Common use of RIGHT TO BID AT FORECLOSURE SALE Clause in Contracts

RIGHT TO BID AT FORECLOSURE SALE. In the event of foreclosure of a Financing Encumbrance, Irvine shall be entitled to bid at such sale on the same terms as, and without any priority or preference over, any other third person bidder. --------------------------- *** CONFIDENTIAL TREATMENT REQUESTED

Appears in 2 contracts

Samples: Lease Agreement (Firstworld Communications Inc), Lease Agreement (Firstworld Communications Inc)

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RIGHT TO BID AT FORECLOSURE SALE. In the event of foreclosure of a Financing Encumbrance, Irvine shall be entitled to bid at such sale on the same terms as, and without any priority or preference over, any other third person bidder. --------------------------- *** CONFIDENTIAL TREATMENT REQUESTED.

Appears in 2 contracts

Samples: Telecommunications System License Agreement (Firstworld Communications Inc), Telecommunications System License Agreement (Firstworld Communications Inc)

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