Initiation of Proceedings. (1) At the request of either Contracting Party a dispute concerning the interpretation or application of this Agreement may be submitted to an arbitral tribunal for decision not earlier than 60 days after such request has been notified to the other Contracting Party.
Initiation of Proceedings. If foreclosure approval has not been withheld by the Master Servicer and, where applicable, by the respective Primary Mortgage Insurer and/or the respective Pool Insurer, with respect to a Mortgaged Property, including Co-op Shares, the Servicer shall, unless it arranges for the sale by the Borrower of the Mortgaged Property to a third party pursuant to Section 13.3.3, initiate or cause to be initiated such foreclosure actions as are authorized by law and consistent with practices in the locality where the Mortgaged Property is located, including, in the case where such Mortgaged Property includes a residential long-term lease, the succession by the Servicer to the rights of the Borrower under the lease by foreclosure, assignment in lieu of foreclosure or other comparable means. If such Mortgaged Property has been abandoned or vacated by the Borrower and the Borrower has evidenced no intention of honoring his obligations under the related Mortgage Loan, the foreclosure process shall be expedited to the fullest extent permitted by law.
Initiation of Proceedings. 13.3.3. Short Sale of Defaulted Mortgage Loans in Lieu of Foreclosure.................................................
Initiation of Proceedings. A. Pre-MMDR Efforts Before filing a Complaint to invoke the MMDR process, the CEO of a complaining party, or his/her designated representative, shall undertake good faith efforts with the other side(s) to try to resolve any dispute.
Initiation of Proceedings. 13.3.3. Short Sale of Defaulted Mortgage Loans in Lieu of Foreclosure................................................. Section 13.4 Foreclosure Procedures........................................ 13.4.1. Foreclosure Expenses........................................ 13.4.2. Bidding Instructions........................................ 13.4.3.
Initiation of Proceedings. No party may terminate this Agreement in reliance on, or initiate any court proceedings in respect of, any unresolved matter until it has attempted to settle the dispute by mediation and either the mediation has terminated or the other party has failed to participate in the mediation provided that the right to issue proceedings is not prejudiced by a delay.
Initiation of Proceedings. 1. At the request of either Contracting Party a dispute concerning the interpretation or application of this Agreement may be submitted to an arbitral tribunal for decision not earlier than 60 days after such request has been notified to the other Contracting Party.
Initiation of Proceedings. (1) Any dispute relating to the interpretation or application of the Agreement shall be settled, as far as possible, through diplomatic channels.
Initiation of Proceedings. It is the responsibility of the Office of the Xxxx, University Libraries/Xxxx, Faculty of Law to initiate proceedings at ap- propriate times by notifying the candidate and the PCAC on the standard form. Proceedings may also be initiated by the candidate provided that the established time requirements have been met. In the case of promotion to Senior Librar- xxx, proceedings are always initiated by the individual. When the Office of the Xxxx, University Libraries/Xxxx, Faculty of Law initiates procedures, the following deadlines shall be adhered to:
Initiation of Proceedings. 71 13.3.3. Short Sale of Defaulted Mortgage Loans in Lieu of Foreclosure.........................................71 Section 13.4 Foreclosure Procedures.........................................71 13.4.1. Foreclosure Expenses........................................71 13.4.2. Bidding Instructions........................................72 13.4.3. Buydown Funds Use...........................................72 13.4.4. Servicer's Responsibilities.................................72 13.4.5. Conveyance Documents........................................72 Section 13.5 Mortgage Loan Reinstatement....................................72 13.5.1. Borrower's Full Payment.....................................72 13.5.2. Borrower's Partial Payment..................................73 13.5.3. Obligations upon Reinstatement..............................73 13.5.4. Certain Assumptions Permitted...............................73 ARTICLE 14
