Foreclosure Date definition

Foreclosure Date has the meaning assigned thereto in Section 3(j)(iv).

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Foreclosure Date means the date on which title to or possession of ---------------- the Inn is transferred by means of a Foreclosure.

Foreclosure Date. : means the date of prepayment of entire outstanding amount under the Loan Facility set out in the Certificate of Insurance, before the expiry of the Loan Term , irrespective of the fact whether the same has been communicated by the Policy Holder to the Company or not.

Examples of Foreclosure Date in a sentence

• Servicer shall notify the Lenders of the adoption of the Majority Instructions promptly following Servicer’s receipt of the requisite approvals from the Lender Majority; however, the failure of Servicer to notify any Lender of the adoption of a Bid Proposal or the terms of the approved Majority Instructions prior to the Foreclosure Date, shall not affect the right of Servicer to take those actions required to implement the Majority Instructions at the time of the Foreclosure Sale.

• Number Scheduled Sale Date A Dates of planned sales for properties in Foreclosure Date Property Sales Price A Sales price if liquidation was short sale or REO sale.

• Notwithstanding any contrary provision of this Lease, if Tenant enters into an agreement with a Security Holder which permits Tenant, from and after a Foreclosure Date (defined below), to offset Rent to the extent that Landlord fails to disburse the Allowance as required under this Work Letter, then, from and after such Foreclosure Date, Tenant may perform such offset to the extent permitted by such agreement.

• Number Scheduled Sale Date Dates of planned sales for properties in Foreclosure Date Property Sales Price Sales price if liquidation was short sale or REO sale.

• Upon the Effective Foreclosure Date, Borrower abandons the Gainesville Facility and any rights of occupancy under the Lease.

More Definitions of Foreclosure Date

Foreclosure Date means any date on which SIPEX sends to the Pledgor a Foreclosure Notice.

Foreclosure Date means the date upon which an applicable Borrower Subsidiary shall (i) obtain good, marketable, indefeasible and insurable fee simple title to the applicable Mortgaged Property, free and clear of all Liens whatsoever, except for (A) all Liens, encumbrances and other matters disclosed in the pro forma title insurance policy, (B) Liens, if any, for Taxes imposed by any Governmental Authority not yet due, payable or delinquent, (C) Leases otherwise permitted under the Loan Documents, and (D) such other title and survey exceptions as Lender has approved in writing in Lender’s sole and absolute discretion, (ii) be the record and beneficial owner of, and have good title to, any other property pledged to the applicable Borrower Subsidiary in consideration of such Mortgage Loan, free and clear of all Liens whatsoever, and (iii) satisfy in all respects the conditions precedent set forth in Section 4.3.6 hereof.

Foreclosure Date. As defined in Section 3.28(d).

Foreclosure Date means the date on which title to or possession of the Retirement Community is transferred by means of a Foreclosure.

Foreclosure Date means any date on which Endogen sends to the Pledgor a Foreclosure Notice.

Foreclosure Date has the meaning provided in SECTION 2(E) hereof.

Foreclosure Date means the date on which title to or possession of ---------------- the Inn is transferred by means of a Foreclosure. "Future CC&R's" shall have the meaning set forth in Section 2.5.B. -------------