Foreclosure Notice definition

Foreclosure Notice means notice of default and intention to foreclose prepared pursuant to section 667-22.

Foreclosure Notice. The notice to be delivered by the related Servicer to the Master Servicer (pursuant to the related Servicing Agreement) no later than five Business Days prior to its commencement of foreclosure proceedings with respect to a Mortgage Loan, of its intention to commence such foreclosure proceedings. Xxxxxxx Mac: Xxxxxxx Mac, formerly the Federal Home Loan Mortgage Corporation, or any successor thereto.

Foreclosure Notice is defined in Section 8.4.

Examples of Foreclosure Notice in a sentence

• Foreclosure Notice shall have the meaning set forth in Section 7(a) hereof.

• Declarant shall have forty-five (45) calendar days (the “Option to Purchase Period”) from the date of the Foreclosure Notice to exercise its Option to Purchase.

• Upon receipt of such notice, Declarant or its assignee may elect to purchase such Affordable Unit, in which case upon such election the Affordable Owner and Mortgagee shall have the obligation to sell the Affordable Unit for an amount equal to the Maximum Resale Price as of the date of the Foreclosure Notice (the “Option to Purchase”), with no obligation upon Declarant to exercise the same.

• Recordation of a Notice of Foreclosure does not constitute a Foreclosure Notice under these Covenants.

• Until an Event of Default has occurred and SIPEX has given a Foreclosure Notice in accordance with Section 11 hereof to the Pledgor, the Pledgor shall be permitted to receive all cash dividends paid by SIPEX with respect to the Pledged Stock and to exercise all voting and corporate rights with respect to the Pledged Stock.

More Definitions of Foreclosure Notice

Foreclosure Notice means written notice that SIPEX may give to the Pledgor when an Event of Default occurs and is continuing, which notice shall state (i) that SIPEX is exercising its rights under this Agreement and (ii) the nature of the Event of Default.

Foreclosure Notice shall have the meaning set forth in Section 7.8(a).

Foreclosure Notice means written notification by Institutional Partners IIA to Novo Nordisk that Institutional Partners IIA has Foreclosed on any Licensed IP, which notice shall state the date of such Foreclosure, describe the Licensed IP so foreclosed and specify the Novo Nordisk Agreement(s) covering such Licensed IP.

Foreclosure Notice has the meaning given such term in Section 12.3.

Foreclosure Notice. The notice to be delivered by the related Servicer to the Master Servicer (pursuant to the related Servicing Agreement) no later than five Business Days prior to its commencement of foreclosure proceedings with respect to a Mortgage Loan, of its intention to commence such foreclosure proceedings.

Foreclosure Notice means written notification by MHR to Novartis that MHR has foreclosed on any Licensed IP, which notice shall state the date of such Foreclosure, describe the Licensed IP so foreclosed and specify the Novartis Agreement(s) covering such Licensed IP.

Foreclosure Notice has the meaning specified in Section 4.03(b)(i).