Equity Collateral Enforcement Action means any action or proceeding or other exercise of Mezzanine Lender’s rights and remedies commenced by Mezzanine Lender, in law or in equity, or otherwise, in order to realize upon the Equity Collateral.
Equity Collateral Enforcement Action shall have the meaning set forth in Section in Section 13.1 hereof.
Equity Collateral Enforcement Action means any action or proceeding or other exercise of a Junior Lender's rights and remedies commenced by such Junior Lender, in law or in equity, or otherwise, in order to realize upon the Equity Collateral (including, without limitation, an assignment in lieu of foreclosure or other negotiated settlement in lieu of any such enforcement action) other than the giving of notices of default and statements of overdue amounts.
Examples of Equity Collateral Enforcement Action in a sentence
These units and their functionaries will be eligible for awards at National/State/District levels.
The four presentations covered a variety of strategic policies, in- cluding India’s development and exhibition of nuclear capacity, and Mexico’s membership in NAFTA, which altered radically its relations with the United States and its position internationally.
If Landlord under the Ground Lease consents to an Equity Collateral Enforcement Action (as defined in the Ground Lease) that is a foreclosure on the Mezzanine Interests (as defined in the Ground Lease) in accordance with the Ground Lease, then the Public Entities shall be deemed to have consented to an Equity Collateral Enforcement Action that is a foreclosure on the Mezzanine Interest.
It can be very quick to apply and produces a hard copy detailing all the potential latent failings in the system andprovides selected guidance and recommendations for managers/engineers to select their own action plan.This new tool was originally visualised as having its main use as part of risk assessments for specific major operations, although there are clearly many other potential applications.
This overlap of roles often characterises average-size residential projects in Italy, and in many other European countries (ANCE, 2011).As the study aimed to focus on organisational diversities related to the “greenness” of the building, in sampling the case studies, contrasts in green characteristics were preferred.
More Definitions of Equity Collateral Enforcement Action
Equity Collateral Enforcement Action means any action or proceeding or other exercise of a Permitted Mezzanine Lender's rights and remedies in connection with its security interests in the Pledgor in order to realize upon its equity collateral, including, without limitation, the acceptance of an assignment in lieu of foreclosure for the equity collateral. With respect to any Permitted Equity Encumbrance, (a) the granting of such Permitted Equity Encumbrance by Landlord shall not be deemed a Change of Control of Tenant, (b) any enforcement action and/or the completion of any Equity Collateral Enforcement Action (including, without limitation, the acquisition of all (or substantially all) of the direct or indirect ownership of Tenant) or the exercise of voting control over Tenant by a Permitted Mezzanine Lender with respect to such equity collateral security interest shall not be deemed a Change of Control of Tenant and shall not be prohibited by this Lease, (c) the Permitted Mezzanine Lender shall have the same cure rights and notice rights as are given to any other Permitted Lender under this Article 10, but such periods for the notice rights and cure rights shall run concurrently with the rights provided to the Permitted Mortgage Lender, and (d) in the case of MICC only, MICC shall have the same rights, including the same cure rights and the same notice rights, as are given to any other Permitted Lender under this Article 10, but such periods for notice rights and cure rights shall run concurrently with the rights provided to the Permitted Mortgage Lender.
Equity Collateral Enforcement Action means any action, proceeding, demand for payment, foreclosure, the taking of a xxxx of sale or assignment in lieu of any proceeding or foreclosure or any retention of title to the Equity Collateral authorized under the Uniform Commercial Code as now or hereafter in effect, including, without limitation, obtaining the appointment of a receiver or similar agent with respect to the Equity Collateral, the taking of possession or control of Equity Collateral or any portion thereof (other than the physical possession of any certificates evidencing Equity Collateral) or other exercise of a Junior Lender’s rights and remedies commenced by such Junior Lender (other than the giving of notices of default and statements of overdue balances or imposing default interest or late charges), at law, in equity, or otherwise, in order to realize upon or vest title to the Equity Collateral (including, without limitation, an assignment in lieu of foreclosure or other final negotiated settlement in lieu of any such enforcement action) in Junior Lender free and clear of any lien or security interest, or otherwise obtaining, selling or transferring the Equity Collateral or the proceeds thereof.
Equity Collateral Enforcement Action means any action, proceeding, demand for payment, foreclosure, the taking of a bill of sale or assignment in lieu of any proceeding or foreclosure or any retention of title to the Equity Collateral authorized under the Uniform Commercial Code as now or hereafter in effect, including, without limitation, obtaining the appointment of a receiver or similar agent with respect to the Equity Collateral, the taking of possession or control of Equity Collateral or any portion thereof (other than the physical possession of any certificates evidencing Equity Collateral) or other exercise of a Junior Lender’s rights and remedies commenced by such Junior Lender (other than (x) the giving of notices of default and statements of overdue balances, (y) imposing default interest or late charges, or (z) subject to and in accordance with the provisions of this Agreement, the filing of a proof of claim by a Junior Lender in a Proceeding with respect to the applicable Junior Borrower), at law, in equity, or otherwise, in order to realize upon or vest title to the Equity Collateral (including, without limitation, an assignment in lieu of foreclosure or other final negotiated settlement in lieu of any such enforcement action) in Junior Lender free and clear of any lien or security interest, or otherwise obtaining, selling or transferring the Equity Collateral or the proceeds thereof.
Equity Collateral Enforcement Action means any action or proceeding or other exercise of a Permitted Mezzanine Lender's rights and remedies in connection with its security interests in (or from) a [Pledgor] in order to realize upon its equity collateral, including, without limitation, the acceptance of an assignment in lieu of foreclosure for the equity collateral. With respect to any Permitted Equity Financing Encumbrance, (a) the granting of such Permitted Equity Financing Encumbrance shall not be deemed a Change of Control (as defined in the Sublease) of Developer, and (b) any enforcement action and/or the completion of any Equity Collateral Enforcement Action (including, without limitation, the acquisition of all (or substantially all) of the direct or indirect ownership of Developer) or the exercise of voting control over Developer by a Permitted Mezzanine Lender with respect to such equity collateral security interest shall not be deemed a Change of Control of Developer and shall not be prohibited by the Project Implementation Agreement.
Equity Collateral Enforcement Action means any action or proceeding or other exercise of a Permitted Mezzanine Lender's rights and remedies in connection with its security interests in (or from) a Pledgor in order to realize upon its equity collateral, including, without limitation, the acceptance of an assignment in lieu of foreclosure for the equity collateral. With respect to any Permitted Equity Financing Encumbrance, (a) the granting of such Permitted Equity Financing Encumbrance shall not be deemed a Change of Control of RIDA, or (b) any enforcement action and/or the completion of any Equity Collateral Enforcement Action (including, without limitation, the acquisition of all (or substantially all) of the direct or indirect ownership of RIDA) or the exercise of voting control over RIDA by a Permitted Mezzanine Lender with respect to such equity collateral security interest shall not be deemed a Change of Control of RIDA and shall not be prohibited by this Sublease.
Equity Collateral Enforcement Action means any UCC foreclosure, assignment-in-lieu of foreclosure, “strict foreclosure” under the UCC, exercise of voting rights under the Pledge Agreement or other action to acquire or exercise Control over the Pledged Equity Interests.
Equity Collateral Enforcement Action has the meaning set forth in Section 9.3.3(k) hereof.