Common use of Purchase by Lender Clause in Contracts

Purchase by Lender. Upon any foreclosure sale or sales of all or any portion of the Premises under the power herein granted, Lender may bid for and purchase the Premises and shall be entitled to apply all or any part of the Indebtedness as a credit to the purchase price.

Appears in 3 contracts

Samples: Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc), Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc), Deed to Secure Debt and Security Agreement (Adcare Health Systems Inc)

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Purchase by Lender. Upon any foreclosure sale or sales of all or any portion of the Premises under the power herein granted, Lender may bid for and purchase the Premises at such sale or sales and shall be entitled to apply all or any part of the Indebtedness as a credit to the purchase price.

Appears in 1 contract

Samples: Deed to Secure Debt and Security Agreement (Roberts Realty Investors Inc)

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Purchase by Lender. Upon any foreclosure sale sale, either judicially or sales by private power of all or any portion of the Premises under the power herein grantedsale, Lender may bid for and purchase the Premises and shall be entitled to apply all or any part of the Indebtedness Combined Obligations as a credit to the purchase price.

Appears in 1 contract

Samples: Master Mortgage, Deed to Secure Debt, and Deed of Trust (Americold Corp /Or/)

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