Common use of Remedies of Collateral Agent Clause in Contracts

Remedies of Collateral Agent. 17.1. After the occurrence of an Event of Default, Collateral Agent and the other Secured Creditors shall have no obligation to make further loans, extensions of credit or other financial accommodations to or on behalf of Obligor, anything in any other agreement to the contrary notwithstanding.

Appears in 1 contract

Samples: Continuing General Security Agreement (Napco Security Technologies, Inc)

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Remedies of Collateral Agent. 17.1142.1. After the occurrence of an Event of Default, Collateral Agent and the other Secured Creditors shall have no obligation to make further loans, extensions of credit or other financial accommodations to or on behalf of Obligor, anything in any other agreement to the contrary notwithstanding.

Appears in 1 contract

Samples: Continuing General Security Agreement (Napco Security Technologies, Inc)

Remedies of Collateral Agent. 17.149.1. After the occurrence of an Event of Default, Collateral Agent and the other Secured Creditors shall have no obligation to make further loans, extensions of credit or other financial accommodations to or on behalf of Obligor, anything in any other agreement to the contrary notwithstanding.

Appears in 1 contract

Samples: Continuing General Security Agreement (Napco Security Technologies, Inc)

Remedies of Collateral Agent. 17.1120.1. After the occurrence of an Event of Default, Collateral Agent and the other Secured Creditors shall have no obligation to make further loans, extensions of credit or other financial accommodations to or on behalf of Obligor, anything in any other agreement to the contrary notwithstanding.

Appears in 1 contract

Samples: Continuing General Security Agreement (Napco Security Technologies, Inc)

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Remedies of Collateral Agent. 17.198.1. After the occurrence of an Event of Default, Collateral Agent and the other Secured Creditors shall have no obligation to make further loans, extensions of credit or other financial accommodations to or on behalf of Obligor, anything in any other agreement to the contrary notwithstanding.

Appears in 1 contract

Samples: Continuing General Security Agreement (Napco Security Technologies, Inc)

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