Senior Creditor’s Rights and Remedies Sample Clauses

Senior Creditor’s Rights and Remedies. The rights, remedies, powers, privileges, and discretions of the Senior Creditor hereunder (hereinafter, the “Senior Creditor’s Rights and Remedies”) shall be cumulative and not exclusive of any rights or remedies which it would otherwise have. No delay or omission by the Senior Creditor in exercising or enforcing any of the Senior Creditor’s Rights and Remedies shall operate as, or constitute, a waiver thereof. No waiver by the Senior Creditor of any of the Senior Creditor’s Rights and Remedies or of any default or remedy under any other agreement with the Borrowers or any Junior Creditor shall operate as a waiver of any other default hereunder or thereunder. No exercise of the Senior Creditor’s Rights and Remedies and no other agreement or transaction, of whatever nature, entered into between the Senior Creditor and the Junior Creditors and/or between the Senior Creditor and the Borrowers at any time shall preclude any other or further exercise of the Senior Creditor’s Rights and Remedies. No waiver by the Senior Creditor of any of the Senior Creditor’s Rights and Remedies on any one occasion shall be deemed a continuing waiver. All of the Senior Creditor’s Rights and Remedies and all of the Senior Creditor’s rights, remedies, powers, privileges, and discretions under any other agreement with the Junior Creditors and/or the Borrowers shall be cumulative, and not alternative or exclusive, and may be exercised by the Senior Creditor at such time or times and in such order of preference as the Senior Creditor in its sole discretion may determine.
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Senior Creditor’s Rights and Remedies. At all times prior to the final and indefeasible payment in cash to Senior Creditor and performance of the Senior Obligations in full, Senior Creditor shall have the exclusive right to enforce rights and exercise remedies with respect to the Collateral. In exercising rights and remedies with respect to the Collateral, Senior Creditor may enforce the provisions of the Senior Creditor Loan Documents and exercise remedies thereunder, all in such order and in such manner as provided in the Senior Creditor Loan Documents, provided that Senior Creditor is not otherwise prohibited from taking such action by the applicable terms of the UCC or other applicable law. Such
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Related to Senior Creditor’s Rights and Remedies

  • Secured Party’s Rights and Remedies If at any time (1) an Event of Default or Specified Condition with respect to the Pledgor has occurred and is continuing or (2) an Early Termination Date has occurred or been designated as the result of an Event of Default or Specified Condition with respect to the Pledgor, then, unless the Pledgor has paid in full all of its Obligations that are then due, the Secured Party may exercise one or more of the following rights and remedies:

  • Banks Rights and Remedies 8.1 Upon the occurrence of an Event of Default by Borrower under this Agreement, Bank may, at its election, without notice of its election and without demand, do any one or more of the following, all of which are authorized by Borrower:

  • The Lender Groups Rights and Remedies 9.1 Rights and Remedies. 9.2 Remedies Cumulative.

  • Lenders Rights and Remedies Subject to my right to notice of default and right to cure the default(s), to the extent required by law, if an Event of Default occurs, Lender has the following rights and remedies (“Rights and Remedies”), subject to applicable law:

  • WAIVERS, RIGHTS AND REMEDIES Except as expressly provided in this Agreement, no failure or delay by any Party in exercising any right or remedy relating to this Agreement shall affect or operate as a waiver or variation of that right or remedy or preclude its exercise at any subsequent time. No single or partial exercise of any such right or remedy shall preclude any further exercise of it or the exercise of any other remedy.

  • Conditions Precedent and Secured Party’s Rights and Remedies The following Termination Events will be a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that party): With respect to Party A: any Additional Termination Event with respect to which Party A is the sole Affected Party. With respect to Party B: None.

  • Grants, Rights and Remedies This IP Security Agreement has been entered into in conjunction with the provisions of the Security Agreement. Each Grantor does hereby acknowledge and confirm that the grant of the security interest hereunder to, and the rights and remedies of, the Collateral Agent with respect to the Collateral are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated herein by reference as if fully set forth herein.

  • Rights and Remedies When an Event of Default occurs and continues Bank may, without notice or demand, do any or all of the following:

  • Default Rights and Remedies If an Event of Default exists, the Agent shall have the following rights and remedies:

  • Rights and Remedies of the Collateral Agent (a) In addition to the rights and remedies specified in Section 4.4 hereof or otherwise available at law or in equity, after an event of default hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the Uniform Commercial Code (or any successor thereto) as in effect in the State of New York from time to time (the "Code") (whether or not the Code 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. Wherever reference is made in this Agreement to any section of the Code, such reference shall be deemed to include a reference to any provision of the Code which is a successor to, or amendment of, such section. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (i) retention of the Pledged Debt Securities or other Collateral in full satisfaction of the Holders' obligations under the Purchase Contracts or (ii) sale of the Pledged Debt Securities or other Collateral in one or more public or private sales and application of the proceeds in full satisfaction of the Holders' obligations under the Purchase Contracts.

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