Common use of Collateral Sold As An Entirety Clause in Contracts

Collateral Sold As An Entirety. The Debtor, to the extent it may lawfully do so, on behalf of itself and all who claim through or under it, including without limitation any and all subsequent creditors, vendees, assignees and lienors, waives and releases all rights to demand or to have any marshalling of the Collateral upon any sale, whether made under any power of sale granted herein or pursuant to judicial proceedings or under any foreclosure or any enforcement of this Security Agreement, and consents and agrees that all of the Collateral may at any such sale be offered and sold as an entirety.

Appears in 14 contracts

Samples: Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc)

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