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 Mortgaged Property 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.

Appears in 2 contracts

Samples: Mortgage and Security Agreement (Palomar Medical Technologies Inc), Open End Mortgage and Security Agreement (Glimcher Realty Trust)

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Sales by Parcels. In any sale made under or by virtue of this Mortgage or pursuant to any judgment or decree of court, the Mortgaged Property 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 marshalling of assets.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Starwood Lodging Corp)

Sales by Parcels. In any sale made under or by virtue of this Mortgage Deed of Trust or pursuant to any judgment or decree of court, the Mortgaged Property may be sold in one or more parts or parcels or as an entirety and in such order as Mortgagee Bank or Trustee may elect, without regard to the right of MortgagorGrantor, or any person claiming under itthem, to the marshaling marshalling of assets.

Appears in 1 contract

Samples: Indemnity Deed of Trust and Security Agreement (Chestnut Real Estate Partnership)

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Sales by Parcels. In any sale made under or by virtue of this Mortgage or pursuant to any judgment or decree of court, the Mortgaged Property may be sold in one or more parts or parcels or as an entirety and in such order as Mortgagee Lender may elect, without regard to the right of MortgagorBorrower, or any person claiming under it, to the marshaling of assets.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Sonesta International Hotels Corp)

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