Nature of Remedies. All rights and remedies granted Agent or Lenders hereunder and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Agent may proceed with any number of remedies at the same time until all Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and Agent, upon or at any time after the occurrence of an Event of Default, may proceed against Borrower, at any time, under any agreement, with any available remedy and in any order.
Appears in 2 contracts
Samples: Loan and Security Agreement (Resource America Inc), Loan and Security Agreement (Fidelity Leasing Inc)
Nature of Remedies. All rights and remedies granted Administrative Agent or on behalf of Lenders hereunder under this Agreement and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Administrative Agent may proceed with any number of remedies at the same time until all Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and AgentLender, upon or at any time after the occurrence of an Event of Default, may proceed against Borrower, at any time, under any agreement, with any available remedy and in any order.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (RTI Biologics, Inc.)
Nature of Remedies. All rights and remedies granted Agent or Lenders hereunder and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Agent may proceed with any number of remedies at the same time until all Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and Agent, upon or at any time after the occurrence of an Event of Default, may proceed against Borrower, at any time, under any agreement, with any available remedy and in any order.
Appears in 2 contracts
Samples: Loan and Security Agreement (Resource America Inc), Loan and Security Agreement (Granite Financial Inc)
Nature of Remedies. All rights and remedies granted Agent or Lenders hereunder and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Agent may proceed with any number of remedies at the same time until all Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and Agent, upon or at any time after the occurrence of an Event of Default, may proceed against any Borrower, at any time, under any agreement, with any available remedy and in any order.
Appears in 1 contract
Nature of Remedies. All rights and remedies granted Agent or Lenders hereunder and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Agent may proceed with any number of remedies at the same time until all Loan Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and Agent, upon or at any time after the occurrence of an Event of Default, may proceed against any Borrower, at any time, under any agreement, with any available remedy and in any order.
Appears in 1 contract
Nature of Remedies. All rights and remedies granted Agent or and/or Lenders hereunder and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Agent may proceed with any number of remedies at the same time until all Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and Agent, upon or at any time after the occurrence of an Event of Default, may proceed against Borrower, any Obligor, or their Property at any time, under any agreement, with any available remedy and in any order.
Appears in 1 contract
Nature of Remedies. All rights and remedies granted Administrative Agent or Lenders hereunder and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Administrative Agent may proceed with any number of remedies at the same time until all Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and Administrative Agent, upon or at any time after the occurrence of an Event of Default, may proceed against BorrowerBorrower or any of the Collateral, at any time, under any agreement, with any available remedy and in any order.
Appears in 1 contract
Nature of Remedies. All rights and remedies granted Agent or Lenders hereunder and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Agent may proceed with any number of remedies at the same time until all Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and Agent, upon or at any time after the occurrence of an Event of Default, may proceed against any Borrower, at any time, under any agreement, with any available remedy and in any order.
Appears in 1 contract
Nature of Remedies. All rights and remedies granted Agent or ------------------ Lenders hereunder and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Agent may proceed with any number of remedies at the same time until all Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and Agent, upon or at any time after the occurrence of an Event of Default, may proceed against BorrowerBorrowers, or any of them, or any of the Collateral, at any time, under any agreement, with any available remedy and in any order.
Appears in 1 contract
Samples: Loan and Security Agreement (Telespectrum Worldwide Inc)
Nature of Remedies. All rights and remedies granted Agent or Lenders hereunder and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Agent may proceed with any number of remedies at the same time until all Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and Agent, at the discretion of the Majority Lenders, upon or at any time after the occurrence of an Event of Default, may proceed against BorrowerBorrower or any of the Collateral, at any time, under any agreement, with any available remedy and in any order.
Appears in 1 contract
Nature of Remedies. All rights and remedies granted Agent or Lenders hereunder and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Agent may proceed with any number of remedies at the same time until all Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and Agent, upon or at any time after the occurrence of an Event of Default, may proceed against BorrowerBorrower or any of the Collateral, at any time, under any agreement, with any available remedy and in any order.
Appears in 1 contract
Samples: Loan and Security Agreement (Ecc International Corp)
Nature of Remedies. All rights and remedies granted Agent or Lenders hereunder and under the Loan Documents, or otherwise available at law or in equity, shall be deemed concurrent and cumulative, and not alternative remedies, and Agent may proceed with any number of remedies at the same time until all Obligations under or in connection with this Agreement are satisfied in full. The exercise of any one right or remedy shall not be deemed a waiver or release of any other right or remedy, and Agent, upon or at any time after the occurrence of an Event of Default, may proceed against BorrowerBorrowers, or either of them, at any time, under any agreement, with any available remedy and in any order.
Appears in 1 contract
Samples: Loan and Security Agreement (Capital Associates Inc)