Common use of Sales of Personal Property Clause in Contracts

Sales of Personal Property. (A) For purposes of the power of sale herein granted, Beneficiary may elect to treat as personal property any Property which is intangible or which can be severed from the Land or Improvements without causing structural damage. If Beneficiary chooses to do so, Beneficiary may dispose of any personal property separately from the sale of real property, in any manner permitted by or under the NRS, including any public or private sale, or in any manner permitted by any other applicable law.

Appears in 3 contracts

Samples: Eldorado Resorts LLC, Eldorado Resorts LLC, Agreement (Players International Inc /Nv/)

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Sales of Personal Property. (A) For purposes of the this power of sale herein grantedsale, Beneficiary may elect to treat as personal property any Property which is intangible or which can be severed from the Land or Improvements without causing structural damage. If Beneficiary it chooses to do so, Beneficiary may dispose of any personal property separately from the sale of real property, in any manner permitted by or under the NRSUniform Commercial Code, including any public or private sale, or in any manner permitted by any other applicable law. Any proceeds of any such disposition shall not cure any Event of Default or reinstate any Secured Obligation.

Appears in 1 contract

Samples: legistarweb-production.s3.amazonaws.com

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Sales of Personal Property. (A) For purposes of the this power of sale herein grantedsale, Beneficiary may elect to treat as personal property any Property which is intangible or which can be severed from the Land or Improvements without causing structural damage. If Beneficiary it chooses to do so, Beneficiary may dispose of any personal property separately from the sale of real property, in any manner permitted by or under the NRS, including any public or private sale, or in any manner permitted by any other applicable law.

Appears in 1 contract

Samples: Coast Hotels & Casinos Inc

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