Common use of Non-Judicial Enforcement Clause in Contracts

Non-Judicial Enforcement. The Agent may enforce its rights hereunder without prior judicial process or judicial hearing, and to the extent permitted by law each Obligor expressly waives any and all legal rights which might otherwise require the Agent to enforce its rights by judicial process.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Willbros Group Inc), Master Pledge Agreement (Willbros Group Inc)

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Non-Judicial Enforcement. The To the extent permitted by applicable law, the Agent may enforce its rights hereunder without prior judicial process or judicial hearing, and to the extent permitted by law law, each Obligor expressly waives any and all legal rights which might otherwise require the Agent to enforce its rights by judicial process.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Hornbeck Offshore Services Inc /La), Guaranty and Security Agreement

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