If any Event of Default shall have occurred and be continuing, Issuer may take any one or more of the following actions:  (i) declare the amount of the Credit and any or all other obligations under this Agreement due and payable by Applicant immediately (provided that if the Event of Default is described in Section 14(vii), (viii) or (ix) hereof, then the amount of the Credit and all such obligations shall become due and payable immediately and automatically), in which case Applicant shall pay such amount to Issuer to be applied to pay any matured obligations and held as cash collateral in a non-interest bearing account for any contingent reimbursement obligations, and (ii) exercise any and all other rights and remedies available at law, in equity, or otherwise to secure, collect, enforce or satisfy the obligations of Applicant under this Agreement.