Common use of Lender Rights and Remedies Clause in Contracts

Lender Rights and Remedies. Upon the occurrence of an Event of Default, the Lender shall, as a secured party under the UCC or as otherwise provided at law or in equity, have all rights, powers and remedies set forth herein relating to any of the Obligations of the Borrower. Without limiting the generality of the foregoing, the Lender may, at its option upon the occurrence of an Event of Default, demand the Loan Amount plus all accrued Interest to be immediately due and payable.

Appears in 4 contracts

Samples: Loan Agreement (Helpful Alliance Co), Loan Agreement (Helpful Alliance Co), Loan Agreement (Helpful Alliance Co)

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