Common use of Possession by Mortgagee Clause in Contracts

Possession by Mortgagee. (a) If the Mortgagee shall take possession of the Mortgaged Property as permitted hereby, then in addition to, and not in limitation of, the Mortgagee's STATUTORY POWER OF SALE, the Mortgagee may:

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Presstek Inc /De/), Mortgage and Security Agreement (Presstek Inc /De/)

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Possession by Mortgagee. (a) If the Mortgagee shall take possession of the Mortgaged Property as permitted hereby, then in addition to, and not in limitation of, the Mortgagee's STATUTORY POWER OF SALEother legal remedies, the Mortgagee may:

Appears in 1 contract

Samples: Green Mountain Coffee Inc

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Possession by Mortgagee. (a) If the Mortgagee shall take possession of the Mortgaged Property as permitted hereby, then in addition to, and not in limitation of, the Mortgagee's ’s STATUTORY POWER OF SALE, the Mortgagee may:

Appears in 1 contract

Samples: Mortgage and Security Agreement (Micronetics Inc)

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