Examples of EPN Group Lenders in a sentence
If an Event of Default shall occur and be continuing, the Collateral Agent, on behalf of the EPN Group Lenders and the Xxxxx Xxxx Xxxxxxx, may exercise, in addition to all other rights and remedies granted to them in this Security Agreement and in any other instrument or agreement securing, evidencing or relating to the Obligations, all rights and remedies of a secured party under the UCC.
No failure to exercise, nor any delay in exercising, on the part of the Collateral Agent or any of the EPN Group Lenders, any right, power or privilege hereunder shall operate as a waiver thereof.
Neither the Collateral Agent nor any of the EPN Group Lenders shall by any act (except by a written instrument pursuant to Section 15 hereof), delay, indulgence, omission or otherwise be deemed to have waived any right or remedy hereunder or to have acquiesced in any Default or Event of Default or in any breach of any of the terms and conditions hereof.
The Collateral Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement and the other Loan Documents in accordance with a request of the Required EPN Group Lenders, and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Lenders.
The Collateral Agent and the EPN Group Lenders and their respective representatives shall at all times also have the right to enter into and upon any premises where any of the Inventory or Equipment is located for the purpose of inspecting the same, observing its use or otherwise protecting its interests therein.
A waiver by the EPN Group Administrative Agents or any of the EPN Group Lenders of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which the EPN Group Administrative Agents or such EPN Group Lenders would otherwise have on any future occasion.
No failure to exercise, nor any delay in exercising, on the part of the EPN Group Administrative Agents or any of the EPN Group Lenders, any right, power or privilege hereunder shall operate as a waiver thereof.
A waiver by the Collateral Agent or any of the EPN Group Lenders of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which the Collateral Agent or such EPN Group Lenders would otherwise have on any future occasion.
All Proceeds constituting collections of Accounts while held by the Collateral Agent (or by any Grantor in trust for the Collateral Agent for the ratable benefit of the EPN Group Lenders and the Xxxxx Xxxx Lenders) shall continue to be collateral security for all of the Obligations and shall not constitute payment thereof until applied as hereinafter provided.
No security agreement, financing statement or other public notice with respect to all or any part of the Collateral is on file or of record in any public office, except such as may have been filed in favor of the Collateral Agent, for the ratable benefit of the EPN Group Lenders and the Xxxxx Xxxx Xxxxxxx, pursuant to this Security Agreement.