Common use of Mortgagee Not Responsible Clause in Contracts

Mortgagee Not Responsible. Under no circumstances shall Mortgagee have any duty to produce Rents from the Property. Regardless of whether or not Mortgagee, in person or by agent, takes actual possession of the Premises and Improvements, unless Mortgagee agrees in writing to the contrary, Mortgagee is not and shall not be deemed to be:

Appears in 26 contracts

Samples: Security Agreement and Fixture Filing (CNL Healthcare Properties II, Inc.), Purchase and Sale Agreement (Epr Properties), Purchase and Sale Agreement (CNL Lifestyle Properties Inc)

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Mortgagee Not Responsible. Under no circumstances shall Mortgagee have any duty to produce Rents from the Property. Regardless of whether or not Mortgagee, in person or by agent, takes actual possession of the Premises and Improvements, unless Mortgagee Xxxxxxxxx agrees in writing to the contrary, Mortgagee is not and shall not be deemed to be:

Appears in 4 contracts

Samples: Glimcher Realty Trust, Glimcher Realty Trust, Glimcher Realty Trust

Mortgagee Not Responsible. Under no circumstances shall Mortgagee have any duty to produce collect Rents from the Property. Regardless of whether or not Mortgagee, in person or by agent, takes actual possession of the Premises Land and Improvements, unless Mortgagee agrees in writing to the contrary, Mortgagee is not and shall not be deemed to be:

Appears in 2 contracts

Samples: Credit Agreement (Cig Wireless Corp.), Credit Agreement (Cig Wireless Corp.)

Mortgagee Not Responsible. Under no circumstances shall Mortgagee have any duty to produce Rents from the Property. Regardless of whether or not Mortgagee, in person or by agent, takes actual possession of the Premises Land and Improvements, unless Mortgagee agrees in writing to the contrary, Mortgagee is not and shall not be deemed to be:

Appears in 1 contract

Samples: Fixture Filing (CNL Healthcare Properties, Inc.)

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Mortgagee Not Responsible. Under no circumstances shall Mortgagee have any duty to produce Rents from the PropertyProperty or maintain the Leases. Regardless of whether or not Mortgagee, in person or by agent, takes actual possession of the Premises Land and Improvements, unless Mortgagee agrees in writing to the contrary, Mortgagee is not and shall not be deemed to be:

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Entertainment Inc)

Mortgagee Not Responsible. Under no circumstances shall ------------------------- Mortgagee have any duty to produce Rents from the PropertyProperty or maintain the Leases. Regardless of whether or not Mortgagee, in person or by agent, takes actual possession of the Premises Land and Improvements, unless Mortgagee agrees in writing to the contrary, Mortgagee is not and shall not be deemed to be:

Appears in 1 contract

Samples: Loan Agreement (MGM Grand Inc)

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