Common use of Purchase by Lender Clause in Contracts

Purchase by Lender. Upon any foreclosure sale or sales of all or any portion of the Premises under the power herein granted, Lender may bid for and purchase the Premises and shall be entitled to apply all or any part of the Indebtedness as a credit to the purchase price.

Appears in 3 contracts

Samples: Debt and Security Agreement (Adcare Health Systems Inc), Debt and Security Agreement (Adcare Health Systems Inc), Debt and Security Agreement (Adcare Health Systems Inc)

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Purchase by Lender. Upon any foreclosure sale or sales of all or any portion of the Premises Mortgaged Property under the power of sale herein granted, Lender may bid for and purchase the Premises Mortgaged Property and shall be entitled to apply all or any part of the Indebtedness as a credit to the purchase price.

Appears in 2 contracts

Samples: Record And (Roberts Realty Investors Inc), Record And (Roberts Realty Investors Inc)

Purchase by Lender. Upon any foreclosure sale or sales of all or any portion of the Premises under the power herein granted, Lender may bid for and purchase the Premises at such sale or sales and shall be entitled to apply all or any part of the Indebtedness as a credit to the purchase price.

Appears in 1 contract

Samples: Debt and Security Agreement (Roberts Realty Investors Inc)

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Purchase by Lender. Upon any foreclosure sale sale, either judicially or sales by private power of all or any portion of the Premises under the power herein grantedsale, Lender may bid for and purchase the Premises and shall be entitled to apply all or any part of the Indebtedness Combined Obligations as a credit to the purchase price.

Appears in 1 contract

Samples: Americold Corp /Or/

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