Common use of Rights Upon Default Clause in Contracts

Rights Upon Default. Upon the occurrence or continuing of any Event of Default, the Bank shall have and may exercise any or all of the rights set forth herein (provided, however, the Bank shall be under no duty or obligation to do so):

Appears in 4 contracts

Samples: Revolving and Term Loan Agreement (Seacoast Banking Corp of Florida), Loan Agreement (Colonial Bancgroup Inc), Loan Agreement (Priority Healthcare Corp)

AutoNDA by SimpleDocs

Rights Upon Default. Upon the occurrence or and its continuing of any Event of Default, the Bank shall have and may exercise any or all of the rights set forth herein (herein; provided, however, the Bank shall be under no duty or obligation to do so)::

Appears in 2 contracts

Samples: Loan Agreement (Colonial Bancgroup Inc), Loan Agreement (Orange Co Inc /Fl/)

Rights Upon Default. Upon the occurrence or continuing of any Event of Default, the Bank shall have and may exercise any or all of the rights set forth herein (provided, however, the Bank shall be under no duty or obligation to do so)::

Appears in 1 contract

Samples: Revolving Loan Agreement (Kellstrom Industries Inc)

Rights Upon Default. Upon the occurrence or and its continuing of any Event of Default, the Bank shall have and may exercise any or all of the rights set forth herein (provided, however, the Bank shall be under no duty or obligation to do so)::

Appears in 1 contract

Samples: Credit Facility Agreement (Airways Corp)

Rights Upon Default. Upon the occurrence or continuing of any Event of Default, the Bank shall have and may exercise any or all of the rights set forth herein (provided, however, the Bank shall be under no duty or obligation to do so)::

Appears in 1 contract

Samples: Loan Agreement (Ashton Technology Group Inc)

AutoNDA by SimpleDocs

Rights Upon Default. Upon the occurrence or and the continuing of any ------------------- Event of Default, the Bank shall have and may exercise any or all of the rights set forth herein (herein, provided, however, the Bank shall be under no duty or obligation to do so)::

Appears in 1 contract

Samples: Security Agreement (Audio Communications Network Inc)

Rights Upon Default. Upon the occurrence or continuing and continuance of any Event of Default, the Bank shall have and may exercise any or all of the rights set forth herein (provided, herein; provided however, the Bank shall be under no duty or obligation to do so)::

Appears in 1 contract

Samples: Loan Agreement (Galaxy Foods Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!