Exercise of Other Remedies. Upon demand on the Note or the occurrence of any Event of Default and at any time thereafter, the Lender may exercise the remedies of a Lender afforded by the Uniform Commercial Code and other applicable law or by the terms of any agreement between the Borrower and the Lender.
Exercise of Other Remedies. Except as otherwise provided herein, this Agreement is in addition to, and shall not merge with or otherwise prejudice or affect or be prejudiced by, any other right, remedy, guarantee, indemnity or security and may be enforced without first having recourse to the same or any other xxxx, note or Lien now or hereafter held by or available to a Creditor.
Exercise of Other Remedies. Upon demand on the Demand Note or the occurrence of any Event of Default and at any time thereafter, the Lender, without presentment, demand, notice, protest or advertisement of any kind, may exercise the remedies of a secured party afforded by the Uniform Commercial Code and other applicable law or by the terms of any agreement between the Borrower and the Lender.
Exercise of Other Remedies. If any one or more Defaults shall be continuing under Section 7.1(d), or if any one or more Events of Default shall be continuing, then, subject always to the provisions of Section 8.10, each of the Banks, each Co-Administrative Agent and the Administrator may proceed to protect and enforce all or any of its rights, remedies, powers and privileges under this Agreement, the Notes or any of the other Credit Documents by action at law, suit in equity or other appropriate proceedings, whether for specific performance of any covenant contained in this Agreement, any Note or any other Credit Document or in aid of the exercise of any power granted to the Administrator, any Co-Administrative Agent or any Bank herein or therein.
Exercise of Other Remedies. Upon the occurrence of any Event of Default and at any time thereafter, the Bank may exercise the remedies of a Bank afforded by the Uniform Commercial Code and other applicable law or by the terms of any agreement between the Borrower and the Bank.
Exercise of Other Remedies. If a Default occurs and is continuing, Bank may, without notice to Borrowers except as expressly provided herein, at Bank's option, exercise any of the remedies available to Bank as a secured party under the Uniform Commercial Code as in effect in the State of Texas (whether or not such provisions are in effect in the relevant jurisdiction), or otherwise available to Bank under applicable law. Borrowers agree, upon Default and upon Bank's written request, to cease the sale or other disposition of the Collateral (other than such Collateral which is perishable), except with Bank's written consent, and to assemble at its expense all the Collateral at a convenient place acceptable to Bank. Bank may charge to Borrowers' account and Borrowers will pay to Bank upon demand all costs and expenses, including reasonable attorneys' fees, incurred: (A) upon the liquidation of any Collateral; (B) to obtain or enforce payment of the Secured Obligations; (C) in the settlement, adjustment, compromise, or litigation of Customer disputes; or (D) in the prosecution or defense of any action or proceeding either against Bank or against any Borrower concerning any matter growing out of or in connection with this Agreement and/or any Collateral and/or any Secured Obligations. If at any time Bank pays any state, city, local, federal, or other tax or levy attributable to the Collateral, Borrowers will repay to Bank the amount of tax so paid by Bank unless such repayment is prohibited by applicable law. Borrowers agree that Bank may apply any proceeds from disposition of the Collateral first to satisfy obligations secured by security interests, liens or encumbrances prior to Bank's security interest. Borrowers will remain liable and will pay on demand any deficiencies arising upon the liquidation of any security held by Bank.
