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:

Appears in 4 contracts

Samples: Loan, Security and Agency Agreement (Silverleaf Resorts Inc), Security and Agency Agreement (Bluegreen Corp), Security and Agency Agreement (Silverleaf Resorts Inc)

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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:

Appears in 1 contract

Samples: Loan and Security Agreement Inventory (Silverleaf Resorts Inc)

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