Appropriate Proceedings definition

Appropriate Proceedings means any legal or administrative action by the Insured affecting either a Loan or title to a Property, including:

Appropriate Proceedings means any legal or administrative action or proceeding by the Insured affecting either the Loan or the title to the Property, and include, but are not limited to:

Appropriate Proceedings means actions or proceedings appropriate to enforce or satisfy the Borrower’s obligations under the terms of a loan, which could include legal action to enforce the terms of such loan, foreclosure proceedings, eviction proceedings, preserving deficiency rights by making a bid at a foreclosure sale and pursuing a deficiency judgment in those jurisdictions where it is customary to do so during the foreclosure proceedings or as we may require, acquiring title to the Property, or asserting your interest in the Borrower’s bankruptcy proceeding.

Examples of Appropriate Proceedings in a sentence

• The Company reserves the right to direct the Insured to institute Appropriate Proceedings at any time after Default.

• The Company will discuss all such information it may have with the Insured so that the parties can decide whether any Appropriate Proceedings (necessary to establishing or pursuing a deficiency) are to be pursued for the benefit of both parties or whether one of the parties will elect not to participate in any recovery.

• The Insured will be deemed to be participating in Appropriate Proceedings solely at the request of the Company when such proceedings are not a condition precedent to obtaining Borrower's Title to or Possession of a Property and, after the parties have exchanged information on the Loan, the Insured has advised the Company in writing why the Insured does not wish to participate in such proceedings.

• These monthly reports may be furnished less frequently if allowed in writing by the Company and must continue until the Borrower is no longer in Default, the Appropriate Proceedings terminate, or until the Insured has acquired the Property.

• These monthly reports shall continue until the Borrower is no longer in Default, the Appropriate Proceedings terminate, or until title to the Property has been transferred to the Insured.

More Definitions of Appropriate Proceedings

Appropriate Proceedings means any action or proceeding which vests in the Insured all of the Borrower’s rights and title in and to the Property including, but not limited to, foreclosure by public or private sale or voluntary conveyance from the Borrower; provided, however, that such action or proceeding shall not be inconsistent with the requirements of Conditions Six, Nine and Fifteen of this Policy and is permitted by applicable law.

Appropriate Proceedings means any legal or administrative action or proceeding by the Insured affecting either the Loan or the title to the Property, and include, but are not limited to: 1. enforcing the terms of the Loan as allowed by the laws where the Property is located; or

Appropriate Proceedings means actions or proceedings appropriate to enforce or satisfy the Borrower’s obligations under the terms of a loan, which could include legal action to enforce

Appropriate Proceedings means any legal or administrative action or proceeding by the Insured affecting either the Loan or the title to the Property, and include, but are not limited to: [LOGO OMITTED] BULK PRIMARY PMI FIRST LIEN MASTER POLICY ============================================================================ 1. enforcing the terms of the Loan as allowed by the laws where the Property is located; or

Appropriate Proceedings means the formal commencement of any legal, administrative, judicial or non-judicial action, proceeding, or remedy, permissible under the laws of the jurisdiction where the Property is located, to enforce the Borrower’s obligations under a Loan, or to apply the Property to the satisfaction of the Borrower’s obligations under a Loan. These proceedings include: enforcing the terms of the Loan, eviction proceedings, preserving Deficiency Rights by making a bid as required under Section 6.03(c)(vi), preserving or establishing Deficiency Rights in accordance with Section 8.03, acquiring Borrower’s Title or Good and Merchantable Title to the Property, as may be required under the Master Policy, or asserting your interest in the Property in a Borrower’s bankruptcy or similar proceeding.

Appropriate Proceedings means any legal or administrative action or proceeding by the Insured affecting either the Loan or the title to the Property, and include, but are not limited to: 1. enforcing the terms of the Loan as allowed by the laws where the Property is located; or [LOGO OMITTED] PMI BULK PRIMARY FIRST LIEN MASTER POLICY ===============================================================================

Appropriate Proceedings means any legal or administrative action by the Insured affecting either a Loan or title to a Property, including: Preserving a deficiency recovery by making a bid at the foreclosure sale and pursuing a deficiency judgment until the end of the Settlement Period, where appropriate and permissible and where directed by the Company; or Enforcing the terms of the Loan as allowed by the laws where the Property is located; or Acquiring Borrower's Title or Good and Merchantable Title to the Property, as either may be required under this Policy, but excluding such title as may be acquired by a voluntary conveyance from the Borrower; or Asserting the Insured's interest in the Property in a Borrower's bankruptcy.