Rights of the Secured Parties. Nothing in this Section 10.09 shall limit the right of the Secured Parties to refer any claim against a Loan Party to any court of competent jurisdiction anywhere else outside of the State of New York, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.
Rights of the Secured Parties. Nothing in this Section 9.09 shall limit the right of the Secured Parties to refer any claim against the Borrower to any court of competent jurisdiction outside of the State of New York, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.
Rights of the Secured Parties. Nothing in this Section 6 shall limit the right of the Secured Parties to refer any claim against a Loan Party to any court of competent jurisdiction anywhere else outside of the State of New York, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.
Rights of the Secured Parties. The execution of this Agreement by each SPE and Secured Party is wholly without prejudice to, and shall not constitute a waiver in respect of, the rights of such SPE or Secured Party under the related Transaction Documents with respect to the obligations of Exeter under such Transaction Documents whether prior to, or after giving effect to, this Agreement and shall in no way alter or affect such rights.
Rights of the Secured Parties. Except as otherwise provided in this Consent, each of Purchaser and Assignor agrees that the Secured Parties, so long as any Secured Obligations remains outstanding, have the following rights with respect to the Power Purchase Agreement:
Rights of the Secured Parties. Upon the occurrence and during the continuation of any Event of Default, the Representative may declare all of the Secured Obligations to be immediately due and payable on behalf of the Secured Parties and may exercise all available rights and remedies of a secured party under the Code or under any other applicable law, including, without limitation, the right to take possession of the Collateral and, in addition thereto, the right to enter upon any premises on which the Collateral or any part thereof may be situated and remove the same therefrom. Unless the Collateral threatens to decline speedily in value, the Representative will give the Debtor and TES at least ten (10) days' prior written notice of the time and place of any public sale thereof or of the time after which any private sale or any other intended disposition thereof is to be made. Any such notice shall be deemed to meet any requirement hereunder or under any applicable law that reasonable notification be given of the time and place of such sale or other disposition. After deducting all costs and expenses of collection, custody, sale or other disposition and delivery of the Collateral, including reasonable legal costs and attorneys' fees and all other charges against the Collateral, the residue of the proceeds of any such sale or disposition shall be applied to the payment of the Secured Obligations prorata among the Secured Parties in such order as the Secured Parties may select, and any surplus after payment of the Secured Obligations in full to the Secured Parties shall be returned to TES or to any person or party lawfully entitled thereto. In the event the proceeds of any sale, lease or other disposition of the Collateral hereunder are insufficient to pay all of the Secured Obligations in full to the Secured Parties, the Debtor will be liable for the deficiency thereof together with interest thereon at the default rate, set forth in the Notes and the costs and expenses of collection of such deficiency, including, to the extent permitted by law, reasonable legal costs and attorneys' fees, expenses and disbursements.
Rights of the Secured Parties. LIMITATIONS ON SECURED PARTIES' OBLIGATIONS. With Respect to Accounts, Contracts, Chattel Paper and Instruments Constituting Collateral:
Rights of the Secured Parties. The Secured Parties shall not be liable for failure to collect or realize upon the Pledged Collateral, or for any delay in so doing nor shall it be under any obligation to take any action whatsoever with regard thereto. If an Event of Default has occurred and is continuing, the Secured Parties may thereafter, without notice, exercise all rights, privileges or options pertaining to any Pledged Shares as if it were the absolute owner thereof, upon such terms and conditions as it may determine, all without liability except to account for property actually received by it, but the Secured Parties shall have no duty to exercise any of the aforesaid rights, privileges or options and shall not be responsible for any failure to do so or delay in so doing.
Rights of the Secured Parties. In case there shall exist an Event of Default, the Collateral Agent may request the court approval of the sale of the Pledged Collateral of Mexican Subsidiaries, with the proceeds of the sale, once it is authorized and consummated, payable to the Collateral Agent, to hold as collateral security, in accordance with the terms of article 341 of the Ley General de Titulos y Operaciones de Credito (General Law of Negotiable Instruments and Credit Operations, hereinafter referred as the "GLCO"), until the final judgment under the Events of Default is ruled.
Rights of the Secured Parties. (a) All money Proceeds received by the Administrative Agent hereunder shall be held by the Administrative Agent for the benefit of the Secured Parties and may, in the sole discretion of the Administrative Agent, be deposited and held in one or more of the Accounts. All Proceeds while held by the Administrative Agent (or by the Pledgor in trust for the Administrative Agent and the other Secured Parties) shall continue to be held as collateral security for all the Secured Obligations and shall not constitute payment thereof until applied as provided in Section 9(a).
