Valuation and Sale of Asset Sample Clauses

Valuation and Sale of Asset. Valuation and sale of asset repossessed by RCFL shall be carried out as per laid down process and in a fair and transparent manner. Valuation of asset shall be done by authorized valuer/s appointed by RCFL. Giving notice before taking possession of the assets shall not be construed as notice for sale. 7 days prior presale notice shall be sent to be borrower as a final chance for repayment of entire loan. Thereafter, RCFL shall arrange for the sale of the asset/s in such manner as deemed fit by RCFL. The sale of the asset shall be done by RCFL at its own discretion, either through online auction or through private auction or through public auction without any further notice or intimation to the Borrower.
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Valuation and Sale of Asset. Valuation and transfer of Asset: repossessed by RCFL shall be carried out as per laid down process and in affair and transparent manner. Valuation of asset shall be done by authorized valuer/s appointed by RCFL. Giving notice before taking possession of the Asset shall not be construed as notice for sale/ transfer a 7 (seven) days prior presale notice shall be sent to be Borrower as a final chance for Repayment of entire Loan. Thereafter, RCFL shall arrange for the sale/transfer/release of the Asset/s in such manner as deemed fit by RCFL. RCFL shall be entitled at its own discretion to conduct the sale/transfer [including without intervention of court/tribunal],either through online/ other auction or through private treaty or through public auction or by/through any other mode/method without any further notice or intimation to the Borrower. However, no pre-sale notice may be given in case of the any of the Specified Events.
Sample 1
Valuation and Sale of Asset. Valuation and Sale of Asset: Valuation and sale of asset repossessed by RCL shall be carried out as per laid down process and in a fair and transparent manner. Valuation of asset shall be done by authorized valuer/s appointed by RCL. Giving notice before taking possession of the assets shall not be construed as notice for sale. 7 days prior presale notice shall be sent to be borrower as a final chance for repayment of entire loan. Thereafter, RCL shall arrange for the sale of the asset/s in such manner as deemed fit by RCL. The sale of the asset shall be done by RCL at its own discretion, either through online auction or through private auction or through public auction without any further notice or intimation to the Borrower.
Sample 1

Related to Valuation and Sale of Asset

  • Purchase and Sale of Assets (a) Upon and subject to the terms and conditions of this Agreement, the Buyer shall purchase from the Seller, and the Seller shall sell, transfer, convey, assign and deliver to the Buyer, at the Closing, for the consideration specified below in this Article I, all right, title and interest in, to and under the Acquired Assets.

  • Sale of Assets The Company or the Bank sells to a third party all or substantially all of its assets.

  • Purchase and Sale of Property Subject to and in accordance with the ----------------------------- terms and provisions of this Agreement, Seller hereby agrees to sell to Purchaser and Purchaser hereby agrees to purchase from Seller, the Property, which term "Property" shall mean and include the following:

  • Purchase of Assets 11 3.1 Assets Purchased by Assuming Institution 11

  • Liquidation of Assets We have the right to liquidate assets in your Xxxx XXX if necessary to make distributions or to pay fees, expenses, taxes, penalties, or surrender charges properly chargeable against your Xxxx XXX. If you fail to direct us as to which assets to liquidate, we will decide, in our complete and sole discretion, and you agree to not hold us liable for any adverse consequences that result from our decision.

  • Distribution of Assets In case the Company shall declare or make any distribution of its assets (including cash) to holders of Common Stock as a partial liquidating dividend, by way of return of capital or otherwise, then, after the date of record for determining shareholders entitled to such distribution, but prior to the date of distribution, the holder of this Warrant shall be entitled upon exercise of this Warrant for the purchase of any or all of the shares of Common Stock subject hereto, to receive the amount of such assets which would have been payable to the holder had such holder been the holder of such shares of Common Stock on the record date for the determination of shareholders entitled to such distribution.

  • Disposition of Assets To sell, exchange, lend, pledge, mortgage, hypothecate, write options on and lease any or all of the assets of the Trust;

  • Purchase and Sale of Shares 2.1.1. Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, Seller shall sell, transfer and deliver to Buyer, free and clear of all Liens (other than Liens under the Securities Act and any other applicable state or foreign securities Laws), and Buyer shall purchase from Seller, all right, title and interest in and to the Shares.

  • REVERSION OF ASSETS (a) Upon expiration of the term of this Agreement, or upon any prior termination, Subrecipient shall transfer to City any funds provided hereunder which are on hand at the time of expiration or termination.

  • Purchase and Sale of the Shares Upon the terms and subject to the conditions of this Agreement, at the Closing, the Seller shall sell to the Purchaser, and the Purchaser shall purchase from the Seller, the Shares.

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