Common use of Acceleration and Remedies Clause in Contracts

Acceleration and Remedies. Upon the acceleration of the obligations under the Credit Agreement pursuant to Section 8.1 thereof, the Obligations and, to the extent provided for under the Rate Management Transactions evidencing the same, the Rate Management Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Agent may, with the concurrence or at the direction of the Required Secured Parties, exercise any or all of the following rights and remedies:

Appears in 10 contracts

Samples: Credit Agreement (Viad Corp), Security Agreement (Magnetek Inc), Security Agreement (Magnetek Inc)

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Acceleration and Remedies. Upon the acceleration of the obligations Secured Obligations under the Credit Agreement pursuant to Section 8.1 thereof, the Obligations and, to the extent provided for under the Rate Management Transactions evidencing the same, the Rate Management Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Administrative Agent may, with the concurrence or at the direction of the Required Secured Parties, exercise any or all of the following rights and remedies:

Appears in 5 contracts

Samples: Security Agreement (Abx Air Inc), Pledge and Security Agreement (Encore Capital Group Inc), Pledge and Security Agreement (Encore Capital Group Inc)

Acceleration and Remedies. Upon the acceleration of the obligations Secured Obligations under the Credit Agreement pursuant to Section 8.1 thereof, the Obligations and, to the extent provided for under the Rate Management Transactions evidencing the same, the Rate Management Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Agent may, with the concurrence or at the direction of the Required Secured PartiesLenders, exercise any or all of the following rights and remedies:

Appears in 2 contracts

Samples: Security Agreement (Tesoro Corp /New/), Security Agreement (Tesoro Trading Co)

Acceleration and Remedies. Upon the acceleration of the obligations under the Credit Agreement pursuant to Section 8.1 Article VII thereof, the Obligations and, to the extent provided for under the Rate Management Transactions evidencing the same, the Rate Management Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Agent may, with the concurrence or at the direction of the Required Secured Parties, exercise any or all of the following rights and remedies:

Appears in 2 contracts

Samples: Credit Agreement (P F Changs China Bistro Inc), Credit Agreement (P F Changs China Bistro Inc)

Acceleration and Remedies. Upon the acceleration of the obligations under the Credit Agreement pursuant to Section 8.1 thereof, the Obligations and, to the extent provided for under the Rate Management Transactions evidencing the same, the Rate Management Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Agent Lender may, with the concurrence or at the direction of the Required Secured Parties, exercise any or all of the following rights and remedies:

Appears in 1 contract

Samples: Pledge and Security Agreement (Mobility Electronics Inc)

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Acceleration and Remedies. Upon the acceleration of the obligations under the Credit Agreement pursuant to Section 8.1 10.02 thereof, the Obligations and, to the extent provided for under the Rate Management Transactions evidencing the same, the Rate Management Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and the Administrative Agent may, with the concurrence or at the direction of the Required Secured Parties, exercise any or all of the following rights and remedies:

Appears in 1 contract

Samples: Pledge and Security Agreement (Teton Energy Corp)

Acceleration and Remedies. Upon the acceleration of the obligations Obligations under the Credit Agreement pursuant to Section 8.1 thereof, the Obligations and, to the extent provided for under the Rate Management Transactions evidencing the same, the Rate Management Obligations, shall immediately become due and payable without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, and without relief from valuation and appraisement laws, and the Agent may, with the concurrence or at the direction of the Required Secured Parties, exercise any or all of the following rights and remedies:

Appears in 1 contract

Samples: Pledge and Security Agreement (Chromcraft Revington Inc)

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