Pursuant to Louisiana R Sample Clauses

Pursuant to Louisiana R. S. 27:275 et seq., the Collateral Agent is hereby authorized and empowered to file a petition to foreclose the liens created hereby in which the Louisiana Gaming Control Board is named a nominal defendant and the Assignors request the appointment of a receiver as contemplated by and in accordance with the provisions of the cited statutes. The filing of a verified petition by the Collateral Agent shall constitute prima facie proof of the Collateral Agent's right to enforce the liens created hereby in executory or ordinary proceedings, at the Collateral Agent's option, and to appointment of a receiver pursuant to the cited statutes.
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Pursuant to Louisiana R. S. 9:5136, Secured Party is hereby authorized and empowered to name, at the time of the seizure of any of the Collateral, a keeper of such property, which said keeper may be the Secured Party or its designated agent or nominee, who or which shall be named by the Secured Party in its pleadings to enforce Secured Party's rights and remedies hereunder in a court of competent jurisdiction. The compensation of the services of the keeper is hereby fixed at $500 per day for the period of service, and such compensation and any advances for working capital or otherwise made by the Secured Party to the keeper shall constitute a part of the Indebtedness secured hereby.
Pursuant to Louisiana R. S. 9:5136, the Agent is hereby authorized and empowered to name, at the time of the seizure of any of the Collateral, a keeper of such property, which said keeper may be the Agent or its designated agent or nominee, who or which shall be named by the Agent in its pleadings to enforce its rights and remedies hereunder in a court of competent jurisdiction. The keeper shall be entitled to reasonable compensation for its services, and such compensation and any advances for working capital or otherwise made by the Agent and/or any one or more of the Lenders to the keeper shall constitute a part of the Obligations secured hereby.

Related to Pursuant to Louisiana R

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