Common use of Right to Terminate Proceedings Clause in Contracts

Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 at any time before the conclusion thereof, as determined in Lender’s sole discretion and without prejudice to Lender or Trustee.

Appears in 6 contracts

Samples: Deed Of (Lightstone Value Plus Real Estate Investment Trust, Inc.), Pebblebrook Hotel Trust, Lightstone Value Plus Real Estate Investment Trust, Inc.

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Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 4.02 at any time before the conclusion thereof, as determined in Lender’s 's sole discretion and without prejudice to Lender or TrusteeLender.

Appears in 3 contracts

Samples: Deed of Trust and Security Agreement and Fixture Filing (Felcor Lodging Trust Inc), Trust and Security Agreement (Felcor Lodging Trust Inc), Felcor Lodging Trust Inc

Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 4.01 at any time before the conclusion thereof, as determined in LenderXxxxxx’s sole discretion and without prejudice to Lender or TrusteeLender.

Appears in 3 contracts

Samples: Security Agreement and Fixture Filing (Kilroy Realty, L.P.), Security Agreement and Fixture Filing (Kilroy Realty, L.P.), Security Agreement and Fixture Filing (Kilroy Realty, L.P.)

Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 at any time before the conclusion thereof, as determined in Lender’s sole discretion and without prejudice to Lender or Trustee.in

Appears in 1 contract

Samples: Pebblebrook Hotel Trust

Right to Terminate Proceedings. Lender Beneficiary or Deed Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 at any time before the conclusion thereof, as determined in Lender’s Beneficiary's sole discretion and without prejudice to Lender Beneficiary or Deed Trustee.

Appears in 1 contract

Samples: Prime Retail Inc

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Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 4.2 at any time before the conclusion thereof, as determined in Lender’s 's sole discretion and without prejudice to Lender or TrusteeLender.

Appears in 1 contract

Samples: Trust and Security Agreement (Arden Realty Inc)

Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 4.02 at any time before the conclusion thereof, as determined in Lender’s sole discretion and without prejudice to Lender or TrusteeLender.

Appears in 1 contract

Samples: Trust and Security Agreement and Fixture Filing (Behringer Harvard Opportunity REIT I, Inc.)

Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 at any time before the conclusion thereof, as determined in LenderXxxxxx’s sole discretion and without prejudice to Lender or Trustee.

Appears in 1 contract

Samples: Maguire Properties Inc

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