Common use of Other Rights after a Default Clause in Contracts

Other Rights after a Default. Upon the occurrence and during the continuance of an Event of Default, Pledgee, at its election may exercise any and all rights available to a secured party under the Uniform Commercial Code as enacted in the State of Texas or other applicable jurisdiction, as amended in addition to any and all other rights afforded by the Loan Papers, at law, in equity, or otherwise.

Appears in 1 contract

Sources: Exchange Agreement (Snyder Oil Corp)

Other Rights after a Default. Upon the occurrence of a Default and during the continuance acceleration of an Event of Defaultthe Obligations under the Credit Agreement, Pledgee, at its election (but subject to the terms and conditions of the Credit Agreement) may exercise any and all rights available to a secured party under the Uniform Commercial Code as enacted in the State of Texas or other applicable jurisdiction, as amended amended, in addition to any and all other rights afforded by the Loan Papers, at law, in equity, or otherwise.

Appears in 1 contract

Sources: Credit Agreement (Denbury Management Inc)

Other Rights after a Default. Upon the occurrence and during the continuance of an Event of a Default, Pledgee, at its election (but subject to the terms and conditions of the Credit Agreement) may exercise any and all rights available to a secured party under the Uniform Commercial Code as enacted in the State of Texas or other applicable jurisdiction, as amended amended, in addition to any and all other rights afforded by the Loan Papers, at law, in equity, or otherwise.

Appears in 1 contract

Sources: Credit Agreement (Snyder Oil Corp)