Common use of Secured Obligations to Become Due on Sale Clause in Contracts

Secured Obligations to Become Due on Sale. Except as otherwise provided in the Credit Agreement, upon any sale of the Collateral or any portion thereof or interest therein by virtue of the exercise of any remedy by the Mortgagee under or by virtue of this Mortgage, whether pursuant to power of sale, foreclosure or otherwise in accordance with this Mortgage or by virtue of any other remedy available at law or in equity or by statute or otherwise, at the option of the Mortgagee, any sums or monies due and payable pursuant to the Credit Agreement pertaining to the Fixed Assets Loans, the Loan Documents pertaining to the Fixed Assets Loans and in connection with the Fixed Assets Loans and/or the Secured Obligations shall, if not previously declared due and payable, immediately become due and payable, together with interest accrued thereon, and all other indebtedness which this Mortgage by its terms secures.

Secured Obligations to Become Due on Sale. Except as otherwise provided in the Credit Agreement, upon any sale of the Collateral Trust Premises or any portion thereof or interest therein by virtue of the exercise of any remedy by the Mortgagee Trustee or the Beneficiary under or by virtue of this MortgageDeed of Trust, whether pursuant to power of sale, foreclosure or otherwise in accordance with this Mortgage Deed of Trust or by virtue of any other remedy available at law or in equity or by statute or otherwise, at the option of the Mortgagee, Trustee or the Beneficiary any sums or monies due and payable pursuant to the Credit Agreement pertaining to the Fixed Assets Loans, the Loan Documents pertaining to the Fixed Assets Loans and in connection with the Fixed Assets Loans and/or the Secured Obligations Obligations, shall, if not previously declared due and payable, immediately become due and payable, together with interest accrued thereon, and all other indebtedness which this Mortgage Deed of Trust by its terms secures.

Secured Obligations to Become Due on Sale. Except as otherwise provided in the Credit Agreement, upon any sale of the Collateral or any portion thereof or interest therein by virtue of the exercise of any remedy by the Mortgagee Grantee under or by virtue of this MortgageDeed, whether pursuant to power of sale, foreclosure or otherwise in accordance with this Mortgage Deed or by virtue of any other remedy available at law or in equity or by statute or otherwise, at the option of the MortgageeGrantee, any sums or monies due and payable pursuant to the Credit Agreement pertaining to the Fixed Assets Loans, the Loan Documents pertaining to the Fixed Assets Loans and in connection with the Fixed Assets Loans and/or the Secured Obligations shall, if not previously declared due and payable, immediately become due and payable, together with interest accrued thereon, and all other indebtedness which this Mortgage Deed by its terms secures.

Secured Obligations to Become Due on Sale. Except as otherwise provided in the Credit Agreement, upon any sale of the Collateral or any portion thereof or interest therein by virtue of the exercise of any remedy by the Mortgagee under or by virtue of this Mortgage, whether pursuant to power of sale, foreclosure or otherwise in accordance with this Mortgage or by virtue of any other remedy available at law or in equity or by statute or otherwise, at the option of the Mortgagee, any sums or monies due and payable pursuant to the Credit Agreement pertaining to the Fixed Current Assets Loans, the Loan Documents pertaining to the Fixed Current Assets Loans and in connection with the Fixed Current Assets Loans and/or the Secured Obligations shall, if not previously declared due and payable, immediately become due and payable, together with interest accrued thereon, and all other indebtedness which this Mortgage by its terms secures.

Secured Obligations to Become Due on Sale. Except as otherwise provided in the Credit Agreement, upon any sale of the Collateral or any portion thereof or interest therein by virtue of the exercise of any remedy by the Mortgagee Grantee under or by virtue of this MortgageDeed, whether pursuant to power of sale, foreclosure or otherwise in accordance with this Mortgage Deed or by virtue of any other remedy available at law or in equity or by statute or otherwise, at the option of the MortgageeGrantee, any sums or monies due and payable pursuant to the Credit Agreement pertaining to the Fixed Current Assets Loans, the Loan Documents pertaining to the Fixed Current Assets Loans and in connection with the Fixed Current Assets Loans and/or the Secured Obligations shall, if not previously declared due and payable, immediately become due and payable, together with interest accrued thereon, and all other indebtedness which this Mortgage Deed by its terms secures.

Secured Obligations to Become Due on Sale. Except as otherwise provided in the Credit Agreement, upon any sale of the Collateral Trust Premises or any portion thereof or interest therein by virtue of the exercise of any remedy by the Mortgagee Trustee or the Beneficiary under or by virtue of this MortgageDeed of Trust, whether pursuant to power of sale, foreclosure or otherwise in accordance with this Mortgage Deed of Trust or by virtue of any other remedy available at law or in equity or by statute or otherwise, at the option of the Mortgagee, Trustee or the Beneficiary any sums or monies due and payable pursuant to the Credit Agreement pertaining to the Fixed Current Assets Loans, the Loan Documents pertaining to the Fixed Current Assets Loans and in connection with the Fixed Current Assets Loans and/or the Secured Obligations Obligations, shall, if not previously declared due and payable, immediately become due and payable, together with interest accrued thereon, and all other indebtedness which this Mortgage Deed of Trust by its terms secures.