, and the Grantor shall not take any action under the Leases or otherwise which is inconsistent with this Deed of Trust or any of the terms hereof and any such action inconsistent herewith or therewith shall be void.

Appears in 1 contract

Samples: Credit Agreement (Norcraft Companies Lp)

Irrevocable Interest. All rights, powers and privileges of the Beneficiary herein set forth are coupled with an interest and are irrevocable, subject to the terms and conditions hereof, and the Grantor Trustor shall not take any action under the Leases or otherwise which is inconsistent with this Deed of Trust or any of the terms hereof and any such action inconsistent herewith or therewith shall be void.

Appears in 1 contract

Samples: Security Agreement (Gsi Group Inc)

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Irrevocable Interest. All rights, powers and privileges of the Beneficiary herein set forth are coupled with an interest and are irrevocable, subject to the terms and conditions hereof, and the no Grantor shall not take any action under the Leases or otherwise which is inconsistent with this Deed of Trust or any of the terms hereof and any such action inconsistent herewith or therewith shall be void.

Appears in 1 contract

Samples: Disturbance and Attornment Agreement (Jalou Cashs LLC)

Irrevocable Interest. All rights, powers and -------------------- privileges of the Beneficiary herein set forth are coupled with an interest and are irrevocable, subject to the terms and conditions hereof, and the no Grantor shall not take any action under the Leases or otherwise which is inconsistent with this Deed of Trust or any of the terms hereof and any such action inconsistent herewith or therewith shall be void.

Appears in 1 contract

Samples: Security Agreement (Raceland Truck Plaza & Casino LLC)

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