Defaults and Remedies; Proxy. (a) Upon the occurrence and during the continuance of an Event of Default, to the extent permitted by law, the Collateral Agent may exercise in respect of the Pledged Collateral, in addition to other rights and remedies provided for in this Agreement or otherwise available to it, all the rights and remedies of a secured party under the UCC (whether or not the UCC applies to the affected Pledged Collateral).
Appears in 6 contracts
Samples: Pledge Agreement (Cinedigm Digital Cinema Corp.), Pledge Agreement (Cinedigm Digital Cinema Corp.), Pledge Agreement (Cinedigm Digital Cinema Corp.)