Common use of Sale of Pledged Property Clause in Contracts

Sale of Pledged Property. (a) The power to effect any sale pursuant to Section 8.03 hereof shall not be exhausted by any one or more sales as to any portion of the Pledged Property remaining unsold, but shall continue unimpaired until the entire Pledged Property securing the Notes shall have been sold or all amounts payable under this Indenture with respect thereto shall have been paid. The Indenture Trustee may from time to time postpone any sale by public announcement made at the time and place of such sale.

Appears in 4 contracts

Samples: Indenture (HPSC Inc), Indenture (First Sierra Receivables Iii Inc), Indenture (First Sierra Receivables Iii Inc)

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