Common use of Waiver of Defense Clause in Contracts

Waiver of Defense. No action for the enforcement of the lien or of any provision hereof shall be subject to any defense which would not be good and available to the party interposing same in an action at law or in equity upon the Note hereby secured.

Appears in 8 contracts

Samples: Mortgage (Glimcher Realty Trust), Deed to Secure Debt and Security Agreement (Strategic Storage Trust, Inc.), Mortgage, Security Agreement, Financing Statement and Fixture Filing (Industrial Income Trust Inc.)

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Waiver of Defense. No action for the enforcement of the lien or of any provision hereof shall be subject to any defense which would not be good and available to the party interposing same in an action at law or in equity upon the Note hereby secured.

Appears in 2 contracts

Samples: Settlement Agreement (Marine Growth Ventures Inc), Mortgage, Security Agreement, Assignment of Rents and Financing Statement (Fairwood Corp)

Waiver of Defense. No action Actions for the enforcement of the lien or of any provision hereof shall not be subject to any defense which would not be good and available to the party interposing the same in an action at law or in equity upon the Note Loan Agreement, and all such defenses are hereby securedwaived by Mortgagor.

Appears in 2 contracts

Samples: Real Estate Mortgage, Assignment of Rents, Security Agreement and Ucc Fixture Filing (Rentech Inc /Co/), Real Estate Mortgage, Assignment of Rents, Security Agreement and Ucc Fixture Filing (Rentech Inc /Co/)

Waiver of Defense. No action for the enforcement of the lien or of any provision hereof shall be subject to any defense which would not be good and available to the party interposing same in an action at law or in equity upon the Note Notes hereby secured.

Appears in 2 contracts

Samples: Mortgage, Assignment of Leases, Security Agreement and Fixture Filing (Prime Group Realty Trust), Leasehold Mortgage, Assignment of Leases, Security Agreement and Fixture Filing (Prime Group Realty Trust)

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Waiver of Defense. No action for the enforcement of the lien or of any provision hereof shall be subject to any defense which would not be good and available to the party interposing same in an action at law or in equity upon the Note hereby securedNote.

Appears in 1 contract

Samples: Loan Modification Agreement (Leap Group Inc)

Waiver of Defense. No action for the enforcement of the lien or of any provision hereof shall be subject to any defense which would not be good and available to the party interposing same in an action at law or in equity upon the Note Guaranty hereby secured.

Appears in 1 contract

Samples: Mortgage, Security Agreement, Financing Statement and Fixture Filing (Industrial Income Trust Inc.)

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