Effect of Foreclosure, Exercise of Remedies. Guarantor’s obligations hereunder shall continue notwithstanding a foreclosure, deed in lieu of foreclosure or similar proceeding or transaction involving the Mortgaged Property or any part thereof or other exercise by Agent of the other remedies under the Loan Documents, at law or in equity.
Appears in 4 contracts
Samples: Recourse Liability Agreement (KBS Real Estate Investment Trust, Inc.), Supplemental Recourse Liability Agreement (KBS Real Estate Investment Trust, Inc.), Pledge and Security Agreement (KBS Real Estate Investment Trust, Inc.)
Effect of Foreclosure, Exercise of Remedies. Guarantor’s 's obligations hereunder shall continue notwithstanding a foreclosure, deed in lieu of foreclosure or similar proceeding or transaction involving the Mortgaged Property or any part thereof or other exercise by Agent of the other remedies under the Loan Documents, at law or in equity.
Appears in 1 contract
Samples: Pledge and Security Agreement (KBS Real Estate Investment Trust, Inc.)
