Common use of Cross Default; Remedies Clause in Contracts

Cross Default; Remedies. It is agreed that should Buyer fail to pay any indebtedness owing to Seller(s) as the same shall become due and payable to Seller(s) including lease/rental agreements, equipment purchases, parts or labor, open accounts, promissory notes, advances, overdrafts, principal, interest, or any part thereof or any other mode or means, or should Buyer fail to comply with any of the covenants or obligations of any lease/rental agreement, sales order, lease order, credit application, security agreement, or any other documents securing or pertaining to such indebtedness, then such failure shall be a default and breach under this Agreement and all other documents securing all other indebtedness’s, and Seller(s) shall be entitled to pursue any of the contractual remedies in such documents and any remedies allowed under applicable law.

Cross Default; Remedies. It is agreed that should Buyer fail to pay any indebtedness owing to Seller(s) Seller as the same shall become due and payable to Seller(s) Seller including lease/rental agreements, equipment purchases, parts or labor, open accounts, promissory notes, advances, overdrafts, principal, interest, or any part thereof or any other mode or means, or should Buyer fail to comply with any of the covenants or obligations of any security agreement, lease/rental agreement, sales order, lease order, credit application, security agreement, or any other documents securing or pertaining to such indebtedness, then such failure shall be a default and breach under this Agreement document and all other documents securing all other indebtedness’s, and Seller(s) Seller shall be entitled to pursue any of the contractual remedies in such documents and any remedies allowed under applicable law.

Cross Default; Remedies. It is agreed that should Buyer fail to pay any indebtedness owing to Seller(s) as the same shall become due and payable to Seller(s) including lease/lease/ rental agreements, equipment purchases, parts or labor, open accounts, promissory notes, advances, overdrafts, principal, interest, or any part thereof or any other mode or means, or should Buyer fail to comply with any of the covenants or obligations of any lease/rental agreement, sales order, lease order, credit application, security agreement, or any other documents securing or pertaining to such indebtedness, then such failure shall be a default and breach under this Agreement and all other documents securing all other indebtedness’s, and Seller(s) shall be entitled to pursue any of the contractual remedies in such documents and any remedies allowed under applicable law.