Secured Party’s Right to Purchase. Secured Party shall have the right to bid or to become the purchaser at any sale made pursuant to the provisions of this Article V, and shall have the right to credit upon the amount of the bid made therefor the amount payable to it out of the net proceeds of such sale.
Appears in 4 contracts
Samples: Deed of Trust (Recovery Energy, Inc.), Mortgage, Security Agreement, Assignment of Production and Proceeds, Financing Statement and Fixture Filing (Recovery Energy, Inc.), Deed of Trust (Recovery Energy, Inc.)
Secured Party’s Right to Purchase. Secured Party shall have the right to bid or to become the purchaser at any sale made pursuant to the provisions of this Article ARTICLE V, and shall have the right to credit upon the amount of the bid made therefor the amount payable to it out of the net proceeds of such sale.
Appears in 3 contracts
Samples: Mortgage, Security Agreement, Assignment of Production and Proceeds, Financing Statement and Fixture Filing (Lilis Energy, Inc.), Mortgage, Security Agreement, Assignment of Production and Proceeds, Financing Statement and Fixture Filing (Recovery Energy, Inc.), Mortgage, Security Agreement, Assignment of Production and Proceeds, Financing Statement and Fixture Filing (Recovery Energy, Inc.)
Secured Party’s Right to Purchase. Secured Party shall have the right to bid or to become the purchaser at any sale made pursuant to the provisions of this Article V, and shall have the right to credit upon the amount of the bid made therefor the amount payable to it out of the net proceeds of such sale.. G.
Appears in 1 contract
Samples: Deed of Trust (Foreland Corp)
Secured Party’s Right to Purchase. Secured Party shall have the right to bid or to become the purchaser at any sale made pursuant to the provisions of this Article V5, and shall have the right to credit upon the amount of the bid made therefor the amount payable to it out of the net proceeds of such sale.
Appears in 1 contract
