Secured Party's Rights Upon Default. Upon the occurrence of a default hereunder, or at any time thereafter, the Secured Party may immediately and without notice do any or all of the following, which rights and remedies are cumulative, may be exercised from time to time, and are in addition to any rights and remedies available to the Secured Party under the Loan Agreement or any other Loan Document:
Secured Party's Rights Upon Default. Upon the occurrence of an Event of Default, Secured Party shall have the rights and remedies provided at law, in equity and pursuant to this Agreement. Debtor agrees that any proceeds of the Collateral that are received in connection with any liquidation of the Collateral or otherwise may be applied by Secured Party to the satisfaction of the Secured Obligations and that the surplus, if any, shall be returned to Debtor.
Secured Party's Rights Upon Default. Lender shall, upon the occurrence of an Event of Default and during the continuance of an Event of Default, without presentment, demand, notice, protest or advertisement of any kind have the following rights and remedies in addition to all other rights and remedies of the Lender at law or equity arising under this or any other agreement between the parties or otherwise or afforded by the Uniform Commercial Code as from time to time in effect in the State of California or afforded by other applicable law.
Secured Party's Rights Upon Default. In the event of the occurrence and during the continuance of an Event of Default, the Secured Party may, without the necessity of foreclosure and as a means of substituting collateral, sell, transfer or otherwise dispose of the Ownership Interest or any right therein or any part thereof after ten Business Days' prior written notice to the Debtor, in one or more parcels, at the same or different times, at a public or private sale, or may make any other commercially reasonable disposition of the Ownership Interest or any portion thereof. The Secured Party may purchase the Ownership Interest or any portion thereof. The proceeds of the sale or other disposition shall be applied to the Secured Obligations in such order as set forth in the Note. Any remaining proceeds shall be paid over to the Debtor or others as provided by law.
Secured Party's Rights Upon Default. Upon the occurrence of an Event of Default, the Obligations shall be immediately due and payable without notice or demand and Secured Party shall have, in addition to any and all rights and remedies that Secured Party may then have under the instruments, agreements and documents evidencing the Obligations, the UCC or at law or in equity, at its option, and without further action, the unconditional right to do any one or more of the following:
Secured Party's Rights Upon Default. Upon default and at any time thereafter, Secured Party, without presentment, demand, notice, protest or advertisement of any kind, may:
Secured Party's Rights Upon Default. (a) Upon the occurrence and during the continuation of an Event of Default, the Secured Party may, in its sole discretion, take any of the following actions, in each case at the Debtor's expense, and without prior notice to the Debtor except as required under applicable law:
Secured Party's Rights Upon Default. A. Upon a default hereunder and while such default is continuing, in addition to all other rights and remedies of the Secured Party, whether under law, the Acquisition Agreement or otherwise, all such rights and remedies being cumulative, not exclusive and enforceable alternatively, successively or concurrently, without (except as provided herein) notice to, or consent by, Debtor, the Secured Party shall have the following rights and remedies: (a) all of the rights and remedies with respect to the Collateral of a secured party under the Uniform Commercial Code (whether or not the Code is in effect in the jurisdiction where the rights and remedies are asserted); (b) assign to itself or an affiliated third party the Trademarks solely for the purpose of preserving the Trademarks subject to their later sale, disposition or assignment to a third party as herein provided; (c) Upon 10 days, prior written notice from the Secured Party, Debtor shall not make any further use of the Trademarks or any mark sxxxxar thereto for any purpose; (d) the Secured Party may, at any time and from time to time, upon 10 days, prior notice to Debtor, license, whether on an exclusive or nonexclusive basis, any of the Trademarks, in the United States, for such term or terms, on such conditions, and in such manner, as the Secured Party shall in its sole discretion determine; (e) the Secured Party may, at any time, enforce (and shall have the exclusive right to enforce) against any licensee or sublicensee all rights and remedies of Debtor in, to and under any one or more license agreements with respect to the Collateral, and take or refrain from taking any action under any thereof in accordance with the terms thereof; (f) the Secured Party may, at any time and from time to time, assign, sell or cause to be sold in one or more sales or parcels, at such price as the Secured Party may deem best, with power also to execute assurances, and do, in a reasonably commercial manner, all other acts and things for completing the assignment, sale or disposition, for cash or on credit or for future delivery, without assumption of any credit risk, all or any of the Collateral, at any broker's board or at public or private sale, without demand of performance or notice of intention to sell or of time or place of sale (except such notice as is required by applicable statute and cannot be waived) and the Secured Party or anyone else may be the purchaser of any or all of the Collateral so sold and thereaf...
Secured Party's Rights Upon Default. Subject to the rights of the holders of Senior Indebtedness, upon the occurrence and the continuance of a Default and at any time thereafter, the Secured Party (or its agents), without presentment, demand notice, protest or advertisement of any kind, may, at the expense of Debtor, exercise any rights available to it as a secured party under the California Uniform Commercial Code. Debtor appoints Secured Party, and any officer, employee or agent of the Secured Party, with full power of substitution, as Xxxxxx’s true and lawful attorney-in-fact, with power in its own name or in the name of the Debtor, effective upon the occurrence and during the continuance of an Event of Default (as defined in the Note) and subject to the rights of the holders of Senior Indebtedness set forth in documentation relating to such Senior Indebtedness, including, without limitation, the rights of the holders of Senior Note Indebtedness set forth in that certain Security Agreement dated as of January 31, 2003 executed by the Company in favor of such holders and in those certain 16% Senior Subordinated Secured Notes issued by the Company to such holders and the rights of any holders of Institutional Senior Debt as set forth in any documentation relating thereto, (a) to endorse any notes, checks, drafts, money orders or other instruments of payment in respect of the Collateral that may come into the Secured Party’s possession, (b) to sign and endorse any drafts against Debtor, assignments, verifications and notices in connection with accounts, and other documents relating to the Collateral, (c) to pay or discharge taxes or liens at any time levied or placed upon or threatened against the Collateral, (d) to demand, collect, issue receipt for, compromise, settle and sue for monies due in respect of the Collateral, (e) to notify persons and entities obligated with respect to the Collateral to make payments directly to the Secured Party, and (f) generally, to do, at Secured Party’s option and at Debtor’s expense, at any time, or from time to time, all acts and things which the Secured Party deems necessary to protect, preserve and realize upon the Collateral and Secured Party’s security interest therein to effect the intent of this Agreement, all as fully and effectively as Debtor might or could do; and Debtor hereby ratifies all that said attorney shall lawfully do or cause to be done by virtue hereof. This power of attorney shall be irrevocable until payment in full of the Note in acc...
Secured Party's Rights Upon Default. Upon the occurrence of an Event of Default, the Noteholders, shall have all rights and remedies in and against the Securities, and otherwise, of a secured party under the Uniform Commercial Code as enacted in the State of Washington and all other applicable laws and shall also have all of the rights provided herein or in the Note, all of which rights and remedies shall be cumulative to the fullest extent permitted by law. In connection with the foregoing, Secured Party, for the benefit of the Noteholders, shall have the right, in compliance with applicable law, to:
