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 5.6 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.1(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 Notes, Pledged Treasury Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definition of such term) in full satisfaction of the Holders' obligations under the Warrants and the Warrant Agreement or (2) sale of the Pledged Notes, Pledged Treasury Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definition of such term) in one or more public or private sales.

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in SECTION 5.6 Section 5.06 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.1(b7.01(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 [Subordinated] Notes, Pledged Treasury Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definition of such term) in full satisfaction of the Holders' obligations under the Warrants Purchase Contracts and the Warrant Purchase Contract Agreement or (2) sale of the Pledged [Subordinated] Notes, Pledged Treasury Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definition of such term) in one or more public or private sales.

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in SECTION 5.6 Sections 5.5 and 5.7 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.1(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 Notes, Pledged Treasury Securities [or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definition of such term) ), as the case may be,] in full satisfaction of the Holders' ’ obligations under the Warrants and the Warrant Agreement Purchase Contracts or (2) sale of the Pledged Notes, Pledged Treasury Securities [or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definition of such term) ), 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.

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in SECTION 5.6 Section 5.06 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.1(b7.01(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 Notes, Pledged Treasury Securities or the appropriate Pledged Applicable Ownership Interest Interests (as specified in clause (A) of the definition of such term) in full satisfaction of the Holders' obligations under the Warrants Purchase Contracts and the Warrant Purchase Contract Agreement or (2) sale of the Pledged Notes, Pledged Treasury Securities or the appropriate Pledged Applicable Ownership Interest Interests (as specified in clause (A) of the definition of such term) in one or more public or private sales.