Lenders’ Rights upon Event of Default. If an Event of Default under this Loan Agreement shall occur and be continuing, the Lender shall have no rights to the assets of the Borrower other than to the amount of Collateral then pledged as security for the Loan.
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Lenders’ Rights upon Event of Default. If an Event of Default under this Loan Agreement shall occur and be continuing, the Lender shall have no rights to the assets of the Borrower other than: (a) contributions (other than contributions of Common Stock) that are made by the Lender to enable the Borrower to meet its obligations pursuant to this Loan Agreement and earnings attributable to the amount investment of Collateral then pledged as security for the Loan.such
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Sources: Employee Stock Ownership Plan Agreement (Astoria Financial Corp)