After Default. Upon the occurrence of an Event of Default and at any time thereafter, the Secured Party may exercise any or all of the rights, remedies and powers of the Secured Party under the Act, or otherwise existing, whether under this Agreement or any other agreement or at law or in equity, all of which other rights, remedies and powers are hereby incorporated as if expressly set out herein. In addition to the foregoing, the Secured Party will have the right and power (but will not be obligated):
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Samples: General Security Agreement (CurrencyWorks Inc.), General Security Agreement (Northern Dynasty Minerals LTD), General Security Agreement (Search by HEADLINES.COM Corp.)
After Default. Upon the occurrence of an Event of Default and at any time thereafter, the Secured Party may exercise any or all of the rights, remedies and powers of the Secured Party under the Act, or otherwise existing, whether under this Agreement or any other agreement or at law or in equity, all of which other rights, remedies and powers are hereby incorporated as if expressly set out herein. In addition to the foregoing, the Secured Party will have the right and power (but will not be obligated):
(a) Accelerate Secured Obligations: to declare any or all of the Secured Obligations to be immediately due and payable;
Appears in 1 contract
Samples: Security Agreement
After Default. Upon the occurrence of an Event of Default and at any time thereafter, the Secured Party may exercise any or all of the rights, remedies and powers of the Secured Party under the Actany applicable law, or otherwise existing, whether under this Agreement or any other agreement or at law or in equity, all of which other rights, remedies and powers are hereby incorporated as if expressly set out herein. In addition to the foregoing, the Secured Party will have the right and power (but will not be obligated):
Appears in 1 contract
Samples: General Security Agreement (Maverick Minerals Corp)
After Default. Upon the occurrence of an Event of Default and at any time thereafter, the Secured Party Parties may exercise any or all of the rights, remedies and powers of the Secured Party Parties under the Act, or otherwise existing, whether under this Agreement or any other agreement or at law or in equity, all of which other rights, remedies and powers are hereby incorporated as if expressly set out herein. In addition to the foregoing, the Secured Party Parties will have the right and power (but will not be obligated):
Appears in 1 contract