Declared default. Any Obligor is declared by the Minister for Finance of Singapore to be a company to which Part IX of the Companies Act, Chapter 50 of Singapore applies.
Declared default. Upon the occurrence of an Event of Default, Fleet shall have in any jurisdiction where enforcement is sought, in addition to all other rights and remedies which Fleet may have under law and equity, the following rights and remedies, all of which may be exercised with or without further notice to Borrower and without a prior judicial or administrative hearing or notice, which notice and hearing are expressly waived: (a) to enforce or foreclose the liens and security interests created under the Loan Documents, this Agreement or under any other agreement relating to the Collateral by any available judicial procedure or without judicial process, (b) to enter any premises where any Collateral may be located for the purpose of taking possession or removing the same, (c) to sell, assign, lease, or otherwise dispose of Collateral or any part thereof, either at public or private sale, in lots or in bulk, for cash, on credit or otherwise, with or without representations or warranties, and upon such terms as shall be acceptable to Fleet, all at Fleet's sole option and as it in its sole discretion may deem advisable, (d) to bid or become purchaser at any such sale if public, free from any right of Borrower of redemption, after sale, which is expressly waived by Borrower, and (e) at the option of Fleet, to apply or be credited with the amount of all or any part of the Obligations owing to Fleet against the purchase price bid by Fleet at any such sale. 8.03
Declared default. Upon the occurrence of an Event of Default, Fleet ---------------- shall have in any jurisdiction where enforcement is sought, in addition to all other rights and remedies which Fleet may have under law and equity, the following rights and remedies, in the event a security interest shall be granted to Fleet pursuant to the terms of this Agreement, all of which may be exercised with or without further notice to Borrower and without a prior judicial or administrative hearing or notice, which notice and hearing are expressly waived: (a) to enforce or foreclose the liens and security interests created under the Loan Documents, this Agreement or under any other agreement relating to any of the Borrower's business assets by any available judicial procedure or without judicial process, (b) to enter any premises where any of the Borrower's business assets may be located for the purpose of taking possession or removing the same, (c) to sell, assign, lease, or otherwise dispose of any of the Borrower's business assets or any part thereof, either at public or private sale, in lots or in bulk, for cash, on credit or otherwise, with or without representations or warranties, and upon such terms as shall be acceptable to Fleet, all at Fleet's sole option and as it in its sole discretion may deem advisable, (d) to bid or become purchaser at any such sale if public, free from any right of Borrower of redemption, after sale, which is expressly waived by Borrower, and (e) at the option of Fleet, to apply or be credited with the amount of all or any part of the Obligations owing to Fleet against the purchase price bid by Fleet at any such sale.
