Common use of Nonrecourse Clause in Contracts

Nonrecourse. Except as otherwise set forth in this Paragraph, Xxxxxx's recourse under this Note, the XXXX Note, the Mortgage and the Related Agreements shall be limited to and satisfied from the Property and the proceeds thereof, the rents and all other income arising therefrom during and after the month in which an Event of Default has occurred, the other assets of Maker arising out of the Property which are given as collateral for this Note and the XXXX Note and any other collateral given in writing to Holder as security for repayment of this Note (all of the foregoing are collectively referred to as the "Loan Collateral"). Notwithstanding the preceding sentence:

Appears in 2 contracts

Samples: Mortgage Note (Inland Western Retail Real Estate Trust Inc), Inland Western Retail Real Estate Trust Inc

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Nonrecourse. Except as otherwise set forth in this Paragraph, Xxxxxx's recourse under this Note, the XXXX AIC Note, the Mortgage and the Related Agreements shall be limited to and satisfied from the Property and the proceeds thereof, the rents and all other income arising therefrom during and after the month in which an Event of Default has occurred, the other assets of Maker arising out of the Property which are given as collateral for this Note and the XXXX AIC Note and any other collateral given in writing to Holder as security for repayment of this Note (all of the foregoing are collectively referred to as the "Loan Collateral"). Notwithstanding the preceding sentence:

Appears in 2 contracts

Samples: Inland Western Retail Real Estate Trust Inc, Inland Western Retail Real Estate Trust Inc

Nonrecourse. Except as otherwise set forth in this Paragraph, Xxxxxx's recourse under this Note, the XXXX Note, the Mortgage and the Related Agreements shall be limited to and satisfied from the Property and the proceeds thereof, the rents and all other income arising therefrom during and after the month in which an Event of Default has occurred, the other assets of Maker arising out of the Property which are given as collateral for this Note and or the XXXX Note Note, and any other collateral given in writing to Holder as security for repayment of this Note or the XXXX Note (all of the foregoing are collectively referred to as the "Loan Collateral"). Notwithstanding the preceding sentence:

Appears in 1 contract

Samples: Inland Western Retail Real Estate Trust Inc

Nonrecourse. Except as otherwise set forth in this Paragraph, Xxxxxx's recourse under this Note, the XXXX AIC Phase II Note, the Mortgage Deed of Trust and the Related Agreements shall be limited to and satisfied from the Property and the proceeds thereof, the rents and all other income arising therefrom during and after the month in which an Event of Default has occurred, the other assets of Maker arising out of the Property which are given as collateral for this Note and the XXXX AIC Phase II Note and any my other collateral given in writing to Holder as security for repayment of this Note (all of the foregoing are collectively referred to as the "Loan Collateral"). Notwithstanding the preceding sentence:

Appears in 1 contract

Samples: Inland Western Retail Real Estate Trust Inc

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Nonrecourse. Except as otherwise set forth in this Paragraph, Xxxxxx's recourse under this Note, the XXXX Note, the Mortgage and the Related Agreements shall be limited to and satisfied from the Property and the proceeds thereof, the rents and all other income arising therefrom during and after the month in which an Event of Default has occurred, the other assets of Maker arising out of the Property which are given as collateral for this Note and or the XXXX Note AIC Note, and any other collateral given in writing to Holder as security for repayment of this Note or the AIC Note (all of the foregoing are collectively referred to as the "Loan Collateral"). Notwithstanding the preceding sentence:

Appears in 1 contract

Samples: Inland Western Retail Real Estate Trust Inc

Nonrecourse. Except as otherwise set forth in this Paragraph, Xxxxxx's recourse under this Note, the XXXX AIC Note, the Mortgage Deed of Trust and the Related Agreements shall be limited to and satisfied from the Property and the proceeds thereof, the rents and all other income arising therefrom during and after the month in which an Event of Default has occurred, the other assets of Maker arising out of the Property which are given as collateral for this Note and the XXXX AIC Note and any other collateral given in writing to Holder as security for repayment of this Note (all of the foregoing are collectively referred to as the "Loan Collateral"). Notwithstanding the preceding sentence:

Appears in 1 contract

Samples: Inland Western Retail Real Estate Trust Inc

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