Common use of Waiver of Appraisement, Valuation, Stay, Extension and Redemption Laws Clause in Contracts

Waiver of Appraisement, Valuation, Stay, Extension and Redemption Laws. Grantor agrees, to the full extent permitted by law, that in case of a Default or Event of Default, neither Grantor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension, homestead, exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Instrument, or the absolute sale of the Property, or the final and absolute putting into possession thereof, immediately after such sale, of the purchasers thereat, and Grantor, for itself and all who may at any time claim through or under it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets comprised in the security intended to be created hereby marshaled upon any foreclosure of the lien hereof.

Appears in 4 contracts

Samples: Credit Agreement (Behringer Harvard Reit I Inc), Credit Agreement (Behringer Harvard Reit I Inc), Senior Secured Revolving Credit Agreement (Republic Property Trust)

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Waiver of Appraisement, Valuation, Stay, Extension and Redemption Laws. Grantor agrees, Obligor agrees to the full extent permitted by law, that in case of a Default or Event of DefaultDefault on the part of Obligor hereunder, neither Grantor Obligor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension, homestead, exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Instrument, or the absolute sale of the Property, or the final and absolute putting into possession thereof, immediately after such sale, of the purchasers thereat, and GrantorObligor, for itself and all who may at any time claim through or under it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets comprised in the security intended to be created hereby marshaled upon any foreclosure of the lien hereof.

Appears in 3 contracts

Samples: Credit Agreement (Gerber Scientific Inc), Master Credit Agreement (JDN Realty Corp), Credit Agreement (Guilford Mills Inc)

Waiver of Appraisement, Valuation, Stay, Extension and Redemption Laws. The Grantor agrees, agrees to the full extent permitted by law, that in case of a Default or Event of Defaulthereunder, neither the Grantor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension, homestead, exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this InstrumentDeed of Trust, or the absolute sale of the Mortgaged Property, or the final and absolute putting into possession thereof, immediately after such sale, of the purchasers thereat, and the Grantor, for itself and all who may at any time claim through or under it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets comprised in the security intended to be created hereby marshaled marshalled upon any foreclosure of the lien hereof.

Appears in 3 contracts

Samples: Deed of Trust, Security Agreement and Fixture Filing, Deed of Trust, Deed of Trust

Waiver of Appraisement, Valuation, Stay, Extension and Redemption Laws. The Grantor agrees, agrees to the full extent permitted by law, that in case of a Default or Event of Defaulthereunder, neither the Grantor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension, homestead, exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this InstrumentDeed of Trust, or the absolute sale of the PropertyPremises, or the final and absolute putting into possession thereofth ereof, immediately after such sale, of the purchasers thereat, and the Grantor, for itself and all who may at any time claim through thr ough or under un der it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets comprised in the security intended to be created hereby marshaled marshalled upon any foreclosure of the lien hereof.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement

Waiver of Appraisement, Valuation, Stay, Extension and Redemption Laws. The Grantor agrees, agrees to the full extent permitted by law, that in case of a Default or Event of Defaulthereunder, neither the Grantor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension, homestead, homestead exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this InstrumentDeed of Trust, or the absolute sale of the Mortgaged Property, or the final and absolute putting into possession thereof, immediately after such sale, of the purchasers thereat, and the Grantor, for itself and all who may at any time claim through or under it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets comprised in the security intended to be created hereby marshaled marshalled upon any foreclosure of the lien hereof.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Fixture Filing

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Waiver of Appraisement, Valuation, Stay, Extension and Redemption Laws. Grantor agrees, to the full extent permitted by law, that in case of a Default or an Event of Default, neither Grantor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension, homestead, exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Instrument, or the absolute sale of the Property, or the final and absolute putting into possession thereof, immediately after such sale, of the purchasers thereat, and Grantor, for itself and all who may at any time claim through or under it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets comprised in the security intended to be created hereby marshaled upon any foreclosure of the lien hereof.

Appears in 1 contract

Samples: Revolving Credit Note (Dupont Fabros Technology, Inc.)

Waiver of Appraisement, Valuation, Stay, Extension and Redemption Laws. The Grantor agrees, agrees to the full extent permitted by law, that in case of a Default or Event of Defaulthereunder, neither the Grantor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension, homestead, exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this InstrumentDeed of Trust, or the absolute sale of the Mortgaged Property, or the final and absolute putting into possession thereof, immediately after such sale, of the purchasers thereat, and the Grantor, for itself and all who may at any time claim through or under it, hereby waives waives, to the full extent that it may lawfully so do, the benefit of all such laws, laws and any and all right to have the assets comprised in the security intended to be created hereby marshaled upon any foreclosure of the lien hereof.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Fixture Filing

Waiver of Appraisement, Valuation, Stay, Extension and Redemption Laws. Grantor agrees, agrees to the full extent permitted by law, that in case of a Default or Event on the part of DefaultGrantor hereunder, neither Grantor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension, homestead, exemption or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this InstrumentDeed, or the absolute sale of the PropertyPremises, or the final and absolute putting into possession thereof, immediately after such sale, of the purchasers thereat, and Grantor, for itself and all who may at any time claim through or under it, hereby waives to the full extent that it may lawfully so do, the benefit of all such laws, and any and all right to have the assets comprised in the security intended to be created hereby marshaled upon any foreclosure of the lien hereof.

Appears in 1 contract

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

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