Common use of REMEDIES IN CASE OF EVENT OF DEFAULT Clause in Contracts

REMEDIES IN CASE OF EVENT OF DEFAULT. If there shall have occurred and be continuing an Event of Default, then and in every such case, the Pledgee shall be entitled to exercise all of the rights, powers and remedies (whether vested in it by this Agreement, any other Secured Debt Agreement or by law) for the protection and enforcement of its rights in respect of the Collateral, and the Pledgee shall be entitled to exercise all the rights and remedies of a secured party under the Uniform Commercial Code as in effect in any relevant jurisdiction and also shall be entitled, without limitation, to exercise the following rights, which each Pledgor hereby agrees to be commercially reasonable:

Appears in 5 contracts

Samples: Pledge Agreement (Communications Instruments Inc), Pledge Agreement (Information Holdings Inc), Pledge Agreement (Weblink Wireless Inc)

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REMEDIES IN CASE OF EVENT OF DEFAULT. If there In case an Event of Default shall have occurred and be continuing an Event of Default, then and in every such casecontinuing, the Pledgee shall be entitled to exercise all of the rights, powers and remedies (whether vested in it by this Agreement, Agreement or by any other Secured Debt Agreement or by law) for the protection and enforcement of its rights in respect of the Collateral, and the Pledgee shall be entitled to exercise including, without limitation, all the rights and remedies of a secured party upon default under the Uniform Commercial Code as in effect in any relevant jurisdiction of the State of New York, and also the Pledgee shall be entitled, without limitation, to exercise the following rights, which each the Pledgor hereby agrees to be commercially reasonable:

Appears in 2 contracts

Samples: Company Pledge Agreement (Reltec Corp), Borrower Pledge Agreement (Amerus Life Holdings Inc)

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REMEDIES IN CASE OF EVENT OF DEFAULT. If there In case an Event of Default shall have occurred and be continuing an Event of Default, then and in every such casecontinuing, the Pledgee shall be entitled to exercise all of the rights, powers and remedies (whether vested in it by this Agreement, Agreement or by any other Secured Debt Agreement or by law) for the protection and enforcement of its rights in respect of the Collateral, and the Pledgee shall be entitled to exercise including, without limitation, all the rights and remedies of a secured party upon default under the Uniform Commercial Code as in effect in any relevant jurisdiction of the State of New York, and also the Pledgee shall be entitled, without limitation, to exercise the following rights, which each Pledgor hereby agrees to be commercially reasonable:

Appears in 2 contracts

Samples: Subsidiary Pledge Agreement (Reltec Corp), Pledge Agreement (Superior National Insurance Group Inc)

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