Common use of UCC Rights Clause in Contracts

UCC Rights. If any Default shall have occurred, the Bank may in addition to all other rights and remedies granted to it in this Agreement, the Note, any and all other Loan Documents and in any other instrument or agreement securing, evidencing or relating to the Obligations, exercise all rights and remedies of a secured party under the UCC and all other rights available to the Bank at law or in equity.

Appears in 4 contracts

Samples: Loan and Security Agreement (Widepoint Corp), Loan and Security Agreement (Versar Inc), Loan and Security Agreement (Versar Inc)

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UCC Rights. If any a Default shall have occurred, the Bank ---------- may in addition to all other rights and remedies granted to it in this Agreement, the Note, any and all other Loan Documents Pledge Agreement and in any other instrument or 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 Bank at law or in equity.

Appears in 1 contract

Samples: Stock Pledge Agreement (Hadron Inc)

UCC Rights. If any Default shall have occurred, the Bank may in addition to all other rights and remedies granted to it in this Agreement, the either Note, any and all other Loan Documents and in any other instrument or agreement securing, evidencing or relating to the Obligations, exercise all rights and remedies of a secured party under the UCC and all other rights available to the Bank at law or in equity.

Appears in 1 contract

Samples: Loan and Security Agreement (Hadron Inc)

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UCC Rights. If any Event of Default shall have occurred, the Bank may in addition to all other rights and remedies granted to it in this Agreement, the Note, any and all other Loan Documents Security Agreement and in any other instrument or agreement securing, evidencing or relating to the Obligations, exercise all rights and remedies of a secured party under the UCC and all other rights available to the Bank at law or in equity.

Appears in 1 contract

Samples: Security Agreement (Microstrategy Inc)

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