Common use of Rights and Remedies of Secured Party Clause in Contracts

Rights and Remedies of Secured Party. Upon the occurrence of any Event of Default, such default not having previously been remedied or cured, the Secured Party may declare all of the Secured Obligations to be immediately due and payable and shall then have the following rights and remedies: (a) All rights and remedies provided by law, including, without limitation, those provided by the Uniform Commercial Code; (b) All rights and remedies provided in this Agreement; and (c) All rights and remedies provided in the Credit Agreement or in the Note or in any other agreement, document or instrument pertaining to any of the Secured Obligations.

Appears in 2 contracts

Samples: Security Agreement (Hagler Bailly Inc), Security Agreement (Hagler Bailly Inc)

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Rights and Remedies of Secured Party. Upon the occurrence of any Event of Default, such default not having previously been waived, remedied or cured, the Secured Party may declare all of the Secured Obligations to be immediately due and payable and shall then have the following rights and remedies: (a) All rights and remedies provided by law, including, without limitation, those provided by the Uniform Commercial Code; (b) All rights and remedies provided in this Agreement; and (c) All rights and remedies provided in the Credit Agreement Secured Agreements or in the Note Collateral Documents, or in any other agreement, document or instrument pertaining to any of the Secured Obligations.

Appears in 1 contract

Samples: Security Agreement (Genzyme Transgenics Corp)

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Rights and Remedies of Secured Party. Upon the occurrence of any Event of Default, such default not having previously been remedied or cured, the Secured Party may declare all of the Secured Obligations to be immediately due and payable and shall then have the following rights and remedies: (a) All rights and remedies provided by law, including, without limitation, those provided by the Uniform Commercial Code; (b) All rights and remedies provided in this Agreement; and (c) All rights and remedies provided in the Credit Agreement or in the Note or in any other agreement, document or instrument pertaining to any of the Secured Obligations.

Appears in 1 contract

Samples: Secured Subordinated Term Note (Ibf Vi Guaranteed Income Fund)

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