Common use of Title of Purchasers Clause in Contracts

Title of Purchasers. Subject to compliance with Gaming Laws, upon consummation of any sale of Pledged Collateral pursuant to this Section 11, Collateral Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other Person, and the Grantor hereby waives (to the extent permitted by applicable Laws) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral Agent, and any Pledged Collateral so sold may be retained by Collateral Agent until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11, Collateral Agent the Lender shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other Personthe Borrower, and the Grantor Borrower hereby waives (to the extent permitted by applicable Lawslaw) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Agent the Lender shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral Agentthe Lender, and any Pledged Collateral so sold may be retained by Collateral Agent the Lender until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent The Lender shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11------------------- hereunder, Collateral the Agent on behalf of the Secured Party shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral so sold absolutely free from any claim or right on upon the part of Grantor the Pledgor that has pledged such Collateral or any other PersonPerson claiming through such Pledgor, and the Grantor each Pledgor hereby waives (to the extent permitted by applicable Lawslaws) all rights of redemption, stay and appraisal which that it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral the Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral the Agent, and any Pledged Collateral so sold may be retained by Collateral the Agent until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent The Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like noticeagain.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11------------------- hereunder, Collateral the Agent on behalf of Secured Party shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral so sold absolutely free from any claim or right on upon the part of Grantor the Pledgor that has pledged such Collateral or any other PersonPerson claiming through such Pledgor, and the Grantor each Pledgor hereby waives (to the extent permitted by applicable Lawslaws) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral the Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral the Agent, and any Pledged Collateral so sold may be retained by Collateral the Agent until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like noticeagain.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11, Collateral the Administrative Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each PLEDGE AGREEMENT such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other Personthe Company, and the Grantor Company hereby waives (to the extent permitted by applicable Lawslaw) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral the Administrative Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral the Administrative Agent, and any Pledged Collateral so sold may be retained by Collateral the Administrative Agent until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent No Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 1112, Collateral Agent Bank shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other PersonGrantor, and the Grantor hereby waives (to the extent permitted by applicable Lawslaw) all rights of redemption, stay and appraisal which it they now has have or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Agent Bank shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral AgentBank, and any Pledged Collateral so sold may be retained by Collateral Agent Bank until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent Bank shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11------------------- hereunder, Collateral the Agent on behalf of Secured Party shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral so sold absolutely free from any claim or right on upon the part of any Grantor or any other PersonPerson claiming through any Grantor, and the each Grantor hereby waives (to the extent permitted by applicable Lawslaws) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral the Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral the Agent, and any Pledged Collateral so sold may be retained by Collateral the Agent until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like noticeagain.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11, Collateral the Administrative Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other PersonBorrower, and the Grantor Borrower hereby waives (to the extent permitted by applicable Lawslaw) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral the Administrative Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral the Administrative Agent, and any Pledged Collateral so sold may be retained by Collateral the Administrative Agent until the sale price is paid in full by the purchaser or purchasers thereof. Collateral The Administrative Agent shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11, Collateral the Administrative Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other Personthe Pledgor, and the Grantor Pledgor hereby waives (to the extent permitted by applicable Lawslaw) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral the Administrative Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral the Administrative Agent, and any Pledged Collateral so sold may be retained by Collateral the Administrative Agent until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent No Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11, Collateral the Administrative Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other Personthe Company, and the Grantor Company hereby waives (to the extent permitted by applicable Lawslaw) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral the Administrative Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral the Administrative Agent, and any Pledged Collateral so sold may be retained by Collateral the Administrative Agent until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent No Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Lawsapplicable requirements of Law, upon consummation of any sale of Pledged Collateral pursuant to this Section 1112, Collateral Agent Secured Party shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other PersonGrantor, and the each Grantor hereby waives (to the extent permitted by applicable LawsLaw) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Agent Secured Party shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral AgentSecured Party, and any Pledged Collateral so sold may be retained by Collateral Agent Secured Party until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant hereunder, the Agent shall, subject to this Section 11the terms of the Subordination Agreement, Collateral Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral so sold absolutely free from any claim or right on upon the part of any Grantor or any other PersonPerson claiming through any Grantor, and the each Grantor hereby waives (to the extent permitted by applicable Lawslaws) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral hereunder is made on credit or for future delivery, Collateral the Agent shall not be required to apply any portion of the sale price to the Secured Obligations Notes until such amount actually is received by Collateral the Agent, and and, subject only to the terms of the Subordination Agreement, any Pledged Collateral so sold may be retained by Collateral the Agent until the sale price is paid in full by the purchaser or purchasers thereof. Collateral thereof The Agent shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like noticeagain.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11, the Collateral Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other Personthe Grantor, and the Grantor hereby waives (to the extent permitted by applicable Laws) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, the Collateral Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by the Collateral Agent, and any Pledged Collateral so sold may be retained by the Collateral Agent until the sale price is paid in full by the purchaser or purchasers thereof. The Collateral Agent shall not incur any no liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in the case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 1112, Collateral Administrative Agent on behalf of Administrative Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other PersonGrantors, and the each Grantor hereby waives (to the extent permitted by applicable Lawslaw) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Administrative Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral Administrative Agent, and any Pledged Collateral so sold may be retained by Collateral Administrative Agent until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Administrative Agent shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon consummation of any sale of Pledged Collateral pursuant to this Section 1112, Collateral Administrative Agent on behalf of Secured Party shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other PersonGrantors, and the each Grantor hereby waives (to the extent permitted by applicable LawsLaw) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Agent Secured Party shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral AgentSecured Party, and any Pledged Collateral so sold may be retained by Collateral Agent Secured Party until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon consummation of any sale of Pledged Collateral pursuant to this Section 11, Collateral Agent shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor Grantors or any other Person, and the each Grantor hereby waives (to the extent permitted by applicable Laws) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Agent shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral Agent, and any Pledged Collateral so sold may be retained by Collateral Agent until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11, Collateral Agent the Secured Party shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other Personthe Pledgor, and the Grantor Pledgor hereby waives (to the extent permitted by applicable Lawslaw) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Agent the Secured Party shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral Agentthe Secured Party, and any Pledged Collateral so sold may be retained by Collateral Agent the Secured Party until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent The Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Lawsapplicable requirements of Law, upon consummation of any sale of Pledged Collateral pursuant to this Section 11SECTION 12, Collateral Agent Secured Party shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other PersonGrantor, and the Grantor hereby waives (to the extent permitted by applicable LawsLaw) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Agent Secured Party shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral AgentSecured Party, and any Pledged Collateral so sold may be retained by Collateral Agent Secured Party until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11Section, Collateral Agent Secured Party shall have the right to assign, transfer transfer, and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other PersonGrantor, and the Grantor hereby waives (to the extent permitted by applicable Lawslaws) all rights of redemption, stay stay, and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted, provided that any purchaser of the Pledged Collateral shall take such Pledged Collateral subject to limitations set forth in Section 2(D). If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Agent Secured Party shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral AgentSecured Party, and any Pledged Collateral so sold may be retained by Collateral Agent Secured Party until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged ------------------- Collateral pursuant to this Section 1112, Collateral Administrative Agent on behalf of ---------- Secured Party shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other PersonGrantor, and the Grantor hereby waives (to the extent permitted by applicable LawsLaw) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Agent Secured Party shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral AgentSecured Party, and any Pledged Collateral so sold may be retained by Collateral Agent Secured Party until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent Secured Party shall not incur any liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in case of any such failure, the Pledged Collateral may be sold again upon like notice.

Title of Purchasers. Subject to compliance with Gaming Laws, upon Upon consummation of any sale of Pledged Collateral pursuant to this Section 11, Collateral Agent the Secured Party shall have the right to assign, transfer and deliver to the purchaser or purchasers thereof the Pledged Collateral so sold. Each such purchaser at any such sale shall hold the Pledged Collateral sold absolutely free from any claim or right on the part of Grantor or any other Personthe Grantor, and the Grantor hereby waives (to the extent permitted by applicable Laws) all rights of redemption, stay and appraisal which it now has or may at any time in the future have under any rule of Law law or statute now existing or hereafter enacted. If the sale of all or any part of the Pledged Collateral is made on credit or for future delivery, Collateral Agent the Secured Party shall not be required to apply any portion of the sale price to the Secured Obligations until such amount actually is received by Collateral Agentthe Secured Party, and any Pledged Collateral so sold may be retained by Collateral Agent the Secured Party until the sale price is paid in full by the purchaser or purchasers thereof. Collateral Agent The Secured Party shall not incur any no liability in case any such purchaser or purchasers shall fail to pay for the Pledged Collateral so sold, and, in the case of any such failure, the Pledged Collateral may be sold again upon like notice.