Common use of Binding Effect; Miscellaneous Clause in Contracts

Binding Effect; Miscellaneous. (a) This Agreement shall be binding upon and inure to the benefit of and be enforceable by the undersigned and their respective successors and assigns. (b) The headings to the various paragraphs of this Agreement shall have been inserted for convenient reference only and shall not modify, define, limit or expand the expressed provisions of this Agreement. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Texas. This Agreement may be executed in any number of counterparts, each of which shall be an original, and such counterparts shall together constitute but one and the same instrument. (c) No delay or omission on the part of Secured Party in exercising any right hereunder shall operate as a waiver of any such right or any other right. A waiver on any one or more occasions shall not be construed as a bar to or waiver of any right or remedy on any future occasion. (d) All covenants, duties and obligations of Pledgor under this Agreement shall be performed in Arlington, Tarrant County, Texas. (e) The remedies given to Secured Party hereunder are cumulative and in addition to any and all other rights which Secured Party may have against Pledgor or any other person or firm, at law or in equity, including exoneration and subrogation, or by virtue of any other agreement. (f) The Secured Party is hereby appointed the attorney-in-fact of the Pledgor for the purpose of carrying out the provisions of this Agreement and taking any action and executing, delivering or filing any instruments which the Secured Party may deem necessary or advisable to accomplish the purposes hereof, which appointment as attorney-in-fact is coupled with an interest and irrevocable. (g) This Agreement and the provisions set forth herein, shall continue until payment in full of the Obligations.

Appears in 2 contracts

Samples: Security Agreement (Us Home Systems Inc /Tx), Security Agreement (Us Home Systems Inc /Tx)

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Binding Effect; Miscellaneous. (a) This Security Agreement shall be binding upon and inure to the benefit of and be enforceable by the undersigned and their respective successors and assigns. (b) The headings to the various paragraphs of this Security Agreement shall have been inserted for convenient reference only and shall not modify, define, limit or expand the expressed provisions of this Agreementagreement. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Texas. This Security Agreement may be executed in any number of counterparts, each of which shall be an original, and such counterparts shall together constitute but one and the same instrument. (c) No delay or omission on the part of Secured Party in exercising any right hereunder shall operate as a waiver of any such right or any other right. A waiver on any one or more occasions shall not be construed as a bar to or waiver of any right or remedy on any future occasion. (d) All covenants, duties and obligations of Pledgor under this Security Agreement shall be performed in ArlingtonDallas, Tarrant Dallas County, Texas. (e) The remedies given to Secured Party hereunder are cumulative and in addition to any and all other rights which Secured Party may have against Pledgor or any other person or firm, at law or in equity, including exoneration and subrogation, or by virtue of any other agreement. (f) The Secured Party is hereby appointed the attorney-in-fact of the Pledgor for the purpose of carrying out the provisions of this Agreement and taking any action and executing, delivering or filing any instruments which the Secured Party may deem necessary or advisable to accomplish the purposes hereof, which appointment as attorney-in-fact is coupled with an interest and irrevocable. (g) This Security Agreement and the provisions set forth herein, shall continue until payment in full of the Obligations. (g) Secured Party has not assumed, and nothing contained herein shall be declared to have imposed upon Secured Party, any of Pledgor's duties or obligations as a partner of the Partnership. * * * * *

Appears in 2 contracts

Samples: General Partnership Interest Purchase Agreement (Pratt Hotel Corp /De/), General Partnership Interest Purchase Agreement (HWCC Tunica Inc)

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Binding Effect; Miscellaneous. (a) This Agreement shall be binding upon and inure to the benefit of and be enforceable by the undersigned and their respective successors and assigns. (b) The headings to the various paragraphs of this Agreement shall have been inserted for convenient reference only and shall not modify, define, limit or expand the expressed provisions of this Agreement. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Texas. This Agreement may be executed in any number of counterparts, each of which shall be an original, and such counterparts shall together constitute but one and the same instrument. (c) No delay or omission on the part of Secured Party in exercising any right hereunder shall operate as a waiver of any such right or any other right. A waiver on any one or more occasions shall not be construed as a bar to or waiver of any right or remedy on any future occasion. (d) All covenants, duties and obligations of Pledgor under this Agreement shall be performed in Arlington, Tarrant County, Texas. (e) The remedies given to Secured Party hereunder are cumulative and in addition to any and all other rights which Secured Party may have against Pledgor or any other person or firm, at law or in equity, including exoneration and subrogation, or by virtue of any other agreement. (f) The Secured Party is hereby appointed the attorney-in-fact of the Pledgor for the purpose of carrying out the provisions of this Agreement and taking any action and executing, delivering or filing any instruments which the Secured Party may deem necessary or advisable to accomplish the purposes hereof, which appointment as attorney-in-fact is coupled with an interest and irrevocable. (g) This Agreement and the provisions set forth herein, shall continue until payment in full of the Obligations. EXECUTED to be effective on the date first above written.

Appears in 1 contract

Samples: Security Agreement (Us Home Systems Inc /Tx)

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