Common use of Sell Collateral Clause in Contracts

Sell Collateral. We may sell the Collateral or any part of it in such manner as we consider expedient. We may allow time for payment of purchase money and may buy in the Collateral at auction. We can rescind or vary the terms of sale and resell without being answerable for loss or expense occasioned by the resale. We may do anything necessary to give effect to any sale.

Sell Collateral. We may sell the Collateral or any part of it in such manner as we consider expedient. We may allow time for payment pay- ment of purchase money and may buy in the Collateral at auction. We can rescind or vary the terms of sale and resell without being answerable for loss or expense occasioned by the resale. We may do anything necessary to give effect to any sale.