Separate Sales. The Mortgaged Property may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as Secured Party, 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 3 contracts
Samples: Credit Agreement (Synergy Resources Corp), Credit Agreement (Synergy Resources Corp), Credit Agreement (Synergy Resources Corp)
Separate Sales. The Mortgaged Property may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as Secured Partythe Agent, 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 salessales but other and successive sales may be made until all of the Mortgaged Property has been sold or until the Indebtedness has been fully satisfied.
Appears in 3 contracts
Samples: Calpine Corp, Calpine Corp, Calpine Corp
Separate Sales. The Mortgaged Property may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as Secured PartyAgent and the Lenders, 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.
Appears in 1 contract
Samples: Queen Sand Resources Inc
Separate Sales. The Mortgaged Property may be sold in one or more parcels and to the extent permitted by applicable law in such manner and order as Secured PartyTrustee, in its his 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 salessales but other and successive sales may be made until all of the Mortgaged Property has been sold or until the Indebtedness has been fully satisfied.
Appears in 1 contract