Common use of reasonable notification Clause in Contracts

reasonable notification. Agent shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed there for, and such sale may, without further notice, be made at the time and place to which it was so adjourned. Subsidiary Guarantor hereby waives any claims against Agent arising by reason of the fact that the price at which any Collateral may have been sold at such a private sale was less than the price which might have been obtained at a public sale, even if Agent accepts the first offer received and does not offer such Collateral to more than one offeree, provided Agent acted in a commercially reasonable manner. If the proceeds of any sale or other disposition of the Collateral are insufficient to pay all the Secured Obligations, Subsidiary Guarantor shall be liable to the maximum extent permitted by applicable law for the deficiency and the fees of any attorneys employed by Agent to collect such deficiency.

reasonable notification. Agent shall not be obligated to make any sale of Collateral regardless of notice of sale having been given. Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed there fortherefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. Subsidiary Guarantor Grantor hereby waives any claims against Agent arising by reason of the fact that the price at which any Collateral may have been sold at such a private sale was less than the price which might have been obtained at a public sale, even if Agent accepts the first offer received and does not offer such Collateral to more than one offeree, provided Agent acted in a commercially reasonable manner. If the proceeds of any sale or other disposition of the Collateral are insufficient to pay all the Secured ObligationsObligations (other than inchoate indemnification obligations with respect to claims, Subsidiary Guarantor losses or liabilities which have not yet arisen), Grantor shall be liable to the maximum extent permitted by applicable law for the deficiency and the fees of any attorneys employed by Agent to collect such deficiency.