Common use of Reconveyance by Trustee Clause in Contracts

Reconveyance by Trustee. Upon written request of Beneficiary stating that all sums secured hereby have been irrevocably paid in full, Trustee shall reconvey to Grantor, or to the person or persons legally entitled thereto, without warranty, any portion of the Trust Property then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. 

Appears in 5 contracts

Samples: Second Lien Deed of Trust (Green Plains Inc.), Second Lien Deed of Trust (Green Plains Inc.), Second Lien Deed of Trust (Green Plains Inc.)

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Reconveyance by Trustee. Upon written request of Beneficiary stating that all sums secured hereby have been irrevocably paid in fullpaid, and upon payment by Grantor of a Trustee's fees, Trustee shall reconvey to Grantor, or to the person or persons legally entitled thereto, without warranty, any portion of the Trust Property then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in any reconveyance may be described as "the person or persons legally entitled thereto."

Appears in 4 contracts

Samples: Deed of Trust (Bear Island Finance Co Ii), Deed of Trust (Bear Island Finance Co Ii), Credit Agreement (Bear Island Finance Co Ii)

Reconveyance by Trustee. Upon written request of Beneficiary stating that all sums secured hereby have been irrevocably paid in fullpaid, and upon payment by Grantor of Trustee's fees, Trustee shall reconvey to Grantor, or to the person or persons legally entitled thereto, without warranty, any portion of the Trust Property then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in any reconveyance may be described as "the person or persons legally entitled thereto."

Appears in 3 contracts

Samples: Deed of Trust (American Buildings Co /De/), Deed of Trust (American Buildings Co /De/), Deed of Trust (American Buildings Co /De/)

Reconveyance by Trustee. Upon written request of Beneficiary stating that all sums secured hereby have been irrevocably paid in fulland upon surrender of this Deed of Trust to Trustee for cancellation and retention and upon payment by Grantor of Trustee’s fees, Trustee shall reconvey to Grantor, or to the person or persons legally entitled thereto, without warranty, any portion of the Trust Property then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. .

Appears in 2 contracts

Samples: Loan Implementation Agreement (Tianwei New Energy Holdings Co., LTD), Loan Implementation Agreement (Hoku Scientific Inc)

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Reconveyance by Trustee. Upon written request of Beneficiary stating that all sums secured hereby have been irrevocably paid in full, Trustee shall reconvey to Grantor, or to the person or persons legally entitled thereto, without warranty, any portion of the Trust Property then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof.  

Appears in 2 contracts

Samples: First Lien Deed of Trust (Green Plains Inc.), First Lien Deed of Trust (Green Plains Inc.)

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