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(i) conversion of any of the Chapter 11 Cases to a <br />Chapter 7 case under the Bankruptcy Code; or <br />(j) dismissal of any of the Chapter 11 Cases or any <br />subsequent Chapter 7 case, either voluntarily or involurtitarily; or <br />(k) any failure by any of Guarantors to observe or <br />perform any of the terms or conditions of any order, stipulation <br />or. other arrangement entered by or with the Bankruptcy Court in <br />the Chapter 11 Cases; or <br />{1) the granting of a lien on or other intereest in any <br />property of any of Guarantors, or administrative expensE: claim, by <br />any Bankruptcy or District Court Judge which is superior to or <br />ranks in parity with the lien or administrative expense claim of <br />Lender granted in this Agreement, the other Financing Agreements <br />or the Financing Order (except as contemplated pursuant to <br />Section 3(v) hereof); or <br />(m) the Financing Order shall be revoked, remanded, <br />vacated, reversed, stayed, rescinded, modified or amended on <br />appeal or by any Bankruptcy Judge or District Court Judge; or <br />(n) there shall be a material adverse change in the <br />business, assets or condition (financial or otherwise) of any of <br />Guarantors from the date hereof; or <br />(o) there is any change in the majority control or <br />ownership of any of Guarantors; or <br />(p) at any time, Lender shall, in its discretion, <br />consider the Obligations insecure or any part of the Collateral <br />unsafe, insecure or insufficient and Guarantors shall not on <br />Lender's demand furnish other Collateral oz make payment on <br />account, satisfactory to Lender; or <br />(q) the occurrence of an event of default under any of <br />the other Financing Agreements. <br />5. RIGHTS AND REMEDIES <br />(a) Upon the occurrence of any Event of Default and at <br />any time thereafter, in addition to all other rights and remedies <br />of Lender, whether provided under the Uniform Commercial Code, the <br />Bankruptcy Code or other applicable law, this Agreement, the <br />Guaranty, the other Financing Agreements, the Financing Order or <br />otherwise, Lender shall have the following rights and remedies <br />which may be exercised, in its discretion, at any time or times, <br />with or without judicial process, with or without the assistance of <br />others and without notice to or consent by Guarantors except as <br />such notice or consent or judicial process is expressly provided <br />for hereunder or required by law: <br />- 16 - <br />