Right to Purchase Collateral. Secured Parties may purchase all or any part of the Collateral at public sale or, if permitted by law, private sale, and in lieu of actual payment of such purchase price, may set off the amount of such price against the Obligations.
Appears in 2 contracts
Samples: Security Agreement (Inc Ubator Capital Inc), Security Agreement (Action Industries Inc)
Right to Purchase Collateral. Secured Parties Party may purchase all or any part of the Collateral at public sale or, if permitted by law, private sale, and in lieu of actual payment of such purchase price, may set off the amount of such price against the Obligations.
Appears in 2 contracts
Samples: Security Agreement (Protein Polymer Technologies Inc), Security Agreement (Action Industries Inc)
