Rights of the Secured Parties Sample Clauses
Rights of the Secured Parties. Nothing in this Section 10.09 shall limit the right of the Secured Parties to refer any claim against a Loan Party to any court of competent jurisdiction anywhere else outside of the State of New York, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.
Rights of the Secured Parties. Nothing in this Section 10.09 shall limit the right of the Secured Parties to refer any claim against a Loan Party to any court of competent jurisdiction in any State where any Collateral is located, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.
Rights of the Secured Parties. (a) It is expressly agreed by the Company that, anything herein to the contrary notwithstanding, the Company shall remain liable under each Contract to observe and perform all the conditions and obligations to be observed and performed by it thereunder, all in accordance with and pursuant to the terms and provisions of each such Contract. Neither the Collateral Agent nor the Secured Parties shall have any obligation or liability under any Contract by reason of or arising out of this Security Agreement or its assignment to the Collateral Agent for the benefit of the Secured Parties or the receipt by the Collateral Agent for the benefit of the Secured Parties of any payment relating to any Contract pursuant hereto, nor shall the Collateral Agent or the Secured Parties be required or obligated in any manner to perform or fulfill any of the obligations of the Company under or pursuant to any Contract, or to make any payment or to make any inquiry as to the nature or the sufficiency of any payment received by it or the sufficiency of any performance by any party under any Contract, or to present or file any claim, or to take any action to collect or enforce any performance in the payment of any amounts which may have been assigned to it or to which it may be entitled at any time or times.
(b) The Collateral Agent on behalf of the Secured Parties authorizes the Company to collect the Accounts and the Collateral Agent may after the occurrence of any Event of Default (as defined in the Note) and while it is continuing, without cause upon notice, curtail or terminate said authority at any time. If required by the Collateral Agent at any time after the occurrence of an Event of Default and while it is continuing, any Proceeds, when collected by the Company, whether consisting of checks, notes, drafts, bills of exchange, money orders, commercial paper of any kind whatsoever, or other documents received in payment of any Account or in payment for any Inventory or on account of any Contract shall be promptly deposited by the Company in precisely the form received, except for its endorsement when required, in a special bank account maintained by the Collateral Agent subject to withdrawal by the Collateral Agent only, as hereinafter provided, and until so turned over, shall be deemed to be held in trust by the Company for and as the Secured Parties' property and shall not be commingled with the Company's other funds. Such Proceeds, when deposited, shall continue to be co...
Rights of the Secured Parties. Nothing in this Section 6 shall limit the right of the Secured Parties to refer any claim against a Loan Party to any court of competent jurisdiction anywhere else outside of the State of New York, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.
Rights of the Secured Parties. The Consenting Party hereby agrees as follows:
Rights of the Secured Parties. Nothing in this Section 10.09 shall limit the right of the Secured Parties to refer any claim to enforce a judgment under this Agreement against a Note Party to any court of competent jurisdiction in any State or jurisdiction where any Collateral is located, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.
Rights of the Secured Parties. Except as otherwise provided in this Consent, each of Purchaser and Assignor agrees that the Secured Parties, so long as any Secured Obligations remains outstanding, have the following rights with respect to the Power Purchase Agreement:
Rights of the Secured Parties. The execution of this Agreement by each SPE and Secured Party is wholly without prejudice to, and shall not constitute a waiver in respect of, the rights of such SPE or Secured Party under the related Transaction Documents with respect to the obligations of Exeter under such Transaction Documents whether prior to, or after giving effect to, this Agreement and shall in no way alter or affect such rights.
Rights of the Secured Parties. If a breach of the Transfer Agreement by the Debtor has occurred and is continuing, MRI may thereafter, for the benefit of the Secured Parties, without notice, exercise all rights, privileges or options pertaining to the Collateral as if it was the absolute owner thereof, upon such terms and conditions as it may determine, all without liability, except to account for the property actually received by it.
Rights of the Secured Parties. Nothing in this Section shall limit the right of the Secured Parties to refer any claim against the Pledgor to any court of competent jurisdiction outside of the State of New York, nor shall the taking of proceedings by any Secured Party before the courts in one or more jurisdictions preclude the taking of proceedings in any other jurisdiction whether concurrently or not.