Common use of Equity Securities Clause in Contracts

Equity Securities. The Borrower or the Collateral Manager (A) may direct the Collateral Agent in writing to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security within 45 days after receipt if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable law.

Equity Securities. The Borrower or Collateral Manager, on behalf of the Collateral Manager (A) Issuer, may direct the Collateral Agent in writing Trustee to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security within 45 days after receipt receipt, regardless of price, if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable lawlaw or contractual restriction, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable lawlaw or such contract.

Equity Securities. The Borrower or the Collateral Manager (A) may direct the Collateral Agent in writing Trustee to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security Security, regardless of price within 45 days after receipt receipt, if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable law.

Equity Securities. The Borrower or the Collateral Manager Servicer (A) may direct the Collateral Agent in writing to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security prior to the Stated Maturity or, if earlier, within 45 days after receipt if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable law.

Equity Securities. The Borrower or the Collateral Manager (A) may may, on behalf of the Issuer, direct the Collateral Agent in writing to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security Margin Stock, regardless of price, within 45 days after receipt if such Equity Security constitutes Margin Stockreceipt, unless such sale is prohibited by applicable lawlaw or contractual restriction, in which case such Equity Security Margin Stock shall be sold as soon as such sale is permitted by applicable lawlaw or such contract.

Equity Securities. The Borrower or the Collateral Manager (A) may direct the Collateral Agent in writing to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security within 45 days after receipt if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable lawApplicable Law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable lawApplicable Law. For these purposes, any asset held by a Tax Subsidiary or an equity interest in any Tax Subsidiary will be deemed an Equity Security.

Equity Securities. The Borrower or the Collateral Manager (A) may direct the Collateral Agent in writing Trustee to sell any Equity Security at any time without restriction and (B) shall use its commercially reasonable efforts to effect the sale of any Equity Security Security, regardless of price within 45 days after receipt receipt, if such Equity Security constitutes Margin Stock, unless such sale is prohibited by applicable law, in which case such Equity Security shall be sold as soon as such sale is permitted by applicable law.