Common use of Suits to Protect the Property Clause in Contracts

Suits to Protect the Property. Grantee shall have power (a) to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Property by any acts which may be unlawful or in violation of this Security Deed, (b) to preserve or protect its interest in the Property and in the rents, issues, profits and revenues arising therefrom, 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 Lenders.

Appears in 2 contracts

Samples: Deed to Secure Debt and Security Agreement (Koger Equity Inc), Deed to Secure Debt and Security Agreement (Koger Equity Inc)

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Suits to Protect the Property. Grantee Lender shall have the power (a) [i] to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Property by any acts which may be unlawful or in violation of this Security DeedDeed of Trust, (b) [ii] to preserve or protect its interest in the Property and in the income, rents, issues, profits and revenues arising therefrom, and (c) [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 materially impair the security hereunder or be prejudicial to the interest of LendersLender.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Rents and Security Agreement (Griffin Industrial Realty, Inc.)

Suits to Protect the Property. Grantee Lender shall have power (a) to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Property by any acts which may be unlawful or in violation of this Security DeedInstrument, (b) to preserve or protect its interest in the Property and in the rents, issues, profits and revenues arising therefrom, 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 LendersXxxxxx.

Appears in 1 contract

Samples: Act of Mortgage

Suits to Protect the Property. Grantee Beneficiary shall have power (a) to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Property by any acts which may be unlawful or in violation of this Security DeedInstrument, (b) to preserve or protect its interest in the Property and in the rents, issues, profits and revenues arising therefrom, 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 LendersLenders or the holders of the Hedge Obligations.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement, Assignment of Leases and Rents, and Financing Statement (Carter Validus Mission Critical REIT, Inc.)

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Suits to Protect the Property. Grantee Lender shall have the power (a) [i] to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Property by any acts which may be unlawful or in violation of this Security DeedMortgage, (b) [ii] to preserve or protect its interest in the Property and in the income, rents, issues, profits and revenues arising therefrom, and (c) [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 materially impair the security hereunder or be prejudicial to the interest of LendersLender.

Appears in 1 contract

Samples: Mortgage, Assignment of Rents and Security Agreement (Griffin Industrial Realty, Inc.)

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