Sell Collateral. Lender may sell the Collateral at either a public or private sale, or both, by way of one or more contracts or transactions, for cash or on terms, in such manner and at such places (including Borrower’s Premises) as Lender determines is commercially reasonable. It is not necessary that the Collateral be present at any such sale.
Appears in 4 contracts
Sources: Loan and Security Agreement (Visualant Inc), Loan and Security Agreement (Andalay Solar, Inc.), Loan and Security Agreement (Great American Group, Inc.)
Sell Collateral. Lender may sell the Collateral at either a public or private sale, or both, by way of one or more contracts or transactions, for cash or on terms, in such manner and at such places (including Borrower’s 's Premises) as Lender determines is commercially reasonable. It is not necessary that the Collateral be present at any such sale.
Appears in 2 contracts
Sources: Loan and Security Agreement (Vertical Branding, Inc.), Loan and Security Agreement (Mendocino Brewing Co Inc)
Sell Collateral. Lender may sell the Collateral at either a eithera public or private sale, or both, by way of one or more contracts or transactions, for cash or on terms, in such manner and at such places (including Borrower’s Premises) as Lender determines is commercially reasonable. It is not necessary that the Collateral be present at any such sale.
Appears in 1 contract
Sources: Loan and Security Agreement (DecisionPoint Systems, Inc.)
Sell Collateral. Lender Lenders may sell the Collateral at either a public or private sale, or both, by way of one or more contracts or transactions, for cash or on terms, in such manner and at such places (including Borrower’s Premises) as Lender Lenders determines is commercially reasonable. It is not necessary that the Collateral be present at any such sale.
Appears in 1 contract