Actions Upon Breach 1920 Clause Samples

Actions Upon Breach 1920. Application of Proceeds of Common Collateral; Dispositions and Releases of Common Collateral; Inspection and Insurance. 20 4.1 Application of Proceeds; Turnover Provisions 20 4.2 Releases of Lien 2122 4.3 Inspection Rights and Insurance. 22 4.4 Option to Purchase ABL Secured Obligations. 2223 4.5 Option to Purchase New Money Term Loan Secured Obligations. 24 4.6 Option to Purchase ABL Secured Obligations and New Money Term Loan Secured Obligations. 26 SECTION 5. Insolvency Proceedings 26 5.1 Filing of Motions 26 5.2 Financing Matters 2627 5.3 Relief From the Automatic Stay 2728 5.4 Adequate Protection 28 5.5 Avoidance Issues 30 5.6 Asset Dispositions in an Insolvency Proceeding 3031 5.7 Separate Grants of Security and Separate Classification 3132 5.8 Plans of Reorganization 3132 5.9 Other Matters 3233 5.10 No Waiver of Rights of First Priority Secured Parties 3233 5.11 Effectiveness in Insolvency Proceedings 3233