Separate Sales. If an Event of Default shall have occurred and be continuing, then the Collateral may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 6 contracts
Samples: Credit Agreement, Collateral Agency Agreement (California Resources Corp), Credit Agreement (California Resources Corp)
Separate Sales. If an any Event of Default shall have occurred occur and be continuing, then the Collateral may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 6 contracts
Samples: Sundance Energy Australia LTD, Sundance Energy Australia LTD, Sundance Energy Australia LTD
Separate Sales. If Upon the occurrence of and during the continuance of an Event of Default shall have occurred and be continuingDefault, then the Collateral may be sold in one or more parcels and to the extent permitted by applicable law Requirement of Law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 4 contracts
Samples: Credit Agreement (Talos Energy Inc.), Credit Agreement (Talos Energy Inc.), Credit Agreement (MBOW Four Star, L.L.C.)
Separate Sales. If Upon the occurrence of and during the continuance of an Event of Default shall have occurred and be continuingDefault, then the Collateral may be sold in one or more parcels and to the extent permitted by applicable law Requirements of Law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 2 contracts
Samples: Credit Agreement (Vine Resources Inc.), Credit Agreement (Vine Resources Inc.)
Separate Sales. If an Event of Default shall have occurred and be continuing, then the The Collateral may be sold in one or more parcels and to the extent permitted by applicable law Applicable Law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 1 contract
Samples: Second Lien Security Agreement
Separate Sales. If an Event of Default shall have occurred and be continuing, then the The Collateral may be sold in one or more parcels and to the extent permitted by the Intercreditor Agreement and by applicable law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 1 contract
Separate Sales. If an Event of Default shall have occurred occur and be continuing, then to the extent provided by applicable law, the Collateral may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 1 contract
Samples: Prairie Operating Co.
Separate Sales. If an Event of Default shall have occurred and be continuingTo the extent allowed by applicable law, then the Collateral may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as the MortgageeBeneficiary, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Trigger Event of Default shall not be exhausted by any one or more sales.
Appears in 1 contract
Samples: Security Agreement (Txu Corp /Tx/)
Separate Sales. If an Event of Default shall have occurred and be continuingTo the extent provided by applicable law, then the Collateral may be sold in one or more parcels and to the extent permitted by applicable law law, in such manner and order as the Mortgagee, in its sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
Appears in 1 contract
Samples: Nacco Industries Inc
Separate Sales. If an Event of Default shall have occurred and be continuing, then the The Collateral may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as the Mortgagee, in its their sole discretion, may elect, it being expressly understood and agreed that the right of sale arising out of any Event of Default shall not be exhausted by any one or more sales.
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