RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Delaware Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtedness, including any prepayment fee which Borrower would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.
Appears in 4 contracts
Samples: Commercial Security Agreement (Wayside Technology Group, Inc.), Commercial Security Agreement (Wayside Technology Group, Inc.), Commercial Security Agreement (Wayside Technology Group, Inc.)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Delaware Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtedness, including any prepayment fee penalty which Borrower Grantor would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.
Appears in 4 contracts
Samples: Commercial Security Agreement (LiveXLive Media, Inc.), Commercial Security Agreement (Nanophase Technologies Corporation), Commercial Security Agreement (Willdan Group, Inc.)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Delaware Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender Xxxxxx may declare the entire Indebtedness, including any prepayment fee penalty which Borrower Grantor would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.
Appears in 3 contracts
Samples: Commercial Security Agreement (Better Choice Co Inc.), Security Agreement, Commercial Guaranty (Natrol Inc)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Delaware Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender Xxxxxx may declare the entire Indebtedness, including any prepayment fee penalty which Borrower Xxxxxxxx would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.
Appears in 2 contracts
Samples: Commercial Security Agreement (Isecuretrac Corp), Commercial Guaranty (Natrol Inc)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Delaware Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender Xxxxxx may declare the entire Indebtedness, including any prepayment fee penalty which Borrower Grantor would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.
Appears in 1 contract
Samples: Business Loan Agreement (Craftmade International Inc)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Delaware Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness, including Including any prepayment fee penalty which Borrower Grantor would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantornotice.
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RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Delaware Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness, including any prepayment fee penalty which Borrower Grantor would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.
Appears in 1 contract
Samples: Commercial Security Agreement (International Remote Imaging Systems Inc /De/)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Delaware Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtednessindebtedness, including any prepayment fee penalty which Borrower would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantornotice.
Appears in 1 contract
Samples: Commercial Security Agreement (Alliance Pharmaceutical Corp)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Delaware Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness, including any prepayment fee penalty which Borrower would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.
Appears in 1 contract
Samples: Commercial Security Agreement (International Remote Imaging Systems Inc /De/)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party Lender under the Delaware Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtedness, including any prepayment fee penalty which the Borrower would be required to pay, pay immediately due and payable, without notice of any kind to Borrower or GrantorBorrower.
Appears in 1 contract
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Delaware Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtedness, including any prepayment fee penalty which Borrower would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.
Appears in 1 contract
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Delaware Uniform Commercial Code. , In addition and without limitationLimitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtednessindebtedness, including any prepayment fee penalty which Borrower Grantor would be required to pay, immediately due and payable, without notice of any kind to Borrower or Grantor.
Appears in 1 contract
