Common use of Sell Collateral Clause in Contracts

Sell Collateral. Save as permitted in paragraph 5.2 sell, lease or otherwise dispose of the Collateral or any part or parts thereof (and in the event of any sale, lease or other disposition permitted or consented to the Debtor will pay the proceeds to the Secured Party);

Appears in 1 contract

Sources: Loan Agreement (Tengtu International Corp)

Sell Collateral. Save Except as permitted in paragraph 5.2 or the Credit Agreement, sell, lease or otherwise dispose of the Collateral or any part or parts thereof (and in the event of any sale, lease or other disposition permitted or consented to the Debtor it will pay the proceeds to the Secured Party);

Appears in 1 contract

Sources: General Security Agreement (Vista Gold Corp)

Sell Collateral. Save as permitted in paragraph 5.2 sell, lease or otherwise dispose of the Collateral or any part or parts thereof (and in the event of any sale, lease or other disposition permitted or consented to the Debtor it will pay the proceeds to the Secured Party);

Appears in 1 contract

Sources: Commercial Security Agreement (Icon Laser Eye Centers Inc)

Sell Collateral. Save as permitted in paragraph 5.2 and paragraph 5.3 sell, lease or otherwise dispose of the Collateral or any part or parts thereof (and in the event of any sale, lease or other disposition permitted or consented to the Debtor it will pay the proceeds to the Secured Party), except in the ordinary course of business;

Appears in 1 contract

Sources: General Security Agreement (Red Mile Entertainment Inc)