Common use of UCC Rights Clause in Contracts

UCC Rights. If an Event of Default shall have ---------- occurred, the Pledgee may in addition to all other rights and remedies granted to it in this Pledge Agreement and in any other agreement securing, evidencing or relating to the Obligations, exercise (i) all rights and remedies of a secured party under the UCC (whether or not in effect in the jurisdiction where such rights are exercised) and (ii) all other rights available to the Pledgee at law or equity.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Microstrategy Inc), Pledge and Security Agreement (Microstrategy Inc)

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UCC Rights. If an Event of Default shall have ---------- occurred, the Pledgee may in addition to all other rights and remedies granted to it in this Pledge Agreement and in any other agreement securing, evidencing or relating to the Deferred Purchase Obligations, exercise (i) all rights and remedies of a secured party under the UCC Uniform Commercial Code of Michigan (whether the "UCC")(whether or not in effect in the jurisdiction where such rights are exercised) and (ii) all other rights available to the Pledgee at law or equity.

Appears in 1 contract

Samples: Guaranty Agreement (Natural Gas Services Group Inc)

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UCC Rights. If an Event of Default shall have ---------- occurred, ---------- the Pledgee Lender may in addition to all other rights and remedies granted to it in this Pledge Agreement and in any other agreement securing, evidencing or relating to the Obligations, exercise (i) all rights and remedies of a secured party under the UCC (whether or not in effect in the jurisdiction where such rights are exercised) and (ii) all other rights available to the Pledgee Lender at law or equity.

Appears in 1 contract

Samples: Credit Agreement (Hooker Furniture Corp)

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