Notice of Disposition of Collateral and Disclaimer of Warranties. It is mutually agreed that commercial reasonableness and good faith require the Administration to give the Borrower no more than 5 days prior written notice of the time and place of any public disposition of Collateral or of the time after which any private disposition or any other intended disposition is to be made. It is mutually agreed that it is commercially reasonable for the Administration to disclaim all warranties which arise with respect to the disposition of the Collateral.
Appears in 6 contracts
Samples: Security Agreement, Security Agreement, Security Agreement
Notice of Disposition of Collateral and Disclaimer of Warranties. It is mutually agreed that commercial reasonableness and good faith require the Administration Lender to give the Borrower no more than 5 ten (10) days prior written notice of the time and place of any public disposition of Collateral or of the time after which any private disposition or any other intended disposition is to be made. It is mutually agreed that it is commercially reasonable for the Administration Lender to disclaim all warranties which that arise with respect to the disposition of the Collateral.
Appears in 2 contracts
Samples: General Business Security Agreement, General Business Security Agreement (Cancer Genetics, Inc)
Notice of Disposition of Collateral and Disclaimer of Warranties. It is mutually agreed that commercial reasonableness and good faith require the Administration Creditor to give the Borrower Debtor no more than 5 days prior written notice of the time and place of any public disposition of Collateral or of the time after which any private disposition or any other intended disposition is to be made. It is mutually agreed that it is commercially reasonable for the Administration Creditor to disclaim all warranties which arise with respect to the disposition of the Collateral.
Appears in 1 contract
