Common use of Suits to Protect the Premises Clause in Contracts

Suits to Protect the Premises. Lender shall have the power to institute and maintain such suits and proceedings as it may deem expedient (i) to prevent any impairment of the Premises by any acts which may be unlawful or constitute a Default under this Deed, (ii) to preserve or protect its interest in the Premises and in the incomes, rents, issues, profits and revenues arising therefrom, and (iii) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of Lender.

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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Suits to Protect the Premises. Lender Grantee shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient (i) to prevent any impairment of the Premises by any acts which may be unlawful or constitute a Default under in violation of this Deed, with notice of commencement of such suits and proceedings to be given by Grantee to Grantor, (iib) to preserve or protect its interest in the Premises and in the incomes, rents, issues, profits and revenues arising therefrom, and (iiic) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of LenderGrantee.

Appears in 1 contract

Samples: Debt and Security Agreement (Jacor Communications Inc)

Suits to Protect the Premises. Lender shall have the power to institute and maintain such suits and proceedings as it may deem expedient (i) to prevent any impairment of the Premises by any acts which may be unlawful or constitute a an Event of Default under this Deed, (ii) to preserve or protect its interest in the Premises and in the incomesincome, rents, issues, profits and revenues arising therefrom, and (iii) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of Lender.

Appears in 1 contract

Samples: Debt and Security Agreement (Roberts Realty Investors Inc)

Suits to Protect the Premises. Lender Beneficiary shall have the power to institute and maintain such suits and proceedings as it may deem expedient (ia) to prevent any impairment of the Premises by any acts which may be unlawful or constitute a Default default under this Deed, Deed of Trust; (iib) to preserve or protect its interest in the Premises and in the incomes, rents, issues, profits and revenues arising therefrom, and (iii; and(c) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would materially impair the security hereunder or be prejudicial to the interest of LenderBeneficiary.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Azur International, Inc.)

Suits to Protect the Premises. Lender The Beneficiary and the Tr ustee, and each of the m, shall have the power (1) to institute and maintain such suits sui ts and proceedings proceed ings as it they may deem expedient (i) to prevent any impairment of the Premises by any acts which may be unlawful or constitute a Default under in violation of this DeedDeed of Trust , wi th notice of commencement of such suits and proceedings to be given to the Grantor, (ii2) to preserve or protect its their interest in the Premises and in the incomes, rents, issues, profits rents and revenues issues arising therefrom, and (iii3) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of Lenderthe Beneficiary.

Appears in 1 contract

Samples: And Security Agreement

Suits to Protect the Premises. Lender Beneficiary shall have the power to institute and maintain such suits and proceedings as it may deem expedient (ia) to prevent any impairment of the Premises by any acts which may be unlawful or constitute a Default default under this Deed, Deed of Trust; (iib) to preserve or protect its interest in the Premises and in the incomes, rents, issues, profits and revenues arising therefrom, ; and (iiic) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule rule, or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of LenderBeneficiary.

Appears in 1 contract

Samples: Credit Agreement (Packaged Ice Inc)

Suits to Protect the Premises. Lender Beneficiary shall have the power to institute and maintain such suits and proceedings as it may deem expedient (ia) to prevent any impairment of the Premises by any acts which that may be unlawful or constitute a Default default under this DeedDeed of Trust, (iib) to preserve or protect its interest in the Premises and in the incomes, rents, issues, profits profits, and revenues arising therefrom, and (iiic) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule rule, or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule rule, or order would impair the security hereunder or be prejudicial to the interest of LenderBeneficiary.

Appears in 1 contract

Samples: Trust and Security Agreement (PMT Services Inc /Tn/)

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Suits to Protect the Premises. Lender Grantee shall have the power (a) to institute and maintain such suits and proceedings as it may deem expedient (i) to prevent any impairment of the Premises by any acts which may be unlawful or constitute a Default under in violation of this Deed, (iib) to preserve or protect its interest in the Premises and in the incomes, rents, issues, profits and revenues arising therefrom, and (iiic) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of LenderGrantee.

Appears in 1 contract

Samples: Debt and Security Agreement (Servidyne, Inc.)

Suits to Protect the Premises. Lender Beneficiary shall have the power to institute and maintain such suits and proceedings as it may deem expedient (ia) to prevent any impairment of the Premises by any an acts which may be unlawful or constitute a Default default under this Deed, Deed of Trust; (iib) to preserve or protect its interest in the Premises and in the incomes, rents, issues, profits and revenues arising therefrom, ; and (iiic) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of Lender.Beneficiary. 2.16

Appears in 1 contract

Samples: Trust and Security Agreement

Suits to Protect the Premises. Lender Beneficiary shall have the power to institute and maintain such suits and proceedings as it may deem expedient (ia) to prevent any impairment of the Premises by any an acts which may be unlawful or constitute a Default default under this Deed, Deed of Trust; (iib) to preserve or protect its interest in the Premises and in the incomes, rents, issues, profits and revenues arising therefrom, ; and (iiic) to restrain the enforcement of or compliance with any legislation or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid, if the enforcement of or compliance with such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of LenderBeneficiary.

Appears in 1 contract

Samples: Trust and Security Agreement (American Woodmark Corp)

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