Common use of Legal Proceedings After an Event of Default Clause in Contracts

Legal Proceedings After an Event of Default. After the occurrence of any Event of Default and immediately upon the commencement of any action, suit or legal proceedings to obtain judgment for the Secured Obligations or any part thereof, or of any proceedings to foreclose the Lien and security interest created and evidenced hereby or otherwise enforce the provisions hereof or of any other proceedings in aid of the enforcement hereof, the Mortgagor shall enter its voluntary appearance in such action, suit or proceeding.

Appears in 4 contracts

Samples: Credit Agreement (Norcraft Companies, Inc.), Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.)

AutoNDA by SimpleDocs

Legal Proceedings After an Event of Default. After the occurrence and during the continuance of any Event of Default and immediately upon the commencement of any action, suit or legal proceedings to obtain judgment for the Secured Obligations or any part thereof, or of any proceedings to foreclose the Lien and security interest created and evidenced hereby or otherwise enforce the provisions hereof or of any other proceedings in aid of the enforcement hereof, the Mortgagor shall enter its voluntary appearance in such action, suit or proceeding.

Appears in 3 contracts

Samples: Term Loan Agreement (Wesco International Inc), Credit Agreement (Nexeo Solutions Finance Corp), Senior Secured Credit Agreement (Language Line Services Holdings, Inc.)

Legal Proceedings After an Event of Default. After the occurrence and during the continuance of any Event of Default and immediately upon the commencement of any action, suit or legal proceedings to obtain judgment for the Secured Obligations or any part thereof, or of any proceedings to foreclose the Lien and security interest created and evidenced hereby or otherwise enforce the provisions hereof or of any other proceedings in aid of the enforcement hereof, the Mortgagor shall enter its voluntary appearance in such action, suit or proceeding.

Appears in 1 contract

Samples: Credit Agreement (RR Donnelley & Sons Co)

Legal Proceedings After an Event of Default. After the occurrence of any Event of Default and immediately upon the commencement of any action, suit or legal proceedings to obtain judgment for the Secured Obligations or any part thereof, or of any proceedings to foreclose the Lien and security interest created and evidenced hereby or otherwise enforce the provisions hereof or of any other proceedings in aid of the enforcement hereof, the Mortgagor Grantor shall enter its voluntary appearance in such action, suit or proceeding.

Appears in 1 contract

Samples: Credit Agreement (Norcraft Companies Lp)

AutoNDA by SimpleDocs

Legal Proceedings After an Event of Default. After the occurrence of any Event of Default and immediately upon the commencement of any action, suit or legal proceedings to obtain judgment for the Secured Obligations or any part thereof, or of any proceedings to foreclose the Lien and security interest created and evidenced hereby or otherwise enforce the provisions hereof or of any other proceedings in aid of the enforcement hereof, the Mortgagor Trustor shall enter its voluntary Voluntary appearance in such action, suit or proceeding.

Appears in 1 contract

Samples: Credit Agreement (Gsi Group Inc)

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