Common use of Transfer or Removal of Chattels Clause in Contracts

Transfer or Removal of Chattels. Grantor 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 2 contracts

Samples: Secure Debt, Security Agreement (KBS Real Estate Investment Trust, Inc.), Secure Debt, Security Agreement (KBS Real Estate Investment Trust, Inc.)

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Transfer or Removal of Chattels. Grantor 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: Griffin Capital Essential Asset REIT II, Inc., Griffin Capital Essential Asset REIT II, Inc.

Transfer or Removal of Chattels. Grantor will not sell, transfer or remove from the Property all or any part of the Chattels, unless the items items, if material to the value or operation of the Property, sold, transferred, or removed are simultaneously replaced with similar items of equal or greater valuequality.

Appears in 1 contract

Samples: Trust, Security Agreement (Behringer Harvard Opportunity REIT II, Inc.)

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Transfer or Removal of Chattels. Grantor will not sell, transfer or remove from the Property all or any part of the Chattels, unless the items sold, transferred, transferred or removed are simultaneously replaced with similar items of equal or greater value.

Appears in 1 contract

Samples: Indenture (Ultimate Electronics Inc)

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