Code Rights Sample Clauses

Code Rights. To exercise any right or remedy available to Lender as a secured party under the Code, as it from time to time is in force and effect, with respect to any portion of the Mortgaged Property or the Intangible Collateral then constituting property subject to the provisions of the Code; or Lender, at its option, may elect to treat the Mortgaged Property or the Intangible Collateral, or any combination, as real property, or an interest therein, for remedial purposes.
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Code Rights. Upon the occurrence of an event of default, Lender shall have all rights and remedies provided by law, including but not limited to those provided in the Uniform Commercial Code with respect to the Collateral.
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Code Rights. To exercise any right or remedy available to Mortgagee as a secured party under the Uniform Commercial Code, with respect to any portion of the Collateral then constituting property subject to the provisions of such Code; or Mortgagee, at its option, may elect to treat the Collateral as real property, or an interest therein, for remedial purposes.
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Code Rights. To exercise any right or remedy available to Bank as a secured party under the Uniform Commercial Code as adopted by the State of Florida, as it from time to time is in force and effect, with respect to any portion of the Collateral then constituting property subject to the provisions of such Code; or Bank, at its option, may elect to treat the Collateral as real property, or an interest therein, for remedial purposes.
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Code Rights. The Shareholders shall have the right to exercise all remedial rights against the Buyer and with respect to the either or both of the Debt Instrument(s) and the Company Common Stock as are accorded to a creditor and secured party under the provisions of the Code and other applicable law, but subject to the rights of Smithfield under its senior security interest with respect to the Company Common Stock and subject to the commitment of the Shareholders in the Intercreditor Agreement to first seek recourse for the Event of Default through the proceeds of the Debt Instrument(s) and only thereafter through the Company Common Stock in accordance with the provisions of the Intercreditor Agreement. If the Shareholders elect to exercise their remedial rights under this Section, then, in addition to any other actions that may be permitted under the Code (as limited by the Intercreditor Agreement), the Shareholders may deliver written notice to the Buyer and Escrow Agent identifying the Event of Default, affirming that such Event of Default has not been remedied as permitted and required under this Security Agreement and demanding a release to the Shareholders of the Debt Instruments then held by the Escrow Agent under the Escrow Agreement (a “Demand Notice”). Unless the Buyer, within twenty (20) days after the date of delivery of the Demand Notice, delivers its written notice to the Shareholders and the Escrow Agent stating that no Event of Default exists under this Security Agreement, detailing specifically the basis for that statement and objecting to the release of the Debt Instruments to the Shareholders (an “Objection Notice”), then the Escrow Agent shall within thirty (30) days after the date of delivery of the Demand Notice release to the Shareholders the original copies of the certificates or other documents evidencing the Debt Instruments then held under the Escrow Agreement. If the Buyer delivers an Objection Notice within such period, then the Escrow Agent shall refrain from the release of the Debt Instruments to the Shareholders unless and until directed to do so by a written directive signed by the Buyer and the Shareholders or the Order of a court of competent jurisdiction. If and at such time as the original copies of the certificates or other documents evidencing the Debt Instruments are released to the Shareholders, the Shareholder shall promptly liquidate those Debt Instruments in a commercially reasonable manner to the extent required to pay any p...
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Code Rights. The rights, for the Operator and those authorised by it during the Designated Hours save in the case of emergency and in common with the Owner and other persons having the same or similar rights to enter the Property with or without vehicles, plant and equipment (at the Operator's expense and in a good, proper and workmanlike manner) to: Carry out the Installation Works, including the right to install the Apparatus above the present surface of the Property over the relevant Wayleave Route and make good the Property in accordance with the SSRAMS in each case, and afterwards to inspect, maintain, adjust, alter, repair, remove, replace and operate the Apparatus ensuring that on each occasion that the Property is reinstated in accordance with the SSRAMS and otherwise left in a neat and tidy condition; upgrade the Apparatus provided that: any changes as a result of the upgrading to the Apparatus have no adverse impact or no more than a minimal adverse impact on its appearance; and the upgrading imposes no additional burden on the Owner (which includes anything that has an additional adverse effect on the Owner's enjoyment of the Property or that causes additional loss, damage or expense to the Owner; and fell, trim or lop any trees, bushes and other vegetation on the Property which obstruct or interfere with the exercise of the rights in accordance with the SSRAMS, provided that the Operator removes from the Property all timber, wood and vegetation so cut or otherwise deals with it as the Owner directs and leaves the Property properly reinstated in accordance with the SSRAMS and otherwise in a neat and tidy condition; and enter the Property with or without vehicles, plant and equipment to obtain access to any adjoining land over which the Operator has similar rights. Prior to carrying out any Installation Works, the Operator will obtain the approval of the Owner to the SSRAMS for Installation Works at the Property (such approval not to be unreasonably withheld or delayed) provided that where any part of the Property is subject to Third Party Rights, the Operator must also obtain the approval of the party having the benefit of such rights. The Operator will not carry out any Installation Works nor install any Apparatus at on or to the Property prior to obtaining such approval(s). The Operator will carry out the Installation Works in accordance with the SSRAMS approved by the Owner in accordance with paragraph 1 above, in a proper and workmanlike manner taking al...
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Code Rights. To exercise any right or remedy available to Mortgagee as a secured party under the Uniform Commercial Code as adopted by the State of Florida, as it from time to time is in force and effect, with respect to any portion of the Collateral then constituting property subject to the provisions of such Code; or Mortgagee, at its option, may elect to treat the Collateral as real property, or an interest therein, for remedial purposes.
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Related to Code Rights

  • Use Rights The Use Rights in effect when Customer orders Software will apply to Customer’s use of the version of the Software that is current at the time. For future versions and new Software, the Use Rights in effect when those versions and Software are first released will apply. Changes Microsoft makes to the Use Rights for a particular version will not apply unless Customer chooses to have those changes apply.

  • Carriage Rights a) The parties to settlement discussions shall be the central parties. The Crown may participate in settlement discussions.

  • License Rights Subject to the terms and conditions of this ▇▇▇▇ and payment of applicable fees, Honeywell hereby grants a limited, revocable, non-exclusive, non-assignable, non-transferable, non-sublicensable right and license to use the Software in object code form, and any related Documentation for such Software solely: (i) in the form made available by Honeywell and in accordance with the Documentation; (ii) for User’s internal business purposes, including, for example, use by User’s authorized employees, related entities, contractors, or representatives who have been informed of and agree to comply with the terms of this ▇▇▇▇ (“Authorized End Users”); and (iii) in accordance with any express limitations on the number of Authorized End Users, accounts, assets, sites or other usage metrics set forth in the Documentation or any written agreement with Honeywell or an authorized licensor (collectively, “Software Use Rights”). Upon termination or expiration of the applicable order, subscription license term, and/or this ▇▇▇▇, User’s license to the Software and Documentation terminate immediately and User will stop using the Software and Documentation and return, destroy or delete, as directed by ▇▇▇▇▇▇▇▇▇, all copies of the Software and associated keys. User is responsible for its Authorized End Users’ compliance with this EULA.

  • Veto rights 6.3.4.1 A Member which can show that its own work, time for performance, costs, liabilities, intellectual property rights or other legitimate interests would be severely affected by a decision of the Steering Committee may exercise a veto with respect to the corresponding decision or relevant part of the decision. 6.3.4.2 When the decision is foreseen on the original agenda, a Member may veto such a decision during the meeting only. 6.3.4.3 When a decision has been taken on a new item added to the agenda before or during the meeting, a Member may veto such decision during the meeting and within 15 days after the draft minutes of the meeting are sent. 6.3.4.4 In case of exercise of veto, the Members shall make every effort to resolve the matter which occasioned the veto to the general satisfaction of all Members. 6.3.4.5 A Party may not veto decisions relating to its identification as a Defaulting Party. The Defaulting Party may not veto decisions relating to its participation and termination in the Partnership or the consequences of them. 6.3.4.6 A Party requesting to leave the Partnership may not veto decisions relating thereto.

  • Sublicense Rights Licensee shall not have the right to grant sublicenses under the licenses granted to it under Section 2.1(a) (Development and Commercialization License to Licensee) and Section 6.3(d) (Use of Coherus Trademark), without the prior written consent of Coherus, which consent may be withheld [***], except with respect to [***], in which case [***]. For the avoidance of doubt, it shall be [***] with respect to [***]. If Coherus consents in writing to allow Licensee to grant a sublicense, then Licensee may grant such sublicense, through [***], subject to the following: (a) each Sublicensee shall agree to be bound by all of the applicable terms and conditions of this Agreement; (b) the terms of each sublicense granted by Licensee shall provide that the Sublicensee shall be subject to the terms and conditions of this Agreement; (c) Licensee’s grant of any sublicense shall not relieve Licensee from any of its obligations under this Agreement; (d) Licensee shall be liable for any breach of a sublicense by a Sublicensee to the extent that such breach would constitute a breach of this Agreement, and any breach of the sublicense by such Sublicensee shall be deemed a breach of this Agreement by Licensee to the extent that such breach would constitute a breach of this Agreement as if Licensee had committed such breach; provided, however, that in each instance of any breach, Licensee and/or Sublicensee shall have the right to cure any such breach pursuant to the terms of this Agreement; and (e) Licensee will notify Coherus of the identity of any Sublicensee, and the territory in which it has granted such sublicense, promptly after entering into any sublicense. Notwithstanding anything to the contrary in this Agreement, for clarity, Licensee shall not have the right to grant sublicenses under Section 2.1 (License Grants) to any Third Party to Manufacture Products or to conduct Process Development.