Common use of Sale of Collateral Clause in Contracts

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.04 shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents shall have been paid. The Trustee may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 8 contracts

Samples: Indenture (LEAF Equipment Finance Fund 4, L.P.), Indenture (Resource America, Inc.), Lockbox Intercreditor Agreement (Resource America, Inc.)

AutoNDA by SimpleDocs

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents Aggregate Outstanding Obligations shall have been paidpaid in full. The Indenture Trustee at the written direction of the Requisite Global Majority may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 5 contracts

Samples: Intercreditor Collateral Agreement (CAI International, Inc.), Administration Agreement (Textainer Group Holdings LTD), Manager Transfer Facilitator Agreement (CAI International, Inc.)

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents Outstanding Obligations shall have been paidpaid in full. The Indenture Trustee at the direction of the Requisite Global Majority may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 4 contracts

Samples: Indenture (TAL International Group, Inc.), Indenture (TAL International Group, Inc.), Indenture (TAL International Group, Inc.)

Sale of Collateral. (a) The power to effect any sale (a "Sale") of any portion of the Collateral pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture Loan Agreement and the other Transaction Documents related Supplement with respect thereto shall have been paid. The Trustee Agent may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 3 contracts

Samples: Loan Agreement (Cronos Group), Loan Agreement (Cronos Group), Loan Agreement (Cronos Group)

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents Outstanding Obligations shall have been paid. The Indenture Trustee at the direction of the Requisite Global Majority may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 2 contracts

Samples: Director Services Agreement (SeaCube Container Leasing Ltd.), Indenture (Seacastle Inc.)

Sale of Collateral. (a) The power to effect any sale (a "Sale") of any portion of the Collateral pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents Outstanding Obligations shall have been paidpaid in full. The Indenture Trustee at the direction of the Requisite Global Majority may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 2 contracts

Samples: Management Agreement (TAL International Group, Inc.), Indenture (TAL International Group, Inc.)

Sale of Collateral. (axxiv) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents Outstanding Obligations shall have been paid. The Indenture Trustee at the direction of the Requisite Global Majority may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Qualified Institutional Buyers (SeaCube Container Leasing Ltd.)

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.03 or 6.04 hereof shall not be exhausted by any one or more Sales sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents with respect thereto shall have been paid. The Trustee may from time to time postpone any Sale sale by public announcement made at the time and place of such Salesale.

Appears in 1 contract

Samples: Indenture (Financial Pacific Co)

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral described pursuant to Section 6.04 6.1 shall not be exhausted by any one or more Sales sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until proceeds of the entire Collateral securing permitted to be sold pursuant to Section 6.1 in an amount up to the Notes aggregate Series Payoff Amount of the Trust Financings of the related Group shall have been sold or all amounts payable on due to the Notes and related Group Creditors under this Indenture Agreement and the other Transaction Documents shall applicable Trust Financing Agreement have been paid. The Trustee may from time to time postpone any Sale by public announcement made at the time and place of such Salepaid in full.

Appears in 1 contract

Samples: Form of Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust)

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.04 7 shall not be exhausted by any one or more Sales sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents Obligations shall have been paid. The Trustee Lender may from time to time postpone any Sale public sale by public announcement made at the time and place of such Salesale.

Appears in 1 contract

Samples: Loan and Security Agreement (Essex International Inc /)

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section Sections 6.02 or 6.04 hereof shall not be exhausted by any one or more Sales sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents shall have been paid. The Trustee may from time to time time, upon directions in accordance with Section 6.13 hereof, postpone any Sale public sale by public announcement made at the time and place of such Salesale.

Appears in 1 contract

Samples: KMC Telecom Holdings Inc

Sale of Collateral. (a) The power to effect any sale (a "Sale") of any portion of the Collateral pursuant to Section 6.04 shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until all of the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents with respect thereto shall have been paid. The Indenture Trustee may from time to time postpone any Sale by public announcement made at the time and place of such Sale. It is hereby expressly agreed that the Indenture Trustee is not limited to any amount fixed by law as compensation for any Sale.

Appears in 1 contract

Samples: Indenture (Andersons Inc)

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents Master Loan Agreement with respect thereto shall have been paid. The Trustee Agent may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Master Loan Agreement (Cronos Group)

AutoNDA by SimpleDocs

Sale of Collateral. (a) The power to effect any sale (a "Sale") of any portion of the Collateral pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents Outstanding Obligations shall have been paid. The Indenture Trustee (at the direction of the Requisite Global Majority) may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Indenture (BRL Universal Equipment Corp)

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.04 7.02 shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes Loans shall have been sold or all amounts payable on the Notes Loans and under this Indenture Agreement and the other Transaction Documents shall have been paidpaid in full in cash. The Trustee Administrative Agent may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Loan and Security Agreement (Oportun Financial Corp)

Sale of Collateral. (a) The power to effect any sale (a "Sale") of any portion of the Series Collateral pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more Sales as to any portion of the Series Collateral remaining unsold, but shall continue unimpaired until the entire Series Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and Outstanding Obligations of the other Transaction Documents related Series shall have been paidpaid in full. The Indenture Trustee at the direction of the Control Party of the related Series may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Willis Lease Finance Corp

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.04 Sections 5.1 and 5.2 shall not be exhausted by any one or more Sales as to any portion of the such Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on secured by the Notes and under this Indenture and the other Transaction Documents Collateral shall have been paid. The Trustee Collateral Agent may upon notice to each Representative, and shall, upon direction of the Required Lenders from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Security Agreement (Enron International Cpo Inc)

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture Loan Agreement and the other Transaction Documents related Supplement with respect thereto shall have been paid. The Trustee Agent may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Management Agreement (Cronos Group)

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral (a "Sale") pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more ---- Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and Notes, the Reimbursement Agreement, under this Indenture and the any other Transaction Documents Document shall have been paid. The Trustee may from time to time postpone any Sale by public announcement made at the time and place of such Sale.

Appears in 1 contract

Samples: Vistana Inc

Sale of Collateral. (a) The power to effect any sale or other disposition (a “Sale”) of any portion of the a Collateral pursuant to Section 6.04 5.04 is expressly subject to the provisions of this Section 5.13. The power to effect any such Sale shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and Obligations under this Indenture and the other Transaction Documents Agreement shall have been paid. The Trustee may from time to time postpone any Sale by public announcement made at the time and place of such Salepaid in full.

Appears in 1 contract

Samples: Term Loan Agreement (Office Depot Inc)

Sale of Collateral. (a) The power to effect any sale (a “Sale”) of any portion of the Collateral pursuant to Section 6.04 804 hereof shall not be exhausted by any one or more Sales as to any portion of the Collateral remaining unsold, but shall continue unimpaired until the entire Collateral securing the Notes shall have been sold or all amounts payable on the Notes and under this Indenture and the other Transaction Documents Aggregate Outstanding Obligations shall have been paidpaid in full. The Indenture Trustee at the written direction of the Requisite Global Majority may from time to time postpone any Sale by public announcement made at the time and place of such Sale.. 119711828\V-7

Appears in 1 contract

Samples: Management Agreement (Textainer Group Holdings LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.