Common use of RIGHTS AND REMEDIES ON DEFAULT Clause in Contracts

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 California 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 penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 9 contracts

Samples: Business Loan Agreement (Real Goods Trading Corp), Commercial Security Agreement (Amphastar Pharmaceuticals, Inc.), Loan Agreement (Autoweb Com Inc)

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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 California 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 penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 8 contracts

Samples: Loan Agreement (Incomnet Inc), Business Loan Agreement (Large Scale Biology Corp), Credit Agreement (Micro General 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 California 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 penalty which Grantor would be required to pay, immediately due and payable, without noticenotice of any kind to Grantor.

Appears in 6 contracts

Samples: Commercial Security Agreement (Eaco Corp), Commercial Security Agreement (Bona Film Group LTD), Business Loan Agreement (Broadway Financial Corp \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 California 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 penalty which Grantor Borrower would be required to pay, immediately due and payable, without noticenotice of any kind to Borrower or Grantor.

Appears in 5 contracts

Samples: Business Loan Agreement (Amphastar Pharmaceuticals, Inc.), Commercial Security Agreement (Daily Journal Corp), Commercial Security Agreement (Daily Journal Corp)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the Loan No: 13880 (Continued) Page 5 rights of a secured party under the California 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 penalty which Grantor Borrower would be required to pay, immediately due and payable, without noticenotice of any kind to Borrower or Grantor.

Appears in 2 contracts

Samples: Commercial Security Agreement (Heritage Global Inc.), Commercial Security Agreement (Heritage Global 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 California 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 penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 2 contracts

Samples: Commercial Security Agreement (Genesis Media Group Inc /De/), Promissory Note (Gynecare 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 California 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 Indebtednessindebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 2 contracts

Samples: Credit Agreement and Promissory Note (LXN Corp), Commercial Security Agreement (Carbite Golf 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 California 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 penalty which Grantor Borrower would be required to pay, immediately due and payable, without notice.

Appears in 2 contracts

Samples: Commercial Security Agreement (Faroudja Inc), Commercial Security Agreement (Keith Companies 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 California 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 penalty which Grantor would be required to pay, immediately due and payable, without noticenotice of any kind to Grantor.

Appears in 2 contracts

Samples: Commercial Security Agreement (Syntax-Brillian Corp), Business Loan Agreement (Chicago Pizza & Brewery Inc)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all at the rights of a secured party under the California 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 penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 1 contract

Samples: Commercial Security Agreement (Penn Octane 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 California 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 Indebtednessindebtedness, including any prepayment penalty which Grantor Borrower would be required to pay, immediately due and payable, without noticenotice of any kind to Borrower or Grantor.

Appears in 1 contract

Samples: Commercial Security Agreement (Primal Solutions 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 California Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remediesremedies to the extent allowed by applicable law: (a) Accelerate Indebtedness. Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without noticenotice (except notices required by applicable law).

Appears in 1 contract

Samples: Loan Agreement (Phillips R H 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 California 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 penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 1 contract

Samples: Commercial Security Agreement (Aspec Technology Inc)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this this, Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the California 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 penalty which Grantor would be required to pay, immediately due and payable, without noticenotice of any kind to Grantor.

Appears in 1 contract

Samples: Commercial Security Agreement (Amexdrug Corp)

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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 California 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 penalty which Grantor would be he required to pay, immediately due and payable, without notice.

Appears in 1 contract

Samples: Commercial Security Agreement (Techniclone International 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 California 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 penalty which Grantor Borrower would be required to pay, immediately due and payable, without noticenotice of any kind to Borrower or Grantor.

Appears in 1 contract

Samples: Commercial Security Agreement (Ophthalmic Imaging Systems)

RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender Xxxxxx shall have all the rights of a secured party under the California 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 penalty which Grantor would be required to pay, immediately due and payable, without noticenotice of any kind to Grantor.

Appears in 1 contract

Samples: Commercial Security Agreement (Versant Corp)

RIGHTS AND REMEDIES ON DEFAULT. If In an Event of Default occurs under this Agreement, at any nay time thereafter, Lender shall have all the rights of a secured party under the California Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATED INDEBTEDNESS. Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 1 contract

Samples: Business Loan Agreement (U S Laboratories 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 California 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 Indebtednessindebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without noticenotice of any kind to Grantor.

Appears in 1 contract

Samples: Commercial Security Agreement (Super Micro Computer, 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 California 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 penalty which Grantor would be required to pay, immediately Immediately due and payable, without notice.

Appears in 1 contract

Samples: Business Loan Agreement (Solopoint 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 California Uniform Commercial Code. In addition 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 penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 1 contract

Samples: Credit Agreement (Mp3 Com 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 rxxxxx of a secured party under the California Uniform Commercial Code. In addition and without limitation, Lender may exercise any one anyone or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtednessentixx Xxxebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without noticenotice of any kind to Grantor.

Appears in 1 contract

Samples: Commercial Security Agreement (I/Omagic 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 California Uniform Commercial Code. In addition and without limitation, if an Event of Default occurs Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness: 8.1. ACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness, including any prepayment penalty which Grantor would be required to pay, immediately due and payable, without notice.

Appears in 1 contract

Samples: Business Loan Agreement (Niku Corp)

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