Common use of Rights and Remedies of Mortgagee Clause in Contracts

Rights and Remedies of Mortgagee. If an Event of Default occurs, Mortgagee may, at its option and notwithstanding any contrary provisions in the Loan Documents, without demand, notice or delay, do one or more of the following:

Appears in 20 contracts

Samples: Security Agreement (Avalon Holdings Corp), Security Agreement (Avalon Holdings Corp), Security Agreement (Avalon Holdings Corp)

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Rights and Remedies of Mortgagee. If an Event of Default occurs, subject to the Loan Documents, the Mortgagee may, at its option and notwithstanding any contrary provisions in the Loan Documents, without demand, notice or delay, do one or more of the following:

Appears in 1 contract

Samples: And Security Agreement (Miscor Group, Ltd.)

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