Common use of Standards for Determining Commercial Reasonableness Clause in Contracts

Standards for Determining Commercial Reasonableness. Borrower and Silicon agree that a sale or other disposition (collectively, "sale") of any Collateral which complies with the following standards will conclusively be deemed to be commercially reasonable: (i) Notice of the sale is given to Borrower at least ten days prior to the sale, and, in the case of a public sale, notice of the sale is published at least * days prior before the sale; (iii) The sale is conducted at a place designated by Silicon, with or without the Collateral being present; (iv) The sale commences at any time between 8:00 a.m. and 6:00 p.m.; (v) Payment of the purchase price in cash or by cashier's check or wire transfer is required; (vi) With respect to any sale of any of the Collateral, Silicon may (but is not obligated to) direct any prospective SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT -------------------------------------------------------------------------------- purchaser to ascertain directly from Borrower any and all information concerning the same. Silicon shall be free to employ other methods of noticing and selling the Collateral, in its discretion, if they are commercially reasonable.

Standards for Determining Commercial Reasonableness. Borrower and Silicon agree that a sale or other disposition (collectively, "sale") of any Collateral which complies with the following standards Silicon Valley Bank Loan and Security Agreement --------------------------------------------------------------------------- will conclusively be deemed to be commercially reasonable: : (i) Notice of the sale is given to Borrower at least ten seven days prior to the sale, and, in the case of a public sale, notice of the sale is published at least * seven days prior before the salesale in a newspaper of general circulation in the county where the sale is to be conducted; (ii) Notice of the sale describes the collateral in general, non-specific terms; (iii) The sale is conducted at a place designated by Silicon, with or without the Collateral being present; (iv) The sale commences at any time between 8:00 a.m. and 6:00 p.m.p.m; (v) Payment of the purchase price in cash or by cashier's check or wire transfer is required; (vi) With respect to any sale of any of the Collateral, Silicon may (but is not obligated to) direct any prospective SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT -------------------------------------------------------------------------------- purchaser to ascertain directly from Borrower any and all information concerning the same. Silicon shall be free to employ other methods of noticing and selling the Collateral, in its discretion, if they are commercially reasonable.

Standards for Determining Commercial Reasonableness. Borrower and Silicon agree that a sale or other disposition (collectively, "sale") of any Collateral which complies with the following standards will conclusively conclu- Silicon Valley Bank Loan and Security Agreement ---------------------------------------------------------------------- sively be deemed to be commercially reasonable: : (i) Notice of the sale is given to Borrower at least ten seven days prior to the sale, and, in the case of a public sale, notice of the sale is published at least * seven days prior before the salesale in a newspaper of general circulation in the county where the sale is to be conducted; (ii) Notice of the sale describes the collateral in general, non-specific terms; (iii) The sale is conducted at a place designated by Silicon, with or without the Collateral being present; (iv) The sale commences at any time between 8:00 a.m. and 6:00 p.m.; (v) Payment of the purchase price in cash or by cashier's check or wire transfer is required; (vi) With respect to any sale of any of the Collateral, Silicon may (but is not obligated to) direct any prospective SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT -------------------------------------------------------------------------------- purchaser to ascertain directly from Borrower any and all a11 information concerning the same. Silicon shall be free to employ other methods of noticing and selling the Collateral, in its discretion, if they are commercially reasonable.

Standards for Determining Commercial Reasonableness. Borrower and Silicon agree that a sale or other disposition (collectively, "sale") of any Collateral which complies with the following standards will conclusively be deemed to be commercially reasonable: : (i) Notice of the sale is given to Borrower at least ten 10 days prior to the sale, and, in the case of a public sale, notice of the sale is published at least * 10 days prior before the sale; (iiiii) The sale is conducted at a place designated by Silicon, with or without the Collateral being present; (iviii) The sale commences at any time between 8:00 a.m. and 6:00 p.m.p.m; (viv) Payment of the purchase price in cash or by cashier's check or wire transfer is required; (viv) With respect to any sale of any of the Collateral, Silicon may (but is not obligated to) direct any prospective SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT -------------------------------------------------------------------------------- purchaser to ascertain directly from Borrower any and all information concerning the same. Silicon shall be free to employ other methods of noticing and selling the SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT ----------------------------------------------------------------------- Collateral, in its discretion, if they are commercially reasonable.

Standards for Determining Commercial Reasonableness. The Borrower and Silicon agree that a sale or other disposition (collectively, "sale") of any Collateral which complies with the following standards will conclusively be deemed to be commercially reasonable:Silicon Valley Bank Loan and Security Agreement ____________________________________________________________ (i) Notice of the sale is given to the Borrower at least ten seven days prior to the sale, and, in the case of a public sale, notice of the sale is published at least * seven days prior before the salesale in a newspaper of general circulation in the county where the sale is to be conducted; (ii) Notice of the sale describes the collateral in general, non-specific terms; (iii) The sale is conducted at a place designated by Silicon, with or without the Collateral being present; (iv) The sale commences at any time between 8:00 a.m. and 6:00 p.m.p.m; (v) Payment of the purchase price in cash or by cashier's check or wire transfer is required; (vi) With respect to any sale of any of the Collateral, Silicon may (but is not obligated to) direct any prospective SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT -------------------------------------------------------------------------------- purchaser to ascertain directly from the Borrower any and all information concerning the same. Silicon shall be free to may employ other methods of noticing and selling the Collateral, in its discretion, if they are commercially reasonable.