Common use of Proceeds of Sale Clause in Contracts

Proceeds of Sale. The proceeds of any collection, recovery, receipt, appropriation, realization or sale of the Collateral shall be applied by the Pledgee as follows:

Appears in 98 contracts

Samples: Subordination Agreement (Deja Foods Inc), Securities Purchase Agreement (Modtech Holdings Inc), Securities Purchase Agreement (Modtech Holdings Inc)

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Proceeds of Sale. The proceeds of any collection, recovery, receipt, appropriation, realization or sale of the Collateral shall be applied by the Pledgee as follows:

Appears in 11 contracts

Samples: Securities Purchase Agreement (Codesmart Holdings, Inc.), Stock Pledge Agreement (Terra Tech Corp.), Stock Pledge Agreement (Innovative Companies Inc)

Proceeds of Sale. The proceeds of any collection, recovery, receipt, appropriation, realization or sale of the Pledged Collateral shall be applied by the Pledgee as follows:

Appears in 5 contracts

Samples: Pledge Agreement (Chaus Josephine), Pledge Agreement (CFP Holdings Inc), Pledge Agreement (CFP Holdings Inc)

Proceeds of Sale. The proceeds of any collection, recovery, receipt, ------------------ appropriation, realization or sale of the Collateral shall be applied by the Pledgee as follows:

Appears in 3 contracts

Samples: Stock Pledge Agreement (Texhoma Energy Inc), Stock Pledge Agreement (Trinity Learning Corp), Stock Pledge Agreement (New Century Energy Corp.)

Proceeds of Sale. The proceeds of any collection, recovery, receipt, appropriation, realization realization, disposition or sale of the Collateral shall be applied by the Pledgee as follows:

Appears in 3 contracts

Samples: Pledge Agreement (Reis, Inc.), Pledge Agreement (Air Industries Group, Inc.), Pledge Agreement (Air Industries Group, Inc.)

Proceeds of Sale. The Subject to applicable law, the proceeds of any collection, recovery, receipt, appropriation, realization or sale of the Collateral shall be applied by the Pledgee as follows:

Appears in 3 contracts

Samples: Share Pledge Agreement (Creative Vistas Inc), Share Pledge Agreement (On the Go Healthcare Inc), Share Pledge Agreement (Essential Innovations Technology Corp)

Proceeds of Sale. The proceeds of any collection, recovery, receipt, appropriation, realization or sale of the Collateral Pledged Stock shall be applied by the Pledgee as follows:

Appears in 2 contracts

Samples: Pledge Agreement (National Wireless Holdings Inc), Pledge Agreement (Lighthouse Fast Ferry Inc)

Proceeds of Sale. The proceeds of any collection, recovery, receipt, appropriation, realization or sale of the Foreclosed Collateral shall be applied by the Pledgee as follows:

Appears in 1 contract

Samples: Stock Pledge Agreement (Sports Entertainment Enterprises Inc)

Proceeds of Sale. The proceeds of any collection, recovery, ------------------ receipt, appropriation, realization or sale of the Collateral shall be applied by the Pledgee as follows:

Appears in 1 contract

Samples: Stock Pledge Agreement (Petrosearch Energy Corp)

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Proceeds of Sale. The proceeds of any collection, recovery, ---------------- receipt, appropriation, realization or sale of the Collateral shall be applied by the Pledgee as follows:

Appears in 1 contract

Samples: Stock Pledge Agreement (Sequiam Corp)

Proceeds of Sale. The proceeds of any collection, recovery, receipt, appropriation, realization or sale of the Collateral shall be applied by the Pledgee Pledgees as follows:

Appears in 1 contract

Samples: Form Stock Pledge Agreement (Corgenix Medical Corp/Co)

Proceeds of Sale. The proceeds of any collection, recovery, receipt, appropriation, realization or sale of the Collateral shall be applied by the Pledgee Pledgees as follows:

Appears in 1 contract

Samples: Stock Pledge Agreement (Hague Corp.)

Proceeds of Sale. The proceeds of any collection, recovery, receipt, appropriation, realization or sale of the Pledged Collateral by or on behalf of the Pledgee shall be applied by the Pledgee as follows:

Appears in 1 contract

Samples: Stock Pledge Agreement (Island Pacific Inc)

Proceeds of Sale. The proceeds of any collection, recovery, receipt, appropriation, realization or sale of the Collateral shall be applied by Pledgee to the payment of the Indebtedness, in whole or in part, in such order as Pledgee as follows:may elect. 9.

Appears in 1 contract

Samples: Stock Pledge Agreement (Gavella Corp)

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