Obtaining the Collateral Upon Default. If any Event of Default shall have occurred and be continuing, then and in every such case, subject to any mandatory requirements of applicable law then in effect, the Agent, in addition to any rights now or hereafter existing under applicable law, shall have all rights as a secured creditor under the Uniform Commercial Code in all relevant jurisdictions and may:
Appears in 2 contracts
Samples: General Security Agreement (Halsey Drug Co Inc/New), Guarantors General Security Agreement (Halsey Drug Co Inc/New)
Obtaining the Collateral Upon Default. If any Event of Default shall have occurred and be continuing, then and in every such case, subject to any mandatory requirements of applicable law then in effect, the Agent, in addition to any rights now or hereafter existing under applicable lawlaw and subject to the Subordination Agreement, shall have all rights as a secured creditor under the Uniform Commercial Code in all relevant jurisdictions and may:
Appears in 2 contracts
Samples: General Security Agreement (Halsey Drug Co Inc/New), Guarantors General Security Agreement (Halsey Drug Co Inc/New)
Obtaining the Collateral Upon Default. If any Event of Default shall have occurred and be continuing, then and in every such case, subject to any mandatory requirements of applicable law then in effect, the Agent, in addition to any rights now or hereafter existing under applicable law, shall have all rights as a secured creditor under the Uniform Commercial Code in all relevant jurisdictions and may, without limitation:
Appears in 1 contract
Samples: General Security Agreement (Halsey Drug Co Inc/New)
