Common use of Rights and Remedies of the Collateral Agent Clause in Contracts

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.5 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.1(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC 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. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Notes in full satisfaction of the Holders' obligations under the Purchase Contracts or (2) sale of the Pledged Notes in one or more public or private sales and application of the proceeds in full satisfaction of the Holders' obligations under the Purchase Contracts.

Appears in 1 contract

Samples: Pledge Agreement (Pp&l Capital Funding Trust I)

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Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.5 hereof set forth herein or otherwise available at law or in equity, after an a collateral event of default (as specified in Section 7.1(b13.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC 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. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Convertible Notes or the Pledged Treasury Securities in full satisfaction of the Holders' obligations under the Purchase Contracts and this Agreement or (2) sale of the Pledged Convertible Notes or the Pledged Treasury Securities in one or more public or private sales and application of the proceeds in full satisfaction of the Holders' obligations under the Purchase Contractssales.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Stanley Works)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.5 5.7 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.1(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC 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. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Notes or Pledged Treasury Securities in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement or (2) sale of the Pledged Notes or Pledged Treasury Securities in one or more public or private sales and application of the proceeds in full satisfaction of the Holders' obligations under the Purchase Contractssales.

Appears in 1 contract

Samples: Pledge Agreement (Pp&l Capital Funding Inc)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.5 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.1(b6.1(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC 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. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Notes in full satisfaction of the Holders' obligations under the Purchase Contracts Treasury Securities or any Excess Initial Proceeds or (2) sale of the Pledged Notes Treasury Securities or any Excess Initial Proceeds in one or more public or private sales and application of the proceeds sales, in either case in full satisfaction of the Holders' obligations under the Note Purchase ContractsContracts and the Note Purchase Contract Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Cemex Sab De Cv)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.5 hereof set forth herein or otherwise available at law or in equity, after an event of default (as specified in Section 7.1(b) below13.01(b)) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC 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. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes or Pledged Treasury Securities in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement or (2) sale of the Pledged Senior Notes or Pledged Treasury Securities in one or more public or private sales and application of the proceeds in full satisfaction of the Holders' obligations under the Purchase Contractssales.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Avery Dennison Corporation)

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Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.5 hereof set forth herein or otherwise available at law or in equity, after an event of default (as specified in Section 7.1(b13.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC 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. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Senior Notes or Pledged Treasury Securities in full satisfaction of the Holders' obligations under the Purchase Contracts and the Purchase Contract Agreement or (2) sale of the Pledged Senior Notes or Pledged Treasury Securities in one or more public or private sales and application of the proceeds in full satisfaction of the Holders' obligations under the Purchase Contractssales.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Bankunited Financial Corp)

Rights and Remedies of the Collateral Agent. (a) In addition to the rights and remedies specified in Section 5.5 5.07 hereof or otherwise available at law or in equity, after an event of default (as specified in Section 7.1(b7.01(b) below) hereunder, the Collateral Agent shall have all of the rights and remedies with respect to the Collateral of a secured party under the UCC (whether or not the UCC is in effect in the jurisdiction where the rights and remedies are asserted) and the TRADES 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. Without limiting the generality of the foregoing, such remedies may include, to the extent permitted by applicable law, (1) retention of the Pledged Notes STACKS or the Pledged Treasury Securities in full satisfaction of the Holders' obligations under the Stock Purchase Contracts and the Stock Purchase Contract Agreement or (2) sale of the Pledged Notes STACKS or the Pledged Treasury Securities in one or more public or private sales and application of the proceeds in full satisfaction of the Holders' obligations under the Purchase Contractssales.

Appears in 1 contract

Samples: Pledge Agreement (Marshall & Ilsley Corp/Wi/)

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