Common use of Purchase of Collateral Clause in Contracts

Purchase of Collateral. Credit bid and purchase all or any portion of the Collateral at any public sale. Any deficiency that exists after disposition of the Collateral as provided above will be paid immediately by Borrower.

Appears in 60 contracts

Sources: Second Lien Loan and Security Agreement (Kodiak Robotics, Inc.), Second Lien Loan and Security Agreement (Kodiak Robotics, Inc.), Venture Loan and Security Agreement (Kodiak Robotics, Inc.)

Purchase of Collateral. Credit bid and purchase all or any portion of the Collateral at any public sale. Any deficiency that exists after disposition of the Collateral as provided above will be paid immediately by BorrowerCo-Borrowers.

Appears in 7 contracts

Sources: Venture Loan and Security Agreement (Environmental Impact Acquisition Corp), Venture Loan and Security Agreement (Stealth BioTherapeutics Corp), Venture Loan and Security Agreement (Cerecor Inc.)

Purchase of Collateral. Credit bid and purchase all or any portion of the Collateral at any public sale. Any deficiency that exists after disposition of the Collateral as provided above will be paid immediately promptly by Borrower.

Appears in 2 contracts

Sources: Venture Loan and Security Agreement (Inotek Pharmaceuticals Corp), Venture Loan and Security Agreement (Inotek Pharmaceuticals Corp)

Purchase of Collateral. Credit bid and purchase all or any portion of the Collateral at any public sale. Any deficiency that exists after disposition of the Collateral as provided above will be paid immediately by BorrowerBorrowers.

Appears in 1 contract

Sources: Venture Loan and Security Agreement (Everyday Health, Inc.)