Lender Rights and Remedies. Upon the occurrence of an Event of Default, the Lender shall, as a secured party under the UCC or as otherwise provided at law or in equity, have all rights, powers and remedies set forth herein relating to any of the Obligations of the Borrower. Without limiting the generality of the foregoing, the Lender may, at its option upon the occurrence of an Event of Default, demand the Loan Amount plus all accrued Interest to be immediately due and payable.
Lender Rights and Remedies. 9.1. Upon the occurrence of an Event of Default and the expiration of any applicable Default Notice/Cure Period with respect thereto as set forth in Section 8.1, the Lender shall be entitled to immediately exercise any or all of the following rights and remedies, and the automatic stay provided under Section 362 of the Bankruptcy Code shall be deemed lifted or modified to the extent necessary to allow the Lender to take the actions described in this Section
Lender Rights and Remedies. The Lender shall have the rights and remedies of a secured party under the UCC and other applicable laws, in addition to any rights and remedies described herein, the choice and the manner of exercise of any right or remedy being in the Lender's sole discretion, and the Lender may, at all times, proceed directly against Borrower or any Person now or hereafter liable for any of the Obligations, and the Lender shall not be required to take any action to preserve, collect or protect the rights of either the Lender or Borrower in the Collateral.
Lender Rights and Remedies. In the case of non-payment as specified in Sections 5.4 and 5.5 of this Agreement, the Lender shall, as a secured party under the Uniform Commercial Code or as otherwise provided at law or in equity, have all rights, powers and remedies set forth herein relating to any of the obligations of the Borrower.
Lender Rights and Remedies. The security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to Lender pursuant to the Loan Agreement and Pledgor hereby acknowledges and agrees that the rights and remedies of Lender with respect to the security interest in the Intellectual Property Collateral made and granted hereby are more fully set forth in the Loan Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein.
Lender Rights and Remedies. In the case of occurrence of an Event of Default, the Lender shall, as a secured party under the Uniform Commercial Code or as otherwise provided at law or in equity, have all rights, powers and remedies set forth herein relating to any of the Obligations of the Borrower. Without limiting the generality of the foregoing, the Lender may, at its option upon the occurrence of an Event of Default, demand the Loan Amount plus all accrued Interest to be immediately due and payable.
Lender Rights and Remedies. The rights, remedies, powers, and privileges of the Lender hereunder (hereinafter, the “Lender’ Rights and Remedies”) shall be cumulative and not exclusive of any rights or remedies which it would otherwise have. No delay or omission by any First Lien Creditor in exercising or enforcing any of the Lender’ Rights and Remedies shall operate as, or constitute, a waiver thereof. No waiver by any First Lien Creditor of any of the Lender’ Rights and Remedies or of any ‘default or remedy under any other agreement with the Borrower or any Junior Loan Creditor shall operate as a waiver of any other default hereunder or thereunder. No exercise of the Lender’ Rights and Remedies and no other agreement or transaction, of whatever nature, entered into between any First Lien Creditor and the Junior Loan Creditors and/or between any First Lien Creditor and the Borrower at any time shall preclude any other or further exercise of the Lender’ Rights and Remedies. No waiver by any First Lien Senior Creditor of any of the Lender’ Rights and Remedies on any one occasion shall be deemed a continuing waiver. All of the Lender’ Rights and Remedies and all of the Lender’ rights, remedies, powers, and privileges under any other agreement with the Junior Loan Creditors and/or the Borrower shall be cumulative, and not alternative or exclusive, and may be exercised by the Lender at such time or times and in such order of preference as the Lender in their sole discretion may determine.
Lender Rights and Remedies
