Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Premises shall be distributed and applied in accordance with the Act and, unless otherwise specified therein, in such order as the Lender may determine in its sole and absolute discretion.
Appears in 3 contracts
Samples: Mortgage, Security Agreement (GK Investment Property Holdings II LLC), Mortgage, Security Agreement (GK Investment Property Holdings II LLC), Mortgage, Security Agreement (Cti Industries Corp)
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Premises Property shall be distributed and applied in accordance with the Act and, unless otherwise specified therein, in such order as the Lender Beneficiary may determine in its sole and absolute discretion.
Appears in 2 contracts
Samples: www.sec.gov, KBS Real Estate Investment Trust III, Inc.
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Premises shall be distributed and applied in accordance with the Act and, unless otherwise specified therein, in such order as the Lender Mortgagee may determine in its sole and absolute discretion.
Appears in 2 contracts
Samples: Construction Mortgage, Security Agreement (Textura Corp), Mortgage, Security Agreement (National Patent Development Corp)
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Premises shall be distributed and applied in accordance with the Act Chapter 846 and, unless otherwise specified therein, in such order as the Lender may determine in its sole and absolute discretion.
Appears in 1 contract
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Premises shall be distributed and applied in accordance with the Act and, unless otherwise specified therein, in such order as the Lender Mortgagee may determine in its sole and absolute discretion.
Appears in 1 contract
Samples: Mortgage, Security Agreement (American Medical Systems Holdings Inc)
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Premises shall be distributed and applied in accordance with the Act and, unless otherwise specified therein, in such order as the Lender Mortgagee may determine in its sole and absolute discretion.
Appears in 1 contract
Samples: Adcare Health Systems, Inc
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Premises shall be distributed and applied in accordance with the Act applicable laws of the State of Connecticut and, unless otherwise specified therein, in such order as the Lender Mortgagee may determine in its sole and absolute discretion.
Appears in 1 contract
Samples: Security Agreement and Fixture Filing (General Datacomm Industries Inc)
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Premises Property shall be distributed and applied in accordance with the Act and, unless otherwise specified therein, in such order as the Lender Administrative Agent may determine in its sole and absolute discretion.
Appears in 1 contract
Samples: FSP 50 South Tenth Street Corp
Application of Proceeds of Foreclosure Sale. The proceeds of any foreclosure sale of the Premises Mortgaged Property shall be distributed and applied in accordance with the Act and, unless otherwise specified therein, in such order as the Lender Noteholder may determine in its sole and absolute discretion.
Appears in 1 contract
Samples: Mortgage, Security Agreement and Financing Statement (TNP Strategic Retail Trust, Inc.)
