Rights and Remedies on the Occurrence of an Event of Default. Upon the occurrence of an EVENT OF DEFAULT, the ADMINISTRATIVE AGENT shall, at the request of, or may with the consent of, the REQUIRED LENDERS, take any or all of the following actions:
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Sources: Loan and Security Agreement (Martek Biosciences Corp), Loan and Security Agreement (Martek Biosciences Corp)
Rights and Remedies on the Occurrence of an Event of Default. Upon the occurrence of an EVENT OF DEFAULT, the ADMINISTRATIVE AGENT shall, at the request of, or may with the consent of, of the REQUIRED LENDERS, the AGENT may, or upon the instruction of the REQUIRED LENDERS, the AGENT shall, take any or all of the following actions:
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