Lender’s Remedies Upon Default Sample Clauses

Lender’s Remedies Upon Default. Upon the occurrence of an Event of Default, Borrower’s license to collect and retain the Rents under Section 5 above shall immediately terminate. Lender will have the right at its option to enforce and to exercise any or all of its rights under this Assignment or otherwise, but Borrower expressly agrees that Lender’s exercise of any rights hereunder or Lender’s affirmative act to collect the Rents or other income or to acquire possession of the Property shall not be a prerequisite or precondition to the full enforceability of Lender’s rights hereunder.
AutoNDA by SimpleDocs
Lender’s Remedies Upon Default. Section 6.2(g) is hereby modified by adding the following to the end thereof: “unless otherwise prohibited by said Leases and any subordination, non-disturbance and attornment agreements executed in connection therewith”.
Lender’s Remedies Upon Default. (a) Upon the occurrence, and during the continuation, of an Event of Default, Lender may exercise any of the rights and remedies of a secured party under the UCC and any other rights and remedies provided for in this Agreement or any other Financing Document or otherwise available to it at law or in equity, such rights and remedies to include, without limitation, the following, all of which are authorized by Borrower:
Lender’s Remedies Upon Default. (a) Upon the occurrence, and during the continuation, of an Event of Default, Lender may exercise any of the rights and remedies of a secured party under the PPSA or other similar applicable foreign Law, and any other rights and remedies provided for in this Agreement or any other Financing Document or otherwise available to it at law or in equity, such rights and remedies to include, without limitation, the following, all of which are authorized by each Loan Party:
Lender’s Remedies Upon Default. Upon the occurrence of an Event of ------------------------------ Default Lender may, at Lender's option, by itself or otherwise, do any one or more of the following (unless and to the extent Lender expressly waives the Event of Default in writing):
Lender’s Remedies Upon Default. Upon and during the continuance of an Event of Default:
Lender’s Remedies Upon Default. 7.1 Upon the occurrence of an Event of Default as defined above, Borrower's right to enjoy the privileges under the Contract shall immediately terminate, and Lender's right under the assignments created by this Assignment shall become fully effective. Lender will have the rights at its option, to enforce and to exercise any or all of its rights under this Assignment or otherwise, but Borrower expressly agrees that Lender's exercise of any rights hereunder shall not be prerequisite or precondition to the full effectiveness and enforceability, of Lender's rights hereunder.
AutoNDA by SimpleDocs
Lender’s Remedies Upon Default. Subject to such limitations as may be imposed by applicable federal bankruptcy and reorganization law, upon the occurrence of any event of Default, and in addition to all rights and remedies provided for under the other Loan Documents, Lender shall have all rights and remedies provided to it by law, hereunder, or any other document under which Borrower shall be obligated to Lender and, without limiting the generality of the foregoing, Lender may do any one or more acts described in this Section, and in any order it deems appropriate.
Lender’s Remedies Upon Default. Upon the occurrence and during the continuance of an Event of Default, Lender shall have the right to exercise all such rights as a secured party under applicable Mexican law and the Uniform Commercial Code of the Commonwealth of Massachusetts as it, in its sole judgment, shall deem necessary or appropriate, including the right to sell all or any part of the Pledged Collateral at one or more public or private sales upon ten (10) days’ written notice to the Mexican Subsidiary. Any such sale or sales may be made for cash, upon credit, or for future delivery, and in connection therewith, Lender may grant options, provided that any such terms or options shall, in the best judgment of Lender, be extended only in order to obtain the best possible price.
Lender’s Remedies Upon Default. Upon the occurrence of an Event of Default, Lender may, at Lender's option, and by or through Trustee, by Lender itself or otherwise, do any one or more of the following:
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!