RIGHTS OF LENDER ON DEFAULT. If there is a default under this Note, Lender will be entitled to exercise one or more of the following remedies without notice or demand (except as required by law):
RIGHTS OF LENDER ON DEFAULT. If there is a default under this Note, Lender will be entitled to exercise one or more of the following remedies without notice or demand (except as required by law): (a) to cease making additional advances under this Note; (b) to declare the principal amount plus accrued interest under this Note and all other present and future obligations of Borrower immediately due and payable in full; (c) to collect the outstanding obligations of Borrower with or without resorting to judicial process; (d) to take possession of any collateral in any manner permitted by law; (e) to require Borrower to deliver and make available to Lender any collateral at a place reasonably convenient to Borrower and Lender; (f) to sell, lease or otherwise dispose of any collateral and collect any deficiency balance with or without resorting to legal process; (g) to set-off Borrower's obligations against any amounts due to Borrower including, but not limited to, monies, instruments, and deposit accounts maintained with Lender; and (h) to exercise all other rights available to Lender under any other written agreement or applicable law. Lender's rights are cumulative and may be exercised together, separately, and in any order. Lender's remedies under this paragraph are in addition to those available at common law, including, but not limited to, the right of set-off.
RIGHTS OF LENDER ON DEFAULT. If there is a default under this Guaranty, Lender shall be entitled to exercise one or more of the following remedies without notice or demand (except as required by law):
RIGHTS OF LENDER ON DEFAULT. In the event of a default hereunder, at the option of the Lender, this Agreement shall terminate without prejudice to the Lender's rights hereunder, and without notice to the Borrowers of any kind, and any or all of the Liabilities may, at the option of the Lender and without demand or notice of any kind, be declared by tender, and the same shall become, immediately due and payable, and the Lender shall have, in addition to all other rights and remedies which the Lender may have under law, the following rights and remedies all of which may be exercised with or without further notice to the Borrowers: (a) to foreclose the liens and security interests created under this Agreement or under any other agreements relating to the Collateral by any available judicial or non-judicial procedure; (b) to enter any premises where any Collateral may be located for the purpose of taking possession of or removing the same; or (c) to sell, assign, lease or otherwise dispose of the Collateral, or any part thereof, either at public or private sale or at any broker's board, in lots or in bulk for cash, on credit, or otherwise, with or without representations or warranties, and upon such terms as shall be acceptable to the Lender, all at the Lender's sole option and as the Lender in its sole discretion may deem advisable, and the Lender may bid upon or become purchaser at any such sale if public, free from any right of redemption, which is hereby expressly waived by the Borrowers, and the Lender shall have the right at its option to apply or be credited with the amount of all or any part of the Liabilities owing to the Lender against the purchase price bid by the Lender at any such sale. The Borrowers and Lender expressly acknowledge and agree that five (5) days' prior written notice from the Lender to the Borrowers of any such sale of Collateral shall satisfy the notice requirements of O.C.G.A. Section 11-9-504 or any applicable successor provision. The net cash proceeds resulting from the collection, liquidation, sale, lease or other disposition of the Collateral shall be applied first to the expenses (including all attorney's fees) of retaking, holding, storing, processing and preparing for sale, selling, collecting, liquidating and the like, and then to the satisfaction of all Liabilities, with application as to particular Liabilities or against principal or interest to be in the Lender's sole and absolute discretion. The Borrowers shall be liable to the Lender and shall p...
RIGHTS OF LENDER ON DEFAULT. In addition to any other rights provided by the governing law of this Agreement but subject to Section 3.1(b) (Disbursement by Xxxxxx), at any time after an Event of Default (unless that Event of Default has been expressly waived by Xxxxxx in writing), Lender may do all or any of the following:
RIGHTS OF LENDER ON DEFAULT. If there is a default under this Agreement not timely cured Lender shall be entitled to exercise one or more of the following remedies without notice or demand (except as required by law):
RIGHTS OF LENDER ON DEFAULT. 6.1. Upon the occurrence of an Event of Default, Lender shall have all the rights and remedies granted a secured party under the Arizona Uniform Commercial Code or under the Note or this Agreement, including, without limitation, the right to do or perform any or all of the following:
RIGHTS OF LENDER ON DEFAULT. If there is a default under this Agreement or any of the Loan Documents, Lender shall be entitled to exercise one or more of the following remedies without notice, presentment or demand (except as required by law):
RIGHTS OF LENDER ON DEFAULT. Upon the occurrence of any of the Events of Default enumerated in Section 8 hereof, the obligations of the Lender under this Agreement may be immediately terminated, and all indebtedness evidenced by the Credit Note shall immediately become due and payable, at the option of the Lender. Borrower agrees that the rights and remedies herein are cumulative, and not exclusive, and that Lender shall have in addition any rights or remedies which it would otherwise have at law, including rights of offset.
RIGHTS OF LENDER ON DEFAULT. If there is a default under this Guaranty, Lander shall be entitled to exercise one or more of the following remedies without notice or demand (except as required by law):
