Common use of Right to Enter and Take Possession Clause in Contracts

Right to Enter and Take Possession. (i) If an Event of Default shall have occurred and is continuing, Borrower, upon demand of Lender, shall forthwith surrender to Lender the actual possession of the Mortgaged Property and, if and to the extent permitted by law, Lender itself, or by such officers or agents as it may appoint, may enter and take possession of all or any part of the Mortgaged Property without the appointment of a receiver or an application therefor, and may exclude Borrower and its agents and employees wholly therefrom, and take possession of the books, papers and accounts of Borrower relating thereto;

Appears in 4 contracts

Samples: Secure Debt and Security Agreement, Mortgage and Security Agreement, Secure Debt and Security Agreement (CNL Healthcare Trust, Inc.)

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Right to Enter and Take Possession. (ia) If an Event of a Default shall have occurred and is continuingoccurred, Borrower, upon demand of Lender, shall forthwith surrender to Lender the actual possession of the Mortgaged Property andPremises and if, if and to the extent extent, permitted by law, Lender itself, or by such officers or agents as it may appoint, may enter and take possession of all or any part of the Mortgaged Property Premises without the appointment of a receiver receiver, or an application therefortherefore, and may exclude Borrower and its agents and employees wholly therefrom, and take possession of may have joint access with Borrower to the books, papers and accounts of Borrower relating thereto;Borrower.

Appears in 3 contracts

Samples: Debt and Security Agreement (Adcare Health Systems Inc), Debt and Security Agreement (Adcare Health Systems Inc), Debt and Security Agreement (Adcare Health Systems Inc)

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Right to Enter and Take Possession. (ia) If an Event of Default shall have occurred and is be continuing, Borrower, upon demand of LenderLenders, shall forthwith surrender to Lender Lenders the actual possession of the Mortgaged Property andPremises and if, if and to the extent permitted by law, Lender Lenders itself, or by such officers or agents as it may appoint, may enter and take possession of all or any part of the Mortgaged Property Premises without the appointment of a receiver or an application therefortherefore, and may exclude Borrower and its their agents and employees wholly therefrom, and take possession of have joint access with Borrower to the books, papers and accounts of Borrower relating thereto;Borrower.

Appears in 1 contract

Samples: McRae Industries Inc

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