Rights Under Uniform Commercial Code. In addition to the rights and remedies granted to the Lender in the Loan Documents, the Lender shall have all the rights and remedies of a secured party under the Uniform Commercial Code. The Lender shall have the right in its sole discretion to determine which rights, security, liens, guaranties or remedies it shall retain, pursue, release, subordinate, modify or enforce, without in any way modifying, affecting or diminishing any of the other of them or any of the Lender’s rights hereunder.
Appears in 3 contracts
Samples: Loan and Pledge Agreement (Shortall Alan), Loan and Pledge Agreement (Shortall Alan), Loan and Pledge Agreement (Shortall Alan)
Rights Under Uniform Commercial Code. In addition to the rights and remedies granted to the Lender in the Loan Documents, the Lender shall have all the rights and remedies of a secured party under the Uniform Commercial Code. The Lender shall have the right in its sole discretion to determine which rights, security, liens, guaranties or remedies it shall retain, pursue, release, subordinate, modify or enforce, without in any way modifying, affecting or diminishing any of the other of them or any of the Lender’s 's rights hereunder.
Appears in 2 contracts
Samples: Stock Loan and Repurchase Agreement, Stock Loan and Repurchase Agreement (Kingold Jewelry, Inc.)
