Common use of Remedies Upon Enforcement Notice Clause in Contracts

Remedies Upon Enforcement Notice. (a) Upon being instructed to do so in an Enforcement Notice or in written instructions given by the Required Lenders at any time while an Enforcement Notice is in effect, the Collateral Agent shall exercise (or cause its sub-agents, if any, to exercise) any or all of the remedies available to it (or to such sub-agents) under the Collateral Documents.

Appears in 2 contracts

Samples: Credit Agreement (Kindred Healthcare, Inc), Credit Agreement (Kindred Healthcare Inc)

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Remedies Upon Enforcement Notice. (a) Upon being instructed to do so in an Enforcement Notice or in written instructions given by the Required Lenders at any time while an Enforcement Notice is in effect, the Collateral Agent shall may exercise (or cause its subco-agentsagents and co-trustees, if any, to exercise) any or all of the remedies available to it (or to such subco-agentsagents or co-trustees) under the Collateral Documents.

Appears in 2 contracts

Samples: Second Priority Security Agreement (Kindred Healthcare Inc), Agreement (Vencor Inc)

Remedies Upon Enforcement Notice. (a) Upon being instructed to do so in an Enforcement Notice or in written instructions given by the Required Lenders at any time while an Enforcement Notice is in effect, the Collateral Agent shall exercise (or cause its subco-agentsagents and co-trustees, if any, to exercise) any or all of the remedies available to it (or to such subco-agentsagents or co-trustees) under the Collateral Documents.

Appears in 1 contract

Samples: Credit Agreement (Kindred Healthcare Inc)

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Remedies Upon Enforcement Notice. (a) Upon being instructed to do so in an Enforcement Notice or in written instructions given by the Required Lenders at any time while an Enforcement Notice is in effect, the Collateral Agent shall may exercise (or cause its subco- agents and co-agentstrustees, if any, to exercise) any or all of the remedies available to it (or to such subco-agentsagents or co-trustees) under the Collateral Documents.

Appears in 1 contract

Samples: Security Agreement (Mariner Post Acute Network Inc)

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