Common use of Major Decisions Clause in Contracts

Major Decisions. any proposed or actual foreclosure upon or comparable conversion of the ownership of the Property or the exercise of any other remedies with respect to the Loan;

Major Decisions. any proposed or actual foreclosure upon or comparable conversion (which may include acquisitions of the REO Property) of the ownership of the Property or the exercise of any other remedies with respect to the Loan;

Major Decisions. any proposed or actual foreclosure upon or comparable conversion of the ownership of the Mortgaged Property or the exercise of any other remedies with respect to the Mortgage Loan;