Common use of Method of Sales Clause in Contracts

Method of Sales. The Mortgagor waives all rights to direct the order in which any of the Mortgaged Property or the Collateral will be sold in the event of any sale under this Mortgage, and also any right to have any of the Mortgaged Property or the Collateral marshalled upon any sale.

Appears in 6 contracts

Samples: Mortgage, Security Agreement, and Assignment of Leases and Rents (Kadant Inc), Security Agreement (Kadant Inc), Mortgage and Security Agreement (Kadant Inc)

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Method of Sales. The Mortgagor waives all rights to direct the order in which any of the Mortgaged Property or the Collateral will be sold in the event of any sale under this Mortgage, and also any Mortgage (MI) right to have any of the Mortgaged Property or the Collateral marshalled upon any sale.

Appears in 1 contract

Samples: Mortgage (Kadant Inc)

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