Common use of Additional Provisions on Sale Clause in Contracts

Additional Provisions on Sale. Any sale of Collateral may be in one or more parcels at public or private sales, at any of the Bank's offices or elsewhere, for cash, on credit, or for future delivery, an upon such other terms as the Bank may reasonably believe are commercially reasonable. The Bank shall not be obligated to make any sale of Collateral regardless of notice of sales having been given, and the Bank may adjourn any public or private sale from time to time by announcement made at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned.

Appears in 4 contracts

Samples: Credit Agreement (Medgenesis Inc), Security Agreement Guarantor (Datron Systems Inc/De), Security Agreement Guarantor (Datron Systems Inc/De)

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Additional Provisions on Sale. Any sale of Collateral may be in one or more parcels at public or private sales, at any of the BankAgent's offices or elsewhere, for cash, on credit, or for future delivery, an and upon such other terms as the Bank Agent may reasonably believe are commercially reasonable. The Bank Agent shall not be obligated to make any sale of Collateral regardless of notice of sales having been given, and the Bank Agent may adjourn any public or private sale from time to time by announcement made at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned.

Appears in 1 contract

Samples: Security Agreement (Chronimed Inc)

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