Common use of Remedies; Obtaining the Collateral Upon Default Clause in Contracts

Remedies; Obtaining the Collateral Upon Default. Each Assignor agrees that, if any Event of Default shall have occurred and be continuing, then and in every such case, the Collateral 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 also:

Appears in 5 contracts

Samples: Security Agreement (Transworld Home Healthcare Inc), Security Agreement (Tristar Aerospace Co), Security Agreement (Maple Leaf Aerospace Inc)

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Remedies; Obtaining the Collateral Upon Default. Each The Assignor 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 Collateral 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 also:

Appears in 1 contract

Samples: Credit Agreement (Ithaca Industries Inc)

Remedies; Obtaining the Collateral Upon Default. Each Assignor agrees that, if any a Noticed 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 Collateral 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 alsomay:

Appears in 1 contract

Samples: Security Agreement (Vestar Capital Partners Iv Lp)

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Remedies; Obtaining the Collateral Upon Default. Each The Assignor agrees that, if any Event of Default shall have occurred and be continuing, then and in every such case, the Collateral 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 alsomay:

Appears in 1 contract

Samples: Security Agreement (Superior National Insurance Group Inc)

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