Common use of Foreclosure/Repurchase Clause in Contracts

Foreclosure/Repurchase. Exercise all those rights and remedies allowed to secured parties by all applicable laws, including without limitation the Kentucky Uniform Commercial Code and the Uniform Commercial Code as enacted in any other jurisdiction in which the Collateral or any portion thereof may be located.

Appears in 1 contract

Sources: Warehousing Credit Agreement (Washtenaw Group Inc)

Foreclosure/Repurchase. Exercise all those rights and remedies allowed to secured parties by all applicable laws, including without limitation the Kentucky Uniform Commercial Code and the Uniform Commercial Code uniform commercial code as enacted in any other jurisdiction in which the Collateral or any portion thereof may be located.

Appears in 1 contract

Sources: Warehousing Credit Agreement (United Financial Mortgage Corp)