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.
Appears in 5 contracts
Samples: Credit Agreement (Powersecure International, Inc.), Deed of Trust (Grubb & Ellis Healthcare REIT II, Inc.), Credit Agreement (Powersecure International, Inc.)
Abandonment of Sale. In the event If a foreclosure hereunder is commenced by Trustee in accordance with Subsection 7.1(d) hereofSection 10 of this Deed of Trust, at any time before the sale, Trustee may abandon the sale, and Beneficiary may then institute suit for the collection of the Indebtedness Liabilities and for the foreclosure of the liens and security interests hereof hereof, the Credit Agreement and of the Loan Other Documents. If Beneficiary should institute a suit for the collection of the Indebtedness Liabilities 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.
Appears in 4 contracts
Samples: Security Agreement and Fixture Filing (Radnor Holdings Corp), Security Agreement and Fixture Filing (Radnor Holdings Corp), Security Agreement and Fixture Filing (Radnor Holdings Corp)
Abandonment of Sale. In the event If a foreclosure hereunder is commenced by Trustee in accordance with Subsection 7.1(d) hereofSection 10 of this Deed of Trust, at any time before the sale, Trustee may abandon the sale, and Beneficiary may then institute suit for the collection of the Indebtedness Liabilities and for the foreclosure of the liens and security interests hereof hereof, the Indenture and of the Loan Other Documents. If Beneficiary should institute a suit for the collection of the Indebtedness Liabilities 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.
Appears in 4 contracts
Samples: Styrochem U S LTD, Styrochem U S LTD, Styrochem U S LTD
Abandonment of Sale. In the event a foreclosure hereunder is commenced by Trustee in accordance with Subsection 7.1(d3.2(c) hereof, Beneficiary may, at any time before the sale, direct Trustee may to abandon the sale, and Beneficiary may then institute suit for the collection of the Indebtedness Note and for the foreclosure of the liens and security interests hereof and of the Loan Documentshereof. If Beneficiary should institute a suit for the collection of the Indebtedness Note and for a foreclosure of the liens and security interestsinterests hereof, 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.
Appears in 2 contracts
Samples: Cabinet Grow, Inc., Security Agreement (Us Home Systems Inc)
Abandonment of Sale. In the event a foreclosure hereunder is commenced by Trustee in accordance with Subsection Section 7.1(d) hereof, at any time before the sale, 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.
Appears in 1 contract
Samples: Fiber Exchange Agreement (General Communication Inc)
Abandonment of Sale. In the event a foreclosure hereunder is commenced by Trustee in accordance with Subsection 7.1(d) hereofthis Mortgage, at any time before the sale, Trustee may abandon the sale, and Beneficiary may then institute suit for the collection of the Indebtedness Secured Obligations 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 Secured Obligations 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 TrustMortgage.
Appears in 1 contract
Samples: Security Agreement and Financing Statement (Wells Core Office Income Reit Inc)
Abandonment of Sale. In the event If 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 Lender 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 Lender should institute a suit for the collection of the Indebtedness and for a foreclosure of the liens and security interests, Beneficiary Lender 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.
Appears in 1 contract
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.
Appears in 1 contract
Samples: Cellstar Corp
Abandonment of Sale. In the event a foreclosure hereunder is commenced by Trustee in accordance with Subsection 7.1(dsubsection (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 Secured Obligations 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 Secured Obligations and for a foreclosure of the liens and security interestsinterests hereof, 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 Subject Property and Collateral or any part thereof in accordance with the provisions of this Deed of Trust.
Appears in 1 contract
Samples: Intervoice Inc
Abandonment of Sale. In the event a foreclosure hereunder is commenced by Trustee in accordance with Subsection 7.1(dSection 10.02(c) hereof, Beneficiary may, at any time before the sale, direct Trustee may to abandon the sale, and Beneficiary may then institute suit for the collection of the Indebtedness Note and for the foreclosure of the liens and security interests hereof and of the Loan Documentshereof. If Beneficiary should institute a suit for the collection of the Indebtedness Note and for a foreclosure of the liens and security interestsinterests hereof, 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.
Appears in 1 contract
Samples: Construction Loan Agreement (Micropac Industries Inc)
Abandonment of Sale. In the event a foreclosure hereunder is commenced by Trustee in accordance with Subsection 7.1(dSUBSECTION 7.1(D) hereof, at any time before the sale, Trustee may abandon the sale, and Beneficiary Lender 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 Lender should institute a suit for the collection of the Indebtedness and for a foreclosure of the liens and security interests, Beneficiary Lender 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 TrustLien Instrument.
Appears in 1 contract
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 DEED OF TRUST - Page 28 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.
Appears in 1 contract
Samples: Term Credit Agreement (Powersecure International, Inc.)
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 indebtedness and for a foreclosure of the 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.. 7.6
Appears in 1 contract
Samples: Purchase and Sale Agreement (Healthtech International Inc)