Common use of Foreclosure of Liens Clause in Contracts

Foreclosure of Liens. The Collateral Agent may, and upon the request of the Required Secured Parties shall, foreclose the Liens created under this Agreement or under any other agreement relating to the Collateral.

Appears in 2 contracts

Samples: Collateral Agency and Security Agreement (Elcom International Inc), Collateral Agency and Security Agreement (Elcom International Inc)

AutoNDA by SimpleDocs

Foreclosure of Liens. The Collateral Agent may, and upon the request of the Required Secured Parties shall, foreclose the Liens created under this Agreement Agreement, the Notes or under any other agreement relating to the Collateral.

Appears in 1 contract

Samples: Collateral Agency and Security Agreement (Elcom International Inc)

AutoNDA by SimpleDocs

Foreclosure of Liens. The Collateral Agent may, and upon the request of the Required Secured Parties shall, foreclose the Liens created under this Agreement Agreement, the 2005 Notes or under any other agreement relating to the Collateral.

Appears in 1 contract

Samples: Collateral Agency and Security Agreement (Elcom International Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!