Common use of Remedies Generally; Obtaining of the Collateral Clause in Contracts

Remedies Generally; Obtaining of the Collateral. Each Grantor agrees that, 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 Administrative Agent, in addition to any rights now or hereafter existing under applicable law, shall have all rights as a secured creditor under the UCC in all relevant jurisdictions and may exercise any or all of the following rights (all of which each Grantor hereby agrees is commercially reasonable to the fullest extent permitted under applicable law now or hereafter in effect):

Appears in 3 contracts

Samples: Pledge and Security Agreement (American Dental Partners Inc), Pledge and Security Agreement (American Dental Partners Inc), Pledge and Security Agreement (American Dental Partners Inc)

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Remedies Generally; Obtaining of the Collateral. Each Grantor agrees that, if any a Default 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 Administrative Collateral Agent, in addition to any rights now or hereafter existing under applicable law, shall have all rights as a secured creditor under the UCC in all relevant jurisdictions and may exercise any or all of the following rights (all of which each Grantor hereby agrees is commercially reasonable to the fullest extent permitted under applicable law now or hereafter in effect):

Appears in 1 contract

Samples: Pledge and Security Agreement (American Greetings Corp)

Remedies Generally; Obtaining of the Collateral. Each Grantor agrees that, if any an Event of Default shall have occurred and be continuing, then and in every such case, subject to any mandatory requirements of applicable law Law then in effect, the Administrative Collateral Agent, in addition to any rights now or hereafter existing under applicable lawLaw, shall have all rights as a secured creditor under the UCC in all relevant jurisdictions and may exercise any or all of the following rights (all of which each Grantor hereby agrees is commercially reasonable to the fullest extent permitted under applicable law Law now or hereafter in effect):

Appears in 1 contract

Samples: Pledge and Security Agreement (American Greetings Corp)

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Remedies Generally; Obtaining of the Collateral. Each The Grantor agrees that, if any an 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 Administrative AgentLender, in addition to any rights now or hereafter existing under applicable law, shall have all rights as a secured creditor under the UCC in all relevant jurisdictions and may exercise any or all of the following rights (all of which each the Grantor hereby agrees is commercially reasonable to the fullest extent permitted under applicable law now or hereafter in effect):

Appears in 1 contract

Samples: Pledge and Security Agreement (Igi Laboratories, Inc)

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