Common use of Additional Rights of Secured Parties Clause in Contracts

Additional Rights of Secured Parties. In addition to its other rights and privileges under this Agreement, the Lender may exercise from time to time any and all other rights and remedies available to a secured party when a debtor is in default under a security agreement as provided in the Uniform Commercial Code of Georgia, or available to the Lender under any other applicable law or in equity, including without limitation the right to any deficiency remaining after disposition of the Collateral. The Borrower shall pay all of the reasonable costs and expenses (including reasonable attorneys' fees) incurred by the Lender in enforcing its rights under this Agreement.

Appears in 7 contracts

Samples: Loan and Stock Pledge Agreement (1st United Bancorp, Inc.), Loan and Stock Pledge Agreement (Sun American Bancorp), Loan and Stock Pledge Agreement (Appalachian Bancshares Inc)

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Additional Rights of Secured Parties. In addition to its other ---------------------------------------- rights and privileges under this Agreement, the Lender may exercise from time to time any and all other rights and remedies available to a secured party when a debtor is in default under a security agreement as provided in the Uniform Commercial Code of Georgia, or available to the Lender under any other applicable law or in equity, including without limitation the right to any deficiency remaining after disposition of the Collateral. The Borrower shall pay all of the reasonable costs and expenses (including reasonable attorneys' fees) incurred by the Lender in enforcing its rights under this Agreement.

Appears in 1 contract

Samples: Loan and Stock Pledge Agreement (Pab Bankshares Inc)

Additional Rights of Secured Parties. In addition to its other rights ------------------------------------ and privileges under this Agreement, the Lender may exercise from time to time any and all other rights and remedies available to a secured party when a debtor is in default under a security agreement as provided in the Uniform Commercial Code of Georgia, or available to the Lender under any other applicable law or in equity, including without limitation the right to any deficiency remaining after disposition of the Collateral. The Borrower Borrowers shall pay all of the reasonable costs and expenses (including reasonable attorneys' fees) incurred by the Lender in enforcing its rights under this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Premier Bancshares Inc /Ga)

Additional Rights of Secured Parties. In addition to its other rights and ------------------------------------ privileges under this Agreement, the Lender may exercise from time to time any and all other rights and remedies available to a secured party when a debtor is in default under a security agreement as provided in the Uniform Commercial Code of Georgia, or available to the Lender under any other applicable law or in equity, including without limitation the right to any deficiency remaining after disposition of the Collateral. The Borrower shall pay all of the reasonable costs and expenses (including reasonable attorneys' fees) incurred by the Lender in enforcing its rights under this Agreement.

Appears in 1 contract

Samples: Loan and Stock Pledge Agreement (Community Trust Financial Services Corporation)

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Additional Rights of Secured Parties. In addition to its other rights ------------------------------------ and privileges under this Agreement, the Lender may exercise from time to time any and all other rights and remedies available to a secured party when a debtor is in default under a security agreement as provided in the Uniform Commercial Code of Georgia, or available to the Lender under any other applicable law or in equity, including without limitation the right to any deficiency remaining after disposition of the Collateral. The Borrower shall pay all of the reasonable costs and expenses (including reasonable attorneys' fees) incurred by the Lender in enforcing its rights under this Agreement.

Appears in 1 contract

Samples: Loan and Stock Pledge Agreement (Crescent Banking Co)

Additional Rights of Secured Parties. In addition to its other rights and privileges under this Agreement, the Lender may exercise from time to time any and all other rights and remedies available to a secured party when a debtor is in default under a security agreement as provided in the Uniform Commercial Code of Georgia, or available to the Lender under any other applicable law or in equity, including without limitation the right to any deficiency remaining after disposition of the Collateral. The Borrower shall pay all of the reasonable costs and expenses (including documented reasonable attorneys' fees) actually incurred by the Lender in enforcing its rights under this Agreement.

Appears in 1 contract

Samples: Loan and Stock Pledge Agreement (Nexity Financial Corp)

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