Common use of Remedial Provisions Clause in Contracts

Remedial Provisions. During the existence of an Event of Default, the Administrative Agent may, at the Administrative Agent’s option, exercise one or more of the remedies specified elsewhere in this Agreement or the following remedies:

Appears in 5 contracts

Samples: Security Agreement (Basic Energy Services Inc), Security Agreement (Basic Energy Services Inc), Security Agreement (Basic Energy Services Inc)

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Remedial Provisions. During Following the existence occurrence and during the continuance of an Event of Default, the Administrative Agent may, at the Administrative Agent’s option, exercise one or more of the remedies specified elsewhere in this Agreement or the following remedies:

Appears in 3 contracts

Samples: Security Agreement (USD Partners LP), Security Agreement, Security Agreement (USD Partners LP)

Remedial Provisions. During the existence of an Event of Default, the Administrative Agent may, subject to the Intercreditor Agreement, at the Administrative Agent’s optionoption at the direction of the Required Lenders, exercise one or more of the remedies specified elsewhere in this Agreement or the following remedies:

Appears in 2 contracts

Samples: Security Agreement (Basic Energy Services Inc), Security Agreement (Basic Energy Services Inc)

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Remedial Provisions. During the existence and continuation of an Event of Default, the Administrative Agent may, at the Administrative Agent’s option, exercise one or more of the remedies specified elsewhere in this Agreement or the following remedies:

Appears in 1 contract

Samples: Security Agreement (Grant Prideco Inc)

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