Xxxxxx’s Rights to Proceeds. All condemnation awards, judgments, decrees, or proceeds of sale in lieu of condemnation (“Award”) are assigned and shall be paid to Lender. Xxxxxxxx authorizes Xxxxxx to collect and receive them, to give receipts for them, to accept them in the amount received without question or appeal, and/or to appeal any judgment, decree, or award. Borrower will sign and deliver all instruments requested by Xxxxxx to permit these actions.
Appears in 4 contracts
Samples: And Consolidated Mortgage and Security Agreement (Mack Cali Realty Corp), And Consolidated Mortgage and Security Agreement (Mack Cali Realty L P), And Consolidated Mortgage and Security Agreement (Mack Cali Realty Corp)
Xxxxxx’s Rights to Proceeds. All condemnation awards, judgments, decrees, or proceeds of sale in lieu of condemnation (“Award”) are assigned and shall be paid paid, to Lender. Xxxxxxxx authorizes Xxxxxx to collect and receive them, to give receipts for them, to accept them in the amount received without question or appeal, and/or to appeal any judgment, decree, or award. Borrower will sign and deliver all instruments requested by Xxxxxx to permit these actions.
Appears in 1 contract
Samples: Trust, Security Agreement and Fixture Filing (Saul Centers Inc)
Xxxxxx’s Rights to Proceeds. All condemnation awards, judgments, decrees, or proceeds of sale in lieu of condemnation (“Award”) are assigned and shall be paid to Lender. Xxxxxxxx authorizes Xxxxxx to collect and receive them, and to give receipts for theman Award, to accept them any Award in the amount received without question or appeal, and/or to appeal any judgment, decree, or award. Borrower will sign and deliver all instruments requested by Xxxxxx to permit these actions.
Appears in 1 contract
Samples: Trust and Security Agreement (Hines Real Estate Investment Trust Inc)