Common use of Possession and Use of Collateral Clause in Contracts

Possession and Use of Collateral. Except as otherwise provided in this Article or in the other Loan Documents, so long as no Default exists under this Deed of Trust or any of the Loan Documents, Trustor may possess, use, move, transfer or dispose of any of the Collateral in the ordinary course of Trustor's business and in accordance with the Loan Agreement.

Appears in 3 contracts

Samples: Deed of Trust (Prudential Bache Equitec Real Estate Partnership), Deed of Trust (Prudential Bache Equitec Real Estate Partnership), Deed of Trust (Prudential Bache Equitec Real Estate Partnership)

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Possession and Use of Collateral. Except as otherwise provided in this Article Section or in the other Loan DocumentsDocuments (as defined in the Loan Agreement), so long as no Default exists under this Deed of Trust or any of the Loan Documents, Trustor may possess, use, move, transfer or dispose of any of the Collateral in the ordinary course of Trustor's ’s business and in accordance with the Loan Agreement.

Appears in 2 contracts

Samples: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (KBS Strategic Opportunity REIT, Inc.), Deed of Trust (KBS Real Estate Investment Trust, Inc.)

Possession and Use of Collateral. Except as otherwise provided in this Article Section or in the other Loan Documents, so long as no Default exists under this Deed of Trust or any of the Loan Documents, Trustor may possess, use, move, transfer or dispose of any of the Collateral in the ordinary course of Trustor's business and in accordance with the Loan Agreement.

Appears in 1 contract

Samples: Deed of Trust (Communications & Power Industries Inc)

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Possession and Use of Collateral. Except as otherwise provided in this Article Section or in the other Loan DocumentsDocuments (as defined in the Loan Agreement), so long as no Default exists under this Deed of Trust or any of the Loan Documents, Trustor may possess, use, move, transfer or dispose of any of the Collateral in the ordinary course of Trustor's business and in accordance with the Loan Agreement.

Appears in 1 contract

Samples: Deed of Trust (Communications & Power Industries Inc)

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