Common use of Remedies of Grantor Clause in Contracts

Remedies of Grantor. In the event that a claim or adjudication is made that Beneficiary has acted unreasonably or has unreasonably delayed acting in any case where by law or under the Note, this Deed of Trust or the other Loan Documents, it has an obligation to act reasonably or promptly, Beneficiary shall not be liable for any monetary damages, and Grantor’s and Guarantor’s remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 4 contracts

Samples: Deed of Trust, Leasehold Deed of Trust, Assignment of Leases and Profits, Security Agreement and Fixture Filing (Innkeepers Usa Trust/Fl), Deed of Trust (Innkeepers Usa Trust/Fl), Deed of Trust, Leasehold Deed of Trust, Assignment of Leases and Profits, Security Agreement and Fixture Filing (Innkeepers Usa Trust/Fl)

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Remedies of Grantor. In the event that a claim or adjudication is made that Beneficiary has acted unreasonably or has unreasonably delayed acting in any case where by law or under the Note, this Deed of Trust or the other Loan Documents, it has an obligation to act reasonably or promptly, Beneficiary shall not be liable for any monetary damages, and Grantor’s 's and Guarantor’s 's remedies shall be limited to injunctive relief or declaratory judgment.

Appears in 2 contracts

Samples: Deed of Trust (Equity Inns Inc), Deed of Trust (Equity Inns Inc)

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Remedies of Grantor. In the event that a claim or adjudication is made that Beneficiary has acted unreasonably or has unreasonably delayed acting in any case where by law or under the NoteAgreement, this Deed of Trust or the other Loan Documents, it has an obligation to act reasonably or promptly, Beneficiary shall not be liable for any monetary damages, and Grantor’s and Guarantor’s 's remedies shall be limited to injunctive relief or declaratory judgmentdeclaratoxx xxxxment.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Rents and Leases and Security Agreement (Cidco Inc)

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