REMEDIES; RIGHTS UPON DEFAULT. At any time after the occurrence of an Event of Default, in addition to any other rights, powers, and remedies available under any Transaction Document, or at law, in equity, by statute, or otherwise, SOIF II shall have all the following rights, powers, and remedies, which SOIF II may (but shall not be obligated to) exercise, concurrently or singly, in whole or in part, at any time and from time to time, by or through such officers, agents, employees, or other representatives of SOIF II as SOIF II may select, without any hindrance or delay by BEMT and without any notice or demand upon BEMT except as expressly required in this Section 4.2:
Appears in 4 contracts
Samples: Pledge and Security Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Pledge and Security Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Pledge and Security Agreement (Bluerock Enhanced Multifamily Trust, Inc.)
REMEDIES; RIGHTS UPON DEFAULT. At any time after the occurrence of an Event of Default, in addition to any other rights, powers, and remedies available under any Transaction Document, or at law, in equity, by statute, or otherwise, SOIF II shall have all the following rights, powers, and remedies, which SOIF II may (but shall not be obligated to) exercise, concurrently or singly, in whole or in part, at any time and from time to time, by or through such officers, agents, employees, or other representatives of SOIF II as SOIF II may select, without any hindrance or delay by BEMT and without any notice or demand upon BEMT except as expressly required in this Section 4.2:
Section 4.2.1. Acceleration. SOIF II may declare Obligations to be immediately due and payable.
Appears in 1 contract
Samples: Pledge and Security Agreement (Bluerock Enhanced Multifamily Trust, Inc.)
REMEDIES; RIGHTS UPON DEFAULT. At any time after the occurrence of an Event of Default, in addition to any other rights, powers, and remedies available under any Transaction Document, or at law, in equity, by statute, or otherwise, SOIF II shall have all the following rights, powers, and remedies, which SOIF II may (but shall not be obligated to) exercise, concurrently or singly, in whole or in part, at any time and from time to time, by or through such officers, agents, employees, or other representatives of SOIF II as SOIF II may select, without any hindrance or delay by BEMT and without any notice or demand upon BEMT except as expressly required in this Section 4.2:
Appears in 1 contract
Samples: Pledge and Security Agreement (Bluerock Enhanced Multifamily Trust, Inc.)
