EVICTION BY PARAMOUNT TITLE Sample Clauses

EVICTION BY PARAMOUNT TITLE. The Mortgagors, within three (3) --------------------------- Business Days of obtaining knowledge of the pendency of any proceedings for the eviction of any Mortgagor from the Premises or any part thereof by paramount title or otherwise questioning any Mortgagor's title to the Premises as warranted in this Mortgage, or of any condition which might reasonably be expected to give rise to any such proceedings, shall notify the Mortgagee thereof. The Mortgagee may participate in such proceedings, and the Mortgagors will deliver or cause to be delivered to the Mortgagee all instruments reasonably requested by the Mortgagee to permit such participation. In any such proceeding the Mortgagee may be represented by counsel reasonably satisfactory to it and the Mortgagors will pay all costs, fees and expenses reasonably incurred by the Mortgagee and the Servicer on its behalf (including all reasonable attorneys' fees and expenses, the fees of insurance experts and adjusters and the reasonable costs incurred in any litigation or arbitration), in connection with any such proceeding and seeking and obtaining any award or payment on account thereof.
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EVICTION BY PARAMOUNT TITLE. 33 17. BOOKS AND RECORDS, FINANCIAL STATEMENTS, REPORTS AND OTHER INFORMATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 17.1.
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EVICTION BY PARAMOUNT TITLE. The Mortgagor, within two Business Days of obtaining knowledge of the pendency of any proceedings for the eviction of the Mortgagor from the Premises or any part thereof by paramount title or otherwise questioning the Mortgagor's title to the Premises as warranted in this Mortgage, or of any condition which might reasonably be expected to give rise to any such proceedings, shall notify the Mortgagee thereof. The Mortgagee may participate in such proceedings, and the Mortgagor will deliver or cause to be delivered to the Mortgagee all instruments reasonably requested by the Mortgagee to permit such participation. In any such proceeding the Mortgagee may be represented by counsel reasonably
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EVICTION BY PARAMOUNT TITLE. If Tenant is evicted from the Premises as a result of any Person holding title to the Land superior to that of Landlord (excluding any Person holding such superior title as a direct result of a foreclosure of a lien voluntarily created by Landlord, including any Mortgage); then Tenant shall be conclusively presumed to have made Landlord an irrevocable offer to purchase the Premises at the price determined pursuant to EXHIBIT 15-1 (a "DEFEASANCE PURCHASE OFFER"). A Defeasance Purchase Offer shall be deemed accepted unless rejected in writing by Landlord and the first Mortgagee jointly within thirty (30) days after the date of Tenant's eviction from the Premises. A Defeasance Purchase Offer shall be deemed to contain a closing date of thirty (30) days following the date it is deemed made, and the purchase shall be governed by the terms and conditions set forth in EXHIBIT 15-2.
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Related to EVICTION BY PARAMOUNT TITLE

  • ABANDONMENT OF PREMISES Tenant agrees not to abandon or vacate the Premises during the Term of this Lease. If Tenant does abandon or vacate the Premises for more than ninety (90) days, Landlord may terminate this Lease, by written notice to Tenant at any time prior to Tenant reoccupying the Premises, but such termination shall not entitle Landlord to pursue any other remedies unless an uncured Event of Default then exists, in which case Landlord may pursue any and all remedies provided by this Lease, at law or in equity.

  • Termination by Owner Owner may also terminate this Agreement at any time before Contractor begins the Work and notifies Owner in writing of such commencement if (1) Owner sells the property on which the Work is being performed or (2) the economic climate does not warrant proceeding with the project of which the Work is a part. In such circumstance, Contractor shall be entitled to receive that portion of the Contract Price earned by Contractor for Work performed to the satisfaction of Owner less any payments made before the date this Agreement is terminated. Contractor shall not be entitled to any additional compensation or damages as a result of termination of this Agreement pursuant to this Paragraph 12(c).

  • Termination by Purchaser This Agreement may be terminated by Purchaser at any time prior to the Effective Time:

  • Termination by Any Party This Advisory Agreement may be terminated upon 60 days’ written notice without cause or penalty, by any party (by a majority of the Independent Directors of the Company or the manager of the Advisor).

  • Acquisition by Seller The Asset was acquired by Seller in March 2021.

  • Termination by Lessor Lessor may terminate the lease at any time if any of the following shall happen:

  • Termination by Seller This Agreement may be terminated by Seller and the purchase and sale of the Station abandoned, if Seller is not then in material default, upon written notice to Buyer, upon the occurrence of any of the following:

  • Personal Property at Tenant’s Risk All of the furnishings, fixtures, equipment, effects and property of every kind, nature and description of Tenant and of all persons claiming by, through or under Tenant which, during the continuance of this Lease or any occupancy of the Premises by Tenant or anyone claiming under Tenant, may be on the Premises, shall be at the sole risk and hazard of Tenant and if the whole or any part thereof shall be destroyed or damaged by fire, water or otherwise, or by the leakage or bursting of water pipes, steam pipes, or other pipes, by theft or from any other cause, no part of said loss or damage is to be charged to or to be borne by Landlord, except that Landlord shall in no event be indemnified or held harmless or exonerated from any liability to Tenant or to any other person, for any injury, loss, damage or liability to the extent prohibited by law.

  • Inspection by Lessor Upon reasonable advance notice, Lessee, during reasonable business hours and subject to Lessee's security requirements, will make the Equipment and its related log and maintenance records available to Lessor for inspection.

  • Termination by Parent This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time by Parent if:

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