Enforcement Action. any action to enforce any Obligations or Loan Documents or to exercise any rights or remedies relating to any Collateral (whether by judicial action, self-help, notification of Account Debtors, exercise of setoff or recoupment, exercise of any right or vote to act in a Loan Party’s Insolvency Proceeding, or otherwise).
Appears in 3 contracts
Samples: Abl Credit Agreement (Target Hospitality Corp.), Abl Credit Agreement (Target Hospitality Corp.), Loan, Security and Guarantee Agreement (MRC Global Inc.)
Enforcement Action. any action to enforce any Obligations or Loan Documents or to exercise any rights or remedies relating to realize upon any Collateral (whether by judicial action, self-help, notification of Account Debtors, exercise of setoff or recoupment, exercise of any right or vote to act in a Loan Party’s Insolvency Proceeding, or otherwise).
Appears in 3 contracts
Samples: Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement (Nautilus, Inc.), Loan and Security Agreement (Merix Corp)
Enforcement Action. any action to enforce any Obligations (other than Secured Bank Product Obligations) or Loan Documents or to exercise any rights or remedies relating to any Collateral (whether by judicial action, self-help, notification of Account Debtors, exercise of setoff or recoupment, exercise of any right or vote to act credit bid, action in a Loan Partyan Obligor’s Insolvency Proceeding, Proceeding or otherwise).
Appears in 3 contracts
Samples: Loan Agreement (Hyster-Yale Materials Handling, Inc.), Loan and Security Agreement (Casella Waste Systems Inc), Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.)
Enforcement Action. any action to enforce any Obligations or Loan Documents or to exercise any rights or remedies relating to any Collateral (whether by judicial action, self-help, notification of Account Debtors, exercise of setoff or recoupment, exercise of any right to vote or vote to act in a Loan Partyan Obligor’s Insolvency Proceeding, or otherwise).
Appears in 1 contract
Enforcement Action. any rightful action to enforce any Obligations or Loan Documents or to exercise any rights or remedies relating to realize upon any Collateral (whether by judicial action, self-help, notification of Account Debtors, exercise of setoff or recoupment, exercise of any right or vote to act in a Loan Party’s Insolvency Proceeding, or otherwise).
Appears in 1 contract
Samples: Term Loan and Security Agreement (Birks Group Inc.)
Enforcement Action. any action to enforce any Obligations or Loan Documents or to exercise any rights or remedies relating to any Collateral (whether by judicial action, self-help, notification of Account Debtors, exercise of setoff or recoupment, exercise of any right or vote to act credit bid, action in a Loan Partyan Obligor’s Insolvency Proceeding, Proceeding or otherwise).
Appears in 1 contract
Enforcement Action. any action to enforce any Obligations or (other than Secured Bank Product Obligations)or Loan Documents or to exercise any rights or remedies relating to any Collateral (whether by judicial action, self-help, notification of Account Debtors, exercise of setoff or recoupment, exercise of any right to vote or vote to act in a Loan Partyan Obligor’s Insolvency Proceeding, or otherwise).
Appears in 1 contract