Common use of An Event of Default Clause in Contracts

An Event of Default. SHOULD OCCUR, THE DEBTOR WAIVES, TO THE EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT THE DEBTOR MAY HAVE TO NOTICE AND A HEARING BEFORE THE SECURED PARTY TAKES POSSESSION OF THE COLLATERAL BY SELF-HELP, REPLEVIN, ATTACHMENT, SETOFF OR OTHERWISE.

Appears in 4 contracts

Samples: Security Agreement (Armor Holdings Inc), Security Agreement (Armor Holdings Inc), Security Agreement (Armor Holdings Inc)

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An Event of Default. SHOULD OCCUR, THE DEBTOR WAIVES, TO THE EXTENT PERMITTED BY APPLICABLE LAW, WAIVES ANY RIGHT THE DEBTOR MAY HAVE TO NOTICE AND A HEARING BEFORE THE SECURED PARTY TAKES POSSESSION OF THE COLLATERAL BY SELF-HELP, REPLEVIN, ATTACHMENT, SETOFF OR OTHERWISE.

Appears in 3 contracts

Samples: Security Agreement (Transit Group Inc), Security Agreement (Transit Group Inc), Security Agreement (Transit Group Inc)

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