Mortgagee in Possession. Nothing contained in this Mortgage shall be construed as constituting Mortgagee a mortgagee in possession in the absence of the actual taking of possession of the Property.
Appears in 7 contracts
Samples: Credit Agreement (Mirant North America, LLC), Mortgage, Security Agreement, Assignment of Leases and Rents and Financing Statement (Gibraltar Packaging Group Inc), Mortgage, Security Agreement, Assignment of Leases and Rents and Financing Statement (Gibraltar Packaging Group Inc)
Mortgagee in Possession. Nothing contained in this Second Mortgage shall be construed as constituting Mortgagee a mortgagee in possession in the absence of the actual taking of possession of the Property.
Appears in 3 contracts
Samples: Open End Correction Second Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement and Fixture Filing (Playtex Sales & Services Inc), Open End Correction Second Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement and Fixture Filing (Playtex Sales & Services Inc), Correction Second Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement and Fixture Filing (Playtex Sales & Services Inc)
Mortgagee in Possession. Nothing contained in this Mortgage shall be construed as constituting Mortgagee Lender a mortgagee in possession in the absence of the actual taking of possession of the Mortgaged Property.
Appears in 2 contracts
Samples: Mortgage, Security Agreement, Assignment of Leases and Rents (Lodging Fund REIT III, Inc.), Fee and Leasehold Mortgage, Security Agreement, Assignment of Leases and Rents, Financing Statement, and Fixture Filing
Mortgagee in Possession. Nothing contained in this Mortgage shall be construed as constituting Mortgagee Lender as a mortgagee in possession in the absence of the actual taking of possession of the Property.
Appears in 1 contract