Rights Under the Code Sample Clauses
The "Rights Under the Code" clause defines the specific legal rights and protections that parties have under a particular code, such as a commercial or civil code. It typically outlines which rights are granted, how they may be exercised, and any limitations or conditions that apply. For example, it may clarify a party’s right to enforce a contract, seek remedies, or rely on statutory protections. The core function of this clause is to ensure that all parties understand the legal framework governing their relationship, thereby reducing ambiguity and potential disputes about what rights are available under the relevant code.
Rights Under the Code. With respect to those portions of the Mortgaged Property covered by the Code, Agent may exercise any and all rights granted to a secured party under the Code.
Rights Under the Code. Without waiving any of its other rights hereunder or under any other Loan Document or applicable law, the Lenders shall have all rights and remedies of a secured party under the Code (and the Uniform Commercial Code of any other applicable jurisdiction) and such other rights and remedies as may be available hereunder, under other applicable law or pursuant to contract.
Rights Under the Code. The Secured Party may exercise in respect of the Collateral, in addition to the other rights and remedies provided for herein or in any other Loan Document or otherwise available to it, all the rights and remedies of a secured party under the Code (whether or not the Code applies to the affected Collateral);
Rights Under the Code. Without waiving any of its other rights hereunder or under any other Loan Document or applicable law, Lender shall have all rights and remedies of a secured party under the Code (and the Uniform Commercial Code of any other applicable jurisdiction) and such other rights and remedies as may be available hereunder, under other applicable law or pursuant to contract.