Individual definition
Examples of Individual in a sentence
Upon B▇▇▇▇▇▇▇’s satisfaction of the requirements set forth in Section 2.3, L▇▇▇▇▇ agrees to release the applicable Individual Property.
The current Leases are in full force and effect and, except as disclosed by the aged receivables report delivered to Lender and except for various defaults under the Ohio Individual Property Lease disclosed by Borrower to Lender, there are no monetary or material non-monetary defaults thereunder by either party.
If an Individual Property is sold, through foreclosure or otherwise, prior to the receipt by Lender of such condemnation award or payment, Lender shall have the right, whether or not a deficiency judgment on the Note shall have been sought, recovered or denied, to receive said award or payment or a portion thereof sufficient to pay the Indebtedness.
Each Borrower shall self-manage its own Individual Property in accordance with industry custom for properties of similar size, type, quality and use.
So long as L▇▇▇▇▇’s rights and interests pursuant to the Loan Documents are not materially and adversely affected in any respect, then during such ninety (90) Business Day period, Lender shall forego exercising any remedies with respect to an Event of Default that Borrower notifies Lender of pursuant to this Section 6.1, including foreclosure of the lien on the Individual Property.