Common use of Definitions of Clause in Contracts

Definitions of. Transfer of the Property" and "Purchaser". As used herein, the term "Transfer of the Property" means any transfer of Borrower's interest in the Property by foreclosure, trustee's sale or other action or proceeding for the enforcement of the Deed of Trust or by deed in lieu thereof. The term "Purchaser", as used herein, means any transferee, including Bank, of the interest of Borrower as a result of any such Transfer of the Property and also includes any and all successors and assigns, including Bank, of such transferee.

Definitions of. Transfer of the Property" and "Purchaser". As used herein, the term "Transfer of the Property" means any transfer of Borrower's interest in the Property by foreclosure, trustee's sale or other action or proceeding for the enforcement of the Deed of Trust or by deed in lieu thereof. The term "Purchaser", as used herein, means any transferee, including BankBeneficiary, of the interest of Borrower as a result of any such Transfer of the Property and also includes any and all successors and assigns, including BankBeneficiary, of such transferee.

Definitions of. Transfer of the PropertyTRANSFER OF THE PROPERTY" and AND "PurchaserPURCHASER". As used hereinhere, the term "Transfer of the Property" means any transfer of Borrower's interest in the Property by foreclosure, trustee's sale or other action or proceeding for the enforcement of the Deed of Trust or by deed in lieu thereof. The term "Purchaser", ," as used hereinhere, means any transferee, including BankAgent, of the interest of Borrower as a result of any such Transfer of the Property Property, and also includes any and all successors and assigns, including BankAgent, of such transferee.