Foreclosure Sale definition

Foreclosure Sale has the meaning set forth in Section 9(c) of the Note.

Foreclosure Sale means a legal process which allows the City to foreclose and to sell property to liquidate a delinquent lien.

Foreclosure Sale means the legal process of selling real property, which allows the City to foreclose and to dispose of a delinquent lien through notice and sale.

Examples of Foreclosure Sale in a sentence

• Foreclosure sale scheduled—when the foreclosure sale is scheduled.

• The Servicer shall require payment in full of any Mortgage Loan within ten (10) days of the junior lien holder’s Foreclosure sale.

• Such notice must include the date, location, and time of the Foreclosure sale.

• Advances will terminate upon completion of the liquidation of a property from REO or Foreclosure sale to a third party.

• Any Real Property located in the City, whether vacant or occupied, that is encumbered by a mortgage subject to an ongoing Foreclosure Action by the Mortgagee or Trustee, has been the subject of a Foreclosure Action by a Mortgagee or Trustee and a Judgement has been entered, or has been the subject of a Foreclosure sale where the title was transferred to the beneficiary of a mortgage involved in the Foreclosure and any properties transferred under a deed in lieu of foreclosure/sale.

More Definitions of Foreclosure Sale

Foreclosure Sale means, with respect to any Loan(s), the actual forced sale of Secured Property at a public auction after judicial foreclosure or equivalent proceeding.

Foreclosure Sale any Changing Orbital Foreclosure Sale or Non-Changing Orbital Foreclosure Sale, as applicable.

Foreclosure Sale means the sale of real property to enforce an obligation secured by a mortgage or lien on the property, including the exercise of a trustee's power of sale.

Foreclosure Sale means any judicial sale or any sale of collateral conducted by a pledgee in exercising its rights under the Uniform Commercial Code.

Foreclosure Sale means the foreclosure of a Mortgage of a Residential Property pursuant to a power of sale in a mortgage and as described in M.G.L. c. 244.

Foreclosure Sale is defined in Section 17.4 of the Lease.

Foreclosure Sale has the meaning set forth in Section 7.06.