Credit Bids. At any Foreclosure Sale, any person, including Mortgagor or Mortgagee, may bid for and acquire the Property or any part of it to the extent permitted by then applicable law. Instead of paying cash for such property, Mortgagee may settle for the purchase price by crediting the sales price of the property against the following obligations:
Appears in 24 contracts
Samples: Purchase and Sale Agreement (Epr Properties), Purchase and Sale Agreement (CNL Lifestyle Properties Inc), Fixture Filing (Bluerock Residential Growth REIT, Inc.)
Credit Bids. At any Foreclosure Sale, any person, including Mortgagor or Mortgagee, may bid for and acquire the Property or any part of it to the extent permitted by then applicable law. Instead of paying cash for such propertyProperty, Mortgagee may settle for the purchase price by crediting the sales price of the property Property against the following obligations:
Appears in 3 contracts
Samples: Credit Agreement (Glimcher Realty Trust), Credit Agreement (Glimcher Realty Trust), Credit Agreement (Glimcher Realty Trust)
Credit Bids. At any Foreclosure Sale, any person, including Mortgagor or Mortgagee, may bid for and acquire the Property or any part of it to the extent permitted by then applicable law. Instead of paying cash for such the property, Mortgagee may settle for the purchase price by crediting the sales price of the property Property against the following obligations:
Appears in 1 contract
Samples: Security Agreement and Fixture Filing (America First Multifamily Investors, L.P.)
Credit Bids. At any Foreclosure Sale, any person, including Mortgagor or Mortgagee, may bid for and acquire the Property or any part of it to the extent permitted by then applicable law. Instead of paying cash for such property, Mortgagee may settle for the purchase price by crediting the sales price of the property against the following obligations:: Portsmouth, Ohio
Appears in 1 contract
Samples: Glimcher Realty Trust
Credit Bids. At any Foreclosure Sale, any personPerson, including Mortgagor or MortgageeLender, may bid for and acquire the Property or any part of it to the extent permitted by then applicable law. Instead of paying cash for such propertyProperty, Mortgagee Lender may settle for the purchase price by crediting the sales price of the property Property against the following obligations:
Appears in 1 contract
Samples: Security Agreement (Wells Mid-Horizon Value-Added Fund I LLC)
Credit Bids. At any Foreclosure Sale, any person, including Mortgagor Mortgagor, or Mortgagee, may bid for and acquire the Property or any part of it thereof to the extent permitted by then applicable law. Instead of paying cash for such property, Mortgagee may settle for the purchase price therefor by crediting such portion of the following obligations against the sales price of the property against the following obligationsas is necessary to equal such price:
Appears in 1 contract
Samples: Players International Inc /Nv/
Credit Bids. At Pursuant to applicable law, at any Foreclosure Sale, any person, including Mortgagor or Mortgagee, may bid for and acquire the Property or any part of it to the extent permitted by then applicable law. Instead of paying cash for such property, Mortgagee may settle for the purchase price by crediting the sales price of the property against the following obligations:
Appears in 1 contract
Samples: Security Agreement and Fixture Filing (TNP Strategic Retail Trust, Inc.)
Credit Bids. At any Foreclosure Sale, any person, including Mortgagor or Mortgagee, may bid for and acquire the Property or any part of it thereof to the extent permitted by then applicable law. Instead of paying cash for such property, Mortgagee may settle for the purchase price therefor by crediting such portion of the following obligations against the sales price of the property against the following obligationsas is necessary to equal such price:
Appears in 1 contract
Samples: Fixture Filing and Security Agreement (Players International Inc /Nv/)
Credit Bids. At any Foreclosure Sale, any person, including ----------- Mortgagor or Mortgagee, Mortgagee may bid for and acquire the Property or any part of it thereof to the extent permitted by then applicable law. Instead of paying cash for such property, Mortgagee may settle for the purchase price by crediting the sales price of the property against the following obligations:
Appears in 1 contract
Samples: Loan Agreement (MGM Grand Inc)
Credit Bids. At any Foreclosure Sale, any person, including Mortgagor or Mortgagee, may bid for and acquire the Property or any part of it to the extent permitted by then applicable law. Instead of paying cash for such property, Mortgagee may settle for the purchase price by crediting the sales price of the property against the following obligations:foreclosure judgment.
Appears in 1 contract
Samples: Security Agreement and Fixture Filing (CNL Healthcare Properties II, Inc.)
