Common use of Realization of Security Clause in Contracts

Realization of Security. The Lender holds the Security to secure all of the Obligations and upon the event of the occurrence and continuance of an Event of Default, the Lender shall deal with the net sale proceeds of realization of the Security in accordance with Section 9.09.

Appears in 3 contracts

Sources: Credit Agreement (Valens Company, Inc.), Credit Agreement (SNDL Inc.), Credit Agreement (Valens Company, Inc.)