Common use of Certain Other Remedial Matters Clause in Contracts

Certain Other Remedial Matters. Upon the occurrence of any Event of Default, Lender shall also have the right immediately and without notice, to take possession of and exercise possessory rights with regard to any property securing payment of the Obligations. All powers, rights and remedies of Lender set forth in this Article X shall be cumulative and not exclusive of any other power, right or remedy available to Lender under any Governmental Requirement or under this Agreement, the Note, the other Loan Documents or any other document executed pursuant hereto or in connection herewith to enforce the performance or observance of the covenants and agreements contained in this Agreement and the other Loan Documents, and no delay or omission of Lender to exercise any power, right or remedy shall impair any such power, right or remedy, or shall be construed to be a waiver of the right to exercise any such power, right or remedy. Every power, right or remedy of Lender set forth in this Agreement, the Note, the other Loan Documents or any other document executed pursuant hereto or in connection herewith, or afforded by Governmental Requirement may be exercised from time to time, and as often as may be deemed expedient by Lender.

Appears in 2 contracts

Samples: Credit Agreement (Tyler Technologies Inc), Credit Agreement (Tyler Technologies Inc)

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Certain Other Remedial Matters. Upon the occurrence of any Event of Default, Lender Agent, upon the written instruction of the Majority Lenders, shall also have the right immediately and without notice, to take possession of and exercise possessory rights with regard to any property securing payment of the Obligations. All powers, rights and remedies of Lender Agent, for the benefit of the Lenders, set forth in this Article X shall be cumulative and not exclusive of any other power, right or remedy available to Agent or any Lender under any Governmental Requirement or under this Agreement, the Note, the other Loan Documents or any other document executed pursuant hereto or in connection herewith to enforce the performance or observance of the covenants and agreements contained in this Agreement and the other Loan Documents, and no delay or omission of Agent or any Lender to exercise any power, right or remedy shall impair any such power, right or remedy, or shall be construed to be a waiver of the right to exercise any such power, right or remedy. Every power, right or remedy of Agent or each Lender set forth in this Agreement, the Note, the other Loan Documents or any other document executed pursuant hereto or in connection herewith, or afforded by Governmental Requirement may be exercised from time to time, and as often as may be deemed expedient by Agent or any such Lender.

Appears in 2 contracts

Samples: Credit Agreement (Lilis Energy, Inc.), Credit Agreement (HII Technologies, Inc.)

Certain Other Remedial Matters. Upon the occurrence of any Event of Default, Lender Agent, upon the written instruction of the Majority Lenders, shall also have the right immediately and without notice, to take possession of and exercise possessory rights with regard to any property securing payment of the Obligations. All powers, rights and remedies of Lender Agent, for the benefit of the Lenders, set forth in this Article X shall be cumulative and not exclusive of any other power, right or remedy available to Agent or any Lender under any Governmental Requirement or under this Agreement, the Note, the other Loan Transaction Documents or any other document executed pursuant hereto or in connection herewith to enforce the performance or observance of the covenants and agreements contained in this Agreement and the other Loan Transaction Documents, and no delay or omission of Agent or any Lender to exercise any power, right or remedy shall impair any such power, right or remedy, or shall be construed to be a waiver of the right to exercise any such power, right or remedy. Every power, right or remedy of Agent or each Lender set forth in this Agreement, the Note, the other Loan Transaction Documents or any other document executed pursuant hereto or in connection herewith, or afforded by Governmental Requirement may be exercised from time to time, and as often as may be deemed expedient by Agent or any such Lender.

Appears in 1 contract

Samples: Account Purchase Agreement (HII Technologies, Inc.)

Certain Other Remedial Matters. Upon the occurrence of any Event of Default, Lender shall also have the right immediately and without notice, to take possession of and exercise possessory rights with regard to any property securing payment of the Obligations. All powers, rights and remedies of Lender set forth in this Article X shall be cumulative and not exclusive of any other power, right or remedy available to Lender under any Governmental Requirement or under this Agreement, the Note, the other Loan Documents or any other document executed pursuant hereto or in connection herewith to enforce the performance or observance of the covenants and agreements contained in this Agreement and the other Loan Documents, and no delay or omission of Lender to exercise any power, right or remedy shall impair any such power, right or remedy, or shall be construed to be a waiver of the right to exercise any such power, right or remedy. Every power, right or remedy of Lender set forth in this Agreement, the Note, the other Loan Documents or any other document executed pursuant hereto or in connection herewith, or afforded by Governmental Requirement may be exercised from time to time, and as often as may be deemed expedient by Lender.. SECOND AMENDED AND RESTATED CREDIT AGREEMENT – TYLER TECHNOLOGIES, INC. ARTICLE XI MISCELLANEOUS

Appears in 1 contract

Samples: Credit Agreement (Tyler Technologies Inc)

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Certain Other Remedial Matters. Upon the occurrence of any Event of Default, Lender Administrative Agent shall also have the right immediately and without notice, to take possession of and exercise possessory rights with regard to any property securing payment of the Obligations. All powers, rights and remedies of Lender Administrative Agent set forth in this Article X shall be cumulative and not exclusive of any other power, right or remedy available to Lender Administrative Agent or Lenders under any Governmental Requirement or under this Agreement, the Note, the other Loan Documents or any other document executed pursuant hereto or in connection herewith to enforce the performance or observance of the covenants and agreements contained in this Agreement and the other Loan Documents, and no delay or omission of Lender Administrative Agent to exercise any power, right or remedy shall impair any such power, right or remedy, or shall be construed to be a waiver of the right to exercise any such power, right or remedy. Every power, right or remedy of Lender Administrative Agent set forth in this Agreement, the Note, the other Loan Documents or any other document executed pursuant hereto or in connection herewith, or afforded by Governmental Requirement may be exercised from time to time, and as often as may be deemed expedient by LenderAdministrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Tyler Technologies Inc)

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