Discontinuance of Remedies. If Secured Party proceeds to enforce any right under this Agreement and such proceedings are discontinued or abandoned for any reason or are determined adversely, then and in every such case Debtor and Secured Party will be restored to their former positions and rights hereunder.
Appears in 9 contracts
Samples: Equipment Financing Agreement (Virologic Inc), Financing Agreement (Discovery Partners International Inc), Equipment Financing Agreement (Intuitive Surgical Inc)
Discontinuance of Remedies. If Secured Party proceeds to enforce any right under this Agreement agreement and such proceedings are discontinued or abandoned for any reason or are determined adversely, then and in every such case Debtor and Secured Party will be restored to their former positions and rights hereunderthereunder.
Appears in 6 contracts
Samples: Equipment Financing Agreement (Viasat Inc), Equipment Financing Agreement (Xoom Inc), Equipment Financing Agreement (Viasat Inc)
Discontinuance of Remedies. If Secured Party proceeds to enforce any right under this Agreement agreement and such proceedings are discontinued or abandoned for any reason or are determined adversely, then and in every such case Debtor and Secured Party will be restored to their former positions and rights hereunder.
Appears in 3 contracts
Samples: Equipment Financing Agreement, Equipment Financing Agreement (Viasat Inc), Equipment Financing Agreement (Viasat Inc)
Discontinuance of Remedies. If In case the Secured Party proceeds shall have proceeded to enforce any right under this Agreement by foreclosure, sale, entry or otherwise, and such proceedings are shall have been discontinued or abandoned for any reason or are shall have been determined adversely, then then, and in every such case Debtor case, the Debtors and the Secured Party will shall be restored to their former respective positions and rights hereunderhereunder with respect to the property subject to the security interest created under this Agreement.
Appears in 2 contracts
Samples: Security Agreement (Nde Environmental Corp), Security Agreement (Tanknology Nde International Inc)
Discontinuance of Remedies. If Secured Party proceeds to enforce any right under this Agreement and such proceedings are discontinued or abandoned for any reason or are determined adversely, then and in every such case Debtor and Secured Party will be restored to their former positions and rights hereunderthereunder.
Appears in 1 contract
Samples: Financing Agreement (Virologic Inc)
