RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Texas Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtedness immediately due and payable, without notice.
Appears in 8 contracts
Sources: Security Agreement (Globalscape Inc), Security Agreement (Globalscape Inc), Security Agreement (Globalscape Inc)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Texas Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtedness immediately due and payable, without noticenotice of any kind to Grantor.
Appears in 5 contracts
Sources: Commercial Security Agreement (Vista Proppants & Logistics Inc.), Commercial Security Agreement (Dougherty's Pharmacy, Inc.), Commercial Security Agreement (Dougherty's Pharmacy, Inc.)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Texas Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness immediately due and payable, without notice.
Appears in 3 contracts
Sources: Loan Agreement (Global Election Systems Inc), Commercial Security Agreement (Mitcham Industries Inc), Commercial Security Agreement (Si Diamond Technology Inc)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Texas Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender may declare the entire Indebtedness indebtedness immediately due and payable, without notice.
Appears in 3 contracts
Sources: Commercial Security Agreement (Globalscape Inc), Commercial Security Agreement (Globalscape Inc), Commercial Security Agreement (Globalscape Inc)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Texas Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. ACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness immediately due and payable, without notice.
Appears in 2 contracts
Sources: Commercial Security Agreement (Surrey Inc), Commercial Security Agreement (Surrey Inc)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Texas Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate Indebtedness. Lender L▇▇▇▇▇ may declare the entire Indebtedness immediately due and payable, without noticenotice of any kind to Granter.
Appears in 1 contract
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Texas Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness immediately due and payable, without noticenotice of any kind to Grantor.
Appears in 1 contract
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Texas Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remediesremedies only after Grantor has exhausted all remedies under the Cure Provisions section as referenced above: Accelerate Indebtedness. Lender may declare the entire Indebtedness immediately due and payable, without noticenotice of any kind to Grantor.
Appears in 1 contract
Sources: Commercial Security Agreement (Applied Optoelectronics, Inc.)
RIGHTS AND REMEDIES ON DEFAULT. If an Event of Default occurs under this Agreement, at any time thereafter, Lender shall have all the rights of a secured party under the Texas Uniform Commercial Code. In addition and without limitation, Lender may exercise any one or more of the following rights and remedies: Accelerate IndebtednessACCELERATE INDEBTEDNESS. Lender may declare the entire Indebtedness immediately due and payable, without noticenotice of any kind to Borrower or Grantor.
Appears in 1 contract