Removal of Goods. The Borrower will not remove or permit to be removed any item included in the Goods Collateral from the Land, unless the same is replaced immediately with unencumbered Goods Collateral (1) of a quality and value equal or superior to that which it replaces and (2) which is located on the Land. All such replacements, renewals, and additions shall become and be immediately subject to the security interest of this Deed of Trust.
Appears in 3 contracts
Samples: Credit Agreement, United Investors Income Properties, Consolidated Capital Growth Fund
Removal of Goods. The Borrower will not remove or permit to be removed any item included in the Goods Collateral from the Land, unless the same is replaced immediately with unencumbered Goods Collateral (1) of a quality and value equal or superior to that which it replaces and (2) which is located on the Land. All such replacements, renewals, and additions shall become and be immediately subject to the security interest of this Deed of Trust.
Appears in 2 contracts
Samples: RREEF Property Trust, Inc., AmREIT, Inc.
Removal of Goods. The Borrower will not remove or permit to be removed any item included in the Goods Collateral from the Land, unless the same is replaced immediately with unencumbered Goods Collateral (1) of a quality and value equal or superior to that which it replaces and (2) which is located on the Land. All such replacements, renewals, and additions shall become and be immediately subject to the security interest of this Deed of TrustMortgage.
Appears in 2 contracts
Samples: Angeles Partners X, Oxford Residential Properties I LTD Partnership
Removal of Goods. The Borrower will not remove or permit to be removed any item included in the Goods Collateral from the Land, unless the same is replaced immediately with unencumbered Goods Collateral (1) of a quality and value equal or superior to that which it replaces and (2) which is located on the Land. All such replacements, renewals, and additions shall become and be immediately subject to the security interest of this Deed of TrustMortgage.
Appears in 1 contract
Samples: GTJ Reit, Inc.
Removal of Goods. The Borrower will not remove or permit to be removed any item included in the detached Fixtures or Goods Collateral that may become Fixtures from the Land, unless the same is replaced immediately with unencumbered Goods Collateral assets (1) of a quality and value equal or superior to that which it replaces and (2) which is located on the Land. All such replacements, renewals, and additions shall become and be immediately subject to the security interest of this Deed of Trust.
Appears in 1 contract
Samples: Sanfilippo John B & Son Inc
