Foreclose. Foreclose upon the Collateral in satisfaction of the Obligations. The Secured Party may designate any part of the Obligations to be satisfied by the foreclosure of particular Collateral which the Secured Party considers to have a net realizable value approximating the amount of the designated part of the Obligations, in which case only the designated part of the Obligations shall be deemed to be satisfied by the foreclosure of the particular Collateral;
Appears in 4 contracts
Samples: Line of Credit Agreement (Lucy Scientific Discovery, Inc.), Line of Credit Agreement (Lucy Scientific Discovery, Inc.), Security Agreement (West Marine Inc)
Foreclose. Foreclose upon the Collateral in satisfaction of the Obligations. The Secured Party Parties may designate any part of the Obligations to be satisfied by the foreclosure of particular Collateral which the Secured Party considers Parties consider to have a net realizable value approximating the amount of the designated part of the Obligations, in which case only the designated part of the Obligations shall be deemed to be satisfied by the foreclosure of the particular Collateral;
Appears in 1 contract
Samples: General Security Agreement (Inpixon)
