Foreclosure Proceedings. Filing of any foreclosure proceeding, giving notice of a trustee’s sale, or any other action by any Person, other than Lender, to realize upon any of the Collateral under any Lien or Encumbrance on any or all of the Collateral, regardless of whether such Lien or Encumbrance is a Permitted Exception and regardless of whether junior or senior to the Security Instrument.
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Samples: Secured Revolving Credit Loan Agreement (Owens Realty Mortgage, Inc.), Credit Agreement (William Lyon Homes), Credit Agreement (William Lyon Homes)
Foreclosure Proceedings. Filing of any foreclosure proceeding, giving notice of a trustee’s 's sale, or any other action by any Person, other than the Lender, to realize upon any of the Collateral under any Lien or Encumbrance on any or all of the Collateral, regardless of whether such Lien or Encumbrance is a Permitted Exception and regardless of whether junior or senior to the Security InstrumentDeed of Trust, and the expiration of 15 Business Days after written notice from Lender.
Appears in 2 contracts
Samples: Modification Agreement (Crescent Operating Inc), Credit Loan Agreement (Crescent Operating Inc)
Foreclosure Proceedings. Filing The filing of any foreclosure proceeding, giving notice of a trustee’s sale, or any other action by any Person, other than LenderAdministrative Agent, to realize upon any of the Collateral under any Lien or Encumbrance on any or all of the Collateral, regardless of whether such Lien or Encumbrance is a Permitted Exception and regardless of whether junior or senior to the Security applicable Mortgage Instrument.;
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Samples: Borrowing Base Revolving Line of Credit Agreement (Industrial Income Trust Inc.)
Foreclosure Proceedings. Filing of any foreclosure proceeding, giving notice of a trustee’s sale, or any other action by any Person, other than LenderBank, to realize upon any of the Collateral under any Lien or Encumbrance on any or all of the Collateral, regardless of whether such Lien or Encumbrance is a Permitted Exception and regardless of whether junior or senior to the Security InstrumentDeed of Trust.
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Foreclosure Proceedings. Filing The filing of any foreclosure proceeding, giving notice of a trustee’s sale, or any other action by any Person, other than LenderAdministrative Agent, to realize upon any of the Collateral Real Estate Inventory under any Lien or Encumbrance on any or all of the Collateral, regardless of whether such Lien or Encumbrance is a Permitted Exception and regardless of whether junior or senior to the Security InstrumentException.
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