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: Disturbance and Attornment Agreement (Holly Energy Partners Lp), Site Services Agreement (HollyFrontier Corp), Site Services Agreement (Holly Energy Partners Lp)
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: Lease Agreement (Westway Group, Inc.), Lease Agreement (Westway Group, Inc.), Lease Agreement (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: Collateral Trust Agreement (Calpine Corp), Collateral Trust Agreement (Calpine Corp), Collateral Trust 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.
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