Common use of RIGHT TO BID AT FORECLOSURE SALE Clause in Contracts

RIGHT TO BID AT FORECLOSURE SALE. In the event of foreclosure of a Financing Encumbrance, Irvine shall be entitled to bid at such sale on the same terms as, and without any priority or preference over, any other third person bidder.

Appears in 2 contracts

Samples: System License Agreement (Firstworld Communications Inc), System License Agreement (Firstworld Communications Inc)

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RIGHT TO BID AT FORECLOSURE SALE. In the event of foreclosure of a Financing Encumbrance, Irvine shall be entitled to bid at such sale on the same terms as, and without any priority or preference over, any other third person bidder.. --------------------------- *** CONFIDENTIAL TREATMENT REQUESTED

Appears in 2 contracts

Samples: Firstworld Communications Inc, Firstworld Communications Inc

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