Common use of Replevin Clause in Contracts

Replevin. In the event Bank seeks possession of the Collateral through replevin or other court process, Borrower hereby irrevocably waives: (a) any bond, surety or security required as an incident to such possession, and (b) any demand for possession of the Collateral prior to commencement of any suit or action to recover possession thereof.

Replevin. In the event Bank seeks possession of the Collateral through replevin or other court process, Borrower and each Subsidiary hereby irrevocably waiveswaive: (a) any bond, surety or security required as an incident to such possession, and (b) any demand for possession of the Collateral prior to commencement of any suit or action to recover possession thereof.

Replevin. In the event Bank seeks possession of the Collateral through replevin or other court process, each Borrower hereby irrevocably waives: (a) any bond, surety or security required as an incident to such possession, and (b) any demand for possession of the Collateral prior to commencement of any suit or action to recover possession thereof.