Security Interests Enforceable. The occurrence of an Event of Default will cause the security interests created hereby to become enforceable without the need for any action or notice on the part of the Secured Party.
Appears in 2 contracts
Samples: Loan Agreement (Tengtu International Corp), Commercial Security Agreement (Icon Laser Eye Centers Inc)
Security Interests Enforceable. The occurrence of an Event of Default will cause the security interests Security Interests created hereby to become enforceable without the need for any action or notice on the part of the Secured PartyParties.
Appears in 1 contract
Samples: General Security Agreement (DecisionPoint Systems, Inc.)
Security Interests Enforceable. The occurrence of an Event of Default will cause the security interests created hereby Security Interests to become enforceable against all of the Debtors without the need for any action or notice on the part of by the Secured Party.
Appears in 1 contract
Samples: General Security Agreement (Turbosonic Technologies Inc)
Security Interests Enforceable. The occurrence of an Event of Default will cause the security interests created hereby to become enforceable without the need for any action or notice on the part of by the Secured Party.
Appears in 1 contract
Security Interests Enforceable. The occurrence of an a Seller Party Event of Default that is continuing will cause the security interests created hereby Security Interests to become enforceable without the need for any action or notice on the part of by the Secured Party.
Appears in 1 contract
