Rights of Secured Party Upon Default. If there is an Event of Default which the Debtor fails to cure within any applicable cure period, the Secured Party may, at its option and at any time thereafter:
Rights of Secured Party Upon Default. Upon an Event of Default, The Company may, without demand or other notice of any kind, at its option:
Rights of Secured Party Upon Default. Upon the occurrence of an Event of Default, Secured Party shall have the following rights and remedies:
Rights of Secured Party Upon Default. Upon the occurrence of an Event of Default:
Rights of Secured Party Upon Default. In the event of an uncured default of an Obligation, Secured Party shall have the rights of a secured party under the New York Uniform Commercial Code except for the right to seek a deficiency following sale or other disposition of the Shares, it being understood that Secured Party’s sole and only recourse shall be to the Shares.
Rights of Secured Party Upon Default. In the event of an uncured default of an Obligation, Secured Party shall have the rights of a secured party under the California Uniform Commercial Code except for the right to seek a deficiency following sale or other disposition of the Shares, it being understood that Secured Party’s sole and only recourse shall be to the Shares. In the foregoing event, Secured Party shall be entitled to the delivery of the Shares endorsed to Secured Party and the Shares shall be transferred to Secured Party on the books of the Company.
Rights of Secured Party Upon Default. If an Event of Default shall have occurred and be continuing, Secured Party's rights and remedies with respect to the Collateral shall be those of a secured party under the UCC and under any other applicable law, as the same may from time to time be in effect, in addition to those rights granted herein. Upon the occurrence of an Event of Default and during its continuance, but only during such continuance, Secured Party may, but shall be under no obligation to, from time to time:
Rights of Secured Party Upon Default. Upon the occurrence of an Event of Default, the Secured Party shall have all of the rights and remedies of a secured party under any and all applicable federal and state laws, subject to the procedures set forth in Article 15 of the Operating Agreement.
Rights of Secured Party Upon Default. Upon the happening of any ------------------------------------- event of default the Secured Party's rights with respect to the Collateral shall be those of a secured party under the Uniform Commercial Code and any other applicable law from time to time in effect. The Secured Party shall also have any additional rights granted herein and in any other agreement now or hereafter in effect between the Debtor and the Secured Party, including, without limitation, the Goodwill Note, Loan Amount Note, Xxxxx Agreement, Stock Pledge Agreement, Guaranty and the aforementioned Asset Agreement. If requested by the Secured Party the Debtor will assemble the Collateral and make it available to the Secured Party at a place to be designated by the Secured Party.
Rights of Secured Party Upon Default. If a Default shall have occurred, then all of the Obligations shall, at the option of Secured Party, immediately be deemed due and payable without notice or demand, time being of the essence, and Secured Party, at its option, may do any one or more of the following (and, if more than one, either concurrently or independently, and in such order as Secured Party may determine in its discretion), in addition to its other remedies under the Documents, all without regard to the adequacy or value of the security for the Obligations:
