Common use of Code Rights Clause in Contracts

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.

Appears in 3 contracts

Sources: Note and Security Agreement (HLM Design Inc), Note and Security Agreement (HLM Design Inc), Note and Security Agreement (Murdock Communications Corp)