Common use of Right to Realize upon Credit Security Clause in Contracts

Right to Realize upon Credit Security. Except to the extent prohibited by applicable law that cannot be waived, this Section 2.7 shall govern the Lenders’ right to realize upon the Credit Security if any Event of Default shall have occurred and be continuing. The provisions of this Section 2.7 are in addition to any rights and remedies available at law or in equity and in addition to the provisions of any other Loan Document.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Liberty Global PLC), First Lien Credit Agreement (Liberty Global PLC)

AutoNDA by SimpleDocs

Right to Realize upon Credit Security. Except to the extent prohibited by applicable law that cannot be waived, this Section 2.7 2.4 shall govern the Lenders' right to realize upon the Credit Security if any Event of Default shall have occurred and be continuingoccurred. The provisions of this Section 2.7 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 Loan Credit Document. In the case of a conflict between this Section 2.4 and any other Credit Document, this Section 2.4 shall govern.

Appears in 1 contract

Samples: Pledge Agreement (American Tower Corp)

AutoNDA by SimpleDocs

Right to Realize upon Credit Security. Except to the extent prohibited by applicable law that cannot be waived, this Section 2.7 2.5 shall govern the Lenders’ right Lender's and the Managing 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 2.7 2.5 are in addition to any rights and remedies available at law or in equity and in addition to the provisions of any other Loan Credit Document. In the case of a conflict between this Section 2.5 and any other Credit Document, this Section 2.5 shall govern.

Appears in 1 contract

Samples: Security Agreement (American Tower Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!