Common use of Rights and Remedies Generally Clause in Contracts

Rights and Remedies Generally. (a) If an Event of Default shall occur and be continuing, then and in every such case, the Collateral Agent shall have all the rights of a secured party under the UCC, shall have all rights now or hereafter existing under all other applicable laws, and, subject to any mandatory requirements of applicable law then in effect, shall have all the rights set forth in this Security Agreement and all the rights set forth with respect to the Collateral or this Security Agreement in any other agreement between the parties.

Appears in 4 contracts

Samples: Subsidiary Security Agreement (Discovery Zone Inc), Security Agreement (Discovery Zone Inc), Security Agreement (Discovery Zone Inc)

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Rights and Remedies Generally. (a) If an Event of Default shall occur and be continuing, then and in every such case, the Collateral Agent shall have all the rights of a secured party under the UCC, shall have all rights now or hereafter existing under all other applicable laws, and, subject to any mandatory requirements of applicable law then in effect, shall have all the rights set forth in this Security Agreement and all the rights set forth with respect to the Collateral or this Security Agreement in any other agreement between the partiesSecurity Document.

Appears in 1 contract

Samples: Cash Collateral Account Agreement (Neenah Foundry Co)

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Rights and Remedies Generally. (a) If an Event of Default shall occur occurs and be is continuing, then and in every such case, the Collateral Agent shall have all the rights of a secured party under the UCC, shall have all rights now or hereafter existing under all other applicable laws, and, subject to any mandatory requirements of applicable law then in effect, shall have all the rights set forth in this Security Agreement and all the rights set forth with respect to the Collateral or this Security Agreement in any other agreement between the parties.

Appears in 1 contract

Samples: Security Agreement (Golden Books Family Entertainment Inc)

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