Common use of Date of Trustee’s Sale Clause in Contracts

Date of Trustee’s Sale. If, after the expiration of any period of time provided by applicable law, Borrower’s Event of Default has not been cured and Borrower’s Debt has not been reinstated in the manner required by applicable law, Trustee shall establish a date for the sale of the Property and record and serve a notice of sale in the manner required by applicable law.

Appears in 3 contracts

Samples: Pebblebrook Hotel Trust, Morgans Hotel Group Co., Morgans Hotel Group Co.

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Date of Trustee’s Sale. If, after the expiration of any period of time provided by applicable law, BorrowerXxxxxxxx’s Event of Default has not been cured and BorrowerXxxxxxxx’s Debt has not been reinstated in the manner required by applicable law, Trustee shall establish a date for the sale of the Property and record and serve a notice of sale in the manner required by applicable law.

Appears in 2 contracts

Samples: Ashford Hospitality Trust Inc, Maguire Properties Inc

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Date of Trustee’s Sale. If, after the expiration of any period of time provided by applicable law, Borrower’s Xxxxxxxx's Event of Default has not been cured and Borrower’s Xxxxxxxx's Debt has not been reinstated in the manner required by applicable law, Trustee shall establish a date for the sale of the Property and record and serve a notice of sale in the manner required by applicable law.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (Glimcher Realty Trust)

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