Remedial Actions

Remedial Actions. Shall mean any claim, proceeding or action to foreclose upon, take possession or control of, sell, lease or otherwise dispose of, or in any other manner realize, take steps to realize or seek to realize upon, the whole or any part of any Collateral, whether pursuant to the UCC, by foreclosure, by setoff, by self-help repossession, by notification to account debtors, by deed in lieu of foreclosure, by exercise of power of sale, by judicial action or -14- ... otherwise, or the exercise of any other remedies with respect to any Collateral available under any of the Security Documents, or under applicable law. View More