Common use of Purchase and Sale of Property Clause in Contracts

Purchase and Sale of Property. (a) Subject to Article X, purchase and sell and engage in other transactions, including receipts and deliveries, exchanges, exercises, conversions, subscriptions, and other voluntary corporate actions, with respect to any Property, whether income producing or not. (b) Sell or otherwise dispose of any Property held by it at any time (by any means considered reasonable by the Trustee) for cash or on credit, or partly for cash and partly on credit, and receive the consideration and grant discharges therefor.