Common use of Actions Upon Default Clause in Contracts

Actions Upon Default. Whenever a Default shall have occurred and be continuing, the Company may exercise from time to time any and all rights and remedies available to it under applicable law, including but not limited to all rights of a secured party available to it under the Uniform Commercial Code. Without limiting the above, the Company may from time to time, whether before or after any of the Liabilities shall become due and payable, but only if a Default shall have occurred, without notice to the Borrower, take any or all of the following actions:

Appears in 2 contracts

Samples: Pledge Agreement (Logimetrics Inc), Pledge Agreement (Fisher Mark B)

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Actions Upon Default. Whenever a Default shall have occurred and be continuing, the Company may exercise from time to time any and all rights and remedies available to it under applicable law, including but not limited to all rights of a secured party available to it under the Uniform Commercial Code. Without limiting the above, the Company may from time to time, whether before or after any of the Liabilities shall become due and payable, but only if a Default shall have occurred, without notice to the BorrowerExecutive, take any or all of the following actions:

Appears in 2 contracts

Samples: Pledge Agreement (Phipps Norman M), Pledge Agreement (Barringer Technologies Inc)

Actions Upon Default. Whenever a Default shall have occurred and be continuing, the Company may exercise from time to time any and all rights and remedies available to it under applicable law, including but not limited to all rights of a secured party available to it under the Uniform Commercial Code. Without limiting the above, the Company may from time to time, whether before or after any of the Liabilities shall become due and payable, but only if a Default shall have occurred, without notice to the BorrowerMaker, take any or all of the following actions:

Appears in 1 contract

Samples: Pledge Agreement (Barringer Technologies Inc)

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Actions Upon Default. Whenever a Default shall have occurred and be continuing, the Company may exercise from fro5m time to time any and all rights and remedies available to it under applicable law, including but not limited to all rights of a secured party available to it under the Uniform Commercial Code. Without limiting the above, the Company may from time to time, whether before or after any of the Liabilities shall become due and payable, but only if a Default shall have occurred, without notice to the BorrowerExecutive, take any or all of the following actions:

Appears in 1 contract

Samples: Pledge Agreement (Logimetrics Inc)

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