Rights on Event of Default. If an Event of Default has occurred and is continuing, then and in every such case the Security Interests of each Debtor shall become enforceable and the Creditor, in addition to any rights now or hereafter existing under applicable Law may, personally or by agent, at such time or times as the Creditor in its discretion may determine, do any one or more of the following:
Appears in 2 contracts
Samples: General Security Agreement (Psyence Biomedical Ltd.), General Security Agreement (Emtec Inc/Nj)
Rights on Event of Default. If an Event of Default has occurred and is continuing, then and in every such case the Security Interests of each Debtor shall become enforceable and continuing the Creditor, in addition to any rights now or hereafter existing under applicable Law may, personally or by agent, at such time or times as the Creditor in its discretion may determine, do any one or more of the following:
Appears in 1 contract
Rights on Event of Default. If an Event of Default has occurred and is continuing, then and in every such case all of the Obligations shall, at the option of the Creditor, become immediately due and payable and the Security Interests of each Debtor shall become enforceable and the Creditor, in addition to any rights now or hereafter existing under applicable Law law may, personally or by agent, at such time or times as the Creditor in its discretion may determine, do any one or more of the following:
Appears in 1 contract
Samples: General Security Agreement (Universal Security Instruments Inc)
Rights on Event of Default. If an Event of Default has occurred and is continuing, then and in every such case all of the Secured Liabilities of each Debtor shall, at the option of the Creditor, become immediately due and payable and the Security Interests of each Debtor shall become enforceable and the Creditor, in addition to any rights now or hereafter existing under applicable Law may, personally or by agent, at such time or times as the Creditor in its discretion may determine, do any one or more of the following:
Appears in 1 contract
Samples: General Security Agreement (Mad Catz Interactive Inc)
Rights on Event of Default. If an Event of Default has occurred and is continuing, then and in every such case all of the Secured Liabilities shall, at the option of the Creditor, become immediately due and payable and the Security Interests of each Debtor shall become enforceable and the Creditor, in addition to any rights now or hereafter existing under applicable Law may, personally or by agent, at such time or times as the Creditor in its discretion may determine, do any one or more of the following:
Appears in 1 contract
