Common use of Remedies of Mortgagor Clause in Contracts

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

Appears in 14 contracts

Samples: Trust and Security Agreement (Concord Milestone Plus L P), Leases and Rents and Security Agreement (Dm Management Co /De/), Leases and Rents and Security Agreement (Inland Western Retail Real Estate Trust Inc)

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

Appears in 14 contracts

Samples: Leases and Rents Security Agreement and Fixture Filing (GTJ REIT, Inc.), Security Agreement and Fixture Filing (GTJ REIT, Inc.), Security Agreement and Fixture Filing (GTJ REIT, Inc.)

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

Appears in 4 contracts

Samples: Mortgage and Security Agreement (Emeritus Corp\wa\), Concord Milestone Plus L P, Concord Milestone Plus L P

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

Appears in 4 contracts

Samples: elstico.com, Mortgage and Security Agreement (Quantum Corp /De/), First Mortgage and Security Agreement (Century Properties Fund Xii)

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

Appears in 3 contracts

Samples: Leases and Rents and Security Agreement (Glimcher Realty Trust), Leases and Rents and Security Agreement (Glimcher Realty Trust), Leases and Rents and Security Agreement (Glimcher Realty Trust)

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

Appears in 2 contracts

Samples: Security Agreement (Cedar Income Fund LTD /Md/), And Security Agreement (Wellington Properties Trust)

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

Appears in 1 contract

Samples: Mills Corp

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor's remedies shall be limited to injunctive relief or declaratory judgment.. Loan No. 6518370

Appears in 1 contract

Samples: Mortgage (Inland Western Retail Real Estate Trust Inc)

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

Appears in 1 contract

Samples: Promissory Note Clarification Agreement (Showboat Inc)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or its agents have unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it Mortgagee or such agent, as the case may be, has an obligation to act reasonably or promptly, Mortgagor agrees that neither Mortgagee nor its agents shall not be liable for lxxxxx xxx any monetary damages, and Mortgagor's sole remedies shall be limited to commencing an actiox xxxxxxx injunctive relief or declaratory judgment.

Appears in 1 contract

Samples: Kranzco Realty Trust

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

Appears in 1 contract

Samples: Agreement and Fixture Filing (Prime Group Realty Trust)

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or its agents have unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it Mortgagee or such agent, as the case may be, has an obligation to act reasonably or promptly, Mortgagor agrees that none of Mortgagee or its agents shall not be liable for any monetary damages, and Mortgagor's remedies shall be limited to injunctive relief or declaratory judgment.for

Appears in 1 contract

Samples: Echelon International Corp

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

Appears in 1 contract

Samples: Motels of America Inc

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

Appears in 1 contract

Samples: Ventas Inc

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

Appears in 1 contract

Samples: First Potomac Realty Trust

Remedies of Mortgagor. In the event that a claim or adjudication is made that Mortgagee has acted unreasonably or unreasonably delayed acting in any case where by law or under the Note, this Mortgage or the other Loan Documents, it has an obligation to act reasonably or promptly, Mortgagee shall not be liable for any monetary damages, and Mortgagor's remedies shall be limited to injunctive relief or declaratory judgment.. Loan No. 6518291

Appears in 1 contract

Samples: Rents and Security Agreement (Inland Western Retail Real Estate Trust Inc)

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