Pending Disposition definition
Examples of Pending Disposition in a sentence
The Borrower covenants and agrees to deliver written notice to the Administrative Agent promptly (but, in any event, within three (3) Business Days) following the consummation of each Pending Disposition.
The Company has delivered to Buyer true and complete copies of the executed contracts, agreements and other documents relating to each Pending Acquisition and Pending Disposition or, where definitive documentation has not been executed as of the date of this Agreement, the most current drafts thereof (such contracts, agreements, drafts and other documents referred to as the "Pending ------- Transaction Documents").
On the applicable Transfer Date, Seller shall transfer all REO Property acquired in connection with liquidation of a loan which is or was a Mortgage Loan in the FNMA Pool, except any Pending Disposition REO Property, together with any account maintained in accordance with FNMA requirements, to the extent such treatment is consistent with FNMA requirements.
On September 22, 2010, a Motion to Stay Proceedings Pending Disposition of Related Delaware Action was filed in the Florida Actions.
The Company has delivered to Buyer true and complete copies of the executed contracts, agreements and other documents relating to each Pending Acquisition and Pending Disposition or, where definitive documentation has not been executed as of the date of this Agreement, the most current drafts thereof (such contracts, agreements, drafts and other documents referred to as the "PENDING TRANSACTION DOCUMENTS").
There shall be excluded from the foregoing indemnification provision any claim, cause of action, suit, proceeding or demand, and any and all losses, liabilities, costs and expenses of any nature whatsoever associated therewith arising out of, or in connection with, directly or indirectly, the activities of Seller in connection with its servicing, or administration, after the Transfer Date of the Pending Foreclosure Mortgage Loans and the Pending Disposition REO Property.