Common use of Right to Terminate Proceedings Clause in Contracts

Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 at any time before the conclusion thereof, as determined in Lender’s sole discretion and without prejudice to Lender or Trustee.

Appears in 6 contracts

Samples: Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Pebblebrook Hotel Trust), Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Lightstone Value Plus Real Estate Investment Trust, Inc.), Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Morgans Hotel Group Co.)

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Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 4.02 at any time before the conclusion thereof, as determined in Lender’s 's sole discretion and without prejudice to Lender or TrusteeLender.

Appears in 3 contracts

Samples: Accommodation Cross Collateralization Deed of Trust and Security Agreement (Felcor Lodging Trust Inc), Deed of Trust and Security Agreement (Felcor Lodging Trust Inc), Deed of Trust and Security Agreement (Felcor Lodging Trust Inc)

Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 4.01 at any time before the conclusion thereof, as determined in LenderXxxxxx’s sole discretion and without prejudice to Lender or TrusteeLender.

Appears in 3 contracts

Samples: Deed of Trust (Kilroy Realty, L.P.), Deed of Trust (Kilroy Realty, L.P.), Deed of Trust (Kilroy Realty, L.P.)

Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 4.2 at any time before the conclusion thereof, as determined in Lender’s 's sole discretion and without prejudice to Lender or TrusteeLender.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Arden Realty Inc)

Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 at any time before the conclusion thereof, as determined in LenderXxxxxx’s sole discretion and without prejudice to Lender or Trustee.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Maguire Properties Inc)

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Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 4.02 at any time before the conclusion thereof, as determined in Lender’s sole discretion and without prejudice to Lender or TrusteeLender.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Behringer Harvard Opportunity REIT I, Inc.)

Right to Terminate Proceedings. Lender Beneficiary or Deed Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 at any time before the conclusion thereof, as determined in Lender’s Beneficiary's sole discretion and without prejudice to Lender Beneficiary or Deed Trustee.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Prime Retail Inc)

Right to Terminate Proceedings. Lender or Trustee may terminate or rescind any proceeding or other action brought in connection with its exercise of the remedies provided in Section 13.02 at any time before the conclusion thereof, as determined in Lender’s sole discretion and without prejudice to Lender or Trustee.in

Appears in 1 contract

Samples: Deed of Trust, Security Agreement, Assignment of Rents and Fixture Filing (Pebblebrook Hotel Trust)

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