Common use of Realization Clause in Contracts

Realization. BKC may, if it deems it advisable to do so, restrict the prospective bidders or purchasers to Persons who will represent and agree that they are purchasing for their own account for investment and not with a view to the resale or distribution of any of the Collateral and, in particular may restrict the prospective bidders of purchasers to Persons which, in its judgment will have the capacity to perform the commitments required by an owner of IFFP as the holder of rights under any development or franchise agreement with BKC.

Appears in 2 contracts

Sources: Transfer of Title to Shares by Way of Security (International Fast Food Corp), Agreement for the Transfer of Title to Shares by Way of Security (International Fast Food Corp)