Common use of Sales by Parcels Clause in Contracts

Sales by Parcels. In any sale made under or by virtue of this Mortgage or pursuant to any judgment or decree of court, the Premises may be sold in one or more parts or parcels or as an entirety and in such order as Mortgagee may elect, without regard to the right of Mortgagor, or any person claiming under it, to the marshaling of assets. To the full extent permitted by law, Mortgagor waives the marshaling of assets.

Appears in 6 contracts

Samples: Mortgage (Glimcher Realty Trust), Mortgage, Security Agreement, Financing Statement and Fixture Filing (Industrial Income Trust Inc.), Mortgage, Security Agreement, Financing Statement and Fixture Filing (Industrial Income Trust Inc.)

AutoNDA by SimpleDocs

Sales by Parcels. In any sale made under or by virtue of this Mortgage or pursuant to any judgment or decree of court, the Leasehold Premises may be sold in one or more parts or parcels or as an entirety and in such order as Mortgagee may elect, without regard to the right of Mortgagor, or any person claiming under it, to the marshaling of assets. To the full extent permitted by law, Mortgagor waives the marshaling of assets.

Appears in 1 contract

Samples: Leasehold Mortgage, Assignment of Leases, Security Agreement and Fixture Filing (Prime Group Realty Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!