Common use of BANK’S RIGHTS AS TO COLLATERAL; POWER OF ATTORNEY Clause in Contracts

BANK’S RIGHTS AS TO COLLATERAL; POWER OF ATTORNEY. At any time or times, at the expense of the Obligors, the Bank may in its discretion, before the occurrence of an Event of Default as defined in Section 5.01 hereof in the case of (A), (C), (E), (F) or (H) below, or after the occurrence of an Event of Default in the case of (B), (D), (G) or (I) below, in its own name or in the name of its nominee or of any Obligor, do any or all things and take any and all actions that are pertinent to the protection of the Bank’s interest hereunder and are lawful under applicable law, so long as such rights are exercised in good faith and in a commercially reasonable manner, including, but not limited to, the following:

Appears in 4 contracts

Samples: Advances and Security Agreement (EverBank Financial Corp), Advances and Security Agreement (Bankunited Financial Corp), Advances and Security Agreement (Bankunited Financial Corp)

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BANK’S RIGHTS AS TO COLLATERAL; POWER OF ATTORNEY. At any time ------------------------------------------------- or times, at the expense of the Obligors, the Bank may in its discretion, before the occurrence of an Event of Default as defined in Section 5.01 hereof in the case of (A), (C), (E), (F) or (H) below, or after the occurrence of an Event of Default in the case of (B), (D), (G) or (I) below, in its own name or in the name of its nominee or of any Obligor, do any or all things and take any and all actions that are pertinent to the protection of the Bank’s 's interest hereunder and are lawful under applicable law, so long as such rights are exercised in good faith and in a commercially reasonable manner, including, but not limited to, the following:

Appears in 1 contract

Samples: Advances and Security Agreement (First Bancorp /Nc/)

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