BANK’S RIGHTS AS TO COLLATERAL; POWER OF ATTORNEY. (a) At any time or times, at the expense of the Member, the Bank may in its discretion, before or after the occurrence of an Event of Default, in its own name or in the name of its nominee or of the Member, do any or all things and take any and all actions that are pertinent to the protection of the Bank’s interest hereunder and, if such actions are subject to the laws of a state, are lawful under the laws of the State of Illinois including, but not limited to the following:
Appears in 5 contracts
Samples: Security Agreement, Pledge, and Security Agreement (Trustco Holdings, Inc.), Collateral Pledge, and Security Agreement (Baylake Corp)
BANK’S RIGHTS AS TO COLLATERAL; POWER OF ATTORNEY. (a) At any time or timestime, at the expense of the Member, the Bank may in its reasonable discretion, before or after the occurrence and during the continuation of an Event of Default, in its own name or in the name of its nominee or of the Member, do any or all things and take any and all reasonable actions that are pertinent to the protection of the Bank’s interest hereunder and, if such actions are subject to the laws of a state, are lawful under the laws of the State of Illinois including, but not limited to the following:
Appears in 3 contracts
Samples: Federal Home (Mgic Investment Corp), And Security Agreement (Redwood Trust Inc), Federal Home (KEMPER Corp)
BANK’S RIGHTS AS TO COLLATERAL; POWER OF ATTORNEY. (a) At any time or timestime, at the expense of the Member, the Bank may in its sole discretion, before or after the occurrence of an Event of Default, in its own name or in the name of its nominee or of the Member, do any or all things and take any and all reasonable actions that are pertinent to the protection of the Bank’s 's interest hereunder and, if such actions are subject to the laws of a state, are lawful under the laws of the State of Illinois including, but not limited to the following:
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BANK’S RIGHTS AS TO COLLATERAL; POWER OF ATTORNEY. (a) At any time or timestime, at the expense of the Member, the Bank may in its reasonable discretion, before or after the occurrence and during the continuance of an Event of Default, in its own name or in the name of its nominee or of the Member, do any or all things and take any and all reasonable actions that are pertinent to the protection of the Bank’s interest hereunder and, if such actions are subject to the laws of a state, are lawful under the laws of the State of Illinois including, but not limited to the following:
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