Rights of Lender Upon Default. Upon (i) the occurrence of an Event of Default (hereinafter defined) hereunder and so long as such Event of Default is continuing and (ii) compliance with all applicable requirements of the law, the Lender shall have all of the rights and remedies of a secured party under the Uniform Commercial Code and, without limiting the generality of the foregoing, shall also have the rights set forth in this Section 4:
Appears in 4 contracts
Samples: Pledge Agreement (Royal Energy Resources, Inc.), Pledge Agreement (Rhino Resource Partners LP), Pledge Agreement (Royal Energy Resources, Inc.)
