Commercially Reasonable. To the extent that any Applicable Law imposes duties on the Administrative Agent to exercise remedies in a commercially reasonable manner, each Obligor acknowledges and agrees that the Administrative Agent shall be deemed to have complied with such duties even if it shall:
Appears in 3 contracts
Samples: Loan and Security Agreement (Core Scientific, Inc./Tx), Loan and Security Agreement (Core Scientific, Inc./Tx), Loan and Security Agreement (Core Scientific, Inc./Tx)
Commercially Reasonable. To the extent that any Applicable applicable Requirements of Law imposes impose duties on the Administrative Agent to exercise remedies in a commercially reasonable manner, each Obligor Grantor acknowledges and agrees that it is not commercially unreasonable for the Administrative Agent shall be deemed to have complied with such duties even if it shalldo any of the following after the occurrence and during the continuance of an Event of Default:
Appears in 2 contracts
Samples: Second Lien Guaranty and Security Agreement (Clearlake Capital Partners, LLC), Guaranty and Security Agreement (Goamerica Inc)
Commercially Reasonable. To the extent that any Applicable applicable Requirements of Law imposes impose duties on the Administrative Agent to exercise remedies in a commercially reasonable manner, each Obligor Grantor acknowledges and agrees that the it is not commercially unreasonable for Administrative Agent shall be deemed to have complied with such duties even if it shalldo any of the following:
Appears in 2 contracts
Samples: Security Agreement (Unisys Corp), Security Agreement (Unisys Corp)
