Common use of No Actions to Impede Sale of Collateral Clause in Contracts

No Actions to Impede Sale of Collateral. The Debtor agrees, to the extent it may lawfully do so, that it will not at any time in any manner whatsoever claim or take the benefit or advantage of any appraisal, valuation, stay, extension, moratorium, turnover or redemption law, or any law permitting it to direct the order in which the Collateral shall be sold, now or at any time hereafter in force which may delay, prevent or otherwise affect the performance or enforcement of this Security Agreement, and hereby waives all benefit or advantage of all such laws. The Debtor covenants that it will not hinder, delay or impede the execution of any power granted to the Agent in this Security Agreement, any Assignment of Federal Contract or any other Credit Document.

Appears in 14 contracts

Samples: Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc)

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