deems itself insecure definition
deems itself insecure means that the Person deems itself insecure in accordance with the provisions of Section 1208 of the Code.
deems itself insecure means that the Person deems itself insecure in accordance with the provisions of Section 1-208 of the Code.
deems itself insecure. , or words of similar import, means that the party
More Definitions of deems itself insecure
deems itself insecure means that the Person deems itself insecure in accordance with the provisions of Section 1208 of the Bankruptcy Code.
deems itself insecure or words of similar import, means that
deems itself insecure means, with respect to Foothill, that Foothill --------------------- deems itself insecure in accordance with the provisions of Section 1208 of the Code with respect to Foothill's good faith belief or suspicion that Borrower has engaged in defalcation, intentional misrepresentation, or other fraud.
deems itself insecure as applied to any Person means that such Person in good faith believes that the prospect of payment of the Obligations or performance under the Loan Documents is materially impaired.
deems itself insecure means that the Person deems itself insecure in accordance with the provisions of Section 1208 of the UCC.
deems itself insecure means, with respect to any Person, that such Person in good faith believes that the prospect of payment or performance is materially impaired.
deems itself insecure means, with respect to a particular circumstance, that the Person in good faith believes that the prospect of payment or performance with respect to any Obligation is materially impaired. For purposes of this definition, the burden of proof of establishing lack of good faith shall be on the party against whom a right, power, or remedy has been exercised as a result of the Person's deeming itself insecure.