Common use of Rights Under the UCC Clause in Contracts

Rights Under the UCC. In addition to all other rights granted hereby, and otherwise by law, Collateral Agent shall have, with respect to the Collateral, the rights and obligations of a secured party under the UCC.

Appears in 4 contracts

Samples: Security Agreement (Microtel International Inc), Security Agreement (Microtel International Inc), Pledge and Security Agreement (Microtel International Inc)

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Rights Under the UCC. In addition to all other rights granted herebyhereby and by the UK Debentures, and otherwise by law, subject to the Subordination Agreements, Collateral Agent shall have, with respect to the Collateral, the rights and obligations of a secured party under the UCC.

Appears in 2 contracts

Samples: All Assets Debenture (EMRISE Corp), Security Agreement (Emrise CORP)

Rights Under the UCC. In addition to all other rights granted hereby, and otherwise by law, Collateral Agent shall have, with respect to the Pledged Collateral, the rights and obligations of a secured party under the UCC.

Appears in 1 contract

Samples: Note Purchase Agreement (Satcon Technology Corp)

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Rights Under the UCC. In addition to all other rights granted hereby, and otherwise by law, subject to the Subordination Agreement, Collateral Agent shall have, with respect to the Collateral, the rights and obligations of a secured party under the UCC.

Appears in 1 contract

Samples: Security Agreement (Emrise CORP)

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