Common use of CHARGEE’S RIGHT TO COMMENCE FORECLOSURE AND LEGAL PROCEEDINGS CONCURRENTLY Clause in Contracts

CHARGEE’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 Chargor of any term, covenant, stipulation and/or undertaking provided in this Charge and on the part of the Chargor to be observed and performed, the Chargee shall thereafter have the right to exercise all or any of the remedies available whether pursuant to this Charge or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including by pursuing all remedies of sale or possession pursuant to this Charge and by way of civil suit to recover all monies due and owing to the Chargee.

CHARGEE’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 Chargor of any term, covenant, stipulation and/or undertaking herein provided in this Charge and on the part of the Chargor to be observed and performed, the Chargee shall thereafter have the right to exercise all or any of the remedies available whether pursuant to by this Charge or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including by pursuing all remedies of sale or possession pursuant to the this Charge and by way of civil suit to recover all monies due and owing by the Chargor, guarantor (if any) or any other persons to the Chargee.

CHARGEE’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 Chargor of any term, covenant, stipulation and/or undertaking herein provided and provided in this Charge and the other Security Documents on the part of the Chargor to be observed and performed, the Chargee shall thereafter have the right to exercise all or any of the remedies available whether pursuant to by this Charge or the other Security Documents or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including by pursuing all remedies of sale or possession pursuant to the this Charge and by way of civil suit to recover all monies moneys due and owing to the Chargee.

CHARGEE’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 Chargor and/or Customer of any term, covenant, stipulation and/or undertaking herein provided in this Charge and on the part of the Chargor and/or Customer to be observed and performed, the Chargee shall thereafter have the right to exercise all or any of the remedies available whether pursuant to by this Charge or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including by pursuing all remedies of sale or possession pursuant to the this Charge and by way of civil suit to recover all monies due and owing by the Chargor, guarantor (if any) or any other persons to the Chargee.

CHARGEE’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 t he Chargor of any term, covenant, stipulation and/or and/ or undertaking herein provided in this Charge and on the part of the Chargor to be observed and performed, the Chargee shall thereafter have the right to exercise all or any of the remedies available whether pursuant to by this Charge or by statute or otherwise and shall be entitled to exercise such remedies concurrently, including by pursuing all remedies of sale or possession pursuant to the this Charge and by way of civil suit to recover all monies moneys due and owing to the Chargee.