Common use of Compliance with Restrictions Clause in Contracts

Compliance with Restrictions. Each Pledgor agrees that in any sale of any of the Pledged Collateral, whether at a foreclosure sale or otherwise, the Lender is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to avoid any violation of applicable law (including compliance with such procedures as may restrict the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications and restrict such prospective bidders and purchasers to persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the distribution or resale of such Pledged Collateral), or in order to obtain any required approval of the sale or of the purchaser by any Governmental Authority, and Pledgor further agrees that such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Lender nor the Lender be liable nor accountable to Pledgor for any discount allowed by the reason of the fact that such Pledged Collateral is sold in compliance with any such limitation or restriction.

Compliance with Restrictions. Each Pledgor The Guarantor agrees that that (a) in any sale of any of the Pledged Collateral, whether at a foreclosure sale or otherwiseCollateral whenever an Event of Default shall have occurred and be continuing, the Lender Secured Party is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to to (i) avoid any violation of applicable law (including compliance with such procedures as may restrict the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications qualifications, and restrict such prospective bidders and purchasers to persons Persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the distribution or resale of such Pledged Collateral), or in order to or (ii) obtain any required approval of the sale or of the purchaser by any Governmental AuthorityAuthority or official, and Pledgor further agrees that and (b) such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Lender nor the Lender Secured Party be liable nor accountable to Pledgor the Guarantor for any discount allowed by the reason of the fact that such Pledged Collateral is sold in compliance with any such limitation or restriction.

Compliance with Restrictions. Each Pledgor The Grantor agrees that in any sale of any of the Pledged Collateral, whether at a foreclosure sale or otherwiseIntellectual Property Collateral whenever an Event of Default shall have occurred and be continuing, the Lender Secured Party is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to avoid any violation of applicable law (including compliance with such procedures as may restrict the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications qualifications, and restrict such prospective bidders and purchasers to persons Persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the distribution or resale of such Pledged Intellectual Property Collateral), or in order to obtain any required approval of the sale or of the purchaser by any Governmental AuthorityAuthority or official, and Pledgor the Grantor further agrees that such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Lender nor the Lender Secured Party be liable nor accountable to Pledgor the Grantor for any discount allowed by the reason of the fact that such Pledged Intellectual Property Collateral is sold in compliance with any such limitation or restriction.

Compliance with Restrictions. Each Pledgor Grantor agrees that in any sale of any of the Pledged CollateralCollateral whenever an Event of Default shall have occurred and be continuing, whether at a foreclosure sale or otherwise, the Lender Secured Party is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to avoid any violation of applicable law (including compliance with such procedures as may restrict public issuances or sales of securities, the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications qualifications, and restrict such prospective bidders and purchasers to persons Persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the distribution or resale of such Pledged Collateral), or in order to obtain any required approval of the sale or of the purchaser by any Governmental AuthorityAuthority or official, and Pledgor Grantor further agrees that such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Lender nor the Lender Secured Party be liable nor accountable to Pledgor Grantor for any discount allowed by the reason of the fact that such Pledged Collateral is sold in compliance with any such limitation or restriction.

Compliance with Restrictions. Each The Pledgor agrees that in any sale of any of the Pledged CollateralCollateral whenever an Event of Default shall have occurred and be continuing, whether at a foreclosure sale or otherwise, the Lender Surge is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to avoid any violation of applicable law (including compliance with such procedures as may restrict the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications and restrict such prospective bidders and purchasers to persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the distribution or resale of such Pledged Collateral), or in order to obtain any required approval of the sale or of the purchaser by any Governmental Authority, and the Pledgor further agrees agree that such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Lender nor the Lender Surge be liable nor accountable to the Pledgor for any discount allowed by the reason of the fact that such Pledged Collateral is sold in compliance with any such limitation or restriction.

Compliance with Restrictions. Each Pledgor agrees The Pledgors agree that in any sale of any of the Pledged Collateral, whether at a foreclosure sale or otherwiseCollateral whenever an Actionable Default shall have occurred and be continuing, the Lender Collateral Trustee is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to avoid any violation of applicable law (including compliance with such procedures as may restrict the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications qualifications, and restrict such prospective bidders and purchasers to persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the distribution or resale of such Pledged Collateral), or in order to obtain any required approval of the sale or of the purchaser by any Governmental Authoritygovernmental regulatory authority or official, and Pledgor the Pledgors further agrees agree that such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Lender nor the Lender Collateral Trustee be liable nor accountable to Pledgor the Pledgors for any discount allowed by the reason of the fact that such Pledged Collateral is sold in compliance with any such limitation or restriction.

Compliance with Restrictions. Each Pledgor agrees that in any sale of any of the Pledged Collateral, whether at a foreclosure sale or otherwise, the Lender is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to avoid any violation of applicable law (including compliance with such procedures as may restrict the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications qualifications, and restrict such prospective bidders and purchasers to persons Persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the distribution or resale of such Pledged Collateral), or in order to obtain any required approval of the sale or of the purchaser by any Governmental AuthorityAuthority or official, and each Pledgor further agrees that such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Lender nor the Lender be liable nor accountable to any Pledgor for any discount allowed by the reason of the fact that such Pledged Collateral is sold in compliance with any such limitation or restriction.

Compliance with Restrictions. Each Pledgor The Grantor agrees that that (a) in any sale of any of the Pledged Collateral, whether at a foreclosure sale or otherwiseCollateral whenever an Event of Default shall have occurred and be continuing, the Lender Secured Party is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to to: (i) avoid any violation of applicable law (including compliance with such procedures as may restrict the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications qualifications, and restrict such prospective bidders and purchasers to persons Persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the distribution or resale of such Pledged Collateral), or in order to or (ii) obtain any required approval of the sale or of the purchaser by any Governmental AuthorityAuthority or official, and Pledgor further agrees that and (b) such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Lender nor the Lender Secured Party be liable nor accountable to Pledgor the Grantor for any discount allowed by the reason of the fact that such Pledged Collateral is sold in compliance with any such limitation or restriction.

Compliance with Restrictions. Each Pledgor The Grantor agrees that in any sale of any of the Pledged Collateral, whether at a foreclosure sale or otherwiseCollateral whenever an Event of Default shall have occurred and be continuing, the Lender Secured Party is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to avoid any violation of applicable law Law (including compliance with such procedures as may restrict the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications qualifications, and restrict such prospective bidders and purchasers to persons Persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the distribution or resale of such Pledged Collateral), or in order to obtain any required approval of the sale or of the purchaser by any Governmental AuthorityAuthority or official, and Pledgor the Grantor further agrees that such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Lender nor the Lender Secured Party be liable nor accountable to Pledgor the Grantor for any discount allowed by the reason of the fact that such Pledged Collateral is sold in compliance with any such limitation or restriction.

Compliance with Restrictions. Each Pledgor agrees that in any sale of any of the Pledged Collateral, whether at a foreclosure sale or otherwise, the Lender Secured Party is hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to avoid any violation of applicable law (including compliance with such procedures as may restrict the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications and restrict such prospective bidders and purchasers to persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the distribution or resale of such Pledged Collateral), or in order to obtain any required approval of the sale or of the purchaser by any Governmental Authority, and Pledgor further agrees that such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Lender nor the Lender Secured Party be liable nor accountable to Pledgor for any discount allowed by the reason of the fact that such Pledged Collateral is sold in compliance with any such limitation or restriction.

Compliance with Restrictions. Each Pledgor The Guarantor agrees that that (a) in any sale of any of the Pledged Collateral, whether at a foreclosure sale or otherwiseCollateral whenever an Event of Default shall have occurred and be continuing, the Lender is Secured Party are hereby authorized to comply with any limitation or restriction in connection with such sale as it may be advised by counsel is necessary in order to avoid any violation of applicable law (including compliance with such procedures as may restrict the number of prospective bidders and purchasers, require that such prospective bidders and purchasers have certain qualifications qualifications, and restrict such prospective bidders and purchasers to persons Persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the distribution or resale of such Pledged Collateral), or in order to obtain any required approval of the sale or of the purchaser by any Governmental AuthorityAuthority or official, and Pledgor further agrees that and (b) such compliance shall not result in such sale being considered or deemed not to have been made in a commercially reasonable manner, nor shall the Lender nor the Lender Secured Party be liable nor accountable to Pledgor the Guarantor for any discount allowed by the reason of the fact that such Pledged Collateral is sold in compliance with any such limitation or restriction.