Common use of Rights as a Secured Creditor Clause in Contracts

Rights as a Secured Creditor. The Lender may exercise all of the rights and remedies of a secured party under the Uniform Commercial Code and under any other Applicable Law, including, without limitation, the right, without notice except as specified below and with or without taking possession thereof, to sell the Collateral or any part thereof in one or more parcels at public or private sale at any location chosen by the Lender, for cash, on credit or for future delivery, and at such price or prices and upon such other terms as the Lender may deem commercially reasonable. The Company agrees that, to the extent notice of sale shall be required by law, at least ten (10) days' notice to the Company of the time and place of any public sale or the time after which any private sale is to be made shall constitute reasonable notification, but notice given in any other reasonable manner or at any other reasonable time shall constitute reasonable notification. The Lender shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. The Lender may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. The Lender may bid all or any portion of the Obligations at any such sale.

Rights as a Secured Creditor. The Lender Secured Party may exercise all of ---------------------------- the rights and remedies of a secured party under the Uniform Commercial Code and under any other Applicable Law, including, without limitation, the right, without notice except as specified below and with or without taking possession thereof, to sell the Collateral or any part thereof in one or more parcels at public or private sale at any location chosen by the LenderSecured Party, for cash, on credit or for future delivery, and at such price or prices and upon such other terms as the Lender Secured Party may deem commercially reasonable. The Company Debtor agrees that, to the extent notice of sale shall be required by lawApplicable Law, at least ten (10) days' prior notice to the Company Debtor of the time and place of any public sale or the time after which any private sale is to be made shall constitute reasonable notification, but notice given in any other reasonable manner or at any other reasonable time shall constitute reasonable notification. The Lender Secured Party shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. The Lender Secured Party may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. The Lender may bid all or any portion of the Obligations at any such sale.

Rights as a Secured Creditor. The Lender may exercise all of the ---------------------------- rights and remedies of a secured party under the Uniform Commercial Code and under any other Applicable LawLaw with respect to all or any portion of the Collateral, including, without limitationincluding but not limited to, the right, without notice except as specified below and with or without taking possession thereof, to sell the Collateral or any part thereof in one or more parcels at public or private sale at any location chosen by the Lender, for cash, on credit or for future delivery, and at such price or prices and upon such other terms as the Lender may deem commercially reasonable. The Company agrees Borrowers agree that, to the extent notice of sale shall be required by law, at least ten (10) days' notice to the Company Borrowers of the time and place of any public sale or the time after which any private sale is to be made shall constitute reasonable notification, but notice given in any other reasonable manner or at any other reasonable time shall constitute reasonable notification. The Lender shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. The Lender may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. The Lender may bid all or any portion of the Obligations at any such sale.

Rights as a Secured Creditor. The Lender Secured Party may exercise all of the rights and remedies of a secured party under the Uniform Commercial Code and under any other Applicable M-6 163 Law, including, without limitation, the right, without notice except as specified below and with or without taking possession thereof, to sell the Collateral or any part thereof in one or more parcels at public or private sale at any location chosen by the LenderSecured Party, for cash, on credit or for future delivery, and at such price or prices and upon such other terms as the Lender Secured Party may deem commercially reasonable. The Company Each Debtor agrees that, to the extent notice of sale shall be required by law, at least ten (10) days' notice to the Company such Debtor of the time and place of any public sale or the time after which any private sale is to be made shall constitute reasonable notification, but notice given in any other reasonable manner or at any other reasonable time shall constitute reasonable notification. The Lender Secured Party shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. The Lender Secured Party may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. The Lender Secured Party may bid all or any portion of the Obligations at any such sale.

Rights as a Secured Creditor. The Lender may exercise all of the rights and remedies of a secured party under the Uniform Commercial Code and under any other Applicable Law, including, without limitation, the right, without notice except as specified below and with or without taking possession thereof, to sell the Collateral or any part thereof in one or more parcels at public or private sale at any location chosen by the Lender, for cash, on credit or for future delivery, and at such price or prices and upon such other terms as the Lender may deem commercially reasonable. The Company Debtor agrees that, to the extent notice of sale shall be required by law, at least ten (10) days' notice to the Company Debtor of the time and place of any public sale or the time after which any private sale is to be made shall constitute reasonable notification, but notice given in any other reasonable manner or at any other reasonable time shall constitute reasonable notification. The Lender shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. The Lender may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. The Lender may bid all or any portion of the Obligations at any such sale.