Common use of Exercise of Remedies under Other Security Documents Clause in Contracts

Exercise of Remedies under Other Security Documents. The Collateral Agent shall also have the right to exercise remedies provided for in each Other Security Document upon the occurrence and during the continuance of an Event of Default.

Exercise of Remedies under Other Security Documents. The Collateral Agent shall also have the right to exercise remedies provided for in each Other Security Document upon the occurrence and during the continuance of an Event of DefaultDefault under and as defined in any Credit Agreement as to which the Collateral subject to such Other Security Document constitutes Applicable Collateral and the receipt by the Collateral Agent of an Act of the Majority Lenders under such Credit Agreement instructing it to exercise remedies.

Exercise of Remedies under Other Security Documents. The Collateral Agent shall also have have, subject to the provisions of the Lender Lien Subordination and Intercreditor Agreement, the right to exercise remedies provided for in each Other Security Document upon the occurrence and during the continuance of an Event of Default.

Exercise of Remedies under Other Security Documents. The Collateral Agent shall also have have, subject to the provisions of the Lender Lien Subordination and Intercreditor Agreement, the right to exercise remedies provided for in each Other Security Document upon the occurrence and during the continuance of an Event of Default.. THE GOODYEAR TIRE & RUBBER COMPANY SECOND LIEN GUARANTEE AND COLLATERAL AGREEMENT