Common use of Rights and Remedies of the Collateral Agent Clause in Contracts

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders’ obligations under the Purchase Contracts and the Purchase Contract Agreement or (2) sale of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private sales.

Appears in 9 contracts

Samples: Pledge Agreement (Public Service Co of New Mexico), Pledge Agreement (Pmi Group Inc), Pledge Agreement (PNM Resources Inc)

AutoNDA by SimpleDocs

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement or (2) sale of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private sales.

Appears in 7 contracts

Samples: Pledge Agreement (PNM Resources Inc), Pledge Agreement (Hartford Financial Services Group Inc/De), Pledge Agreement (Chubb Corp)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 hereof 6.04 or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below8.01(b)) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Trades Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes, Notes or the Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders’ Trust’s or the Property Trustee’s obligations under the Stock Purchase Contracts and the Stock Purchase Contract Agreement or (2) sale of the Pledged Senior Notes, Notes or the Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private salessales as permitted by applicable law.

Appears in 5 contracts

Samples: Collateral Agreement (Us Bancorp \De\), Collateral Agreement (Bank of America Corp /De/), Collateral Agreement (Us Bancorp \De\)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 Sections 5.5 and 5.7 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b7.1(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the [Pledged Senior Notes, Preferred Securities,] [Pledged Treasury Securities Securities] or the applicable Pledged appropriate Applicable Ownership Interests Interest (as specified in clause (A) of the definition of such term)] Pledged Notes[, as the case may be,] in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement or (2) sale of the [Pledged Senior Notes, Preferred Securities,] [Pledged Treasury Securities Securities] or the applicable Pledged appropriate Applicable Ownership Interests Interest (as specified in clause (A) of the definition of such term)] Pledged Notes[, as the case may be] in one or more public or private salessales and application of the proceeds in full satisfaction of the Holders' obligations under the Purchase Contracts.

Appears in 5 contracts

Samples: Pledge Agreement (American Electric Power Co Inc), Pledge Agreement (American Electric Power Co Inc), Pledge Agreement (American Electric Power Co Inc)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 hereof 6.04 or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below8.01(b)) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Trades Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes, Notes or the Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders’ Issuer Trust’s or the Property Trustee’s obligations under the Stock Purchase Contracts and the Stock Purchase Contract Agreement or (2) sale of the Pledged Senior Notes, Notes or the Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private salessales as permitted by applicable law.

Appears in 4 contracts

Samples: Collateral Agreement (Suntrust Banks Inc), Collateral Agreement (Goldman Sachs Capital Iii), Collateral Agreement (Goldman Sachs Capital Ii)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes, Pledged Treasury Securities or the applicable appropriate Pledged Applicable Ownership Interests in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement or (2) sale of the Pledged Senior Notes, Pledged Treasury Securities or the applicable appropriate Pledged Applicable Ownership Interests in one or more public or private sales.

Appears in 3 contracts

Samples: Pledge Agreement (Apco Argentina Inc/New), Pledge Agreement (Sempra Energy), Pledge Agreement (Keyspan Corp)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Trades Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes, Trust Preferred Securities or the Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders' obligations under the Stock Purchase Contracts and the Stock Purchase Contract Agreement or (2) sale of the Pledged Senior Notes, Trust Preferred Securities or the Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private sales.

Appears in 3 contracts

Samples: Pledge Agreement (Metlife Inc), Pledge Agreement (Metlife Inc), Pledge Agreement (Metlife Inc)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 4.07 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1i) retention of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement or (2ii) sale of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private salessales and application of the proceeds in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement shall be deemed to have been satisfied in full.

Appears in 2 contracts

Samples: Pledge Agreement (Oneok Inc /New/), Pledge Agreement (Oneok Inc /New/)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Trades Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes, STACKS or the Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders’ obligations under the Stock Purchase Contracts and the Stock Purchase Contract Agreement or (2) sale of the Pledged Senior Notes, STACKS or the Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private sales.

Appears in 1 contract

Samples: Pledge Agreement (Marshall & Ilsley Corp/Wi/)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders' obligations under the Purchase Contracts Warrants and the Purchase Contract Warrant Agreement or (2) sale of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private sales.

Appears in 1 contract

Samples: Pledge Agreement (Chubb Corp)

AutoNDA by SimpleDocs

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 hereof set forth herein or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b13.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders’ obligations under the Purchase Contracts and the Purchase Contract Agreement or (2) sale of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private sales.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Southern Union Co)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 hereof set forth herein or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below7.1(b)) hereunder, the Collateral Agent shall have Pledge Agreement all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior NotesDebentures of the applicable series (or, if such Pledged Debentures shall have been sold in a Successful Remarketing, of the Pledged Treasury Portfolio) or the Pledged Treasury Securities of the applicable series or (2) sale of such Pledged Debentures, Pledged Treasury Portfolio or Pledged Treasury Securities in one or the applicable Pledged Applicable Ownership Interests more public or private sales, in either case in full satisfaction of the Holders’ obligations under the Stock Purchase Contracts and the Purchase Contract Agreement or (2) sale of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private salesAgreement.

Appears in 1 contract

Samples: Pledge Agreement (American International Group Inc)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement or (2) sale of the Pledged Senior Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private sales.

Appears in 1 contract

Samples: Pledge Agreement (Phoenix Companies Inc/De)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 Sections 5.5 and 5.7 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b7.1(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the [Pledged Senior Notes, Preferred Securities,] [Pledged Treasury Securities Securities] or the applicable Pledged appropriate Applicable Ownership Interests Interest (as specified in clause (A) of the definition of such term)] Pledged Notes[, as the case may be,] in full satisfaction of the Holders’ obligations under the Purchase Contracts and the Purchase Contract Agreement or (2) sale of the [Pledged Senior Notes, Preferred Securities,] [Pledged Treasury Securities Securities] or the applicable Pledged appropriate Applicable Ownership Interests Interest (as specified in clause (A) of the definition of such term)] Pledged Notes[, as the case may be] in one or more public or private salessales and application of the proceeds in full satisfaction of the Holders’ obligations under the Purchase Contracts.

Appears in 1 contract

Samples: Pledge Agreement (PPL Capital Funding Inc)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 5.5 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b7.1 (b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1i) retention of the Pledged Senior NotesDebt Securities, Pledged Treasury Portfolio Interest or Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement or (2ii) sale of the Pledged Senior NotesDebt Securities, Pledged Treasury Portfolio Interest or Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private sales.

Appears in 1 contract

Samples: Pledge Agreement (Dqe Capital Corp)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.07 4.07 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES Regulations and such additional rights and remedies to which a secured party is entitled under the laws in effect in any jurisdiction where any rights and remedies hereunder may be asserted. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1i) retention of the Pledged Senior Subordinated Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement or (2ii) sale of the Pledged Senior Subordinated Notes, Pledged Treasury Securities or the applicable Pledged Applicable Ownership Interests in one or more public or private salessales and application of the proceeds in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement shall be deemed to have been satisfied in full.

Appears in 1 contract

Samples: Pledge Agreement (Oneok Inc /New/)

Time is Money Join Law Insider Premium to draft better contracts faster.