Common use of Waiver of Certain Rights and Remedies Clause in Contracts

Waiver of Certain Rights and Remedies. To the extent permitted under applicable Law, each Grantor hereby waives all rights and remedies of a debtor or grantor under the NY UCC or other applicable Law, and all formalities prescribed by law relative to the sale or disposition of the Collateral (other than notice of sale and any other formalities expressly provided in this Agreement), after the occurrence and during the continuation of an Event of Default and, except as otherwise set forth herein, all other rights and remedies of such Grantor with respect thereto.

Appears in 7 contracts

Samples: Security Agreement (First Citizens Bancshares Inc /De/), Reimbursement, Security and Guaranty Agreement, Reimbursement and Security Agreement

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Waiver of Certain Rights and Remedies. To the extent permitted under pursuant to applicable Law, each Grantor hereby waives all rights and remedies of a debtor or grantor under pursuant to the NY UCC or other applicable Law, and all formalities prescribed by law Law relative to the sale or disposition Sale of the Secured Parties Collateral (other than notice of sale Sale and any other formalities expressly provided in this Agreement), after the occurrence and during the continuation of an Event of Default and, except as otherwise set forth hereinin this Agreement, all other rights and remedies of such Grantor with respect thereto.

Appears in 1 contract

Samples: Reimbursement, Security and Guaranty Agreement

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Waiver of Certain Rights and Remedies. To the extent permitted under pursuant to applicable Law, each Grantor hereby waives all rights and remedies of a debtor or grantor under the NY UCC or other applicable Law, and all formalities prescribed by law Law relative to the sale or disposition of the Secured Parties Collateral (other than notice of sale and any other formalities expressly provided in this Agreement), after the occurrence and during the continuation of an Event of Default and, except as otherwise set forth hereinin this Agreement, all other rights and remedies of such Grantor with respect thereto.

Appears in 1 contract

Samples: Reimbursement, Security and Guaranty Agreement

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