Remedies Upon Occurrence of Event of Default Sample Clauses

Remedies Upon Occurrence of Event of Default. 13 7.1. Remedies; Obtaining the Collateral Upon Default............. 13 7.2. Remedies; Disposition of the Collateral..................... 14 7.3.
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Remedies Upon Occurrence of Event of Default. 8.1. Remedies, Obtaining the Security Agreement Collateral Upon Default. ------------------------------------------------------------------ Each Grantor 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: (a) personally, or by agents or attorneys, immediately take possession of the Security Agreement Collateral or any part thereof, from such Grantor or any other Person who then has possession of any part thereof, with or without notice or process of law, and for that purpose may enter upon such Grantor's premises where any of the Security Agreement Collateral is located and remove the same and use in connection with such removal any and all servic es, supplies, aids and other facilities of such Grantor; (b) instruct the obligor or obligors on any agreement, instrument or other obligation (including, without limitation, the Accounts) constituting the Security Agreement Collateral to make any payment required by the terms of such agreement or instrument directly to the Collateral Agent; (c) withdraw all monies, securities and other instruments in the Cash Collateral Account for application to the Obligations in accordance with Section 8.4; ----------- (d) sell, assign or otherwise liquidate, or direct such Grantor to sell, assign or otherwise liquidate, any or all of the Security Agreement Collateral or any part thereof in accordance with Section 8.2 and take ----------- possession of the proceeds of any such sale or liquidation; (e) take possession of the Security Agreement Collateral, or any part thereof, by directing such Grantor in writing to deliver the same to the Collateral Agent at any place or places designated by the Collateral Agent, in which event such Grantor shall at its own expense: (i) forthwith cause the same to be moved to the place or places so designated by the Collateral Agent and there delivered to the Collateral Agent, (ii) store and keep any Security Agreement Collateral so delivered to the Collateral Agent at such place or places pending further action by the Collateral Agent as provided in Section 8.2, and ----------- (iii) while the Security Agreement Collateral shall be so stored and kept, provide s...
Remedies Upon Occurrence of Event of DefaultSection 7.1. Remedies; Obtaining the Collateral Upon Default.........................................
Remedies Upon Occurrence of Event of Default. Remedies: Obtaining the Collateral Upon Default....
Remedies Upon Occurrence of Event of Default. 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:
Remedies Upon Occurrence of Event of Default. Each 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, may: personally, or by agents or attorneys, immediately, without the necessity to obtain a prior court order,
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