Purchase by Grantee. Upon any foreclosure sale or sales of all or any portion of the Property under the power herein granted, Grantee may bid for and purchase the Property and shall be entitled to apply all or any part of the Secured Indebtedness as a credit to the purchase price.
Appears in 4 contracts
Samples: And Security Agreement (Roberts Realty Investors Inc), And Security Agreement (Roberts Realty Investors Inc), Roberts Realty Investors Inc
Purchase by Grantee. Upon any foreclosure sale or sales sale of all or any portion of the Property under the power herein granted, Grantee may bid for and purchase the Property and shall be entitled to apply all or any part of the Secured Indebtedness as a credit to the purchase price.
Appears in 2 contracts
Purchase by Grantee. Upon any foreclosure sale by exercise of power of sale or sales of all or any portion of the Property under the power herein grantedotherwise, Grantee may bid for and purchase the Property Collateral or any portion thereof and shall be entitled to apply all or any part of the Secured Indebtedness secured hereby as a credit to the purchase price.
Appears in 1 contract
Samples: Credit Agreement (Blue Bird Corp)
