Common use of Election of Remedies Clause in Contracts

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 42 contracts

Samples: Commercial Pledge Agreement, Commercial Security Agreement (Dolphin Entertainment, Inc.), Commercial Security Agreement (Vista Proppants & Logistics Inc.)

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Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s 's failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 29 contracts

Samples: Commercial Security Agreement (Charge Enterprises, Inc.), Commercial Pledge and Security Agreement (Black Ridge Oil & Gas, Inc.), Aircraft Security Agreement (Air T Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s Xxxxxxx's failure to perform, shall not affect Lender’s Xxxxxx's right to declare a default and exercise its remedies.

Appears in 16 contracts

Samples: Commercial Security Agreement (Better Choice Co Inc.), Commercial Security Agreement (Air T Inc), Commercial Security Agreement (Hancock Park Corporate Income, Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after GrantorXxxxxxx’s failure to perform, shall not affect LenderXxxxxx’s right to declare a default and exercise its remedies.

Appears in 11 contracts

Samples: Commercial Pledge Agreement (Landsea Holdings Corp), Business Loan Agreement (TX Holdings, Inc.), Commercial Security Agreement (Speedemissions Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Grantor’s Borrowers failure to perform, shall not affect Lender’s Lenders right to declare a default and exercise its remedies.

Appears in 7 contracts

Samples: Business Loan and Security Agreement (Applied UV, Inc.), Business Loan and Security Agreement (Applied UV, Inc.), Business Loan and Security Agreement (Aditxt, Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Grantor’s Xxxxxxxx's failure to perform, shall not affect Lender’s Xxxxxx's right to declare a default and exercise its remedies.

Appears in 5 contracts

Samples: Business Loan and Security Agreement Supplement (Sky Quarry Inc.), Business Loan and Security Agreement Supplement (Sky Quarry Inc.), Business Loan and Security Agreement Supplement (Sky Quarry Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender Lxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Grantor’s Borrowers failure to perform, shall not affect Lender’s Lenders right to declare a default and exercise its remedies.

Appears in 4 contracts

Samples: Business Loan and Security Agreement (American Rebel Holdings Inc), Business Loan and Security Agreement (American Rebel Holdings Inc), Business Loan and Security Agreement (American Rebel Holdings Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender Lxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after GrantorGxxxxxx’s failure to perform, shall not affect LenderLxxxxx’s right to declare a default and exercise its remedies.

Appears in 3 contracts

Samples: Commercial Pledge Agreement (Schermer Robert E Jr), Commercial Security Agreement (Arts Way Manufacturing Co Inc), Commercial Pledge Agreement (BJs RESTAURANTS INC)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Grantor’s Borrowers failure to perform, shall not affect Lender’s Lenders right to declare a default and exercise its remedies.

Appears in 3 contracts

Samples: Business Loan and Security Agreement, Business Loan and Security Agreement (Vapor Hub International Inc.), Business Loan and Security Agreement (Vapor Hub International Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, Agreement or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall remedx xxxxl not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s 's failure to performperfxxx, shall xxall not affect Lender’s 's right to declare a x default and exercise its remedies.

Appears in 3 contracts

Samples: Assignment of Deposit Account (American Consumers Inc), Assignment of Deposit Account (American Consumers Inc), Assignment of Deposit Account (American Consumers Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Grantor’s Borrowers failure to perform, shall not affect Lender’s Lenders right to declare a default and exercise its remedies.

Appears in 2 contracts

Samples: Business Loan and Security Agreement (Precipio, Inc.), Business Loan and Security Agreement (Aditxt, Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender Lxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Grantor’s Borrowers failure to perform, shall not affect Lender’s Lenders right to declare a default and exercise its remedies.

Appears in 2 contracts

Samples: Business Loan and Security Agreement (PishPosh, Inc.), Business Loan and Security Agreement (PishPosh, Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Grantors under this Agreement, after Grantor’s Grantors’ failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 2 contracts

Samples: Commercial Pledge Agreement (Shepherd's Finance, LLC), Commercial Pledge Agreement (Shepherd's Finance, LLC)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 2 contracts

Samples: Commercial Security Agreement (Miscor Group, Ltd.), Commercial Security Agreement (Miscor Group, Ltd.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s 's failure to perform, shall not affect Lender’s 's right to declare a default an Event of Default and exercise its remedies.

Appears in 2 contracts

Samples: Continuing General Security Agreement (Cpi Aerostructures Inc), General Security Agreement (Cpi Aerostructures Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Security Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Security Agreement, after Grantor’s 's failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 2 contracts

Samples: Security Agreement (Heron Lake BioEnergy, LLC), Security Agreement (Heron Lake BioEnergy, LLC)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s failure to perform, shall not affect Lender’s right to declare a default an Event of Default and exercise its remedies.

Appears in 2 contracts

Samples: Commercial Security Agreement (Advanced Life Sciences Holdings, Inc.), Commercial Security Agreement (Advanced Life Sciences Holdings, Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender Lxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s Gxxxxxx's failure to perform, shall not affect Lender’s Lxxxxx's right to declare a default and exercise its remedies.

Appears in 2 contracts

Samples: Commercial Pledge Agreement (Pure Cycle Corp), Commercial Security Agreement (American Consumers Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to Lenxxx xx pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s Graxxxx'x failure to perform, shall not affect Lender’s Lenxxx'x right to declare a default and exercise its remedies.

Appears in 2 contracts

Samples: Commercial Security Agreement (American Consumers Inc), Commercial Security Agreement (American Consumers Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this Agreement, after GrantorBorrower’s failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.. (revised 12/1/08)

Appears in 1 contract

Samples: Commercial Security Agreement (CarePayment Technologies, Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s failure to perform, shall not affect LenderXxxxxx’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Guaranty (Natrol Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s 's failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Security Agreement (Paneltech International Holdings, Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after GrantorBorrower’s failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Applied Minerals, Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s 's failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remediesan Event of Default.

Appears in 1 contract

Samples: Commercial Security Agreement (Female Health Co)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s failure to perform, shall not affect Lender’s right to declare a default and end exercise its remedies.

Appears in 1 contract

Samples: Business Loan Agreement (Broadway Financial Corp \De\)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall will not exclude pursuit of bar any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s 's failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Omnibus Addendum to Promissory Notes (Genitope Corp)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Grantor’s Borrower's failure to perform, shall not affect Lender’s Lenders right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Vapor Hub International Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, Agreement or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall will not exclude pursuit of bar any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s 's failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Business Loan Agreement (Large Scale Biology Corp)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, writing shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Security Agreement (Dynamic Health Products Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this Agreement, Agreement after Grantor’s Borrower's failure to perform, perform shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Security Agreement (Loyaltypoint Inc)

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Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this Agreement, after GrantorBorrower’s failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Security Agreement (Microhelix Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrowers under this Agreement, after Grantor’s Borrowers' failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Loan and Security Agreement (Telanetix,Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrowers under this Agreement, after Grantor’s Borrowers' failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Security Agreement (Telanetix,Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights . and remedies, whether evidenced by this AgreementAgreement , the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedyremedy , and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this Agreementthe Agreement , after Grantor’s Borrower's failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Business Loan and Security Agreement Supplement (VirtualArmour International Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall will be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall will not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after GrantorBorrower’s failure to perform, shall will not affect Lender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Business Loan Agreement

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s failure to perform, shall not affect effect Lender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Security Agreement (Broadview Institute Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, Agreement or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Deposit Account Terms and Conditions (Gateway Trade Center Inc.)

Election of Remedies. Except as may be prohibited by applicable law-law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s 's failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Security Agreement (Amexdrug Corp)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Sale Leaseback Agreement (Entertainment Games, Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Grantors under this Agreement, after Grantor’s Grantors’ failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Security Agreement (Sports Field Holdings, Inc.)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Grantor’s Borrower's failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Loan and Security Agreement (Epazz Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Houston Post Oak Partners LTD)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s 's failure to perform, shall not affect Lender’s 's right to declare a default and exercise its as remedies.

Appears in 1 contract

Samples: Commercial Pledge and Security Agreement (Bj Chicago LLC)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s 's failure to perform, shall not affect Lender’s Lenders right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Security Agreement (Rocky Mountain Chocolate Factory Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform per form an obligation of Grantor under this Agreement, after GrantorGrantor ’s failure to perform, shall not affect LenderLender ’s right r ight to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Security Agreement (Shells Seafood Restaurants Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, ; after Grantor’s failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Security Agreement (Sterion Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender Lxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after GrantorGxxxxxx’s failure to perform, perform . shall not affect LenderLxxxxx’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Security Agreement (Syra Health Corp)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Granter under this Agreement, after Grantor’s failure to perform, shall not affect Lender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Business Loan Agreement (Landmark Bancorp Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Loan Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Lender to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Grantor’s 's failure to perform, shall not affect Lender’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Aircraft Assets Security Agreement (Air T Inc)

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