Sale of Personal Property. Mortgagee shall have the discretionary right to cause some or all of the Property, which constitutes personal property, to be sold or otherwise disposed of in any combination and in any manner permitted by applicable law.
Sale of Personal Property. The Seller will not transfer or dispose of, or permit to be sold, transferred or otherwise disposed of, any item or group of items constituting Personal Property, except for the use and consumption of inventory and other supplies and spare parts, and the replacement of worn out, obsolete and defective tools, equipment and appliances, in the ordinary course of business.
Sale of Personal Property. Beneficiary and/or Trustee, as required by applicable law, shall have the discretionary right to cause some or all of the Property, which constitutes personal property, to be sold or otherwise disposed of in any combination and in any manner permitted by applicable law.
Sale of Personal Property. No personal property of any nature is included in this sale, unless specifically itemized and attached as Schedule “A’ attached hereto.
Sale of Personal Property. Seller hereby conveys, remises, releases, and quitclaims to Buyer, all of Seller’s right, title, and interest in and to the Personal Property (excluding the Excluded Assets).
Sale of Personal Property. To retain all non-real estate collateral in satisfaction of any unpaid Obligations as provided in the Uniform Commercial Code or sell the collateral at public or private sale after giving at least ten (1 0) days' notice of the time and place of the sale, with or without having the collateral physically present at the place of the sale (such notice constituting reasonable notice under the Uniform Commercial Code).
Sale of Personal Property. If the Commissioner notifies Tenant in writing 30 or more days before the Term expires or this Agreement is terminated that the City desires to purchase any or all of Tenant personal property, Tenant must sell to the City, upon expiration of the Term or termination of the Agreement and at fair market value, any and all Tenant personal property (except trademarked items sold or leased to Tenant, and proprietary equipment), located or used in and about the Leased Space or the Airport, and any interest in them held by Tenant. For the purposes of this section, fair market value is equal to the net (of accumulated depreciation) book value of Tenant personal property so acquired.
Sale of Personal Property. Lender shall have the discretionary right to cause some or all of the Property, which constitutes personal property, to be sold or otherwise disposed of in any combination and in any manner permitted by applicable law.
Sale of Personal Property. On the Settlement Date, Woodbridge shall execute and deliver a xxxx of sale in the form attached hereto as Exhibit A selling, transferring and conveying all equipment, tools and fixtures owned by Woodbridge and presently located at the Leased Premises (“Personal Property”), free and clear of all liens, claims and other encumbrances, but otherwise on an “as is, where is” basis with no representations or warranties of any kind expressed or implied. On the Settlement Date, Woodbridge shall have obtained and filed or shall deliver to Lessor UCC-3 forms executed by The Bank of New York, as Trustee, on behalf of itself and the New Jersey Economic Development Authority releasing each of those creditor’s liens covering the Personal Property. Woodbridge shall provide executed lien releases and discharges from (i) SNC-Lavalin Project Services, Inc, (ii) Airside, Inc., (iii) Hatzel & Xxxxxxx, Inc., (iv) Xxxxxxx Industrial Contractors, Inc, (v) Xxxxxxxxx Mechanical, Inc., and (vi) The Construction Partnership, Inc., and their respective successors and assigns, releasing and discharging any and all liens and claims against the Personal Property and the Leased Premises. In addition, Woodbridge shall provide an executed release of the lis pendens executed by Xxxxxxxxx Mechanical, Inc. on March 12, 2010 and recorded on March 16, 2010 in book 2100, page 663.
Sale of Personal Property. 35- 6.5 Termination Due to Change in Airport Operations ............................................ -35- 6.6
