Common use of Enforcement of Secured Obligation Clause in Contracts

Enforcement of Secured Obligation. Nothing in this --------------------------------- Agreement or in any other agreement shall affect or impair the unconditional and absolute right of the Secured Party to enforce the Secured Obligations as and when the same shall become due in accordance with the terms of the Note or other documents evidencing the Secured Obligations.

Appears in 9 contracts

Samples: Restricted Stock Agreement (Encore Medical Corp), Restricted Stock Agreement (Encore Medical Corp), Restricted Stock Agreement (Encore Medical Corp)

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Enforcement of Secured Obligation. Nothing in this --------------------------------- Agreement or in any other agreement shall affect or impair the unconditional and absolute right of the Secured Party to enforce the Secured Obligations as and when the same shall become due in accordance with the terms of the Note or other documents evidencing the Secured Obligations.

Appears in 9 contracts

Samples: Pledge and Security Agreement (Maii Holdings Inc), Pledge and Security Agreement (Internet America Inc), Pledge and Security Agreement (Internet America Inc)

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