Disposition Agents definition
Examples of Disposition Agents in a sentence
The Disposition Agents shall not be obligated to make any such sale pursuant to any such notice.
The Disposition Agents may, without notice or publication, adjourn any public or private sale or cause the same to be adjourned from time to time by announcement at the time and place fixed for the sale, and such sale may be made at any time or place to which the same may be so adjourned.
The Agents shall take such actions and exercise such remedies as may be directed by any of the Initial Banks, it being understood and agreed that any sale of Collateral shall be conducted by the Disposition Agents and that any Secured Party may purchase the Collateral for its own account at any such sale.
Any such public sale shall be held at such time or times within ordinary business hours and at such place or places as the Disposition Agents may fix in the notice of such sale.
At any such sale the Collateral may be sold in one lot as an entirety or in separate parcels, as the Disposition Agents may determine.
Any Initial Bank giving notice pursuant to Section 6(a) or 6(b) of the relevant ISDA Master Agreement (the “Initiating Bank”) to Pledgor designating an Early Termination Date (a “Designation Notice”) shall give such notice (substantially simultaneously with the giving of notice to Pledgor) to the Collateral Agent, Parent, the other Initial Banks and the Disposition Agents, it being understood and agreed that only an Initial Bank may give a Designation Notice.
Any Initial Bank giving notice pursuant to Section 6(a) or 6(b) of the relevant ISDA Master Agreement (the “Initiating Bank”) to the Pledgors designating an Early Termination Date (a “Designation Notice”) shall give such notice (substantially simultaneously with the giving of notice to the Pledgors) to the Collateral Agent, Parent, the other Initial Banks and the Disposition Agents, it being understood and agreed that only an Initial Bank may give a Designation Notice.