Rights and Remedies of Bank. No delay or omission of the Bank to exercise any right or power hereunder shall impair such right or power or be construed as a waiver of any default or as acquiescence therein; and any single or partial exercise of any such right or power shall not preclude other or further exercise thereof or the exercise of any other right or power; and no waiver shall be valid unless in writing signed by the Bank, and then only to the extent specifically set forth in such writing. All rights and remedies hereunder and under any of the other Loan Documents or by law afforded shall be cumulative and all shall be available to the Bank until the Note and all other liabilities of the Borrower to the Bank have been paid in full and all obligations of the Borrower to the Bank have been satisfied.
Rights and Remedies of Bank. In addition to Bank’s rights under this Agreement, Bank shall have all rights granted to lessors of safe deposit boxes by applicable law. Each Lessee is liable for obligations and for any breach by any other Lessee. Lessees shall be liable to Bank for any costs, expenses, or damages resulting from any breach of this Agreement by Lessees, including Bank’s expenses and attorneys’ fees in enforcing its rights under this Agreement.
Rights and Remedies of Bank. Upon the happening or occurrence of an Event of Default hereunder which is continuing uncured and unwaived, and at any time thereafter and from time to time, the Bank shall have all of the rights and remedies of a secured party under the Uniform Commercial Code as enacted in and then in effect in Illinois. In addition, the Bank shall also have the following rights and remedies:
Rights and Remedies of Bank. The rights and remedies of Bank shall be cumulative and non-exclusive. Delay, discontinuance, or failure to exercise any right or remedy of Bank shall not be a waiver thereof, of any other right or remedy of Bank, or of the time of the essence provision. Exercise of any right or remedy of Bank shall not cure or waive any Event of Default or invalidate any act done in response to any Event of Default.
Rights and Remedies of Bank. Upon the occurrence of an Event of Default described in Subsections 8(e), 8(f) or 8(g) of this Agreement, all of the Obligations shall automatically and immediately be due and payable. Upon and after the occurrence of an Event of Default, Bank may, without notice or demand, exercise in any jurisdiction in which enforcement hereof is sought, the following rights and remedies, in addition to the rights and remedies available to Bank under the Other Agreements, the rights and remedies of a secured party under the Uniform Commercial Code and all other rights and remedies available to Bank under applicable law, all such rights and remedies being cumulative and enforceable alternatively, successively or concurrently:
Rights and Remedies of Bank. Upon the occurrence of an Event of Default, Bank may, without notice or demand, exercise in any jurisdiction in which enforcement hereof is sought, the following rights and remedies, in addition to the rights and remedies of a secured party under the Uniform Commercial Code and all other rights and remedies available to Bank under applicable law, all such rights and remedies being cumulative and enforceable alternatively, successfully, successively or concurrently: (a) Declare the Note, all Interest accrued and unpaid thereon, and all other Obligations to be immediately due and payable and the same shall thereupon become immediately due and payable without presentment, demand or protest, all of which are hereby expressly waived. (b) Institute any proceeding or proceedings to enforce the Obligations and any Lien of Bank. (c) Take possession of the Collateral, and for that purpose, so far as Borrower may give authority therefor, enter upon the premises on which the Collateral or any part thereof may be situated and remove the same therefrom without any liability for suit, action or other proceeding by Borrower, BORROWER and its SUBSIDIARIES, if any, HEREBY WAIVING ANY AND ALL RIGHTS TO PRIOR NOTICE AND TO JUDICIAL HEARING WITH RESPECT TO REPOSSESSION OF COLLATERAL, and require Borrower, at Borrower's expense, to assemble and deliver the Collateral to such place or places as Bank may designate. (d) Operate, manage and control the Collateral, or permit the Collateral or any portion thereof to remain idle, or store the same, and collect all rents and revenues therefrom and sell otherwise dispose of any or all of the Collateral (including, without limitation, toll, transfer or reassign any license) upon such terms and under such conditions at Bank, in its reasonable discretion, may determine, all without any notice or demand, and purchase or acquire any of the Collateral at any such sales or other disposition, all to the extent permitted by applicable law. (e) With respect to any instruments, accounts, contract rights or other debts payable to Borrower or its Subsidiaries, if any, securing the Obligations, notify any account debtors and other obligors to make payments thereon
Rights and Remedies of Bank. Upon the occurrence of an Event of Default, Bank may, without notice or demand, exercise in any jurisdiction in which enforcement hereof is sought, the following rights and remedies, in addition to the rights and remedies of a secured party under the Uniform Commercial Code and all other rights and remedies available to Bank under applicable law, all such rights and remedies being cumulative and enforceable alternatively, successively or concurrently:
Rights and Remedies of Bank. Bank, in its sole discretion, may proceed to exercise any right or remedy which it may have under this Guaranty against Guarantor without first pursuing or exhausting any rights or remedies which it may have against Applicant or against any other person or entity or any collateral security, and may proceed to exercise any right or remedy which it may have under this Guaranty without regard to any actions or omissions of any other person or entity, in any manner or order, without any obligation to marshal in favor of Guarantor or other persons or entities and without releasing any of Guarantor's obligations hereunder with respect to any unpaid Obligations and Expenses. No remedy herein conferred upon or reserved to Bank is intended to be exclusive of any other available remedy or remedies, but each and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Guaranty or now or hereafter existing at law or in equity.
Rights and Remedies of Bank. Upon the occurrence of any of the aforementioned events of default and at any time thereafter, provided such default has not been cured, or whenever the Bank shall deem itself insecure with respect to the loans made hereunder due to any act or failure to act by Borrower or due to a determination by the Bank respecting the operations, prospects or financial condition of Borrower, all of the loans made hereunder and all other indebtedness secured hereby shall become immediately due and payable at the Bank's option without notice to Borrower, and the Bank may proceed to enforce payment of same and to exercise any or all rights and remedies afforded to the Bank by the Uniform Commercial Code of the state in which Bank's office identified above is located, or otherwise provided the Bank, and further, in addition to such rights and remedies, the Bank shall also have the right to apply in reduction of the sums secured hereby, by way of set-off, the then balance of any account with the Bank in Borrower's name, all without any notice to the Borrower of any kind whatsoever. To the full extent, if any, permitted by applicable law, Borrower agrees to pay, and indemnify Bank against, all costs, fees and expenses (including reasonable attorneys' fees) incurred by Bank in enforcing rights respecting and realizing upon any of the Collateral, and any and all claims, demands, judgments, penalties, fines, liabilities, costs, damages and expenses incurred by Bank, directly or indirectly, from the existence of any Hazardous Material upon or emanating from any of the Collateral, including abatement and cleanup costs and any fines imposed by reason thereof.
Rights and Remedies of Bank. 56 Section 12.1 Remedies of the Bank..................................................................56 Section 12.2 Collection of Other Accounts, Etc.....................................................57 Section 12.3
