Common use of Notice of Disposition of Collateral Clause in Contracts

Notice of Disposition of Collateral. Grantor hereby waives notice of the time and place of any public sale or the time after which any private sale or other disposition of all or any part of the Collateral may be made. To the extent such notice may not be waived under applicable law, any notice made shall be deemed reasonable if sent to Grantor, addressed as set forth in Section 6.12, at least 10 days prior to (i) the date of any such public sale or (ii) the time after which any such private sale or other disposition may be made.

Appears in 3 contracts

Sources: Operated Deposit Account Security Agreement, Operated Deposit Account Security Agreement (Black Elk Energy Finance Corp.), Non Operated Deposit Account Security Agreement (Black Elk Energy Finance Corp.)

Notice of Disposition of Collateral. Each Grantor hereby waives notice of the time and place of any public sale or the time after which any private sale or other disposition of all or any part of the Collateral may be made. To the extent such notice may not be waived under applicable law, any notice made shall be deemed reasonable if sent to the applicable Grantor, addressed as set forth in Section 6.12Article IX, at least 10 ten days prior to (i) the date of any such public sale or (ii) the time after which any such private sale or other disposition may be made.

Appears in 1 contract

Sources: Pledge and Security Agreement (Xeta Corp)

Notice of Disposition of Collateral. Grantor The Grantors hereby waives waive notice of the time and place of any public sale or the time after which any private sale or other disposition of all or any part of the Collateral may be made. To the extent such notice may not be waived under applicable law, any notice made shall be deemed reasonable if sent to Grantorthe Grantors, addressed as set forth in Section 6.12Article IX, at least 10 ten days prior to (i) the date of any such public sale or (ii) the time after which any such private sale or other disposition may be made.

Appears in 1 contract

Sources: Security Agreement (Daisytek International Corporation /De/)

Notice of Disposition of Collateral. Each Grantor hereby waives notice of the time and place of any public sale or the time after which any private sale or other disposition of all or any part of the Collateral may be made. To the extent such notice may not be waived under applicable law, any notice made shall be deemed reasonable if sent given to Grantor, addressed as set forth in Section 6.12, such Grantor at least 10 days prior to (i) the date time of any such public sale or (ii) the time after which any such private sale or other disposition may be made.

Appears in 1 contract

Sources: Security Agreement (Healthcomp Evaluation Services Corp)

Notice of Disposition of Collateral. Each Grantor hereby waives notice of the time and place of any public sale or the time after which any private sale or other disposition of all or any part of the Collateral may be made. To the extent such notice may not be waived under applicable law, any notice made shall be deemed reasonable if sent to a Grantor, addressed as set forth in Section 6.129, at least 10 days prior to (i) the date of any such public sale or (ii) the time after which any such private sale or other disposition may be made.

Appears in 1 contract

Sources: Subsidiary Security Agreement (Jacor Communications Inc)