Liquidation of Collateral. Sell, or instruct any agent to sell, all or any part of the Collateral, and direct such agent to deliver all proceeds thereof to the Secured Party, and apply all proceeds to the payment of any or all of the Obligations in such order and manner as the Secured Party shall, in its discretion, choose.
Appears in 4 contracts
Sources: Security Agreement (Cord Blood America, Inc.), Security Agreement (Syzygy Entertainment LTD), Security Agreement (Technest Holdings Inc)