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09:00 May 12, 2001
English to Spanish translations [PRO] Law/Patents
English term or phrase:Buyer's sale
Buyer is hereby authorized by Seller at any time and from time to time, (i) to exercise, at Buyer's Option, Buyer's sale on Seller's behalf, whichever is applicable of the goods under the Related Documentation, upon written notice, with payment from any sale(s) assigned to Buyer pursuant to the assignment agreement(s), all proceeds including Value Added Tax from the sale will be applied first to pay all expenses and costs due and unpaid related to the warehousing, second to repay all advances plus all interest thereon due up to the date the repayment is received in full, and third any excess amounts will be returned to Seller by Buyer, and/or (ii)to
enforce Buyer's rights under the Warrants or warehouse receipts whichever applies to the maximum extent permitted by law. Buyer's rights under this paragraph are in addition to any other rights and remedies (including, without limitation, other rights of set-off) which Buyer may have.