MDC RIGHTS AND REMEDIES. After default of STI, and on notice from MDC that STI is in default, MDC shall have the following options: i) terminate the Agreement and STI's rights under the Agreement; ii) declare the balance of all unpaid rent and all other charges of any kind required of STI under the Agreement to be due and payable immediately; and, iii) repossess the property without legal process free of all rights of STI in and to the property. STI authorizes MDC or MDC's agent to enter on any premises where the property is located and repossess it and remove it.
Appears in 5 contracts
Samples: Equipment Lease (Simple Technology Inc), Equipment Lease (Simple Technology Inc), Equipment Lease (Simple Technology Inc)
