Common use of Rights and Remedies of a Secured Party Clause in Contracts

Rights and Remedies of a Secured Party. In addition to all rights and remedies given to the Administrative Agent pursuant to the Credit Agreement, this Security Agreement and the other Loan Documents, the Administrative Agent (for itself and for the benefit of the Lenders) shall have all of the rights and remedies of a secured party under the Code (whether or not the Code applies to the Collateral).

Appears in 2 contracts

Sources: Credit Agreement (Foster L B Co), Credit Agreement (Universal Stainless & Alloy Products Inc)

Rights and Remedies of a Secured Party. In addition to all rights and remedies given to the Administrative Agent pursuant to the Credit Agreement, this Security Agreement and the other Loan Documents, the Administrative Agent (for itself and for the benefit of the Lenders) shall have have, during each Collateral Period, all of the rights and remedies of a secured party under the Code (whether or not the Code applies to the Collateral).

Appears in 1 contract

Sources: Credit Agreement (Allegheny Technologies Inc)

Rights and Remedies of a Secured Party. In addition to all rights and remedies given to the Administrative Agent pursuant to the Credit Agreement, this Security Agreement and the other Loan Documents, the Administrative Agent (for itself and for the benefit of the Lenders) shall have all of the rights and remedies of a secured party under the Code (whether or not the Code applies to the Collateral)Code.

Appears in 1 contract

Sources: Security Agreement (Black Box Corp)