Common use of Upon Occurrence of an Event of Default Clause in Contracts

Upon Occurrence of an Event of Default. 6.1 Lender shall have all rights and remedies afforded a secured party and all other rights and remedies available under applicable law, all of which shall be cumulative, but subject to all limitations set forth herein, or in the Agreement, or Note, or under Section 4975 of the Internal Revenue Code of 1986, as amended, or under the Employee Retirement Income Security Act of 1974, as amended.

Appears in 4 contracts

Samples: Esop Loan Agreement (Farmer Brothers Co), Esop Loan Agreement (Farmer Brothers Co), Esop Loan Agreement (Farmer Brothers Co)

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Upon Occurrence of an Event of Default. 6.1 Lender shall have all rights and remedies afforded a secured party and all other rights and remedies available under applicable law, all of which shall be cumulative, but subject to all limitations set forth herein, or in the Agreement, Agreement or Note, or under Section 4975 of the Internal Revenue Code of 1986, as amended, or under the Employee Retirement Income Security Act of 1974, as amended.

Appears in 1 contract

Samples: Esop Pledge Agreement (Farmer Brothers Co)

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