Common use of Sale in Parcels Clause in Contracts

Sale in Parcels. In the event of a foreclosure of this Mortgage or upon any sale under this Mortgage pursuant to judicial proceedings or otherwise, the Property may, to the extent permitted by law, be sold in one parcel and as an entirety or in such parcels, manner or order as Mortgagee in its sole discretion may select.

Appears in 2 contracts

Samples: Mortgage, Security Agreement, and Assignment of Leases and Rents (SLM International Inc /De), Mortgage, Security Agreement, and Assignment of Leases and Rents (SLM International Inc /De)

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Sale in Parcels. In the event of a foreclosure of this Mortgage or upon ---------------- any sale under this Mortgage pursuant to judicial proceedings or otherwise, the Property may, to the extent permitted by law, may be sold in one parcel and as an entirety or in such parcels, manner or order as Mortgagee in its sole discretion may select.

Appears in 1 contract

Samples: Mortgage, Security Agreement, Fixture Filing and Assignment of Leases and Rents (Technology Flavors & Fragrances Inc)

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Sale in Parcels. In the event of a foreclosure of this Mortgage or upon any sale under this Mortgage pursuant to judicial proceedings or otherwise, the Property may, to the extent permitted by law, may be sold in one parcel and as an entirety or in such parcels, manner or order as Mortgagee in its sole discretion may select.

Appears in 1 contract

Samples: Mortgage Deed, Security Agreement, and Assignment of Leases and Rents (Sun Television & Appliances Inc)

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