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 (Introbiotics Phamaceuticals Inc), Equipment Financing Agreement (Intuitive Surgical Inc), Equipment Financing Agreement (Discovery Partners International 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 (Chemtrak Inc/De), Equipment Financing Commitment (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: Lease Agreement, Equipment Financing Commitment (Viasat Inc), Equipment Financing Agreement (Viasat 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
