Common use of NO ACCELERATION OF THE LOAN FOR TRANSFERS CAUSED BY CERTAIN EVENTS Clause in Contracts

NO ACCELERATION OF THE LOAN FOR TRANSFERS CAUSED BY CERTAIN EVENTS. Notwithstanding the foregoing provisions of this covenant, Lender shall not be entitled to declare sums secured by the Instrument immediately due and payable or to invoke any remedy permitted by paragraph 27 of the Instrument solely upon the occurrence of any of the following:

Appears in 3 contracts

Samples: Multifamily Instrument (Apartment Investment & Management Co), Multifamily Instrument (Apartment Investment & Management Co), Multifamily Instrument (Apartment Investment & Management Co)

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NO ACCELERATION OF THE LOAN FOR TRANSFERS CAUSED BY CERTAIN EVENTS. Notwithstanding the foregoing provisions of this covenant, Lender Xxxxxx shall not be entitled to declare sums secured by the Instrument immediately due and payable or to invoke any remedy permitted by paragraph 27 of the Instrument solely upon the occurrence of any of the following:

Appears in 1 contract

Samples: Multifamily Instrument (Apartment Investment & Management Co)

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