Common use of Beneficiary as Purchaser Clause in Contracts

Beneficiary as Purchaser. The Beneficiary will have the right to become the purchaser at any foreclosure sale, and it will have the right to credit upon the amount of the bid the amount payable to it out of the net proceeds of sale.

Beneficiary as Purchaser. The Beneficiary will shall have the right to become the purchaser at any sale held in foreclosure saleof the liens and/or security interests created or evidenced hereby, and it will Beneficiary shall have the right to credit upon the amount of the bid made therefor, to the amount payable extent necessary to it out of satisfy such bid, the net proceeds of salesecured indebtedness owing to Beneficiary.

Beneficiary as Purchaser. The Beneficiary will have the right to become the purchaser at any foreclosure sale, and it will have the right to credit upon the amount of the bid the amount payable to it out of the net proceeds of sale. Upon compliance with the terms of any sale, Beneficiary may hold, retain, possess and dispose of such property in its own absolute right without further accountability.

Beneficiary as Purchaser. The Beneficiary will have the right to become the purchaser at any foreclosure sale, and it will have the right to credit upon the amount of the bid the amount payable to it out of the net proceeds of sale. If Beneficiary is the successful bidder at such sale and upon compliance with the terms of any sale, the Beneficiary may hold, retain, possess and dispose of such property in its own absolute right without further accountability, subject to any applicable rights of redemption, if any.

Beneficiary as Purchaser. The Beneficiary will have the right ------------------------ to become the purchaser at any foreclosure sale, and it will have the right to credit upon the amount of the bid the amount payable to it out of the net proceeds of sale.