Sell or Lease Sample Clauses
The 'Sell or Lease' clause defines the rights and conditions under which a party may sell or lease certain property or assets covered by the agreement. Typically, this clause outlines whether the owner can transfer ownership or grant usage rights to third parties, and may specify any required approvals, restrictions, or procedures that must be followed. For example, it might require the consent of the other party before a sale or lease can occur, or set out notification requirements. The core function of this clause is to clarify and control how assets can be disposed of or utilized, thereby preventing unauthorized transfers and protecting the interests of all parties involved.
Sell or Lease. Whether or not the Receiver has taken possession, to sell or lease or concur in the sale or leasing of any of the Collateral or any part or parts thereof after giving the Debtor not less than 20 days' written notice of his intention to sell or lease and to carry any such sale or lease into effect by conveying, transferring, letting or assigning in the name of or on behalf of the Debtor or otherwise; and any such sale or lease may be made either at public auction or privately as the Receiver will determine and any such sale or lease may be made from time to time as to the whole or any part or parts of the Collateral; and the Receiver may make any stipulations as to title or conveyance or commencement of title or otherwise which the Receiver considers proper; and the Receiver may buy in or rescind or vary any contract for the sale or lease of any of the Collateral or any part or parts thereof, and may resell and release without being answerable for any loss occasioned thereby; and the Receiver may sell or lease any of the same as to cash or part cash and part credit or otherwise as will appear to be most advantageous and at such prices as can be reasonably obtained therefor and in the event of a sale or lease on credit neither the Receiver nor the Secured Parties will be accountable or charged with any monies until actually received.
Sell or Lease. The tenant has the right to sell or lease the mobile home. The landlord can act as the tenant’s agent in the process of selling or leasing, but the landlord cannot receive any compensation unless a written agreement with the tenant states otherwise.
Sell or Lease. Lessor may sell, dispose of, hold, use, or lease any Equipment as Lessor in its sole discretion may determine without any duty, except as provided below, to account to Lessee. Lessor may purchase at any such sale, and Lessor shall not be obligated to give preference to the sale, lease, or other disposition of the Equipment over the sale, lease, or other disposition of similar equipment owned or leased by or through Lessor. The following Subsection j shall apply to any sale or lease: