Common use of Foreclosure on Collateral Clause in Contracts

Foreclosure on Collateral. If any Event of Default shall occur, the Agent shall have, in addition to all rights and remedies provided for in the U.C.C., all such rights (including the right of foreclosure) with respect to the Collateral as provided in the Security Agreement.

Foreclosure on Collateral. If any Event of Default shall occur, the Agent shall have, in addition to all rights and remedies provided for in the U.C.C., all such rights (including the right of foreclosure) with respect to the Collateral as provided in the Pledge Agreement, the Security AgreementAgreement and each Real Estate Mortgage.