Common use of Purchase of Collateral Clause in Contracts

Purchase of Collateral. Secured Party, so far as may be lawful, may purchase all or any part of the Collateral offered at any public or private sale made in the enforcement of Secured Party’s rights and remedies under this Agreement.

Appears in 2 contracts

Samples: Security Agreement (Skye International, Inc), Security Agreement (Skye International, Inc)

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Purchase of Collateral. The Secured Party, so far as Party or any other Secured Party may be lawfula purchaser of the Collateral or any part thereof or any right or interest therein at any sale thereof, whether pursuant to foreclosure, power of sale or otherwise hereunder and the Secured Party may apply the purchase price to the payment of the applicable Secured Obligations. Any purchaser of all or any part of the Collateral offered at shall, upon any public or private sale made in such purchase, acquire good title to the enforcement Collateral so purchased, free of Secured Party’s rights and remedies under the Liens created by this Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Global Clean Energy Holdings, Inc.)

Purchase of Collateral. Secured Party, so far as may be lawful, may purchase all or any part of the Collateral offered at any public or private sale made in the enforcement of Secured Party’s 's rights and remedies under this Agreementhereunder.

Appears in 1 contract

Samples: Security Agreement (Onesource Technologies Inc)

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Purchase of Collateral. Secured PartyParties, so far as may be lawful, may purchase all or any part of the Collateral offered at any public or private sale made in the enforcement of Secured Party’s Parties’ rights and remedies under this Agreement.

Appears in 1 contract

Samples: Short Term Loan Agreement (Skye International, Inc)

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