Common use of REMEDIES IN CASE OF AN EVENT OF DEFAULT Clause in Contracts

REMEDIES IN CASE OF AN EVENT OF DEFAULT. Subject to the Intercreditor Agreement, upon the occurrence and during the continuance of an Event of Default, the Pledgee shall be entitled to exercise all of the rights, powers and remedies (whether vested in it by this Agreement, the Loan Agreement, any other Loan Documents, and/or in equity or by law, and including, without limitation, all rights and remedies of a secured party of a debtor in default under the Code) for the protection and enforcement of its rights in respect of the Pledged Collateral, and to the fullest extent permitted by applicable law, the Pledgee shall be entitled, without limitation, to exercise the following rights, which the Pledgor hereby agrees to be commercially reasonable:

Appears in 4 contracts

Samples: Pledge Agreement (Viskase Companies Inc), Pledge Agreement (Viskase Companies Inc), Pledge Agreement (Viskase Companies Inc)

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REMEDIES IN CASE OF AN EVENT OF DEFAULT. (i) Subject to the Intercreditor Agreement, upon the occurrence and during the continuance of an Event of Default, the Pledgee shall be entitled to exercise all of the rights, powers and remedies (whether vested in it by this Agreement, the Loan AgreementIndenture, any other Loan Indenture Documents, and/or in equity or by law, and including, without limitation, all rights and remedies of a secured party of a debtor in default under the Code) for the protection and enforcement of its rights in respect of the Pledged Collateral, and to the fullest extent permitted by applicable law, the Pledgee shall be entitled, without limitation, to exercise the following rights, which the each Pledgor hereby agrees to be commercially reasonable:

Appears in 2 contracts

Samples: Pledge Agreement (Viskase Companies Inc), Pledge Agreement (Viskase Companies Inc)

REMEDIES IN CASE OF AN EVENT OF DEFAULT. Subject to the Intercreditor Agreement, upon the occurrence and during the continuance of In case an Event of DefaultDefault occurs or exists, the Pledgee shall be entitled to exercise all of the rights, powers and remedies (whether vested in it by this Agreement, the Loan Agreement, any other Loan Documents, and/or in equity or by law, and including, without limitation, all rights and remedies of a secured party of a debtor in default under the CodeUCC) for the protection and enforcement of its rights in respect of the Pledged Collateral, and to the fullest extent permitted by applicable law, the Pledgee shall be entitled, without limitation, to exercise the following rights, which the Pledgor hereby agrees to be commercially reasonable:

Appears in 1 contract

Samples: Pledge Agreement (HydroGen CORP)

REMEDIES IN CASE OF AN EVENT OF DEFAULT. Subject to the Intercreditor Agreement, upon Upon the occurrence and during the continuance of an Event of Default, the Pledgee shall be entitled to exercise all of the rights, powers and remedies (whether vested in it by this Agreement, the Loan Agreement, any other Loan Documents, and/or in equity or by law, and including, without limitation, all rights and remedies of a secured party of a debtor in default under the Code) for the protection and enforcement of its rights in respect of the Pledged Collateral, and to the fullest extent permitted by applicable law, the Pledgee shall be entitledentitled (but shall not be obligated), without limitation, to exercise the following rights, which the each Pledgor hereby agrees to be commercially reasonable:

Appears in 1 contract

Samples: Pledge Agreement (Empire Resorts Inc)

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REMEDIES IN CASE OF AN EVENT OF DEFAULT. Subject to the Intercreditor Agreement, upon Upon the occurrence and during the continuance of an Event of Default, the Pledgee shall be entitled to exercise all of the rights, powers and remedies (whether vested in it by this Agreement, the Loan AgreementIndenture, any other Loan Indenture Documents, and/or in equity or by law, and including, without limitation, all rights and remedies of a secured party of a debtor in default under the Code) for the protection and enforcement of its rights in respect of the Pledged Collateral, and to the fullest extent permitted by applicable law, the Pledgee shall be entitledentitled (but shall not be obligated), without limitation, to exercise the following rights, which the each Pledgor hereby agrees to be commercially reasonable:

Appears in 1 contract

Samples: Pledge Agreement (Empire Resorts Inc)

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