Election of the Bank. The BANK may exercise its rights with respect to Collateral without resorting or regard to other collateral or sources of reimbursement for the Obligations of BORROWER to the BANK.
Appears in 4 contracts
Samples: Loan Agreement (Brandpartners Group Inc), Security Agreement (Presstek Inc /De/), Commercial Loan Agreement (Skillsoft Public Limited Co)
Election of the Bank. The BANK Bank may exercise its rights with respect to the Collateral without resorting or regard to other collateral or sources of reimbursement for the Obligations of BORROWER to the BANKliabilities.
Appears in 3 contracts
Samples: Loan Agreement (Pennichuck Corp), Loan Agreement (Nashua Corp), Loan Agreement (Pennichuck Corp)
Election of the Bank. The BANK Bank may exercise its rights with respect to Collateral without resorting or regard to other collateral or sources of reimbursement for the Obligations of BORROWER Borrower to the BANKBank.
Appears in 1 contract
Samples: Commercial Loan Agreement and Loan Documents (Green Mountain Coffee Inc)
Election of the Bank. The BANK may exercise its rights with ____________________ respect to Collateral without resorting or regard to other collateral or sources of reimbursement for the Obligations of BORROWER to the BANK.
Appears in 1 contract