Common use of Public Sales Not Possible Clause in Contracts

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a result, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second Mezzanine) shall not be deemed to have been made in a commercially unreasonably manner by mere virtue of having been made privately.

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a result, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second Mezzanine) shall not be deemed to have been made in a commercially unreasonably unreasonable manner by mere virtue of having been made privately.

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second Third Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second Third Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a result, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second Third Mezzanine) shall not be deemed to have been made in a commercially unreasonably unreasonable manner by mere virtue of having been made privately.

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second First Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second First Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a result, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second First Mezzanine) shall not be deemed to have been made in a commercially unreasonably unreasonable manner by mere virtue of having been made privately.

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a resultIn light of these considerations, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second Mezzanine) shall not be deemed to have been made in a commercially unreasonably manner by mere virtue of having been made privately.

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second Junior Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second Junior Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a resultIn light of these considerations, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second Junior Mezzanine) shall not be deemed to have been made in a commercially unreasonably manner by mere virtue of having been made privately.

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second Third Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second Third Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a resultIn light of these considerations, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second Third Mezzanine) shall not be deemed to have been made in a commercially unreasonably manner by mere virtue of having been made privately.

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second First Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second First Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a resultIn light of these considerations, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second First Mezzanine) shall not be deemed to have been made in a commercially unreasonably manner by mere virtue of having been made privately.

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second Intermediate Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second Intermediate Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a resultIn light of these considerations, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second Intermediate Mezzanine) shall not be deemed to have been made in a commercially unreasonably manner by mere virtue of having been made privately.

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second First Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second First Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a result, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second First Mezzanine) shall not be deemed to have been made in a commercially unreasonably manner by mere virtue of having been made privately.

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second Senior Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second Senior Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a resultIn light of these considerations, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second Senior Mezzanine) shall not be deemed to have been made in a commercially unreasonably manner by mere virtue of having been made privately.

Public Sales Not Possible. Mezzanine Borrower acknowledges that the terms of the Interest Rate Cap Agreement (Second Third Mezzanine) may prohibit public sales, that the Rate Cap Collateral (Second Third Mezzanine) may not be of the type appropriately sold at public sales, and that such sales may be prohibited by law. As a result, Mezzanine Borrower agrees that private sales of the Rate Cap Collateral (Second Third Mezzanine) shall not be deemed to have been made in a commercially unreasonably manner by mere virtue of having been made privately.