Deed in Lieu Agreement definition

Deed in Lieu Agreement means an Agreement Regarding Transfer in Lieu of Foreclosure between, on the one hand, Borrower and Guarantor (as defined in the Loan Agreement), and, on the other, Lender, in form and substance acceptable to Lender, duly executed and delivered by the parties thereto, which Agreement shall set forth true, correct and complete copies of the Deed in Lieu Schedule and the forms of the Deed in Lieu Documents, as the same have been approved by Lender.
Sample 1Sample 2
Deed in Lieu Agreement means that certain Deed in Lieu of Foreclosure Agreement, dated as of July 29, 2011, by and among MML RE Finance LLC, U.S. Bank National Association, Xxxxx X. Xxxxx, Xxxx Borrower and First States Group L.P.
Sample 1Sample 2
Deed in Lieu Agreement has the meaning set forth in the Recitals.
Sample 1

Examples of Deed in Lieu Agreement in a sentence

  • In no event will GKK Stars amend or modify (or permit First States Investors 3500, LLC ("Xxxx Borrower") to amend or modify) the Deed in Lieu Agreement without first obtaining the prior written consent of Newco, Citi Financial and Goldman.

  • Concurrently with the execution hereof, Borrowers, Lenders and Agents shall deliver to Escrow Agent fully-executed copies of this Agreement, the Deed in Lieu Agreement, the Deeds, the Bills of Sale, the Assignments of Leases and the Assignments of Contracts, receipt of which is hereby acknowledged by Escrow Agent.

  • Only three badges discussed above favor a finding of actual intent to hinder, delay, or defraud creditors: (4) Presidio had been sued or had been threatened with suit; (5) the Deed in Lieu Agreement transferred substantially all of Presidio’s assets; and (9) the Deed in Lieu Agreement rendered Presidio insolvent.

  • Topics will include:• Benefits and risks, especially when com- pared to a consensual foreclosure• Tax consequences to borrower and lender• The Deed in Lieu Agreement – practical tips on drafting and negotiation• Special issues associated with operating businesses such as hotelsProgram Chair and Moderator: Elizabeth C.

  • The Deed in Lieu Agreement is in full force and effect and is the valid and binding obligation of Seller enforceable according to its terms, except to the extent limited by state and federal laws affecting remedies and by bankruptcy, reorganization, or other laws of general application relating to or affecting the enforcement of creditors’ rights.

  • None of the documents Plaintiffs discuss in their summary judgment response can accurately be described as a valid Deed in Lieu Agreement.

  • Presidio received reasonably equivalent value under the Deed in Lieu Agreement, thus this badge weighs against a finding of actual intent.

  • Accordingly, assuming the Deed in Lieu Agreement involved the transfer of an “asset,” the court concludes that Presidio did not transfer the Property to Debtor with an actual intent to hinder, delay, or defraud creditors.

  • The Escrowed Documents shall be held in escrow by Escrow Agent pending authorization by Administrative Agent to release the same as provided herein and in the Deed in Lieu Agreement in order to consummate the Closing.

  • The Deed in Lieu Closing shall have occurred and the Seller shall have acquired the Deed in Lieu Assets pursuant to the Deed in Lieu Agreement.


More Definitions of Deed in Lieu Agreement

Deed in Lieu Agreement means a Deed-in-Lieu Agreement in the form of Exhibit A hereto, with the name and adress of the Grantee, recording information for Recital B thereof and the outstanding principal balance of the Loan to be filled in by Lender in a reasonable manner, and with Schedules 2, 3, 5, 8, 9, 10 and 12 completed by Borrower in a reasonable manner.
Sample 1

Related to Deed in Lieu Agreement

  • Participation Agreement means, with respect to each Indenture, the "Participation Agreement" referred to therein.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Substitution Agreement means the substitution agreement, substantially in the form set forth in the Schedules as entered into/ proposed to be entered into between the Authority, Developer, and the Lenders in relation to the substitution of the Developer with the Nominated Company in accordance with the Agreement;

  • Waiver Agreement means an agreement between

  • Modification Agreement means a written order to the Contractor, signed by the City, authorizing an addition, deletion, or revision of the Services or an adjustment in the Contract Price issued after execution of the Agreement.

  • Conveyance Agreement means the Conveyance Agreement Master Securitization Terms Number 1000, dated February 29, 2008, as amended and reaffirmed from time to time, among the Master Depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of the Master Depositor, VL Funding, as the depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of VL Funding, and Xxxxxx Xxx, Inc., as master servicer, together with each executed Purchase Agreement (as defined therein), each executed Xxxx of Sale (as defined therein) and all attachments thereto.

  • Extension Agreement means an Extension Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Company, the Administrative Agent and one or more Extending Lenders, effecting an Extension Permitted Amendment and such other amendments hereto and to the other Loan Documents as are contemplated by Section 15.1.1.

  • Accommodation Agreement means the agreement between the Student, the School, the Parents, which governs the Student’s accommodation arrangements. Act means the Education Act 1989. Agreement means this Agreement including any schedules. Application Form means the standard enrolment form which forms the cover page of this Agreement. Code means the Education (Pastoral Care of International Students) Code of Practice 2016.

  • Designation Agreement means a designation agreement entered into by a Lender (other than a Designated Bidder) and a Designated Bidder, and accepted by the Agent, in substantially the form of Exhibit D hereto.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Payment Agreement means a written agreement which provides

  • Purchase Agreement Assignment means the Purchase Agreement and Engine Warranties Assignment [________], dated as of even date with the Participation Agreement, between Lessee and Owner Trustee.

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Formal Agreement means the formal Agreement for Sale and Purchase of theProperty to be executed by the Vendor and the Purchaser in accordance with Clause 5.1 of the Conditions of Sale;

  • Reservation Agreement means a written contract entered into between MBOH and the taxpayer to provide for a Reservation and setting forth the terms and conditions under which the taxpayer may obtain a Carryover Commitment or Final Allocation.

  • Disbursement Agreement that certain Master Disbursement Agreement, dated as of , 2002, among the Borrower, the Administrative Agent and the other parties signatory thereto, as the same may hereafter be amended or modified in accordance with its terms and the terms of the Credit Agreement.

  • Diversion agreement means a mechanism designed to hold a child accountable for his or her behavior and, if appropriate, securing services to serve the best interest of the child and to provide redress for that behavior without court action and without the creation of a formal court record;

  • Replacement Agreement shall have the meaning set forth in Paragraph 2(b) hereof.

  • Guaranty Joinder Agreement means each Guaranty Joinder Agreement, substantially in the form thereof attached to the Guaranty, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • Novation Agreement means a legal instrument—

  • Guarantee Assumption Agreement means a Guarantee Assumption Agreement substantially in the form of Exhibit B to the Guarantee and Security Agreement between the Collateral Agent and an entity that pursuant to Section 5.08 is required to become a “Subsidiary Guarantor” under the Guarantee and Security Agreement (with such changes as the Administrative Agent shall request consistent with the requirements of Section 5.08).

  • Master Separation Agreement has the meaning set forth in the recitals.

  • Second Amendment Agreement means that certain Second Amendment Agreement dated as of October 4, 2011, among Xxxxx 0, xxx Xxxxxxxx, Xxxxxxx Xxxxx Capital Corporation, as administrative agent and collateral agent, and the Tranche B II Term Lenders party thereto, providing for, among other things, the amendment and restatement of the 2009 Credit Agreement.

  • Supplemental Agreement Any supplemental agreement entered into pursuant to Article IX hereof.

  • Rollover Agreement has the meaning set forth in the Recitals.