Separate Sales. The Collateral may be sold in one or more parcels and in such manner and order as Trustee, in its sole and absolute discretion, may elect; and the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 3 contracts
Samples: Security Agreement (Jubilant Generics Inc.), , Security Agreement (Mission West Properties Inc), , Security Agreement (Mission West Properties Inc)
Separate Sales. The With respect to sales hereunder, the Collateral may be sold in one or more parcels and in such manner and order as TrusteeAgent, in its sole and absolute 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: Mortgage, Security Agreement (Morgans Hotel Group Co.), Security Agreement (Morgans Hotel Group Co.)
Separate Sales. The With respect to sales hereunder, the Collateral may be sold in one or more parcels and in such manner and order as TrusteeAgent, in its sole and absolute discretion, may elect [or direct Trustee to elect; ], it being expressly understood and agreed that the right of sale arising out of any Credit Agreement Event of Default shall not be exhausted by any one or more sales.
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (U-Store-It Trust)
Separate Sales. The Collateral may be sold in one or more parcels and in such manner and order as TrusteeBeneficiary, in its sole and absolute discretion, may elect; and direct Trustee so to do. A sale of less than the right whole of the Collateral or any defective or irregular sale made hereunder shall not exhaust the power of sale arising out of any Event of Default shall not provided for herein, and subsequent sales may be exhausted by any one made hereunder until all obligations secured hereby have been satisfied, or more salesthe entire Collateral sold, without defect or irregularity.
Appears in 1 contract
Samples: KBS Strategic Opportunity REIT, Inc.
Separate Sales. The Collateral may be sold in one or more parcels and in such manner and order as TrusteeAgent, in its sole and absolute discretion, may elect; and 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
Separate Sales. The With respect to sales hereunder, the Collateral may be sold in one or more parcels and in such manner and order as TrusteeAgent, in its sole and absolute discretion, may elect or direct Trustee to 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
Separate Sales. The Collateral may be sold in one or more parcels and in such manner and order as TrusteeGrantee, in its sole and absolute discretion, may elect; and 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: Mortgage, Security Agreement and Fixture Filing (GTJ REIT, Inc.)