Abandonment of Sale. In the event a foreclosure hereunder is commenced by Trustee in accordance with Subsection 7.1(d) hereof, at any time before the sale, Trustee may abandon the sale, and Beneficiary may then institute suit for the collection of the Indebtedness and for the foreclosure of the liens and security interests hereof and of the Loan Documents. If Beneficiary should institute a suit for the collection of the Indebtedness and for a foreclosure of the liens and security interests, Beneficiary may, at any time before the entry of a final judgment in said suit, dismiss the same and require Trustee to sell the Mortgaged Property or any part thereof in accordance with the provisions of this Deed of Trust.
Abandonment of Sale. In the event a foreclosure hereunder should be commenced by Trustee in accordance with Subsection 3.2(c), Beneficiary may at any time before the sale direct Trustee to abandon the sale, and may then institute suit for collection of the Obligation, and/or for the foreclosure of the liens hereof. If Beneficiary should institute a suit for the collection of the Obligation, and/or for a foreclosure of the liens hereof, it may at any time before the entry of a final judgment in said suit dismiss the same, and sell and/or require Trustee to sell (and the Trustee is hereby expressly authorized to sell) the Mortgaged Property, or any part thereof, in accordance with the provisions of this Deed of Trust.
Abandonment of Sale. RSI shall have the right, in its sole discretion, at all times prior to consummation of the proposed transaction giving rise to the Tag-Along Rights, to abandon, withdraw or otherwise terminate its participation in the proposed transaction, and RSI shall not have any liability or obligation to the Holders as a result of such abandonment, withdrawal or other termination.
Abandonment of Sale. Each of the Company and the Third Party shall have the right, in its sole discretion, at all times prior to consummation of the proposed sale or other disposition giving rise to the tag-along right granted by this Section 8 to abandon, rescind, annul, withdraw or otherwise terminate such sale or other disposition, whereupon all tag-along rights in respect of such sale or other disposition pursuant to this Section 8 shall become null and void, and neither the Company nor the Third Party shall have any liability or obligation to Buyer with respect thereto by virtue of such abandonment, rescission, annulment, withdrawal or termination.
Abandonment of Sale. 15 6.3. Timing of Sale.................................................................................16 6.4. Termination of Tag-Along Right.................................................................16
Abandonment of Sale. FCG shall have the right, in its sole discretion, at all times prior to consummation of the proposed transaction giving rise to the Tag-Along Rights, to abandon, withdraw or otherwise terminate its participation in the proposed transaction, and FCG shall not have any liability or obligation to the Holders as a result of such abandonment, withdrawal or other termination.
Abandonment of Sale. In the event a foreclosure hereunder is commenced by Mortgagee in accordance with Subsection 3.2(c) hereof, Mortgagee may, at any time before the sale, abandon the sale, and may then institute suit for the collection of the Obligation and for the foreclosure of the liens and security interests hereof. If Mortgagee should institute a suit for the collection of the Obligation and for a foreclosure of the liens and security interests hereof, Mortgagee may, at any time before the entry of a final judgment in said suit, dismiss the same and sell the Property or any part thereof in accordance with the provisions of this Mortgage.
Abandonment of Sale. In the event a foreclosure hereunder should be commenced by Trustee in accordance with Section 3.2(c), Beneficiary may at any time before the sale direct Trustee to abandon the sale, and exercise any other remedies available to Beneficiary.
Abandonment of Sale. In the event a foreclosure hereunder should be commenced in accordance with Section 3.2(c), Mortgagee may at any time before the sale abandon the sale and exercise any other remedies available to Mortgagee.
Abandonment of Sale. Notwithstanding authorization or consent to a proposed sale, lease or exchange of LLC's property and assets by the Class 1 Members, the Board of Directors may abandon such proposed sale, lease or exchange without further action by the Class 1 Members, subject to the rights, if any, of third parties under any contract relating thereto.
