Transfer or Removal of Chattels. Mortgagor will not sell, transfer or remove from the Property all or any part of the Chattels, unless the items sold, transferred, or removed are simultaneously replaced with similar items of equal or greater value.
Appears in 3 contracts
Samples: Mortgage, Security Agreement, Fixture Filing, Financing Statement and Assignment of Leases and Rents (KBS Real Estate Investment Trust, Inc.), Mortgage, Security Agreement, Fixture Filing, Financing Statement and Assignment of Leases and Rents (BioMed Realty Trust Inc), Open End Mortgage (Mark Centers Trust)
Transfer or Removal of Chattels. Mortgagor will not sell, transfer or remove from the Property all or any part of the Chattels, unless the items sold, transferred, or removed removed, are obsolete or are simultaneously replaced with similar items of equal or greater value.
Appears in 2 contracts
Samples: Second Mortgage, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Griffin Capital Essential Asset REIT, Inc.), Mortgage, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Griffin Capital Essential Asset REIT, Inc.)
Transfer or Removal of Chattels. Mortgagor Borrower will not sell, transfer or remove from the Property all or any part of the Chattels, unless the items sold, transferred, or removed are simultaneously replaced with similar items of equal or greater value.
Appears in 1 contract
