Common use of After Default Clause in Contracts

After Default. Upon the occurrence of an Event of Default and at any time thereafter, the Secured Party may exercise any or all of the rights, remedies and powers of the Secured Party under the Act, or otherwise existing, whether under this Agreement or any other agreement or at law or in equity, all of which other rights, remedies and powers are hereby incorporated as if expressly set out herein. In addition to the foregoing, the Secured Party will have the right and power (but will not be obligated):

Appears in 4 contracts

Samples: General Security Agreement (CurrencyWorks Inc.), Security Agreement, General Security Agreement (Northern Dynasty Minerals LTD)

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After Default. Upon the occurrence of an Event of Default and at any time thereafter, the Secured Party Parties may exercise any or all of the rights, remedies and powers of the Secured Party Parties under the Act, or otherwise existing, whether under this Agreement or any other agreement or at law or in equity, all of which other rights, remedies and powers are hereby incorporated as if expressly set out herein. In addition to the foregoing, the Secured Party Parties will have the right and power (but will not be obligated):

Appears in 1 contract

Samples: General Security Agreement (Stockhouse Inc)

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After Default. Upon the occurrence of an Event of Default and at any time thereafter, the Secured Party may exercise any or all of the rights, remedies and powers of the Secured Party under the Actany applicable law, or otherwise existing, whether under this Agreement or any other agreement or at law or in equity, all of which other rights, remedies and powers are hereby incorporated as if expressly set out herein. In addition to the foregoing, the Secured Party will have the right and power (but will not be obligated):

Appears in 1 contract

Samples: General Security Agreement (Maverick Minerals Corp)

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