Common use of Multiple Sales Clause in Contracts

Multiple Sales. Several sales of the Collateral may be made without exhausting Bank's right to such remedy for any unsatisfied part of the Secured Obligations and without exhausting the power to exercise such remedy for any other part of the Secured Obligations, whether matured at the time or subsequently maturing. If a part of the Collateral is sold, and the proceeds thereof do not fully pay and satisfy the Secured Obligations, such sale, if so made, shall not in any manner affect the unpaid and unsatisfied part of the Secured Obligations, but as to such unpaid and unsatisfied part, the Secured Obligations shall remain in full force and effect.