Common use of Lender’s Rights and Remedies on Default Clause in Contracts

Lender’s Rights and Remedies on Default. The exercise of remedies hereunder shall be made by Lender upon the terms and conditions contained herein. If an Event of Default shall have occurred and be continuing and has not been cured or waived in accordance with the terms hereof or the Credit Agreement, Lender shall have the following rights and powers and may, at Lender’s option, without notice of its election and without demand to the extent permitted by Section 8.3 of the Credit Agreement, do any one or more of the following (in addition to the rights and remedies permitted under the Credit Agreement), all of which are hereby authorized by Debtor:

Appears in 3 contracts

Samples: General Security Agreement (ADESTO TECHNOLOGIES Corp), General Security Agreement (ADESTO TECHNOLOGIES Corp), General Security Agreement (Identive Group, Inc.)

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Lender’s Rights and Remedies on Default. The exercise of remedies hereunder shall be made by Lender upon the terms and conditions contained herein. If an Event of Default Default, shall have occurred and be continuing and has not been cured or waived in accordance with the terms hereof or the Credit Agreement, Lender shall have the following rights and powers and may, at Lender’s option, without notice of its election and without demand to the extent permitted by Section 8.3 8.03 of the Credit Agreement, do any one or more of the following (in addition to the rights and remedies permitted under the Credit Agreement)following, all of which are hereby authorized by Debtor:

Appears in 1 contract

Samples: Credit Agreement (Epicor Software Corp)

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