Successor’s Rights. Any person who acquires title to the Property or the Chattels upon foreclosure hereunder will succeed to all of Mortgagor’s rights under all policies of insurance maintained pursuant to this Section.
Appears in 6 contracts
Samples: Mortgage, Security Agreement (Griffin Capital Essential Asset REIT, Inc.), Management Agreement (GTJ REIT, Inc.), Griffin Capital Essential Asset REIT, Inc.
Successor’s Rights. Any person who acquires title to the Property or the Chattels upon foreclosure hereunder will succeed to all of Mortgagor’s rights under all policies of insurance maintained pursuant to this Section.
Appears in 5 contracts
Samples: Security Agreement and Fixture Filing (GTJ REIT, Inc.), Security Agreement and Fixture Filing (GTJ REIT, Inc.), Security Agreement and Fixture Filing (GTJ REIT, Inc.)
Successor’s Rights. Any person who acquires title to the Property or the Chattels upon foreclosure hereunder will succeed to all of MortgagorGrantor’s rights under all policies of insurance maintained pursuant to this Section.
Appears in 4 contracts
Samples: Griffin Capital Essential Asset REIT II, Inc., Griffin Capital Essential Asset REIT II, Inc., Secure Debt, Security Agreement (KBS Real Estate Investment Trust, Inc.)
Successor’s Rights. Any person who Person that acquires title to the any Property or the Chattels upon foreclosure or deed in lieu of foreclosure hereunder will succeed to all of Mortgagor’s Borrowers’ rights under all policies of insurance maintained pursuant to this Section.
Appears in 3 contracts
Samples: Loan Agreement (GTJ REIT, Inc.), Loan Agreement (GTJ REIT, Inc.), Loan Agreement (GTJ REIT, Inc.)
Successor’s Rights. Any person who acquires title to the Property or the Chattels upon foreclosure hereunder will succeed to all of Mortgagor’s 's rights under all policies of insurance maintained pursuant to this Section.
Appears in 3 contracts
Samples: Open End Mortgage, Security Agreement (Mark Centers Trust), BioMed Realty Trust Inc, Sonesta International Hotels Corp
Successor’s Rights. Any person who acquires title to the Property or the Chattels upon foreclosure hereunder will succeed to all of MortgagorTrustor’s rights under all policies of insurance maintained pursuant to this Section.
Appears in 2 contracts
Samples: Hudson Pacific Properties, Inc., KBS Real Estate Investment Trust, Inc.
Successor’s Rights. Any person who acquires title to the Property or the Chattels upon foreclosure hereunder will succeed to all of Mortgagor’s Xxxxxxxxx's rights under all policies of insurance maintained pursuant to this Section.
Appears in 2 contracts
Samples: Sonesta International Hotels Corp, Sonesta International Hotels Corp
Successor’s Rights. Any person who acquires title to the Property or the Chattels Collateral upon foreclosure hereunder will succeed to all of Mortgagor’s 's rights under all policies of insurance maintained pursuant to this Sectionsection, including, without limitation, all rights to all claims under all such insurance policies regardless of the nature of such claim or when such claim arose.
Appears in 1 contract
Samples: Asset Investors Corp
Successor’s Rights. Any person who acquires title to the Property or the Chattels upon foreclosure hereunder will succeed to all of MortgagorBorrower’s rights under all policies of insurance maintained pursuant to this Section.
Appears in 1 contract
