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, Grantor 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 2 contracts

Samples: Deed of Trust (Kilroy Realty, L.P.), Deed of Trust (Trade Street Residential, 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, Grantor 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).. WCSR 31223371 30 Deed of Trust Loan No. 374-0518

Appears in 1 contract

Samples: Deed of Trust (Trade Street Residential, 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, Grantor 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).. WCSR 31792892 30 Deed of Trust Loan No. 374-0551

Appears in 1 contract

Samples: Deed of Trust (Trade Street Residential, Inc.)

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