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

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

Appears in 2 contracts

Samples: Security and Pledge Agreement (Dyntek Inc), Security, Pledge and Guaranty Agreement (Synergy Brands Inc)

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Remedies; Obtaining the Collateral Upon Default. Each Debtor agrees that, if an Event of Default shall have occurred and be continuing, then and in every such case, the PurchasersPurchaser, 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 subject to the subordination thereof pursuant to Section 11.10 hereof, and may:

Appears in 2 contracts

Samples: Security and Pledge Agreement (Dyntek Inc), Security and Pledge Agreement (Dyntek Inc)

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Remedies; Obtaining the Collateral Upon Default. Each Debtor agrees that, if an Event of Default shall have occurred and be continuing, then and in every such case, the Purchasers, 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 subject to the subordination thereof pursuant to Section 11.10 hereof, and may:

Appears in 1 contract

Samples: Security and Pledge Agreement (Dyntek Inc)

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