Common use of Waiver of Redemption, Notice and Marshalling of Assets Clause in Contracts

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (i) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (ii) all notices of any Event of Default or of Trustee’s election to exercise or his actual exercise of any right, remedy or recourse provided for under the Loan Documents, except as specifically required by the terms of this Security Instrument or the other Loan Documents, and (iii) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 2 contracts

Samples: Griffin Capital Essential Asset REIT II, Inc., Griffin Capital Essential Asset REIT II, Inc.

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Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (ia) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (iib) all notices of any Event of Actionable Default or of Trustee’s or Beneficiary’s election to exercise or his the actual exercise of any right, remedy or recourse provided for under the Loan Collateral Trust Agreement, the Credit Agreement or other Security Documents, except as specifically required by the terms or this Deed of this Security Instrument or the other Loan DocumentsTrust, and (iiic) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 2 contracts

Samples: Security Agreement (Consol Energy Inc), Collateral Trust Agreement (Consol Energy Inc)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (ia) all benefit benefits that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, ; (iib) all notices of any Event of Default or of TrusteeMortgagee’s election to exercise or his actual exercise of any right, remedy or recourse provided for under the Loan Documents, except as specifically required by the terms of this Security Instrument or the other Loan Documents, Mortgage; and (iiic) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Samples: And Attornment Agreement (Holly Energy Partners Lp)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (ia) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (iib) all notices of any Event of Default or of Trustee’s election to exercise or his actual exercise of any right, remedy or recourse 2281017_1.DOC provided for under the Loan Documents, except as specifically required by the terms of this Security Instrument or the other Loan Documents, and (iiic) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (360 Global Wine Co)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor Borrower hereby irrevocably and unconditionally waives and releases (i) all benefit that might accrue to Grantor Borrower by virtue of any present or future statute of limitations or law or judicial decision exempting the Property Collateral from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (ii) all notices of any Event of Default or of TrusteeLender’s election to exercise or his its actual exercise of any right, remedy or recourse provided for under the Loan Documents, except as specifically required by the terms of this Security Instrument or the other Loan Documents, and (iii) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Techprecision Corp)

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Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (i) 1.1.1.28.1.1.9 all benefit benefits that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Mortgaged Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (ii) ; 1.1.1.28.1.1.10 all notices of any Event of Default or of TrusteeBeneficiary’s election to exercise or his actual exercise of any right, remedy or recourse provided for under the Loan Documents, except as specifically required by the terms this Deed of this Security Instrument or the other Loan Documents, Trust; and (iii) 1.1.1.28.1.1.11 any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Samples: Mortgage and Deed of Trust (Holly Energy Partners Lp)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor Borrower hereby irrevocably and unconditionally waives and releases (i) all benefit that might accrue to Grantor Borrower by virtue of any present or future statute of limitations or law or judicial decision exempting the Property from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (ii) all notices of any Event of Default or of Trustee’s election to exercise or his actual exercise of any right, remedy or recourse provided for under the Loan Documents, except as specifically required by the terms of this Security Instrument or the other Loan Documents, and (iii) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Samples: First States (American Assets Trust, Inc.)

Waiver of Redemption, Notice and Marshalling of Assets. To the fullest extent permitted by law, Grantor hereby irrevocably and unconditionally waives and releases (i) all benefit that might accrue to Grantor by virtue of any present or future statute of limitations or law or judicial decision exempting the Property Collateral from attachment, levy or sale on execution or providing for any appraisement, valuation, stay of execution, exemption from civil process, redemption or extension of time for payment, (ii) all notices of any Event of Default or of Trustee’s election to exercise or his actual exercise of any right, remedy or recourse provided for under the Loan Documents, except as specifically required by the terms of this Security Instrument or the other Loan Documents, and (iii) any right to a marshalling of assets or a sale in inverse order of alienation.

Appears in 1 contract

Samples: KBS Strategic Opportunity REIT, Inc.

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