Common use of RIGHTS AND REMEDIES ON DEFAULT Clause in Contracts

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 6 contracts

Samples: Loan Agreement (Web Press Corp), Loan Agreement (Web Press Corp), Borrower Agreement (Web Press Corp)

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RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 5 contracts

Samples: Business Loan Agreement (F5 Networks Inc), Loan Agreement (Cutter & Buck Inc), Security Agreement (Fine Com Corp)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 4 contracts

Samples: Commercial Security Agreement (Unified Holdings Inc), Loan Agreement (Carrier Access Corp), Loan Agreement (Carrier Access Corp)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor Borrower would be required to pay, immediately due and payable, without notice.

Appears in 3 contracts

Samples: Commercial Security Agreement (Pacific Aerospace & Electronics Inc), Commercial Security Agreement (Pacific Aerospace & Electronics Inc), Commercial Security Agreement (Pacific Aerospace & Electronics Inc)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without noticenotice of any kind to Grantor.

Appears in 2 contracts

Samples: Commercial Security Agreement (Paneltech International Holdings, Inc.), Terms Agreement (Coeur D Alenes Co /Ia/)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender Xxxxxx may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 2 contracts

Samples: Security Agreement (Physio Control International Corp \De\), Security Agreement (Physio Control International Corp \De\)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtednessindebtedness, including any prepayment penalty which Grantor Borrower would be required to pay, immediately due and payable, without noticenotice of any kind to Borrower or Grantor.

Appears in 2 contracts

Samples: Commercial Security Agreement (Eacceleration Corp), Commercial Security Agreement (Eacceleration Corp)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 1 contract

Samples: Lindal Cedar Homes Inc /De/

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RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtednessindebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 1 contract

Samples: Commercial Security Agreement (Seamed Corp)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtednessindebtedness, including any prepayment penalty which Grantor Borrower would be required to pay, immediately due and payable, without notice.

Appears in 1 contract

Samples: Usbank Commercial Security Agreement (Briazz Inc)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtednessindebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without noticenotice of any kind to Grantor.

Appears in 1 contract

Samples: Security Agreement (Eacceleration Corp)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without noticenotice of any kind to Grantor.

Appears in 1 contract

Samples: Security Agreement (Pyramid Breweries Inc)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Washington Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 1 contract

Samples: Security Agreement (World Wide Stone Corp)

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