Common use of Specific Rights With Regard to Collateral Clause in Contracts

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the Borrower, and the Borrower hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or in the name of the Borrower or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower and without notice to the Borrower:

Appears in 10 contracts

Samples: Loan and Security Agreement (Xybernaut Corp), Financing and Security Agreement (Healthextras Inc), Financing and Security Agreement (Pec Solutions Inc)

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Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to any of the BorrowerBorrowers, and the each Borrower hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or and/or in the name of any or all of the Borrower Borrowers or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower Borrowers and without notice to the BorrowerBorrowers:

Appears in 8 contracts

Samples: Financing and Security Agreement (Rand Worldwide Inc), Financing and Security Agreement (Tvi Corp), Financing and Security Agreement (Tvi Corp)

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the any Borrower, and the each Borrower hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or and/or in the name of the Borrower or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower Borrowers and without notice to the BorrowerBorrowers:

Appears in 4 contracts

Samples: Financing and Security Agreement (Gp Strategies Corp), Financing and Security Agreement (Gp Strategies Corp), Financing and Security Agreement (Gp Strategies Corp)

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the Borrower, and the Borrower hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or and/or in the name of the Borrower or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower and without notice to the Borrower:

Appears in 2 contracts

Samples: Financing and Security Agreement (Liquidity Services Inc), Loan and Security Agreement (Sunrise Senior Living Inc)

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the Borrower, and the Borrower hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or and/or in the name of the Borrower or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower and without notice to the Borrower:

Appears in 2 contracts

Samples: Financing and Security Agreement (ARGON ST, Inc.), Financing and Security Agreement (Sensytech Inc)

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the any Borrower, and the each Borrower hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or and/or in the name of the Borrower or otherwise, for the use and benefit of the Lender, but at the cost and expense of the US Borrower and without notice to the US Borrower:

Appears in 1 contract

Samples: Financing and Security Agreement (Gp Strategies Corp)

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the BorrowerBorrowers, and the each Borrower hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or in the name of any or all of the Borrower Borrowers or otherwise, for the use and benefit of the Lender, but at the joint and several cost and expense of the Borrower Borrowers and without notice to the BorrowerBorrowers:

Appears in 1 contract

Samples: Financing and Security Agreement (Flanders Corp)

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the Borrower, and the Borrower hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or and/or in the name of the Borrower or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower and without notice to the Borrower:

Appears in 1 contract

Samples: Financing and Security Agreement (Chatwins Group Inc)

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, upon the continuance of an Event of Default, the Lender may (but shall be under no obligation to), without notice to the Borrower, and the Borrower hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or in the name of the Borrower or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower and without notice to the Borrower:

Appears in 1 contract

Samples: Pledge, Assignment and Security Agreement (Liquidity Services Inc)

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Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the Borrower, and the Borrower hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or in the name of the Borrower or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower and without notice to the Borrower:the

Appears in 1 contract

Samples: Financing and Security Agreement (Weston Roy F Inc)

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the BorrowerBorrowers, and each of the Borrower Borrowers hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or in the name of the Borrower or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower Borrowers and without notice to the BorrowerBorrowers:

Appears in 1 contract

Samples: Financing and Security Agreement (Paradise Color Inc)

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the BorrowerAssignor, and the Borrower Assignor hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or in the name of the Borrower Assignor or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower and without with notice to the BorrowerAssignor:

Appears in 1 contract

Samples: Pledge, Assignment and Security Agreement

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the BorrowerBorrowers, and the each Borrower hereby irrevocably appoints the Lender as its the Borrower's attorney-in-fact, with power of substitution, in the name of the Lender or in the name of the Borrower or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower Borrowers and without notice to the BorrowerBorrowers:

Appears in 1 contract

Samples: Financing and Security Agreement (Clean Towel Service Inc)

Specific Rights With Regard to Collateral. In addition to all other rights and remedies provided hereunder or as shall exist at law or in equity from time to time, the Lender may (but shall be under no obligation to), without notice to the BorrowerBorrowers, and the Borrower Borrowers hereby irrevocably appoints the Lender as its attorney-in-fact, with power of substitution, in the name of the Lender or in the name of the Borrower Borrowers or otherwise, for the use and benefit of the Lender, but at the cost and expense of the Borrower Borrowers and without notice to the BorrowerBorrowers:

Appears in 1 contract

Samples: Financing and Security Agreement (Dispatch Management Services Corp)

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