Common use of Powers and Rights of Mortgagee Upon Notice of Default Clause in Contracts

Powers and Rights of Mortgagee Upon Notice of Default. During the occurrence and continuance of an Event of Default, Mortgagee shall have the following powers and rights:

Appears in 4 contracts

Samples: Noble Drilling Corp, R&b Falcon Corp, R&b Falcon Corp

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Powers and Rights of Mortgagee Upon Notice of Default. During the occurrence and continuance of an Event of DefaultDefault and after the acceleration of the Senior Secured Notes, Mortgagee shall have the following powers and rights:

Appears in 2 contracts

Samples: First Preferred Fleet (HWCC Shreveport Inc), HWCC Shreveport Inc

Powers and Rights of Mortgagee Upon Notice of Default. During the occurrence and continuance of an Event of DefaultDefault and after the acceleration of the New Notes, Mortgagee shall have the following powers and rights:

Appears in 1 contract

Samples: Shreveport Capital Corp

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Powers and Rights of Mortgagee Upon Notice of Default. During the occurrence and continuance of an Event of DefaultDefault and after the acceleration of the Notes, Mortgagee shall have the following powers and rights:

Appears in 1 contract

Samples: First Preferred (HWCC Shreveport Inc)

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