Liquidation of Collateral. Sell, or instruct any agent to sell, all or any part of the Collateral, and direct such agent to deliver all proceeds thereof to the Secured Party, and apply all proceeds to the payment of any or all of the Obligations in such order and manner as the Secured Party shall, in its discretion, choose.
Appears in 4 contracts
Samples: Security Agreement (Cord Blood America, Inc.), Security Agreement (Syzygy Entertainment LTD), Security Agreement (Cord Blood America, Inc.)
Liquidation of Collateral. Sell, or instruct any agent or broker to sell, all or any part of the CollateralCollateral in a public or private sale, direct any agent or broker to liquidate all or any part of any account and direct such agent to deliver all proceeds thereof to the Secured Party, for the benefit of the Bridge Note Holders, and apply all proceeds to the payment of any or all of the Obligations in such order and manner as set forth in the Secured Party shall, in its discretion, chooseNotes.
Appears in 3 contracts
Samples: Pledge Agreement (GFInet Inc.), Pledge Agreement (Oak Investment Partners Xii L P), Pledge Agreement (Daher Michel)
