Default Rights and Remedies. If an Event of Default exists, the Agent shall have the following rights and remedies:
Default Rights and Remedies. All cash and investments held by or to the order of PSIL on your behalf will be subject to a first fixed charge (with full title guarantee) and a general lien and right of set-off with respect to all cash, investments or other assets of any description paid or delivered (or which are due to be paid or delivered) to PSIL for your account in settlement of any transaction. You warrant that all such cash, investments or other assets are beneficially owned by you or are paid or delivered to PSIL with the beneficial owner’s consent and free and clear from any charge, lien or encumbrance and that you will not charge, assign or otherwise dispose of cover or create any interest in such cash, investments or other assets other than in accordance with these terms without PSIL’s prior consent. You agree, at XXXX’s request, to take such action as PSIL may require to perfect or enforce any security interest referred to above and you hereby irrevocably appoint PSIL as your attorney to take any such action on your behalf. You acknowledge and agree that if you fail to comply with any of your obligations under these terms, the security interests referred to above shall be enforceable. In the event of Cantor or PSIL not receiving either cash or investments when due, or in the event of you not taking all such steps as may be necessary to secure the due and prompt execution and settlement of any such transaction (or if PSIL reasonably considers that you have not or are unlikely to perform your obligations under these terms), or in the case where the value of margin/collateral held in respect of extended settlement trades falls below prescribed limits, Cantor or PSIL may cancel, close out, terminate or reverse all or any contracts and sell, charge, pledge or otherwise dispose of any investment held for you, at whatever price and in whatever manner Cantor or PSIL see fit in Cantor’s and or PSIL’s absolute discretion but Xxxxxx shall use reasonable efforts to obtain the best possible result in all the circumstances (without being responsible for any loss or diminution in price) and may enter into any other transaction, or do, or not do anything (including the setting-off or application of client or other monies held for you) which would, or could have the effect of reducing or eliminating any liability under any transaction, position or commitment undertaken for you. For the avoidance of doubt, any asset held for you (including any investment held in safekeeping by PSIL and invest...
Default Rights and Remedies. Where PSIL settles a transaction for your account and you are have failed to make any payment of cash, delivery of securities, or meet any other obligations hereunder:
Default Rights and Remedies. Upon occurrence of any Event of Default Lender may use any of the security described in Paragraphs 7.2 and 7.3 for any purpose for which Borrower could have used it under the Loan Documents or any Related Loan, including applying any funds to payment and performance of Borrower’s obligations under the Loan Documents or under any Related Loan. Lender also shall have all other rights and remedies provided by law regarding the foregoing security including but not limited to the right to foreclose Lender’s security interest in any manner authorized by law.
Default Rights and Remedies. Section 8.1 Event of Default.............................................................................. 84 Section 8.2 Acceleration and Remedies..................................................................... 87 Section 8.3 Performance by Lender......................................................................... 89 Section 8.4
Default Rights and Remedies. Section 8.1
Default Rights and Remedies. In addition to all other rights and remedies which the Township may have at law or in equity upon the occurrence of a Default which has not been cured, the Township shall, to the fullest extent permitted by law, be entitled to the following rights and remedies:
Default Rights and Remedies. (a) The occurrence of any one or more of the following matters consti tutes a Default by Tenant under this Lease:
Default Rights and Remedies. 59 8.1 Event of Default 59 (A) Payment 59 (B) Default in Other Agreements 59 (C) Breach of Certain Provisions 59 (D) Breach of Warranty 59 (E) Other Defaults Under Loan Documents 59 (F) Change in Control 59 (G) Involuntary Bankruptcy; Appointment of Receiver, etc. 59 (H) Voluntary Bankruptcy; Appointment of Receiver, etc. 60 (I) Liens 60 (J) Judgment and Attachments 60 (K) Dissolution 60 (L) Injunction 60 (M) Invalidity of Loan Documents 60 (N) Failure of Security 61 (O) Damage, Strike, Casualty 61 (P) Licenses and Permits 61 8.2 Suspension of Commitments 61 8.3 Acceleration 61 8.4 Remedies 61 8.5 Appointment of Attorney-in-Fact 62 8.6 Limitation on Duty of Administrative Agent, Collateral Agent and Lenders with Respect to Collateral 63 8.7 Application of Proceeds 63 8.8 Waivers, Non-Exclusive Remedies 63
Default Rights and Remedies. 8.1 Event of Default.
