Mortgagee as Purchaser. Mortgagee shall have the right to become the purchaser at any sale held by Mortgagee or by any receiver or public officer or at any public sale, and Mortgagee shall have the right to credit upon the amount of Mortgagee’s successful bid, to the extent necessary to satisfy such bid, all or any part of the Secured Indebtedness in such manner and order as Mortgagee may elect.
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Samples: Security Agreement (Cellteck Inc.), Loan Agreement and Secured Promissory Note (Cellteck Inc.), Assignment, Security Agreement and Fixture Filing (Cellteck Inc.)
Mortgagee as Purchaser. Mortgagee shall have the right to become the purchaser at any sale held by Mortgagee or by any receiver or public officer or at any public sale, and Mortgagee shall have the right to credit upon the amount of Mortgagee’s 's successful bid, to the extent necessary to satisfy such bid, all or any part of the Secured Indebtedness in such manner and order as Mortgagee may elect.
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Samples: Assignment, Security Agreement and Fixture Filing (Compx International Inc), Assignment, Security Agreement and Fixture Filing (Nl Industries Inc)
Mortgagee as Purchaser. Mortgagee shall have the right ---------------------- to become the purchaser at any sale held by Mortgagee or substitute or successor or by any receiver or public officer or at any public sale, and Mortgagee shall have the right to credit upon the amount of Mortgagee’s 's successful bid, to the extent necessary to satisfy such bid, all or any part of the Secured Indebtedness secured indebtedness in such manner and order as Mortgagee may elect.
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Samples: Security Agreement (Wells Real Estate Investment Trust Inc)
Mortgagee as Purchaser. Mortgagee shall have the right to ---------------------- become the purchaser at any sale held by Mortgagee or by any receiver or public officer or at any public sale, and Mortgagee shall have the right to credit upon the amount of Mortgagee’s 's successful bid, to the extent necessary to satisfy such bid, all or any part of the Secured Indebtedness secured indebtedness in such manner and order as Mortgagee may elect.
Appears in 1 contract
Samples: Assignment and Security Agreement (Wells Real Estate Investment Trust Inc)
Mortgagee as Purchaser. Mortgagee shall have the right to become the purchaser at any sale held by Mortgagee or by any receiver or public officer or at any public sale, and Mortgagee shall have the right to credit upon the amount of Mortgagee’s successful bid, to the extent necessary to satisfy such bid, all or any part of the Secured Indebtedness in such manner and order as Mortgagee may elect.
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Mortgagee as Purchaser. Mortgagee shall have the right to become the purchaser at any sale held by Mortgagee in foreclosure of the liens or by any receiver security interests created or public officer or at any public saleevidenced hereby, and Mortgagee shall have the right to credit upon the amount of Mortgagee’s successful bidthe bid made therefor, to the extent necessary to satisfy such bid, all or any part of the Secured Indebtedness in such manner and order as Mortgagee may electsecured obligations owing to Mortgagee.
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