Foreclosure Proceeding definition

Foreclosure Proceeding means any proceeding, non-judicial sale or power of sale or other proceeding (judicial or non-judicial) for the foreclosure, sale or assignment of any Mortgage Loan, Mortgaged Property or any other Collateral under any Mortgage.
Foreclosure Proceeding means any proceeding, non-judicial sale or power of sale or other proceeding (judicial or non- judicial) for the foreclosure, sale or assignment of any Mortgage Loan, Mortgaged Property or any other Collateral under any Mortgage.
Foreclosure Proceeding means the foreclosure action commenced by Seller with respect to the Loan in the Superior Court of New Jersey, Chancery Division, Essex County, Docket No. F-10765-09, as U.S. Bank National Association, as Trustee for the registered holders of the Maiden Lane Commercial Mortgage-Backed Securities Trust 2008-1 v. 1180 Astro Urban Renewal Investors LLC, et. al.

Examples of Foreclosure Proceeding in a sentence

  • Mortgagor acknowledges that it may be necessary or desirable for Lender to amend, supplement or assign its rights under the Foreclosure Proceeding prior to a final judgment of foreclosure being entered by the Court and in connection with any Quiet Title proceeding, and hereby consents to any such amendment, supplement or assignment and, at the Lender’s sole and exclusive option, to the appointment of a receiver for the Property in the Foreclosure Proceeding.

  • In the event of a Foreclosure Proceeding, Comerica will not name Perimeter as a party defendant so as to terminate or disturb the Perimeter Sublease, the Operations / Lease Agreement, Main Lease or Perimeter Sublease or to obtain a judgment against Ford Leasing or Perimeter in any Foreclosure Proceeding.

  • Any sale conducted pursuant to any Foreclosure Proceeding shall be expressly subject to the Perimeter Sublease, the Operations / Lease Agreement, Main Lease and Perimeter Sublease; and any Purchaser shall assume all duties and obligations of Owner under the Main Lease, Perimeter Sublease and Operations / Lease Agreement.

  • Upon the earlier to occur of (y) one hundred eighty (180) days after the Collection Date, and (z) the conclusion of the applicable Foreclosure Proceeding, amounts deposited into the Individual Guarantor Collateral Account along with the interest accrued on such amounts shall be applied to the outstanding amount of the Debtor Liabilities.

  • Purchaser acknowledges that the Mortgagee has been authorized by the Court in the Mortgage Foreclosure Proceeding to take certain actions with respect to the Properties, including certain actions with respect to the management, operation and leasing of the Properties.


More Definitions of Foreclosure Proceeding

Foreclosure Proceeding means any proceeding to foreclose or otherwise enforce the Mortgage, the Collateral Security Agreement or the Pledge Agreement.
Foreclosure Proceeding means a “Foreclosure Proceeding” as defined in the Partnership Agreement. “Foreclosure Transfer” means a “Foreclosure Transfer” as defined in the Partnership Agreement.
Foreclosure Proceeding means a proceeding brought by a Commercial Lender in the Mashantucket Pequot Tribal Court to foreclose on a Mortgage.
Foreclosure Proceeding means a “Foreclosure Proceeding” as defined in the Partnership Agreement.
Foreclosure Proceeding means an action or proceeding to foreclose the state's lien for taxes charged against delinquent land or delinquent vacant land instituted under section 323.25, sections 323.65 to 323.78, or section 5721.14 or 5721.18 of the Revised Code.
Foreclosure Proceeding has the meaning assigned in Section 7.07(b) of the Indenture.
Foreclosure Proceeding has the meaning assigned in Section 7.07(b) of the Indenture.