Possession and Use of Collateral. Except as otherwise provided in this Section or the other Loan Documents (as defined in the Loan Agreement), so long as no Default exists under this Mortgage or any of the Loan Documents, Mortgagor may possess, use, move, transfer or dispose of any of the Collateral in the ordinary course of Mortgagor’s business and in accordance with the Loan Agreement.
Appears in 8 contracts
Samples: Open End Mortgage (KBS Real Estate Investment Trust II, Inc.), Open End Mortgage (KBS Real Estate Investment Trust II, Inc.), Open End Mortgage (KBS Real Estate Investment Trust II, Inc.)
Possession and Use of Collateral. Except as otherwise provided in this Section or the other Loan Documents (as defined in the Loan Credit Agreement), so long as no Default exists under this Mortgage or any of the Loan Documents, Mortgagor may possess, use, move, transfer or dispose of any of the Collateral in the ordinary course of Mortgagor’s business and in accordance with the Loan Credit Agreement.
Appears in 1 contract
Samples: Mortgage (Virco MFG Corporation)
Possession and Use of Collateral. Except as otherwise provided in this Section or the other Loan Documents (as defined in the Loan Credit Agreement), so long as no Default exists under this Mortgage or any of the Loan Documents, Mortgagor may possess, use, move, transfer or dispose of any of the Collateral in the ordinary course of Mortgagor’s 's business and in accordance with the Loan Credit Agreement.
Appears in 1 contract
Samples: Mortgage (Virco MFG Corporation)
Possession and Use of Collateral. Except as otherwise provided in this Section or the other Loan Documents (as defined in the Loan Agreement), so long as no Default exists under this Mortgage or any of the Loan Documents, Mortgagor may possess, use, move, transfer or dispose of any of the Collateral in the ordinary course of Mortgagor’s 's business and in accordance with the Loan Agreement.
Appears in 1 contract
Samples: Mortgage (KBS Real Estate Investment Trust II, Inc.)
