Liquidation of Collateral. Secured Party may sell, or instruct any agent or broker to sell, all or any part of the Collateral in a public or private sale, direct any agent or broker to liquidate all or any part of any account and deliver all proceeds thereof to Secured Party, and apply all proceeds to the payment of any or all of the Secured Obligations as set forth in the Loan Agreement.
Appears in 2 contracts
Sources: Margin Loan Agreement (Sina Corp), Margin Loan Agreement (Sina Corp)