Remedies Upon Occurrence of Event of Default Sample Clauses

Remedies Upon Occurrence of Event of Default. If the Collateral Agent shall at any time receive written notice from the Investor that an Event of Default shall have occurred and be continuing, the Collateral Agent shall, subject to the provisions of Section 5.04 hereof, upon request of the Investor, (i) deliver the Collateral to the Investor (or its designee), (ii) execute and deliver to the Investor an instrument satisfactory to the Collateral Agent assigning to the Investor (without recourse against, and without representation or warranty of any kind by, the Collateral Agent) all of the Collateral Agent's rights, title and interests in and to the Collateral hereunder, and (iii) execute and deliver to the Investor UCC assignments (as shall have been duly completed and provided to the Collateral Agent by the Investor) for each of the Financing Statements; provided, however, that the Collateral Agent's obligation to deliver the foregoing shall be subject to the Investor's payment to the Collateral Agent of all amounts owing to the Collateral Agent hereunder, to the extent remaining unpaid by the Investor or the Grantor (and the Investor shall be subrogated to the rights of the Collateral Agent to the extent of such payment and such obligations of the Grantor shall become part of the Obligations secured hereby). Upon such assignment and delivery to the Investor, the Collateral Agent shall immediately and automatically be released from all obligations hereunder. Unless and until the Investor shall have made such request to the Collateral Agent, the Collateral Agent shall have no duty or obligation to take any action pursuant to the preceding sentence; and except for the taking of such action pursuant to the preceding sentence upon receipt of such request, the Collateral Agent shall be under no duty or obligation to take any other action of any kind hereunder with respect to the Collateral or such Event of Default (including, without limitation, no duty to enforce, foreclose, protect, preserve or otherwise exercise any rights or remedies as a secured party with respect to the Collateral, including without limitation the sale or other disposition of Collateral or other exercise of rights or remedies pursuant to or as contemplated by this Article V). Notwithstanding the foregoing, the Collateral Agent thereafter may exercise such rights or remedies or take such actions as may be requested by the Investor, to the extent and upon such terms as may be agreed to by the Collateral Agent, at its reasonable discre...

Remedies Upon Occurrence of Event of Default. 7.1. Remedies; Obtaining the Collateral Upon Default 7.2. Remedies; Disposition of the Collateral 7.3. Waiver of Claims 7.4. Application of Proceeds 7.5. Remedies Cumulative 7.6. Discontinuance of Proceedings

Remedies Upon Occurrence of Event of Default. Section 7.1. Remedies; Obtaining the Collateral Upon Default.....................................

Remedies Upon Occurrence of Event of Default. Remedies: Obtaining the Collateral Upon Default....

Remedies Upon Occurrence of Event of Default. SECTION 8.1. REMEDIES; OBTAINING THE COLLATERAL UPON DEFAULT SECTION 8.2. REMEDIES; DISPOSITION OF THE COLLATERAL SECTION 8.3. WAIVER OF CLAIMS SECTION 8.4. APPLICATION OF PROCEEDS SECTION 8.5. REMEDIES CUMULATIVE SECTION 8.6. DISCONTINUANCE OF PROCEEDINGS ARTICLE IX INDEMNITY SECTION 9.1. INDEMNITY SECTION 9.2. INDEMNITY OBLIGATIONS SECURED BY COLLATERAL; SURVIVAL

Remedies Upon Occurrence of Event of Default. Remedies; Obtaining the Collateral Upon Default 21 Section 7.2. Remedies; Disposition of the Collateral 22 Section 7.3. Waiver of Claims 23 Section 7.4. Application of Proceeds 24 Section 7.5. Remedies Cumulative 24 Section 7.6. Discontinuance of Proceedings 24 Section 7.7. Additional Remedies With Respect to Collateral Located in Louisiana 25

Remedies Upon Occurrence of Event of Default. The Debtor and the Subsidiaries jointly and severally covenant and agree with the Secured Party as follows Section

Remedies Upon Occurrence of Event of Default. (a) If at any time an Event of Default with respect to a Defaulting Party has occurred and is then continuing, and (i) with respect to the Share Repurchaser if such event is an Event of Default specified in clauses (B) or (D) of Section 5(a)(iii) hereof, then an early termination of this Agreement will occur immediately upon the occurrence of the Event of Default specified in such clause, and (ii) if such event is any other Event of Default, then the Non-Defaulting Party shall have the right to immediately terminate this Agreement by giving written notice thereof to the Defaulting Party with a copy to the Collateral Agent. (b) Upon any termination of this Agreement arising from an Event of Default, the Non-Defaulting Party shall be entitled to receive from the Defaulting Party any Loss that the Non-Defaulting Party shall have incurred in connection with this Agreement and the liquidation of its obligations with respect thereto. For purposes hereof, "Loss" shall mean any loss, cost of bargain, breakage costs, expense or other amounts incurred in connection with any liquidation of any hedge relating to this Agreement and the maintaining or re-establishing of any hedge relating to this Agreement (including, in the case of the Share Seller, any related funding costs incurred by the Share Seller), together with all reasonable out-of-pocket expenses, including legal fees, incurred by the Non-Defaulting Party by reason of the enforcement or protection of its rights under this Agreement or the Pledge Agreement. Any Loss until the date so paid shall accrue at a default rate of 2% in excess of the Non-Defaulting Party's cost of funds. The Non-Defaulting Party will determine its Loss as of the date of termination of this Agreement, or if that is not reasonably practicable, as of the earliest date thereafter as is reasonably practicable.

Remedies Upon Occurrence of Event of Default. Remedies; Obtaining the Collateral Upon Default. Each Assignor agrees that, if any Event of Default shall have occurred and be continuing, then and in every such case, the Collateral Agent, in addition to any rights now or hereafter existing under applicable law, shall have all rights as a secured creditor under the Uniform Commercial Code in all relevant jurisdictions and may: