Common use of Rights of Parties Clause in Contracts

Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to all the rights and remedies provided in the Transaction Documents or in Article 9 of the UCC and any other applicable law, Lender may (but is under no obligation so to do): (a) require Debtor to assemble the Collateral at a place designated by Lender, which is reasonably convenient to the parties; and (b) take possession of all Collateral and of Debtor’s records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in a commercially reasonable manner in whole or in part, at public or private sale, on or off the premises of Debtor; and (c) collect any and all money due or to become due and enforce in Debtor’s name all rights with respect to the Collateral; and (d) settle, adjust or compromise any dispute with respect to any Account; and (e) receive and open mail addressed to Debtor; and (f) on behalf of Debtor, endorse checks, notes, drafts, money orders, instruments or other evidences of payment.

Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to all the rights and remedies provided in the Transaction Documents or in Article 9 of the UCC and any other applicable law, Lender Vicis may (but is under no obligation so to do): (a) require Debtor to assemble the Collateral at a place designated by LenderVicis, which is reasonably convenient to the parties; and (b) take physical possession of all Inventory and other tangible Collateral and of Debtor’s records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in a commercially reasonable manner in whole or in part, at public or private sale, on or off the premises of Debtor; and (c) collect any and all money due or to become due and enforce in Debtor’s name all rights with respect to the Collateral; and (d) settle, adjust or compromise any dispute with respect to any Account; and (e) receive and open mail addressed to Debtor; and (f) on behalf of Debtor, endorse checks, notes, drafts, money orders, instruments or other evidences of payment.

Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to all the rights and remedies provided in the Transaction Documents or in Article 9 of the UCC and any other applicable law, Lender Vicis may (but is under no obligation so to do): (a) require Debtor to assemble the Collateral at a place designated by LenderVicis, which is reasonably convenient to the parties; and (b) take physical possession of all Inventory and other tangible Collateral and of Debtor’s 's records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in a commercially reasonable manner in whole or in part, at public or private sale, on or off the premises of Debtor; and (c) collect any and all money due or to become due and enforce in Debtor’s 's name all rights with respect to the Collateral; and (d) settle, adjust or compromise any dispute with respect to any Account; and (e) receive and open mail addressed to Debtor; and (f) on behalf of Debtor, endorse checks, notes, drafts, money orders, instruments or other evidences of payment.

Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to all the rights and remedies provided in the Transaction Documents or in Article 9 of the UCC and any other applicable law, Lender Seatac may (but is under no obligation so to do): (a) require Debtor to assemble the Collateral at a place designated by LenderSeatac, which is reasonably convenient to the parties; and (b) take physical possession of all Inventory and other tangible Collateral and of Debtor’s records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in a commercially reasonable manner in whole or in part, at public or private sale, on or off the premises of Debtor; and (c) collect any and all money due or to become due and enforce in Debtor’s name all rights with respect to the Collateral; and (d) settle, adjust or compromise any dispute with respect to any Account; and (e) receive and open mail addressed to Debtor; and (f) on behalf of Debtor, endorse checks, notes, drafts, money orders, instruments or other evidences of payment.

Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to all the rights and remedies provided in the Transaction Documents or in Article 9 of the UCC and any other applicable law, Lender Vicis may (but is under no obligation so to do): (a) require Debtor to assemble the Collateral at a place designated by LenderVicis, which is reasonably convenient to the parties; and (b) take physical possession of all Inventory and other tangible Collateral and of Debtor’s records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in a commercially reasonable manner in whole or in part, at public or private sale, on or off the premises of Debtor; and (c) collect any and all money due or to become due and enforce in Debtor’s name all rights with respect to the Collateral; and (d) settle, adjust or compromise any dispute with respect to any Account; and (e) receive and open mail addressed to Debtor; and (f) on behalf of Debtor, endorse checks, notes, drafts, money orders, instruments or other evidences of payment.

Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to all the rights and remedies provided in the Transaction Documents or in Article 9 of the UCC and any other applicable law, Lender Vicis may (but is under no obligation so to do): (a) require Debtor to assemble the Collateral at a place designated by LenderVicis, which is reasonably convenient to the parties; and (b) take physical possession of all Inventory and other tangible Collateral and of Debtor’s records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in a commercially reasonable manner in whole or in part, at public or private sale, on or off the premises of Debtor; and (c) collect any and all money due or to become due and enforce in Debtor’s name all rights with respect to the Collateral; and (d) settle, adjust or compromise any dispute with respect to any Account; and (e) receive and open mail addressed to Debtor; and (f) on behalf of Debtor, endorse indorse checks, notes, drafts, money orders, instruments or other evidences of payment.

Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to all the rights and remedies provided in the Transaction Documents or in Article 9 of the UCC and any other applicable law, Lender Vicis may (but is under no obligation so to do): (a) require each Debtor to assemble the Collateral at a place designated by LenderVicis, which is reasonably convenient to the parties; and (b) take physical possession of all Inventory and other tangible Collateral and of each Debtor’s records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in a commercially reasonable manner in whole or in part, at public or private sale, on or off the premises of such Debtor; and (c) collect any and all money due or to become due and enforce in each Debtor’s name all rights with respect to the Collateral; and (d) settle, adjust or compromise any dispute with respect to any Account; and (e) receive and open mail addressed to each Debtor; and (f) on behalf of each Debtor, endorse checks, notes, drafts, money orders, instruments or other evidences of payment.

Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to all the rights and remedies provided in the Transaction Documents or in Article 9 of the UCC and any other applicable law, Lender the Collateral Agent may (but is under no obligation so to do): (a) require Debtor to assemble the Collateral at a place designated by Lenderthe Collateral Agent, which is reasonably convenient to the parties; and (b) take physical possession of all Inventory and other tangible Collateral and of Debtor’s records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in a commercially reasonable manner in whole or in part, at public or private sale, on or off the premises of Debtor; and (c) collect any and all money due or to become due and enforce in Debtor’s name all rights with respect to the Collateral; and (d) settle, adjust or compromise any dispute with respect to any Account; and (e) receive and open mail addressed to Debtor; and (f) on behalf of Debtor, endorse checks, notes, drafts, money orders, instruments or other evidences of payment.

Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to all the rights and remedies provided in the Transaction Documents or in Article 9 of the UCC and any other applicable law, Lender the Lenders may (but is under no obligation so to do): (a) require Debtor to assemble the Collateral at a place designated by Lenderthe Lenders, which is reasonably convenient to the parties; and (b) take physical possession of all tangible Collateral and of Debtor’s records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in a commercially reasonable manner in whole or in part, at public or private sale, on or off the premises of Debtor; and (c) collect any and all money due or to become due and enforce in Debtor’s name all rights with respect to the Collateral; and (d) settle, adjust or compromise any dispute with respect to any Account; and (e) receive and open mail addressed to Debtor; and (f) on behalf of Debtor, endorse indorse checks, notes, drafts, money orders, instruments or other evidences of payment.

Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to all the rights and remedies provided in the Transaction Documents or in Article 9 Article9 of the UCC and any other applicable law, Lender may (but is under no obligation so to do): (a) require Debtor to assemble the Collateral at a place designated by Lender, which is reasonably convenient to the parties; and (b) take possession of all Collateral and of Debtor’s records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in a commercially reasonable manner in whole or in part, at public or private sale, on or off the premises of Debtor; and (c) collect any and all money due or to become due and enforce in Debtor’s name all rights with respect to the Collateral; and (d) settle, adjust or compromise any dispute with respect to any Account; and (e) receive and open mail addressed to Debtor; and (f) on behalf of Debtor, endorse checks, notes, drafts, money orders, instruments or other evidences of payment.

Rights of Parties. Upon the occurrence and during the continuance of an Event of Default, in addition to all the rights and remedies provided in the Transaction Securities Purchase Documents or in Article 9 of the UCC and any other applicable law, Lender Vicis may (but is under no obligation so to do): (a) require Debtor to assemble the Collateral at a place designated by LenderVicis, which is reasonably convenient to the parties; and (b) take physical possession of all Inventory and other tangible Collateral and of Debtor’s records pertaining to all Collateral that are necessary to properly administer and control the Collateral or the handling and collection of Collateral, and sell, lease or otherwise dispose of the Collateral in a commercially reasonable manner in whole or in part, at public or private sale, on or off the premises of Debtor; and (c) collect any and all money due or to become due and enforce in Debtor’s name all rights with respect to the Collateral; and (d) settle, adjust or compromise any dispute with respect to any Account; and (e) receive and open mail addressed to Debtor; and (f) on behalf of Debtor, endorse checks, notes, drafts, money orders, instruments or other evidences of payment.