Deficiency Judgment Claim definition

Deficiency Judgment Claim means any claim, right or demand in or to any deficiency judgment, or any similar claim, right, demand or other recourse.
Sample 1Sample 2Sample 3
Deficiency Judgment Claim means any claim, right or demand in or to any deficiency judgment, or any similar claim, right, demand or any other recourse arising from, or in connection with, any loan that is or was secured by any REO Property that became Acquired Property prior to the Closing Date, such REO Property being identified as “REO” in the “Loan/REO” column of the Loan Schedule attached as Exhibit A to this Agreement, whether the title to such properties was acquired by foreclosure, by deed in lieu of foreclosure, by power of sale or by sale pursuant to the Uniform Commercial Code, and whether such claim, right, demand or other recourse is to or against the borrower or a guarantor with respect to such loan.
Sample 1Sample 2

Examples of Deficiency Judgment Claim in a sentence

  • The Company shall take such actions as are reasonably necessary or appropriate in order to preserve and protect and allow the owner thereof to assert any Deficiency Judgment Claim and shall not take any action which would impair the validity or amount of, or the ability of the owner thereof to assert, any Deficiency Judgment Claim.

  • Participants may invest in the HP Stock Fund, which is comprised of a cash component and HP Inc.

  • For the avoidance of doubt, notwithstanding anything to the contrary in this Agreement, the Company and the Initial Member agree that the contribution and sale of the Loans pursuant to this Agreement will exclude the transfer to the Company of all right, title and interest the Initial Member, the Receiver or any predecessors-in­ interest thereto may have with respect to any Deficiency Judgment Claim.

  • Councillor D Harty presented the Report of the meeting of the Elections Panel held on 25th March 2009.

Related to Deficiency Judgment Claim

  • Deficiency Claim means any portion of a Claim (a) to the extent the value of the holder’s interest in Assets securing such Claim is less than the amount of such Claim or (b) to the extent the amount of a Claim is subject to setoff is less than the amount of the Claim, each as determined by § 506(a) of the Bankruptcy Code.

  • Pending Claim has the meaning set forth in Section 9.6 hereof.

  • 503(b)(9) Claim means a Claim or any portion thereof entitled to administrative expense priority pursuant to section 503(b)(9) of the Bankruptcy Code.

  • Alternate Judgment means a form of final judgment that may be entered by the Court herein but in a form other than the form of Judgment provided for in this Stipulation.

  • Cure Claim means a Claim (unless waived or modified by the applicable counterparty) based upon a Debtor’s defaults under an Executory Contract or an Unexpired Lease assumed by such Debtor under section 365 of the Bankruptcy Code, other than a default that is not required to be cured pursuant to section 365(b)(2) of the Bankruptcy Code.

  • judgment creditor means the person in whose favour the judgment was given, and includes any person in whom the rights under the judgment have become vested by succession or assignment or otherwise;

  • Infringement Claim means a third party claim alleging that the Equipment manufactured by Motorola or the Motorola Software directly infringes a United States patent or copyright.

  • judgment debtor means any person against whom a decree has been passed or an order capable of execution has been made;

  • Alternative Judgment means a form of final judgment that may be entered by the Court but in a form other than the form of Judgment provided for in this Stipulation and where none of the Parties hereto elects to terminate this Settlement by reason of such variance.

  • Warranty Claim means any claim for breach of Warranty;

  • D&O Claim means any right or claim of any Person against one or more of the Directors and/or Officers howsoever arising on or before the D&O Bar Date, for which the Directors and/or Officers, or any of them, are by statute liable to pay in their capacity as Directors and/or Officers or which are secured by way of any one of the Directors’ Charges;

  • Pending Claims shall have the meaning set forth in Section 7.1(e).

  • Final Judgment means the Judgment Entered by the Court upon Granting Final Approval of the Settlement.

  • Adjudicative proceeding means the procedure to be followed in contested cases, as set forth in RSA 541-A:31 through RSA 541-A:36.

  • Final Order and Judgment means the final judgment and order of dismissal with prejudice to be entered in the Lawsuit in connection with the approval of the Settlement after the Final Approval Hearing.

  • Order and Final Judgment means the order and final judgment of the Court approving the Settlement Agreement, as described in Section II(E)(7) below.

  • Claim means any claim, action, cause of action, demand, lawsuit, arbitration, inquiry, audit, notice of violation, proceeding, litigation, citation, summons, subpoena, or investigation of any nature, whether civil, criminal, administrative, regulatory or other, and whether at law, in equity or otherwise brought against an Indemnified Person.

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.