Institution of Equity Proceedings. If an Actionable Default occurs and is continuing, Mortgagee, may institute an action, suit or proceeding in equity for specific performance of this Mortgage and the Collateral Trust Agreement, both of which shall be specifically enforceable by injunction or other equitable remedy.
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Samples: Statement and Security Agreement (Midwest Generation LLC), Statement and Security Agreement (Midwest Generation LLC), Midwest Generation LLC
Institution of Equity Proceedings. If an Actionable Default occurs and is continuing, MortgageeMortgagee for the benefit of the Secured Parties, may institute an action, suit or proceeding in equity for specific performance of this Mortgage and the Collateral Trust Agreement, both of which shall be specifically enforceable by injunction or other equitable remedy.
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