Common use of Remedies Upon Occurrence of an Event of Default Clause in Contracts

Remedies Upon Occurrence of an Event of Default. 7.1 Remedies; Obtaining the Collateral Upon Default. Each Assignor agrees that, if any Event of Default shall have occurred and be continuing, then and in every such case, the Collateral Agent, in addition to any rights now or hereafter existing under applicable law and under the other provisions of this Agreement, shall have all rights as a secured creditor under any UCC, and such additional rights and remedies to which a secured creditor is entitled under the laws in effect in all relevant jurisdictions and may:

Appears in 3 contracts

Samples: Security Agreement (Davis-Standard CORP), Security Agreement (Silgan Holdings Inc), Us Security Agreement (Silgan Holdings Inc)

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Remedies Upon Occurrence of an Event of Default. 7.1 Remedies; Obtaining the Collateral Upon Default. Each Assignor agrees that, if any Event of Default shall have occurred and be continuing, then and in every such case, the Collateral Agent, in addition to any rights now or hereafter existing under applicable law and under the other provisions of this Agreement, shall have all rights as a secured creditor under any UCC, and such additional rights and remedies to which a secured creditor is entitled under the laws in effect in all relevant jurisdictions and maymay to the fullest extent permitted by applicable law:

Appears in 2 contracts

Samples: Security Agreement (Dominos Inc), Security Agreement (Dominos Inc)

Remedies Upon Occurrence of an Event of Default. 7.1 Remedies; Obtaining the Collateral Upon Default. Each Assignor agrees that, if any Noticed Event of Default shall have occurred and be continuing, then and in every such case, the Collateral Agent, in addition to any rights now or hereafter existing under applicable law and under the other provisions of this Agreement, shall have all rights as a secured creditor under any UCC, and such additional rights and remedies to which a secured creditor is entitled under the laws in effect in all relevant jurisdictions and may:

Appears in 1 contract

Samples: Security Agreement (Westborn Service Center, Inc.)

Remedies Upon Occurrence of an Event of Default. 7.1 6.1 Remedies; Obtaining the Collateral Upon Default. Each Assignor agrees that, if any Event of Default shall have occurred and be continuing, then and in every such case, the Collateral AgentSecured Party, in addition to any rights now or hereafter existing under applicable law and under the other provisions of this Agreement, shall have all rights as a secured creditor under any UCC, and such additional rights and remedies to which a secured creditor is entitled under the laws in effect in all relevant jurisdictions and may:

Appears in 1 contract

Samples: Security Agreement (Neon Systems Inc)

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Remedies Upon Occurrence of an Event of Default. 7.1 7.1. Remedies; Obtaining the Collateral Upon an Event of Default. Each Assignor agrees that, if any Event of Default shall have occurred and be continuing, then and in every such case, the Collateral Agent, in addition to any rights now or hereafter existing under applicable law and under the other provisions of this Agreement, shall have all rights as a secured creditor under any UCC, and such additional rights and remedies to which a secured creditor is entitled under the laws in effect in all relevant jurisdictions and may:

Appears in 1 contract

Samples: Security Agreement (VHS of Anaheim Inc)

Remedies Upon Occurrence of an Event of Default. 7.1 Remedies; Obtaining the Collateral Upon Default. Each Assignor agrees that, if any Event of Default shall have occurred and be continuing, then and in every such case, the First-Lien Collateral Agent, in addition to any rights now or hereafter existing under applicable law and under the other provisions of this Agreement, shall have all rights as a secured creditor under any UCC, and such additional rights and remedies to which a secured creditor is entitled under the laws in effect in all relevant jurisdictions and may:

Appears in 1 contract

Samples: Security Agreement (RCN Corp /De/)

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