Rents and Profits definition

Rents and Profits. As defined in the Security Instrument.
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Rents and Profits means all and any income, rents, royalties, revenue, issues, profits, proceeds, accounts receivable and other benefits now or hereafter arising from the Property, or any part thereof.
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Rents and Profits shall have the meaning ascribed to such term in the Security Instrument.
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Examples of Rents and Profits in a sentence

  • There exists as part of the related Mortgage File an Assignment of Leases, Rents and Profits (either as a separate instrument or incorporated into the related Mortgage).

  • The related Mortgage or related Assignment of Leases, Rents and Profits, subject to applicable law, provides that, upon an event of default under the Mortgage Loan, a receiver is permitted to be appointed for the collection of rents or for the related mortgagee to enter into possession to collect the rents or for rents to be paid directly to the mortgagee.

  • Each related Mortgage and Assignment of Leases, Rents and Profits is freely assignable without the consent of the related Borrower.

  • Subject to the Standard Qualifications, each assignment of Mortgage and assignment of Assignment of Leases, Rents and Profits to the Trust (or, with respect to a Non-Serviced Mortgage Loan, to the related Non-Serviced Trustee) constitutes a legal, valid and binding assignment to the Trust (or, with respect to a Non-Serviced Mortgage Loan, to the related Non-Serviced Trustee).

  • Each related Mortgage and Assignment of Leases, Rents and Profits is freely assignable without the consent of the related Mortgagor.


More Definitions of Rents and Profits

Rents and Profits. Paragraph 8 of the granting clause
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Rents and Profits is defined in clause (i) of the granting clause.
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Rents and Profits with respect to any Property, shall have the meaning given that term in section 4.14.1.
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Rents and Profits shall have the meaning ascribed to such term in the Mortgage.
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Rents and Profits has the meaning given that term in Section 3.13(3) of this Agreement.
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Rents and Profits shall have the meaning set forth in the Security Agreement.
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Rents and Profits. As defined in the Mortgage.
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