Examples of Lien Enforcement Action in a sentence
Definitions 41 1.1. Borrower Payment 41 1.2. Event of Default Date 41 1.3. Exculpated Persons 41 1.4. Fraud 41 1.5. Ground Lease Impairment 41 1.6. Lease Impairment 42 1.7. Lessee Deposits 42 1.8. Lien Enforcement Action 42 1.9. Loan Obligations 42 1.10.
In the event that Xxxxxx shall threaten, initiate, or pursue any Lien Enforcement Action or other action, proceeding, or remedy in violation of the provisions of this Section, Xxxxxx agrees that damages would constitute an inadequate remedy to Borrower on account of such violation and that Borrower shall be entitled to seek and obtain injunctive relief prohibiting the same.
In the event that Lender shall threaten, initiate, or pursue any Lien Enforcement Action or other action, proceeding, or remedy in violation of the provisions of this Section, Lender agrees that damages would constitute an inadequate remedy to Borrower on account of such violation and that Borrower shall be entitled to seek and obtain injunctive relief prohibiting the same.