Common use of Rights Against Collateral Clause in Contracts

Rights Against Collateral. Upon the occurrence of any Event of Default, Lender may, without notice or demand, do any one or more of the following, all of which are authorized by Borrower, and all of which Borrower agrees are commercially reasonable:

Appears in 3 contracts

Samples: Loan and Security Agreement (Energy Focus, Inc/De), Loan and Security Agreement (Energy Focus, Inc/De), Loan and Security Agreement (Point.360)

AutoNDA by SimpleDocs

Rights Against Collateral. Upon the occurrence and during the continuance of any Event of Default, Lender may, without notice or demand, do any one or more of the following, all of which are authorized by Borrower, and all of which Borrower agrees are commercially reasonable:

Appears in 1 contract

Samples: Loan and Security Agreement (Superior Drilling Products, Inc.)

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