Common use of Rights of Lender Regarding Collateral Clause in Contracts

Rights of Lender Regarding Collateral. In addition to all other rights possessed by Agent or Lenders, Agent, at its option, may on behalf of each Lender from time to time after there shall have occurred an Event of Default, and so long as such Event of Default remains uncured, at its sole discretion, take the following actions: (a) Transfer all or any part of the Collateral into the name of Agent or its nominee; (b) Take control of any proceeds of any of the Collateral; (c) Extend or renew the Loan and grant releases, compromises or indulgences with respect to the Obligations, any portion thereof, any extension or renewal thereof, or any security therefor, to any obligor hereunder or thereunder; and (d) Exchange certificates or instruments representing or evidencing the Collateral for certificates or instruments of smaller or larger denominations for any purpose consistent with the terms of this Agreement.

Rights of Lender Regarding Collateral. In addition to all other rights possessed by Agent or LendersLender, AgentLender, at its option, may on behalf of each Lender from time to time after there shall have occurred an Event of Default, and for so long as such Event of Default remains uncured, at in its sole discretion, take the following actions: (a) Transfer all or any part of the Collateral into the name of Agent Lender or its nominee; (b) Take control of any the proceeds of any of the Collateral; (c) Extend or renew the Loan and grant releases, compromises compromises, or indulgences with respect to the Obligations, any portion thereof, any extension extension, or renewal thereof, or any security therefor, to any obligor hereunder or thereunder; and (d) Exchange certificates or instruments representing or evidencing the Collateral for certificates or instruments of smaller or larger denominations for any purpose consistent with the terms of this Agreement.

Rights of Lender Regarding Collateral. In addition to all other rights possessed by Agent or Lendersthe Lender, AgentLender, at its option, may on its behalf of each Lender from time to time after there shall have occurred an Event of Default, and so long as such Event of Default remains uncured, at its sole discretion, take the following actions: (a) Transfer all or any part of the Collateral into the name of Agent Lender or its nominee; (b) Take control of any proceeds of any of the Collateral; (c) Extend or renew the Loan and grant releases, compromises or indulgences with respect to the Obligations, any portion thereof, any extension or renewal thereof, or any security therefor, to any obligor hereunder or thereunder; and (d) Exchange certificates or instruments representing or evidencing the Collateral for certificates or instruments of smaller or larger denominations for any purpose consistent with the terms of this Agreement.

Rights of Lender Regarding Collateral. In addition to all other rights possessed by Agent or LendersLender, AgentLender, at its option, may on behalf of each Lender from time to time after there shall have occurred an Event of Default, and so long as such Event of Default remains uncured, at its sole discretion, take the following actions: (a) Transfer all or any part of the Collateral into the name of Agent Lender or its nominee; (b) Take control of any proceeds of any of the Collateral; (c) Extend or renew the Loan and grant releases, compromises or indulgences with respect to the Obligations, any portion thereof, any extension or renewal thereof, or any security therefor, to any obligor hereunder or thereunder; and (d) Exchange certificates or instruments representing or evidencing the Collateral for certificates or instruments of smaller or larger denominations for any purpose consistent with the terms of this Agreement.

Rights of Lender Regarding Collateral. In addition to all other rights possessed by Agent or LendersLender, AgentLender, at its option, may on its own behalf of each Lender from time to time after there shall have occurred an Event of Default, and so long as such Event of Default remains uncured, at its sole discretion, take the following actions: (a) Transfer transfer all or any part of the Collateral into the name of Agent Lender or its nominee; (b) Take take control of any proceeds of any of the Collateral; (c) Extend extend or renew the Loan and grant releases, compromises or indulgences with respect to the Obligations, any portion thereof, any extension or renewal thereof, or any security therefor, to any obligor hereunder or thereunder; and (d) Exchange exchange certificates or instruments representing or evidencing the Collateral for certificates or instruments of smaller or larger denominations for any purpose consistent with the terms of this Agreement.

Rights of Lender Regarding Collateral. In addition to all other rights possessed by Agent or Lenders, Agent, at its option, may on behalf of each Lender Lender, from time to time after there shall have occurred an Event of Default, and so long as such Event of Default remains uncured, at its sole discretion, take the following actions: (a) Transfer all or any part of the Collateral into the name of Agent or its nominee; (b) Take control of any proceeds of any of the Collateral; (c) Extend or renew the Loan and grant releases, compromises or indulgences with respect to the Obligations, any portion thereof, any extension or renewal thereof, or any security therefor, to any obligor hereunder or thereunder; and (d) Exchange certificates or instruments representing or evidencing the Collateral for certificates or instruments of smaller or larger denominations for any purpose consistent with the terms of this Agreement.

Rights of Lender Regarding Collateral. In addition to all other rights possessed by Agent or LendersLender, AgentLender, at its option, may on behalf of each Lender from time to time after there shall have occurred an Event of Default, and for so long as such Event of Default remains uncured, at its sole discretion, take the following actions: (a) Transfer all or any part of the Collateral into the name of Agent Lender or its nominee; (b) Take control of any the proceeds of any of the Collateral; (c) Extend or renew the Loan and grant releases, compromises compromises, or indulgences with respect to the Obligations, any portion thereof, any extension extension, or renewal thereof, or any security therefor, to any obligor hereunder or thereunder; and (d) Exchange certificates or instruments representing or evidencing the Collateral for certificates or instruments of smaller or larger denominations for any purpose consistent with the terms of this Agreement.

Rights of Lender Regarding Collateral. In addition to all other rights possessed by Agent or LendersLender, AgentLender, at its option, may on behalf of each Lender from time to time after there shall have occurred an Event of Default, and so long as such Event of Default remains uncured, at its sole discretiondiscretion and subject to applicable law, take the following actions: (a) Transfer all or any part of the Collateral into the name of Agent Lender or its nominee; (b) Take control of any proceeds of any of the Collateral; (c) Extend or renew the Loan and grant releases, compromises or indulgences with respect to the Obligations, any portion thereof, any extension or renewal thereof, or any security therefor, to any obligor hereunder or thereunder; and (d) Exchange certificates or instruments representing or evidencing the Collateral for certificates or instruments of smaller or larger denominations for any purpose consistent with the terms of this Agreement.