Lender Remedies

Lender Remedies. Shall mean any action which results in (A) the sale, foreclosure, realization on or liquidation of any property of the Borrower or any other Loan Party, (B) the execution on any judgment obtained against the Borrower or any other Loan Party, (C) the acceleration of this Note, (D) the filing of any petition or lien under any bankruptcy, insolvency or creditors' rights laws with respect to the Borrower or any other Loan Party or any of their respective properties or joining such a petition or... lien filing, or (E) the institution or exercise against the Borrower or any other Loan Party of any lawsuit, legal action, arbitration or other enforcement remedy under this Note. View More

Lender Remedies. All rights and remedies at law and in equity that the Term Loan Lender or the Agent, as applicable, may have against any Borrower Party or any other Person that has provided credit support in respect of the applicable Guaranteed Obligations, to collect, or obtain payment of, the Guaranteed Obligations, including, without limitation, foreclosure or similar proceedings, litigation and collection on all applicable insurance policies, and termination of all commitments to advance additional funds... to the Borrower under the Loan Agreements. View More