Collateral Acquisition and Disposition Terms Sample Clauses
Collateral Acquisition and Disposition Terms. Any transaction involving the Acquisition or sale of Collateral effected under this Agreement shall be conducted on terms no less favorable (to its knowledge) to the Borrower than terms prevailing in the market (as determined by the Services Provider in its business judgment, such judgment not to be called into questions by the occurrence of subsequent events). All sales of Collateral Obligations or any portion thereof pursuant to this Section 8.1 shall be for Cash on a non-recourse basis to the Borrower.
Collateral Acquisition and Disposition Terms. Any transaction involving the purchase or sale of Collateral effected under this Indenture shall be conducted on terms no less favorable to the Issuer than terms prevailing in the market.
Collateral Acquisition and Disposition Terms. Any transaction involving the Acquisition or sale of Collateral effected under this Agreement shall be conducted on arm’s length terms no less favorable to a Borrower Entity than terms prevailing in the market. All sales of Collateral Obligations or any portion thereof pursuant to this Section 8.1 shall be for Cash on a non-recourse basis to the relevant Borrower Entity.
Collateral Acquisition and Disposition Terms. Any transaction involving the purchase or sale of Collateral effected under this Indenture shall be conducted on terms no less favorable to the Issuer than terms prevailing in the market. All sales of Collateral Obligations or any portion thereof pursuant to this Section 12.1 shall be for Cash (or, with respect such sales to the Equity Owner or any of its Affiliates, for so long as the Borrowing Base Test will be satisfied immediately following such sale, Cash or (provided that, for the avoidance doubt, the Distribution Conditions are satisfied) non-Cash) on a non-recourse basis to the Issuer (other than recourse for breaches of customary representations and warranties, customary indemnification provisions and other customary provisions entered into in the ordinary course for such sales).