Certain Lender Rights. To protect, perfect, or enforce, from time to time, the rights or interests of the Lender in the Secured Collateral, the Lender may, in its absolute discretion (but without any obligation to do so): (a) discharge any liens at any time levied or placed on the Secured Collateral, and/or (b) obtain any record from any service bureau and pay such service bureau the cost thereof. All costs and expenses reasonably incurred by the Lender in exercising its discretion under this Section 8 shall be part of the Guaranteed Obligations secured by the Secured Collateral.
Certain Lender Rights. Whether an event of default shall exist hereunder or not, Lender shall have, but shall not be limited to the following rights, each of which may be exercised at any time and from time to time (i) to transfer the Note and the Collateral, and any transferee shall have all the rights of Lender hereunder and Lender shall be thereafter relieved from any liability with respect to any Collateral so transferred; (ii) to transfer the whole or any part of the Collateral in the name of itself or its nominees; (iii) to vote any investment securities forming a part of the Collateral; (iv) to notify the obligors on any Collateral to make payment directly to Lender of any amount due thereon; (v) to execute at any time in the name of any party hereof and to file, without Borrower’s signature, financing statements covering any of the Collateral or which describe the Collateral as “all assets” or “all property” of Borrower; (vi) to receive or take control of any income or other proceeds of any of the Collateral; and (vii) to request and receive current financial information from any party liable for all or any part of the Obligations.
Certain Lender Rights. (i) All Deposit Accounts of Borrowers shall be under the sole dominion and control of Lender subject to any rights of Borrowers to make withdrawals from the Disbursement Accounts to the extent permitted by Subsection 6.10C.
Certain Lender Rights. In addition to and without in any way limiting any of its other rights hereunder, in connection with any casualty or Taking and with respect to all Insurance Proceeds and Condemnation Proceeds and damages and claims with respect thereto, Lender shall have all of the same rights that Mortgage Lender has under the Mortgage Loan Documents as if such rights were set forth in full herein with only such changes as are necessary to reflect Lender's position as a mezzanine lender rather than a mortgage lender; provided that Lender shall not exercise any such right (x) at a time when any corresponding right is being exercised by Mortgage Lender, unless Lender's exercise of its right contemporaneously would not in any way impair Mortgage Lender's exercise of its rights or be inconsistent therewith or (y) in any manner inconsistent with Mortgage Lender's rights under the Mortgage Loan Documents.
Certain Lender Rights
