Common use of Discontinuance of Remedies Clause in Contracts

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 6 AURORA BIOSCIENCES CORPORATION EQUIPMENT FINANCING AGREEMENT NUMBER 10794 PAGE 6 OF 8 determined adversely, then and in every such case Debtor and Secured Party will be restored to their former positions and rights hereunder.

Appears in 1 contract

Samples: Equipment Financing Agreement (Aurora Biosciences Corp)

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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 6 AURORA BIOSCIENCES CORPORATION INTUITIVE SURGICAL, INC. EQUIPMENT FINANCING AGREEMENT NUMBER 10794 10809 PAGE 6 OF 8 determined adversely, then and in every such case Debtor and Secured Party will be restored to their former positions and rights hereunder.

Appears in 1 contract

Samples: Equipment Financing Agreement (Intuitive Surgical 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 6 AURORA BIOSCIENCES CORPORATION ADVANCED CORNEAL SYSTEMS, INC. EQUIPMENT FINANCING AGREEMENT NUMBER 10794 10802 PAGE 6 OF 8 determined adversely, then and in every such case Debtor and Secured Party will be restored to their former positions and rights hereunder.

Appears in 1 contract

Samples: Equipment Financing Agreement (Ista Pharmaceuticals Inc)

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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 6 AURORA BIOSCIENCES CORPORATION COULXXX XXXRMACEUTICAL, INC. EQUIPMENT FINANCING AGREEMENT NUMBER 10794 10804 PAGE 6 OF 8 determined adversely, then and in every such case Debtor and Secured Party will be restored to their former positions and rights hereunder.

Appears in 1 contract

Samples: Equipment Financing Agreement (Coulter Pharmaceuticals Inc)

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