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 (KBS Real Estate Investment Trust, Inc.), Open End Mortgage, Security Agreement (Mark Centers Trust), BioMed Realty Trust Inc
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: Mortgage, Security Agreement (Griffin Capital Essential Asset REIT, Inc.), 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