Common use of Non-Judicial Remedies Clause in Contracts

Non-Judicial Remedies. In granting to the Secured Party the power to enforce its rights hereunder without prior judicial process or judicial hearing, to the extent permitted by applicable Law, Grantor waives, renounces and knowingly relinquishes any legal right that might otherwise require the Secured Party to enforce its rights by judicial process and confirms that such remedies are consistent with the usage of trade, are responsive to commercial necessity and are the result of a bargain at arm’s length. The Secured Party may, however, in its discretion, resort to judicial process.

Non-Judicial Remedies. In granting to the Secured Party the power to enforce its rights hereunder without prior judicial process or judicial hearing, to the extent permitted by applicable Law, Grantor expressly waives, renounces and knowingly relinquishes any legal right that which might otherwise require the Secured Party to enforce its rights by judicial process process. Grantor recognizes and confirms concedes that such non-judicial remedies are consistent with the usage of trade, are responsive to commercial necessity and are the result of a bargain at arm’s length. The Nothing herein is intended to prevent Secured Party may, however, in its discretion, resort or Grantor from resorting to judicial processprocess at either party’s option.

Non-Judicial Remedies. In granting to the Secured Party the power to enforce its rights hereunder without prior judicial process or judicial hearing, to the extent permitted by applicable Law, Grantor expressly waives, renounces and knowingly relinquishes any legal right that which might otherwise require the Secured Party to enforce its rights by judicial process process. Grantor recognizes and confirms concedes that such non-judicial remedies are consistent with the usage of trade, are responsive to commercial necessity and are the result of a bargain at arm’s 's length. The Nothing herein is intended to prevent Secured Party may, however, in its discretion, resort or Grantor from resorting to judicial processprocess at either party's option.

Non-Judicial Remedies. In granting to the Secured Party the power to enforce its rights hereunder without prior judicial process or judicial hearing, to the extent permitted by applicable Law, Grantor expressly waives, renounces and knowingly relinquishes any legal right that which might otherwise require the Secured Party to enforce its rights by judicial process process. Grantor recognizes and confirms concedes that such non‑judicial remedies are consistent with the usage of trade, are responsive to commercial necessity and are the result of a bargain at arm’s 's length. The Nothing herein is intended to prevent Secured Party may, however, in its discretion, resort or Grantor from resorting to judicial processprocess at either party's option.

Non-Judicial Remedies. In granting to the Secured Party the power to enforce its rights hereunder without prior judicial process or judicial hearing, to the extent permitted by applicable Law, each Grantor expressly waives, renounces and knowingly relinquishes any legal right that which might otherwise require the Secured Party to enforce its rights by judicial process process. In so providing for non judicial remedies, each Grantor recognizes and confirms concedes that such remedies are consistent with the usage of trade, are responsive to commercial necessity necessity, and are the result of a bargain at arm’s length. The Secured Party mayNothing herein is intended, however, in its discretion, resort to prevent Secured Party or any Grantor from resorting to judicial processprocess at its option.

Non-Judicial Remedies. In granting to the Secured Party the power to enforce its rights hereunder without prior judicial process or judicial hearing, to the extent permitted by applicable Lawlaw, Grantor waives, renounces and knowingly relinquishes any legal right that might otherwise require the Secured Party to enforce its rights by judicial process and confirms that such remedies are consistent with the usage of trade, are responsive to commercial necessity and are the result of a bargain at arm’s length. The Secured Party may, however, in its discretion, resort to judicial process.

Non-Judicial Remedies. In granting to the Secured Party the power to enforce its rights hereunder without prior judicial process or judicial hearing, to the extent permitted by applicable Law, Grantor expressly waives, renounces renounces, and knowingly relinquishes any legal right that which might otherwise require the Secured Party to enforce its rights by judicial process process. Grantor recognizes and confirms concedes that such non‑judicial remedies are consistent with the usage of trade, are responsive to commercial necessity and are the result of a bargain at arm’s length. The Nothing herein is intended to prevent Secured Party may, however, in its discretion, resort or Grantor from resorting to judicial processprocess at either party’s option.

Non-Judicial Remedies. In granting to the Secured Party the power to enforce its rights hereunder without prior judicial process or judicial hearing, to the extent permitted by applicable Law, each Grantor expressly waives, renounces and knowingly relinquishes any legal right that which might otherwise require the Secured Party to enforce its rights by judicial process process. In so providing for non-judicial remedies, each Grantor recognizes and confirms concedes that such remedies are consistent with the usage of trade, are responsive to commercial necessity necessity, and are the result of a bargain at arm’s length. The Secured Party mayNothing herein is intended, however, in its discretion, resort to prevent Secured Party or any Grantor from resorting to judicial processprocess at its option.