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: Supplemental Recourse Liability Agreement (KBS Real Estate Investment Trust, Inc.), Recourse Liability Agreement (KBS Real Estate Investment Trust, Inc.), Collateral Transfer and Settlement 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: Collateral Transfer and Settlement Agreement (KBS Real Estate Investment Trust, Inc.)
