Common use of Bank’s Rights and Remedies on Default Clause in Contracts

Bank’s Rights and Remedies on Default. Upon the occurrence of any Event of Default, the Bank may, at its sole and absolute election, without demand and only upon such notice as may be required by law:

Appears in 11 contracts

Samples: Security Agreement (Applied Signal Technology Inc), Security Agreement (Alphatec Holdings, Inc.), Security Agreement (Biolase Technology Inc)

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Bank’s Rights and Remedies on Default. Upon the occurrence of any Event of Default, the Bank may, may at its sole and absolute election, without demand and only upon such notice as may be required by law:

Appears in 1 contract

Samples: Term Loan Agreement (Atg Inc)

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Bank’s Rights and Remedies on Default. Upon the occurrence of any Event ------------------------------------- of Default, the Bank may, at its sole and absolute election, without demand and only upon such notice as may be required by law:

Appears in 1 contract

Samples: Termination Agreement (Tarrant Apparel Group)

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