Common use of Lenders Rights and Remedies Clause in Contracts

Lenders Rights and Remedies. 8.1 Upon the occurrence of an Event of Default by Borrower under this Agreement, Lender may, at its election, without notice of its election and without demand, do any one or more of the following, all of which are authorized by Borrower:

Appears in 2 contracts

Samples: Loan Agreement (Alanco Technologies Inc), Loan and Security Agreement (Alanco Technologies Inc)

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Lenders Rights and Remedies. 8.1 11.1. Upon the occurrence of, and during the continuance of an Event of Default by Borrower under this Agreement, Lender may, at its election, without notice of its election and without demanddemand upon Borrower or any guarantor, do any one or more of the following, all of which are authorized by Borrower:

Appears in 2 contracts

Samples: Receivable and Inventory Security Agreement, Security Agreement (Phoenix Footwear Group Inc)

Lenders Rights and Remedies. 8.1 9.1 Upon the occurrence of an Event of Default by Borrower under this Agreement, Lender may, at its election, without notice of its election and without demand, do any one or more of the following, all of which are authorized by Borrower:

Appears in 1 contract

Samples: Loan Agreement (Alanco Technologies Inc)

Lenders Rights and Remedies. 8.1 Upon the occurrence of an any Event of Default by Borrower under this Agreement, Lender may, at its election, without notice of its election to and without demanddemand upon Borrower, do any one or more of the following, all of which are authorized by Borrower:

Appears in 1 contract

Samples: Loan and Security Agreement (Us Automotive Manufacturing Inc)

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Lenders Rights and Remedies. 8.1 Upon the occurrence of an Event of Default by Borrower (or any Guarantor’s default under this Agreementthe terms of the Guarantor’s guaranty), Lender may, at its election, without notice of its election and without demand, do any one or more of the following, all of which are authorized by Borrower:

Appears in 1 contract

Samples: Security Agreement

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