Common use of Acceleration; Foreclosure Clause in Contracts

Acceleration; Foreclosure. Upon the occurrence of any Event of Default, the Mortgagee may, at its option, exercise one or more of the following rights and remedies (and any other rights and remedies which are available to the Mortgagee under applicable law or other collateral documents):

Appears in 2 contracts

Samples: Combination Mortgage, Security Agreement (Wsi Industries, Inc.), www.sec.gov

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Acceleration; Foreclosure. Upon the occurrence of Whenever any Event of DefaultDefault shall have occurred and be subsisting, the Mortgagee may, at its option, exercise one or more of the following rights and remedies (and and/or any other rights and remedies which are available to the Mortgagee under applicable law or other collateral documentsit):

Appears in 1 contract

Samples: Total Indebtedness (Appliance Recycling Centers of America Inc /Mn)

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Acceleration; Foreclosure. Upon the occurrence of any Event of Default, the Mortgagee may, at its option, exercise one or more of the following rights and remedies (and any other rights and remedies which are available to the Mortgagee under applicable law or other collateral documentsit):

Appears in 1 contract

Samples: Loan Agreement

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