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Common use of Credit Bid Clause in Contracts

Credit Bid. Lender may credit bid and purchase any and all of the Collateral at any public sale.

Appears in 7 contracts

Sources: Loan and Security Agreement (DecisionPoint Systems, Inc.), Loan and Security Agreement (Visualant Inc), Loan and Security Agreement (Andalay Solar, Inc.)

Related Clauses

  • Credit Bidding
  • Bid Loans
  • Competitive Bid Loans
  • Committed Loans
  • Borrowing Mechanics for Revolving Loans

Parent Clauses

  • The Agents
  • Miscellaneous
  • Rights and Remedies
  • Status as a Holding Company
  • Termination of Covenants

Sub-Clauses

  • Notices
  • Indemnity
  • Severability
  • Amendments and Waivers
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