Common use of Banks Rights and Remedies Clause in Contracts

Banks Rights and Remedies. Upon an Event of Default. Upon the occurrence of an Event of Default the Bank shall have the following rights and remedies to be exercised within its discretion, without further demand, presentment, protest, advertisement, or notice of any kind, all of which are hereby expressly waived by the Obligors except as specified below:

Appears in 1 contract

Samples: Loan and Security Agreement (Teamstaff Inc)

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Banks Rights and Remedies. Upon an Event of Default. 8.1 Upon the occurrence of an Event of Default the Bank shall have the following rights and remedies and may take the following action, to be exercised within its discretion, discretion without further demand, presentmentpresentation or notice, protest, advertisement, or notice of any kind, all of which are hereby expressly waived by the Obligors except as specified below:

Appears in 1 contract

Samples: Credit and Security Agreement (Cunningham Graphics International Inc)

Banks Rights and Remedies. Upon an Event of Default. Upon the occurrence of an Event of Default the Bank shall have the following rights and remedies to be exercised within its their discretion, without further demand, presentment, protest, advertisement, or notice of any kind, all of which are hereby expressly waived by the Obligors Borrower except as specified below:

Appears in 1 contract

Samples: Loan and Security Agreement (Forward Industries Inc)

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Banks Rights and Remedies. Upon an Event of Default. Upon the occurrence of an Event of Default which has not been waived by the Bank, the Bank shall have the following rights and remedies to be exercised within its their discretion, without further demand, presentment, protest, advertisement, or notice of any kind, all of which are hereby expressly waived by the Obligors except as specified below:

Appears in 1 contract

Samples: Loan and Security Agreement (Boron Lepore & Associates Inc)

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