Certain Rights and Obligations Upon any Sales of Assigned Collateral Sample Clauses

Certain Rights and Obligations Upon any Sales of Assigned Collateral. Upon any sale of any of the Assigned Collateral directly by the Series 1997-1 Collateral Agent or the Master Collateral Agent, whether made under the power of sale given under Section 4.03(b) or 6.02 hereof, under the Master Collateral Agency Agreement, or under judgment, order or decree in any judicial proceeding for the foreclosure or involving the enforcement of this Series 1997-1 Collateral Agreement or the Master Collateral Agency Agreement: (i) the Series 1997-1 Collateral Agent, any Series 1997-1 Liquidity Lender and/or any of the Series 1997-1 Support Letter of Credit Providers may bid for and purchase the property being sold, and upon compliance with the terms of sale may hold, retain and possess and dispose of such property in its own absolute right without further accountability; (ii) the Series 1997-1 Collateral Agent or the Master Collateral Agent pursuant to the Master Collateral Agency Agreement may make and deliver to the purchaser or purchasers a good and sufficient deed, bill xx sale and instrument of assignment and transfer of the property sold; (iii) the Series 1997-1 Collateral Agent is hereby irrevocably appointed the true and lawful attorney-in-fact of RFC in its name and stead, to make all necessary deeds, bills of sale, releases and instruments of assignment and transfer of the property thus sold and for such other purposes as are necessary or desirable to effectuate the provisions (including, without limitation, this Section 6.03) of this Series 1997-1 Collateral Agreement, and for that purpose it may execute and deliver all necessary deeds, bills of sale, releases and instruments of assignment and transfer, and may substitute one or more Persons with like power (including the Master Collateral Agent), RFC hereby ratifying and confirming all that its said attorney, or such substitute or substitutes, shall lawfully do by virtue hereof; but if so requested by the Series 1997-1 Collateral Agent or by any purchaser, RFC shall ratify and confirm any such sale or transfer by executing and delivering to the Series 1997-1 Collateral Agent or to such purchaser all property, deeds, bills of sale, instruments of assignment and transfer and releases as may be designated in any such request; (iv) all right, title, interest, claim and demand whatsoever, either at law or in equity or otherwise, of RFC in and to the property so sold shall be divested; and such sale shall be a perpetual bar both at law and in equity against RFC, its successors and...
Sample 1
AutoNDA by SimpleDocs

Related to Certain Rights and Obligations Upon any Sales of Assigned Collateral

  • Rights and Obligations Upon Termination (a) In the event of Employer’s termination of the Term (and Executive’s employment) pursuant to Section 5.3 (which, for the avoidance of doubt, is a termination Without Cause), Employer shall pay Executive:

  • Transfer of Rights and Obligations 12.1 Lender has the right to transfer all or part of the right in this contract to a third party, the transferring actions do not need to acquire the consent of the borrower. If without the consent of the lender in writing, the borrower cannot transfer any right and obligations in this contract to a third party.

  • Assignment of Rights and Obligations (a) Without Owners’ prior written consent, Managing Agent shall not sell, transfer, assign or otherwise dispose of or mortgage, hypothecate or otherwise encumber or permit or suffer any encumbrance of all or any part of its rights and obligations hereunder, and any transfer, encumbrance or other disposition of an interest herein made or attempted in violation of this paragraph shall be void and ineffective, and shall not be binding upon Owners. Notwithstanding the foregoing, Managing Agent may assign its rights and delegate its obligations under this Agreement to any subsidiary of Parent so long as such subsidiary is then and remains Controlled by Parent.

  • Survival of Rights and Obligations All rights and obligations of Employee or the Company arising during the term of this Agreement shall continue to have full force and effect after the termination of this Agreement unless otherwise provided herein.

  • Payments on Termination and Survival of Certain Rights and Obligations Payments to the Advisor pursuant to this Section 13.03 shall be subject to the 2%/25% Guidelines to the extent applicable.

  • Continuing Rights and Obligations After the satisfaction and discharge of this Indenture, this Indenture will continue for (i) rights of registration of transfer and exchange, (ii) replacement of mutilated, destroyed, lost or stolen Notes, (iii) the rights of the Noteholders to receive payments of principal of and interest on the Notes, (iv) the obligations of the Indenture Trustee and any Note Paying Agent under Section 3.3, (v) the rights, obligations and immunities of the Indenture Trustee under this Indenture and (vi) the rights of the Secured Parties as beneficiaries of this Indenture in the property deposited with the Indenture Trustee payable to them for a period of two years after the satisfaction and discharge.

  • Rights and Obligations on Termination In the event of termination of this Agreement for any reason, the parties shall have the following rights and obligations:

  • Rights and Obligations Survive Exercise of Warrant Unless otherwise provided herein, the rights and obligations of the Company, of the holder of this Warrant and of the holder of the Shares issued upon exercise of this Warrant, shall survive the exercise of this Warrant.

  • Rights and Obligations Survive Exercise of the Warrant Except as otherwise provided herein, the rights and obligations of the Company and the Holder under this Warrant shall survive exercise of this Warrant.

  • Absolute Rights and Obligations This is a guaranty of payment and not of collection. The Guarantors’ Obligations under this Guaranty Agreement shall be joint and several, absolute and unconditional irrespective of, and each Guarantor hereby expressly waives, to the extent permitted by law, any defense to its obligations under this Guaranty Agreement and all Security Instruments to which it is a party by reason of:

Time is Money Join Law Insider Premium to draft better contracts faster.