Common use of Lenders Rights and Remedies Clause in Contracts

Lenders Rights and Remedies. Upon the occurrence of an Event of Default, Lender shall not have any further obligation to advance money or extend credit to or for the benefit of Borrower and may exercise all rights and remedies as set forth in the Agreement or otherwise provided by law.

Appears in 3 contracts

Samples: Subordination Agreement (Twinlab Consolidated Holdings, Inc.), Note and Warrant Purchase Agreement (Twinlab Consolidated Holdings, Inc.), Note and Warrant Purchase Agreement (Twinlab Consolidated Holdings, Inc.)

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Lenders Rights and Remedies. Upon the occurrence of an Event of Default, Lender shall not have any further obligation to advance money or extend credit to or for the benefit of Borrower and may exercise all rights and remedies as set forth in the Agreement Agreement, including without limitation, the Mortgage, or otherwise provided by law.

Appears in 1 contract

Samples: Subordination Agreement (Twinlab Consolidated Holdings, Inc.)

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