Right to Realize upon Credit Security. Except to the extent prohibited by applicable law that cannot be waived, this Section 3.5 shall govern the Lenders' and the Agent's rights to realize upon the Credit Security if any Event of Default shall have occurred and be continuing. The provisions of this Section 3.5 are in addition to any rights and remedies available at law or in equity and in addition to the provisions of any other Credit Document. In the case of a conflict between this Section 3.5 and any other Credit Document, this Section 3.5 shall govern.
Appears in 3 contracts
Samples: Guarantee and Security Agreement (Nextera Enterprises Inc), Guarantee and Security Agreement (Nextera Enterprises Inc), Guarantee and Security Agreement (Nextera Enterprises Inc)
Right to Realize upon Credit Security. Except to the extent prohibited by applicable law that cannot be waived, this Section 3.5 shall govern the LendersHolders' and the Agent's rights to realize upon the Credit Security if any Event of Default shall have occurred and be continuing. The provisions of this Section 3.5 are in addition to any rights and remedies available at law or in equity and in addition to the provisions of any other Credit Document. In the case of a conflict between this Section 3.5 and any other Credit Document, this Section 3.5 shall govern.
Appears in 2 contracts
Samples: Security Agreement (Ibasis Inc), Security Agreement (Ibasis Inc)
Right to Realize upon Credit Security. Except to the extent prohibited by applicable law that cannot be waived, this Section 3.5 shall govern the LendersLender' s and the Agent's ' s rights to realize upon the Credit Security if any Event of Default shall have occurred and be continuingoccurred. The provisions of this Section 3.5 are in addition to any rights and remedies available at law or in equity and in addition to the provisions of any other Credit Document. In the case of a conflict between this Section 3.5 and any other Credit Document, this Section 3.5 shall govern.
Appears in 1 contract
Samples: Guarantee and Security Agreement (Racing Champions Corp)
Right to Realize upon Credit Security. Except to the extent prohibited by applicable law that cannot be waived, and subject to the Intercreditor Agreements, this Section 3.5 3.4 shall govern the Lenders' rights of the Lenders and the Agent's rights Agent to realize upon the Credit Security if any Event of Default shall have occurred and be continuing. The Subject to the Intercreditor Agreements, the provisions of this Section 3.5 3.4 are in addition to any rights and remedies available at law or in equity and in addition to the provisions of any other Credit Document. In the case of a conflict between this Section 3.5 3.4 and any other Credit DocumentDocument other than the Intercreditor Agreements, this Section 3.5 3.4 shall govern.
Appears in 1 contract
Samples: Guarantee and Security Agreement (Doe Run Resources Corp)
Right to Realize upon Credit Security. Except to the extent prohibited by applicable law that cannot be waived, this Section 3.5 2.4 shall govern the Lenders' and the Agent's rights to realize upon the Credit Security Security, and shall be applicable only if any Event of Default shall have occurred and be continuing. The provisions of this Section 3.5 2.4 are in addition to any rights and remedies available at law or in equity and in addition to the provisions of any other Credit Document. In the case of a conflict between this Section 3.5 2.4 and any other Credit Document, this Section 3.5 2.4 shall govern.
Appears in 1 contract
Right to Realize upon Credit Security. Except to the extent prohibited by applicable law that cannot be waived, this Section 3.5 shall govern the Lenders' Lender's and the Agent's rights to realize upon the Credit Security if any Event of Default shall have occurred and be continuingoccurred. The provisions of this Section 3.5 are in addition to any rights and remedies available at law or in equity and in addition to the provisions of any other Credit Document. In the case of a conflict between this Section 3.5 and any other Credit Document, this Section 3.5 shall govern.law
Appears in 1 contract