Common use of Waiver of Appraisement Clause in Contracts

Waiver of Appraisement. Valuation, Stay, Extension and Redemption Laws. Mortgagor agrees to the full extent permitted by law that in case of a default in its part hereunder, neither Mortgagor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, extension or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Mortgage 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 Mortgagor, 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 comprising the Mortgaged Property marshalled upon any foreclosure of the lien hereof and agrees that the Mortgagee or any court having jurisdiction to foreclose such lien may sell the Mortgaged Property in part or as an entirety.

Appears in 2 contracts

Samples: Mortgage (Reptron Electronics Inc), Mortgage, Future Advance, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Reptron Electronics Inc)

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Waiver of Appraisement. Valuation, Stay, Extension and Redemption Laws. Mortgagor Trustor agrees to the full extent permitted by law that in case if an Event of a default in its part hereunderDefault occurs and is continuing, neither Mortgagor Trustor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Mortgage Deed of Trust or the absolute sale of the Mortgaged Property Trust Estate or any portion thereof or the final and absolute putting into possession thereof, immediately after such sale, of the purchasers thereatthereof, and Mortgagor, Trustor 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 comprising the Mortgaged Property Trust Estate marshalled upon any foreclosure of the lien hereof and agrees that the Mortgagee Trustee or any court having jurisdiction to foreclose such lien may sell the Mortgaged Property Trust Estate in part or as an entirety.

Appears in 2 contracts

Samples: Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp)

Waiver of Appraisement. Valuation, Stay, Extension and Redemption Laws. Mortgagor agrees to the full extent permitted by law that in case of a default in on its part hereunder, neither Mortgagor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension or redemption laws as now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Mortgage Mortgage, 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 Mortgagor, 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 comprising the Mortgaged Property marshalled upon any foreclosure of the lien hereof and agrees that the Mortgagee or any court having jurisdiction to foreclose such lien may sell the Mortgaged Property in part or as an entirety.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Certified Diabetic Services Inc)

Waiver of Appraisement. Valuation, Stay, Extension and Redemption Laws. Mortgagor agrees to the full extent permitted by law that in case of a default in its part hereunder, neither Mortgagor nor anyone claiming through or under it Mortgagor shall or will set up, claim or seek to take advantage of any appraisement, valuation, extension or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Mortgage 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 Mortgagor, for itself and all who may at any time claim through or under itMortgagor, hereby waives, to the full extent that it Mortgagor may lawfully so do, the benefit of all such laws, and any and all right to have the assets comprising the Mortgaged Property marshalled marshaled upon any foreclosure of the lien hereof and agrees that the Mortgagee Collateral Agent or any court having jurisdiction to foreclose such lien may sell the Mortgaged Property in part or as an entirety.

Appears in 1 contract

Samples: Open End Leasehold Mortgage (Golfsmith International Holdings Inc)

Waiver of Appraisement. Valuation, Stay, Extension and Redemption Laws. Mortgagor agrees to the full extent permitted by law that in case of a default in its part hereunder, neither Mortgagor nor anyone claiming through or under it Mortgagor shall or will set up, up claim or seek to take advantage of any appraisement, valuation, extension or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Mortgage 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 Mortgagor, for itself and all who may at any time claim through or under itMortgagor, hereby waives, to the full extent that it Mortgagor may lawfully so do, the benefit of all such laws, and any and all right to have the assets comprising the Mortgaged Property marshalled marshaled upon any foreclosure of the lien hereof and agrees that the Mortgagee Collateral Agent or any court having jurisdiction to foreclose such lien may sell the Mortgaged Property in part or as an entirety.

Appears in 1 contract

Samples: Leasehold Mortgage (Golfsmith International Holdings Inc)

Waiver of Appraisement. Valuation, . Stay, Extension and Redemption Laws. Mortgagor agrees to the full extent permitted by law that in case of a default in its part hereunder, neither Mortgagor nor anyone claiming through or under it Mortgagor shall or will set up, claim or seek to take advantage of any appraisement, valuation, extension or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Mortgage 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 Mortgagor, for itself and all who may at any time claim through or under itMortgagor, hereby waives, to the full extent that it Mortgagor may lawfully so do, the benefit of all such laws, and any and all right to have the assets comprising the Mortgaged Property marshalled marshaled upon any foreclosure of the lien hereof and agrees that the Mortgagee Collateral Agent or any court having jurisdiction to foreclose such lien may sell the Mortgaged Property in part or as an entirety.

Appears in 1 contract

Samples: Leasehold Mortgage (Golfsmith International Holdings Inc)

Waiver of Appraisement. Valuation, Stay, Extension and Redemption Laws. Mortgagor Trustor agrees to the full extent permitted by law that in case if an Event of a default in its part hereunderDefault occurs, neither Mortgagor Trustor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Mortgage Deed of Trust or the absolute sale of the Mortgaged Property Trust Estate or any portion thereof or the final and absolute putting into possession thereof, immediately after such sale, of the purchasers thereatthereof, and Mortgagor, Trustor 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 comprising the Mortgaged Property marshalled Trust Estate marshaled upon any foreclosure of the lien hereof and agrees that the Mortgagee Trustee or any court having jurisdiction to foreclose such lien may sell the Mortgaged Property Trust Estate in part or as an entirety.

Appears in 1 contract

Samples: Deed of Trust (Aladdin Capital Corp)

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Waiver of Appraisement. Valuation, Stay, Extension and Redemption Laws. Mortgagor agrees to the full extent permitted by the law that in case of a default in on its part hereunder, neither Mortgagor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or of foreclosure of this Mortgage Mortgage, or the absolute sale of the Mortgaged Property or the final and absolute putting into possession thereof, immediately after such sale, sale of the purchasers thereat, and Mortgagor, 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 comprising the Mortgaged Property marshalled upon any foreclosure of the lien hereof and agrees that the Mortgagee or any court having jurisdiction to foreclose such lien may sell the Mortgaged Property in part or as an entirety.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Sun Hydraulics Inc)

Waiver of Appraisement. Valuation, Stay, Extension and Redemption Laws. Mortgagor agrees to the full extent permitted by law that in case of a default in on its part hereunder, neither Mortgagor Mxxxxxxxx nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or of foreclosure of this Mortgage Mortgage, or the absolute sale of the Mortgaged Property or the final and absolute putting into possession thereof, immediately after such sale, of the purchasers purchaser thereat, and Mortgagor, 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 comprising the Mortgaged Property marshalled upon any foreclosure of the lien hereof and agrees that the Mortgagee or any court having jurisdiction to foreclose such lien may sell the Mortgaged Property in part or as an entirety.

Appears in 1 contract

Samples: Mortgage and Security Agreement (Elxsi Corp /De//)

Waiver of Appraisement. Valuation, Stay, Extension Extension, and Redemption Laws. Mortgagor agrees to the full extent permitted by law that in case of a default in an Event of Default on its part hereunder, neither Mortgagor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Mortgage Mortgage, 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 Mortgagor, 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 comprising the Mortgaged Property marshalled upon any foreclosure of the lien hereof and agrees that the Mortgagee or any court having jurisdiction to foreclose such lien may sell the Mortgaged Property in part or as an entirety.

Appears in 1 contract

Samples: Leasehold Mortgage, Assignment of Leases and Rents and Security Agreement (General Housing Inc)

Waiver of Appraisement. Valuation, Stay, Extension and Redemption Laws. Mortgagor Trustor agrees to the full extent permitted by law that in case if an Event of a default in its part hereunderDefault occurs, neither Mortgagor Trustor nor anyone claiming through or under it shall or will set up, claim or seek to take advantage of any appraisement, valuation, stay, extension or redemption laws now or hereafter in force, in order to prevent or hinder the enforcement or foreclosure of this Mortgage Leasehold Deed of Trust or the absolute sale of the Mortgaged Property Trust Estate or any portion thereof or the final and absolute putting into possession thereof, immediately after such sale, of the purchasers thereatthereof, and Mortgagor, Trustor 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 comprising the Mortgaged Property Trust Estate marshalled upon any foreclosure of the lien hereof and agrees that the Mortgagee Trustee or any court having jurisdiction to foreclose such lien may sell the Mortgaged Property Trust Estate in part or as an entirety.

Appears in 1 contract

Samples: Leasehold Deed of Trust, Assignment of Rents and Leases and Security Agreement (Grand Canal Shops Mall Construction LLC)

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