Remedies upon a Default. If a Default has occurred and is continuing, the Collateral Agent shall, at the written direction of the Secured Party, take whatever action at law or in equity as may appear necessary or desirable in the judgment of the Secured Party to collect and satisfy all outstanding Secured Obligations including, but not limited to, foreclosure upon the Collateral and all other rights available to Secured Party under applicable law or to enforce performance and observance of any obligation, agreement or covenant under any of the Transaction Documents.
Appears in 3 contracts
Sources: Security Agreement (Eaglemark Inc), Security Agreement (Harley Davidson Customer Funding Corp), Security Agreement (Eaglemark Inc)