Separate Sales. If any Event of Default shall occur and be continuing, the Collateral may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
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Samples: Mortgage, Deed of Trust, Assignment of as Extracted Collateral, Security Agreement, Fixture Filing and Financing Statement (Sundance Energy Australia LTD), Mortgage, Deed of Trust, Assignment of as Extracted Collateral, Security Agreement, Fixture Filing and Financing Statement (Sundance Energy Australia LTD), Mortgage, Deed of Trust, Assignment of as Extracted Collateral, Security Agreement, Fixture Filing and Financing Statement (Sundance Energy Australia LTD)
Separate Sales. If any an Event of Default shall occur have occurred and be continuing, then the Collateral may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 6 contracts
Samples: Credit Agreement, Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp)
Separate Sales. If any Upon the occurrence of and during the continuance of an Event of Default shall occur and be continuingDefault, the Collateral may be sold in one or more parcels and to the extent permitted by applicable law Requirement of Law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 4 contracts
Samples: Credit Agreement (Talos Energy Inc.), Credit Agreement (Talos Energy Inc.), Credit Agreement (MBOW Four Star, L.L.C.)
Separate Sales. If any Upon the occurrence of and during the continuance of an Event of Default shall occur and be continuingDefault, the Collateral may be sold in one or more parcels and to the extent permitted by applicable law Requirements of Law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 2 contracts
Samples: Credit Agreement (Vine Resources Inc.), Credit Agreement (Vine Resources Inc.)
Separate Sales. If any Event of Default shall occur and be continuing, the The Collateral may be sold in one or more parcels and to the extent permitted by the Intercreditor Agreement and by applicable law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
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Separate Sales. If any Event of Default shall occur and be continuing, the The Collateral may be sold in one or more parcels and to the extent permitted by applicable law Applicable Law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 1 contract
Samples: Second Lien Security Agreement
Separate Sales. If any Event of Default shall occur and be continuingTo the extent allowed by applicable law, the Collateral may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as the MortgageeBeneficiary, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Trigger Event of Default shall not be exhausted by any one or more sales.
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Samples: Deed of Trust, Assignment of Rents, Security Agreement (Txu Corp /Tx/)
Separate Sales. If any Event of Default shall occur and be continuingTo the extent provided by applicable law, the Collateral may be sold in one or more parcels and to the extent permitted by applicable law law, in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
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Separate Sales. If any an Event of Default shall occur and be continuing, then to the extent provided by applicable law, the Collateral may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
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Separate Sales. If any Event of Default shall occur and be continuing, the The Collateral may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as the Mortgagee, in its their sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
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