Banks Rights and Remedies. 8.1 Upon the occurrence of an Event of Default by Borrower under this Agreement, Bank may, at its election, without notice of its election and without demand, do any one or more of the following, all of which are authorized by Borrower:
Banks Rights and Remedies. Upon the occurrence of an Event of Default and during the continuance thereof:
Banks Rights and Remedies. If an Event of Default shall have occurred and not been cured or waived in accordance with the terms hereof, Bank shall have the following rights and powers and may, at its option, without notice of its election and without demand, do any one or more of the following, all of which are authorized by Debtor:
Banks Rights and Remedies. Rights and Remedies. While an Event of Default occurs and continues Bank may, without notice or demand, do any or all of the following: declare all Obligations immediately due and payable (but if an Event of Default described in Section 8.3 occurs all Obligations are immediately due and payable without any action by Bank); stop advancing money or extending credit for Borrowers’ benefit under this Agreement or under any other agreement between any Borrower and Bank; settle or adjust disputes and claims directly with Account Debtors for amounts on terms and in any order that Bank considers advisable in its good faith business judgment, notify any Person owing any Borrower money of Bank’s security interest in such funds, and verify the amount of such account; make any payments and do any acts it considers necessary or reasonable to protect the Collateral and/or its security interest in the Collateral. Each Borrower shall assemble the Collateral if Bank requests and make it available as Bank designates. Bank may enter premises where the Collateral is located, take and maintain possession of any part of the Collateral, and pay, purchase, contest, or compromise any Lien which appears to be prior or superior to its security interest and pay all expenses incurred. Each Borrower grants Bank a license to enter and occupy any of its premises, without charge, to exercise any of Bank’s rights or remedies; apply to the Obligations any (i) balances and deposits of any Borrower it holds, or (ii) any amount held by Bank owing to or for the credit or the account of any Borrower; ship, reclaim, recover, store, finish, maintain, repair, prepare for sale, advertise for sale, and sell the Collateral. Without limiting its rights as a holder of a Lien on Intellectual Property, Bank is hereby granted a non- exclusive, royalty-free license or other right to use, without charge, each Borrower’s labels, patents, copyrights, mask works, rights of use of any name, trade secrets, trade names, trademarks, service marks, and advertising matter, or any similar property as it pertains to the Collateral, in completing production of, advertising for sale, and selling any Collateral and, in connection with Bank’s exercise of its rights under this Section, each Borrower’s rights under all licenses and all franchise agreements inure to Bank’s benefit; place a “hold” on any account maintained with Bank and/or deliver a notice of exclusive control, any entitlement order, or other directions or ins...
Banks Rights and Remedies. 8.1 Upon the occurrence of an Event of Default the Bank shall have the following rights and remedies and may take the following action, to be exercised within its discretion without further demand, presentation or notice, of any kind:
Banks Rights and Remedies. The following rights and remedies are available to Bank:
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Banks Rights and Remedies. The following rights and remedies are available to Bank as to all Loans then outstanding and any SLFs pertaining thereto:
Banks Rights and Remedies. 8.1 Bank's Rights Exercisable at any Time. Exclusive of the occurrence of an Event of Default or Default, the Bank may:
Banks Rights and Remedies. (a) So long as an Event of Default has occurred hereunder and is continuing, in addition to having the right to exercise any rights and remedies available to a secured creditor under applicable law, Bank shall have each of the following rights, which Bank may exercise simultaneously or in such order as it may in its sole and absolute discretion determine (without being required to give any notice to any Credit Party except as may be required in clause (d) below):
