Common use of Rights of Purchasers Clause in Contracts

Rights of Purchasers. Upon any sale of the Pledged Collateral (whether public or private) in accordance with this Pledge Agreement, the Lender shall have the right to deliver, assign and transfer to the purchaser thereof the Pledged Collateral so sold. Each purchaser (including the Lender) at any such sale shall hold the Pledged Collateral so sold absolutely, free from any claim or right of whatever kind, including any equity or right of redemption of the Borrower who, to the extent permitted by law, hereby specifically waives all rights of redemption, including, without limitation, any right to redeem the Pledged Collateral under Section 9-623 of the UCC, stay or approval which he has or may have under any law now existing or hereafter adopted.

Rights of Purchasers. Upon any sale of the Pledged -------------------- Collateral (whether public or private) in accordance with this Pledge Agreement), the Lender shall have the right to deliver, assign and transfer to the purchaser thereof the Pledged Collateral so sold. Each purchaser (including the Lender) at any such sale shall hold the Pledged Collateral so sold absolutely, free from any claim or right of whatever kind, including any equity or right of redemption of the Borrower Pledgor who, to the extent permitted by law, hereby specifically waives all rights of redemption, including, without limitation, any right to redeem the Pledged Collateral under Section 9-623 506 of the UCC, and any right to a judicial or other stay or approval which he it has or may have under any law now existing or hereafter adopted.

Rights of Purchasers. Upon any sale of the Pledged -------------------- Collateral (whether public or private) in accordance with pursuant to this Pledge AgreementArticle VI, the Lender Pledgee shall have the right to deliver, assign and transfer to the purchaser thereof the Pledged Collateral so sold. Each purchaser (including the LenderPledgee) at any such sale shall hold the Pledged Collateral so sold absolutely, free from any claim or right of whatever kindwhatsoever, including any equity or right of redemption of the Borrower Pledgor who, to the extent permitted by law, hereby specifically waives all rights of redemption, including, without limitation, any right to redeem the Pledged Collateral under Section 98.9-623 506 of the UCC, and any right to a judicial or other stay or approval which he it has or may have under any law now existing or hereafter adopted.

Rights of Purchasers. Upon any sale of the Pledged -------------------- Collateral (whether public or private) in accordance with pursuant to this Pledge AgreementArticle VI, the Lender Pledgee shall have the right to deliver, assign and transfer to the purchaser thereof the Pledged Collateral so sold. Each purchaser (including the LenderPledgee) at any such sale shall hold the Pledged Collateral so sold absolutely, free from any claim or right of whatever kindwhatsoever, including any equity or right of redemption of the Borrower who, to the extent permitted by law, hereby specifically waives all rights of redemption, including, without limitation, any right to redeem the Pledged Collateral under Section 98.9-623 506 of the UCC, and any right to a judicial or other stay or approval which he it has or may have under any law now existing or hereafter adopted.