Distressed definition

Distressed means satisfying the criteria applicable to a locality described in subdivision E 2 of

Distressed means a property that is under a current notice of default and/or notice of trustee's sale and/or pending tax assessor's lien sale or has been foreclosed upon by the trustee or has been conveyed to the beneficiary/trustee via a deed in lieu of foreclosure/sale.

Distressed means an available asset that is financially

Examples of Distressed in a sentence

• No Distressed Disposal may be made in whole or part for Non-Cash Consideration if a Security Agent has reasonable grounds for believing that its receiving, distributing, holding, managing, exploiting, collecting, realising or disposing of that Non-Cash Consideration would have an adverse effect on it.

• In the case of a Distressed Disposal effected by, or at the request of, a Security Agent, that Security Agent shall take reasonable care to obtain a fair market price having regard to the prevailing market conditions (though that Security Agent shall have no obligation to postpone (or request the postponement of) any Distressed Disposal in order to achieve a higher price).

• The Debtors shall promptly and as principal obligor indemnify each Creditor against any cost, loss or liability, whether or not reasonably foreseeable, incurred by any of them in relation to or arising out of the operation of Clause 7 (Distressed Disposals).

• Subject to Clause 8.4 (Security Agent protection), a Distressed Disposal may be made in whole or in part for consideration in the form of cash or, if not for cash, for Non-Cash Consideration which is acceptable to the Security Agent.

• Psychosocial Demands Distressed People Highly emotional people crying, upset, unhappy, depressed.

More Definitions of Distressed

Distressed means a property that is the subject of a pending foreclosure suit, has been foreclosed upon by the foreclosing entity, is set for sheriff's sale, has been sold at a sheriff's sale or has been conveyed to the mortgagee via a deed in lieu of foreclosure.

Distressed means any building, structure or real property that is subject to a current notice of default and/or notice of trustee's sale, pending tax assessors lien sale and/or any real property conveyed via a foreclosure sale resulting in the acquisition of title by an interested beneficiary of a deed of trust, and/or any real property conveyed via a deed in lieu of foreclosure/sale, regardless of vacancy or occupancy by a person with no legal right of occupancy.

Distressed means a property that meets any of the following conditions:

Distressed means an asset that is:

Distressed means an asset that is financially distressed or

Distressed means any condition that on its own or combined with other conditions present would lead a reasonable person to believe that a property is neglected, abandoned or otherwise not being regularly maintained. Such conditions include, but are not limited to: a repeat violation of any provision of this Code, as defined in F.S. § 162.04(5) or violations which have not been complied; overgrown and/or dead vegetation; the accumulation of trash, junk and/or debris; unsecured doors, windows or other openings; the presence of an unsanitary, stagnant swimming pool, the presence of boards over doors, windows or other openings in violation of the City Code; deterioration of the structure or structures on the property.

Distressed means a property that is under a current notice of default and/or notice of