No Obligation of Trustee or Beneficiary. The assignment and security interest herein granted shall not be deemed or construed to constitute Trustee or Beneficiary as a trustee in possession of the Mortgaged Property, to obligate Trustee or Beneficiary to lease the Mortgaged Property or attempt to do same, or to take any action, incur any expense or perform or discharge any obligation, duty or liability whatsoever.
Appears in 12 contracts
Samples: Mortgage, Line of Credit Mortgage and Deed of Trust (Holly Energy Partners Lp), LLC Interest Purchase Agreement (Holly Energy Partners Lp), LLC Interest Purchase Agreement (HollyFrontier Corp)
No Obligation of Trustee or Beneficiary. The assignment and security interest herein granted shall not be deemed or construed to constitute Trustee or Beneficiary as a trustee in possession of the Mortgaged Property, to obligate Trustee or Beneficiary to lease the Mortgaged Property or attempt to do same, or to take any action, incur any expense or perform or discharge any obligation, duty or liability whatsoeverwhatsoever under any of the Leases or otherwise.
Appears in 5 contracts
Samples: Leasehold Deed of Trust, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Westway Group, Inc.), Deed of Trust (Westway Group, Inc.), Leasehold Deed of Trust, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Westway Group, Inc.)
No Obligation of Trustee or Beneficiary. The assignment and security interest herein granted shall not be deemed or construed (a) to constitute Trustee or Beneficiary as a trustee in possession of the Mortgaged PropertyProperty or, (b) to obligate Trustee or Beneficiary to (i) lease the Mortgaged Property or attempt to do same, or to (ii) take any action, (iii) incur any expense expenses or perform or discharge any obligation, duty or liability whatsoeverwhatsoever under any of the Leases or otherwise.
Appears in 4 contracts
Samples: Mortgage, Deed of Trust, Assignment, Security Agreement, Financing Statement and Fixture Filing (Calpine Corp), Mortgage, Deed of Trust, Assignment, Security Agreement, Financing Statement and Fixture Filing (Calpine Corp), Mortgage Agreement (Calpine Corp)
No Obligation of Trustee or Beneficiary. The assignment and security interest herein granted shall not be deemed or construed to constitute Trustee or Beneficiary as a trustee in possession of the Mortgaged Property, to obligate Trustee or Beneficiary to lease operate the Mortgaged Property or attempt to do the same, or to take any action, incur any expense expenses or perform or discharge any obligation, duty or liability whatsoeverwhatsoever under any of the Leases or otherwise.
Appears in 1 contract
Samples: Future Advance Deed of Trust (Kv Pharmaceutical Co /De/)
