Common use of Election to Foreclose Clause in Contracts

Election to Foreclose. Any election by the Directing Holder to proceed with the Commencement of Foreclosure, made in accordance with Section 9.04(a).

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Mort Pa THR Cert Ser 1998-Wfc1), Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Mor Pa THR Cert Se 1997 Hud2), Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Mor Pa THR Cert Se 1997 Hud-1)

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Election to Foreclose. Any election by the Directing Holder to proceed with the Commencement of Foreclosure, made in accordance with Section 9.04(a7.04(a).

Appears in 2 contracts

Samples: Servicing Agreement (Salomon Br Mor Sec Vii Inc Series 1998-11), Servicing Agreement (Salomon Br Mor Sec Vii Inc Series 1998-11)

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