BANK'S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY. Notwithstanding any provision hereof, it is hereby expressly agreed that upon default or breach by the Customer of any term, covenant, stipulation and/or undertaking herein provided and on the part of the Customer to be observed and performed, the Bank shall thereafter have the right to exercise all or any of the remedies available whether by this Agreement and such other documents creating security for the Facility and/or Transaction Documents and/or civil suit and/or pursuant to any statute or otherwise to recover amount due and owing by the Customer to the Bank and shall be entitled to exercise such remedies concurrently, including pursuing all remedies of sale or possession pursuant to the Security Documents, as the case may be, and civil suit to recover all monies due and owing to the Bank.
BANK'S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY. Notwithstanding any provision hereof, it is hereby expressly agreed that upon default or breach by the Assignor of any term, covenant, stipulation and/or undertaking herein provided and on the part of the Assignor to be observed and performed, the Bank shall hereafter have the right to exercise all or any of the remedies available whether by this Assignment or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including pursuing all remedies of sale or possession pursuant to this Assignment and civil suit to recover all monies due and owing by the Assignor, the guarantor (if any) or any other person to the Bank.
BANK'S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY. Notwithstanding any provision hereof, it is hereby expressly agreed that upon default or breach by the Customer and/or the Owner of any term, covenant, stipulation and/or undertaking herein provided and on the part of the Customer and/or the Owner to be observed and performed, the Bank shall thereafter have the right to exercise all or any of the remedies available whether by this Agreement or such other documents creating security for the Facility or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including pursuing all remedies of sale or possession pursuant to the Third Party Assignment or the Third Charge, as the case may be, and civil suit to recover all moneys due and owing to the Bank.
BANK'S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY. Notwithstanding any provision hereof, it is hereby expressly agreed that upon default or breach by the Customer of any term, covenant, stipulation and/or undertaking herein provided and on the part of the Customer to be observed and performed, the Bank shall thereafter have the right to exercise all or any of the remedies available whether by this Agreement or the charge or such other documents creating security for the Facility or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including pursuing all remedies of sale or possession pursuant to the assignment or the charge, as the case may be, and civil suit to recover all moneys due and owing to the Bank.
BANK'S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY. Notwithstanding any provision hereof, it is hereby expressly agreed that upon default or breach by the Borrower and/or any Security Party of any term covenant stipulation and/or undertaking provided in this Agreement and/or the Assignment and/or other Security Documents and on the part of the Borrower and/or Security Party to be observed and performed, the Bank shall thereafter have the right to exercise all or any of the remedies available whether pursuant to this Agreement and/or the Assignment and/or other Security Documents or by statute or otherwise and shall be entitled to exercise such remedies concurrently against the Borrower or any Security Party, including pursuing all remedies of sale or possession pursuant to this Agreement and/or the Assignment and/or other Security Documents and civil suit to recover all monies due and owing to the Bank PROVIDED THAT nothing herein contained shall be construed as imposing any obligation (whether at law or in equity) upon the Bank to exhaust its remedy to sell the Property before commencing any separate action or before enforcing any other remedies or exercising any other rights against the Borrower or any other Security Party; AND the Borrower hereby irrevocably and unconditionally agrees and consents to the Bank commencing separate proceedings, enforcing other remedies and exercising any other rights which the Bank may have against the Borrower or any other Security Party simultaneously or consecutively in any order as the Bank deems fit with or without having exhausted its right to sell or to proceed against the Property or to realise its security hereunder.
BANK'S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY. Notwithstanding any provision hereof, it is hereby expressly agreed that upon default or breach by the Customer of any term, covenant, stipulation and/or undertaking herein provided and on the part of the Customer to be observed and performed, the Bank shall hereafter have the right to exercise all or any of the remedies available whether by this Assignment or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including pursuing all remedies of sale or possession pursuant to this Assignment and civil suit to recover all moneys due and owing to the Bank.
