DISPOSITION OF COLLATERAL AND PROCEEDS. Upon the transfer of all or any part of the Indebtedness, Bank may transfer all or any part of the Collateral or Proceeds and shall be fully discharged thereafter from all liability and responsibility with respect to any of the foregoing so transferred, and the transferee shall be vested with all rights and powers of Bank hereunder with respect to any of the foregoing so transferred; but with respect to any Collateral or Proceeds not so transferred, Bank shall retain all rights, powers, privileges and remedies herein given. Any proceeds of any disposition of any of the Collateral or Proceeds, or any part thereof, may be applied by Bank to the payment of expenses incurred by Bank in connection with the foregoing, including reasonable attorneys' fees, and the balance of such proceeds may be applied by Bank toward the payment of the Indebtedness in such order of application as Bank may from time to time elect.
DISPOSITION OF COLLATERAL AND PROCEEDS. Upon the transfer of all or any part of the Secured Obligations, Mercator may transfer all or any part of the Collateral or Proceeds and shall be fully discharged thereafter from all liability and responsibility with respect to any of the foregoing so transferred, and the transferee shall be vested with all rights and powers of Mercator hereunder with respect to any of the foregoing so transferred; but with respect to any Collateral or Proceeds not so transferred, Mercator shall retain all rights, powers, privileges and remedies herein given. Mercator may apply any proceeds of any disposition of any of the Collateral or Proceeds, or any part thereof, to the payment of expenses incurred by Mercator in connection with the foregoing, including without limitation reasonable attorneys' fees, and Mercator may apply the balance of such proceeds toward the payment of the Secured Obligations in such order of application as Mercator may from time to time elect. Once all Secured Obligations are paid, any and all excess Collateral or Proceeds shall be returned to Pledgor.
DISPOSITION OF COLLATERAL AND PROCEEDS. Upon the transfer of all or any part of the Secured Obligations, Secured Party may transfer all or any part of the Collateral or Proceeds and shall be fully discharged thereafter from all liability and responsibility with respect to any of the foregoing so transferred, and the transferee shall be vested with all rights and powers of Secured Party hereunder with respect to any of the foregoing so transferred; but with respect to any Collateral or Proceeds not so transferred Secured Party shall retain all rights, powers, privileges and remedies herein given. Any proceeds of any disposition of any of the Collateral or Proceeds, or any part thereof, may be applied by Secured Party to the payment of expenses incurred by Secured Party in connection with the foregoing, including reasonable attorneys' fees, and the balance of such proceeds may be applied by Secured Party toward the payment of the Secured Obligations in such order of application as Secured Party may from time to time elect.
DISPOSITION OF COLLATERAL AND PROCEEDS. TRANSFER OF INDEBTEDNESS. In disposing of Collateral hereunder Bank may disclaim all warranties of title, possession, quiet enjoyment and the like- Any proceeds of any disposition of any Collateral or Proceeds, or any part thereof, may be applied by Bank to the payment of expenses incurred by Bank in connection with the foregoing including reasonable attorneys' fees, and the balance of such proceeds may be applied by Bank toward the payment of the Indebtedness in such order of application as Bank may from time to time elect. Upon the transfer of all or any part of the Indebtedness. Bank may transfer all or any part of the Collateral or Proceeds and shall be fully discharged thereafter from all liability and responsibility with respect to any of the foregoing so transferred, and the transferee shall be vested with all rights and powers of Bank hereunder with respect to any of the foregoing so transferred; but with respect to any Collateral or Proceeds not so transferred Bank shall retain all rights, powers, privileges and remedies herein given.
DISPOSITION OF COLLATERAL AND PROCEEDS. Upon the transfer of all or any part of the Indebtedness, Trade Bank may transfer all or any part of the Collateral or Proceeds and shall be fully discharged thereafter from all liability and responsibility with respect to any of the foregoing so transferred, and the transferee shall be vested with all rights and powers of Trade Bank hereunder with respect to any of the foregoing so transferred; but with respect to any Collateral or Proceeds not so transferred, Trade Bank shall retain all rights, powers, privileges and remedies herein given. Any proceeds of any disposition of any of the Collateral or Proceeds, or any part thereof, may be applied by Trade Bank to the payment of expenses incurred by Trade Bank in connection with the foregoing, including reasonable attorneys' fees, and the balance of such proceeds may be applied by Trade Bank toward the payment of the Indebtedness in such order of application as Trade Bank may from time to time elect.
DISPOSITION OF COLLATERAL AND PROCEEDS. Upon the transfer of all or any part of the Obligations, Secured Party may transfer all or any part of the Collateral or Proceeds and shall be fully discharged thereafter from all liability and responsibility with respect to any of the foregoing so transferred, and the transferee shall be vested with all liability and responsibility with respect to any of the foregoing so transferred; but with respect to any Collateral or Proceeds not so transferred, Secured Party shall retain all rights and powers hereby given.
DISPOSITION OF COLLATERAL AND PROCEEDS. Upon the transfer of all or any part of the Pledge Obligations, Lender may transfer all or any part of the Pledged Collateral and Lender shall be fully discharged thereafter from all liability and responsibility with respect to any of the foregoing so transferred, and the transferee shall be vested with all the rights and assume all Lender's obligations hereunder with respect to the foregoing so transferred; but with respect to any Pledged Collateral not so transferred, Lender shall retain all rights and powers herein given.
DISPOSITION OF COLLATERAL AND PROCEEDS. Any proceeds of any disposition of any of the Collateral or Proceeds, or any part thereof, occurring after the occurrence of any Event of Default, may be applied by Xxxxxx to the payment of expenses incurred by Xxxxxx in connection with such disposition, including without limitation reasonable attorneys’ fees and costs, and the balance of such proceeds may be applied by Xxxxxx toward the payment of the Indebtedness in such order of application as Xxxxxx may from time to time elect.
DISPOSITION OF COLLATERAL AND PROCEEDS. Upon the transfer of all or any part of the Secured Obligations, Agent may transfer all or any part of the Collateral or Proceeds and shall be fully discharged thereafter from all liability and responsibility with respect to any of the foregoing so transferred, and the transferee shall be vested with all rights and powers of Agent hereunder with respect to any of the foregoing so transferred; but with respect to any Collateral or Proceeds not so transferred, Agent shall retain all rights, powers, privileges and remedies herein given. Any proceeds of any disposition of the Collateral or Proceeds, or any part thereof, may be applied by Agent to the payment of expenses incurred by Agent in connection with the foregoing, including reasonable attorneys' fees, and the balance of such proceeds may be applied by Agent toward the payment of the Secured Obligations in such order of application as Agent may from time to time elect.
DISPOSITION OF COLLATERAL AND PROCEEDS. Any proceeds of any disposition of any of the Collateral or Proceeds, or any part thereof, may be applied by IMS to the payment of expenses incurred by IMS in connection with the foregoing, including reasonable attorneys' fees, and the balance of such proceeds may be applied by IMS toward the payment of the indebtedness and in such order of application as IMS may from time to time elect.
