Common use of License to Manage Secured Property Clause in Contracts

License to Manage Secured Property. Notwithstanding anything to the contrary contained in Section 1.09A or Section 1.09B, so long as there shall exist no Event of Default hereunder, Mortgagor shall have the license to manage and operate the Secured Property, including the right to enter into Leases, and collect all Rents as they accrue (but not more than one month in advance).

Appears in 4 contracts

Samples: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Dividend Capital Diversified Property Fund Inc.), Mortgage, Assignment of Leases and Rents and Security Agreement (Industrial Income Trust Inc.), Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Dividend Capital Total Realty Trust Inc.)

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License to Manage Secured Property. Notwithstanding anything ---------------------------------- to the contrary contained in Section Subsection 1.09A or Section 1.09Babove, so long as there shall ---------------- exist no Event of Default hereunder, Mortgagor shall have the license to manage and operate the Secured Property, subject to Section 1.08 herein, including ------------ without limitation, the right to enter into Leases, and collect all Rents collect, as they accrue (but not more than one month in advance)accrue, all such rents, income, profits and cash collateral.

Appears in 1 contract

Samples: Mortgage, Assignment of Leases and Rents and Security Agreement (Overseas Partners LTD)

License to Manage Secured Property. Notwithstanding anything to the contrary contained in Section 1.09A or Section 1.09B, so long as there shall exist no Event of Default hereunder, Mortgagor Trustor shall have the license to manage and operate the Secured Property, including the right to enter into Leases, and collect all Rents as they accrue (but not more than one month in advance).

Appears in 1 contract

Samples: Deed of Trust (Maguire Properties Inc)

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License to Manage Secured Property. Notwithstanding anything to the contrary contained in Section 1.09A or Section 1.09B, so long as there shall exist no Event of Default hereunder, Mortgagor Borrower shall have the revocable license to manage and operate the Secured Property, including the right to enter into Leases, and collect all Rents as they accrue (but not more than one month in advance).

Appears in 1 contract

Samples: Deed to Secure Debt, Assignment of Leases and Rents and Security Agreement (Systemax Inc)

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