Common use of Exercise of Other Remedies Clause in Contracts

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.

Appears in 2 contracts

Samples: Loan and Security Agreement (Vivid Technologies Inc), Loan and Security Agreement (Vivid Technologies Inc)

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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 agreement, including the Collateral Documents, between the Borrower and the Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Intrinsix Corp)

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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 Borrower, any or all of the Guarantors and the Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Luxtec Corp /Ma/)

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