Enforcement

Enforcement. Shall mean for Subordinated Creditor to make demand for payment or accelerate the Subordinated Indebtedness, repossess any material amount of Collateral or commence the judicial or non-judicial enforcement of any of the rights and remedies under the Subordinated Note, Subordinated Indebtedness or any related agreements or applicable law. For the avoidance of doubt, "Enforcement" shall specifically exclude any demand or action taken by Subordinated Creditor to obtain or receive payments upon the... sale of the Real Estate Collateral. View More

Enforcement. Means to make demand for payment or accelerate the indebtedness of Debtor, repossess any collateral or commence the judicial enforcement of any of the rights and remedies under the Lender Agreement, the LSQ Agreement or applicable law.