General Sale Provisions. In furtherance of the foregoing, upon the happening of any Event of Default, without limiting the generality of this Section, the Collateral Agent, without demand of performance or other demand, presentment, protest, advertisement or notice of any kind (except any notice required by law referred to below) to or upon the Borrower or any other Person (all and each of which demands, defenses, advertisements and notices are hereby waived), may in such circumstances, and in its sole discretion, forthwith request that the Bond Trustees record and effect a transfer of ownership of the Bonds to the Collateral Agent and collect, receive, appropriate and realize upon the Bonds and the other Bond Collateral, or any part thereof, and/or may forthwith sell, assign, give an option or options to purchase or otherwise dispose of and deliver the Bond Collateral or any part thereof (or contract to do any of the foregoing), in one or more parcels at public or private sale or sales, in the over-the-counter market, at any exchange, broker’s board or office of the Collateral Agent or elsewhere upon such terms and conditions as it may deem advisable and at such prices as it may deem best, for cash or on credit or for future delivery without assumption of any credit risk. The Collateral Agent or Lender shall have the right upon any such public sale or sales, and, to the extent permitted by law, upon any such private sale or sales, to bid for the purchase of the whole or any part of the Bond Collateral so sold, free of any right or equity of redemption in the Borrower, which right or equity of redemption is hereby waived or released to extent permitted by applicable law. The Borrower agrees that, to the extent notice of sale shall be required by law and has not been waived by the Borrower, any requirement of reasonable notice shall be met if notice, specifying the place of any public sale or the time after which any private sale is to be made, is personally served on or mailed, postage prepaid, to the Borrower, in accordance with the notice provisions of this Agreement at least 10 Business Days before the time of such sale. The Collateral Agent shall not be obligated to make any sale of Bond Collateral regardless of notice of sale having been given. The Collateral Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned.
General Sale Provisions. 9.1 Except as may otherwise be provided in this Agreement, or unless specifically waived in writing by the selling Shareholder, the provisions of this Article shall apply to any sale of the Shares notwithstanding anything herein or in any agreement referred to in Articles 4, 5, 6 and 7 to the contrary. Unless otherwise specified, the place of the closing will be the registered office of the Company and the time of closing will be 2:00 p.m. local time.
General Sale Provisions. 34 6.1 Application of Provisions......................................................................................................... 34 6.2 Obligations of Vendor.............................................................................................................. 34 6.3 Deliveries to Vendor................................................................................................................ 35 6.4 Repayment of Debts................................................................................................................. 35 6.5 Non-Completion by Vendor..................................................................................................... 35 6.6 Agreement Binding on Transferees............................................................................................ 36 6.7 Consents.................................................................................................................................. 36
General Sale Provisions
