Common use of Performance by Secured Party Clause in Contracts

Performance by Secured Party. Upon failure by the Debtor to perform any of the acts to be performed by Debtor in accordance with Paragraph 4(e) above, the Secured Party shall be authorized and shall have the option to perform any and all of said acts in any manner deemed proper by the Secured Party, without waiving any rights with respect to the enforcement of this Agreement.

Appears in 4 contracts

Samples: Security Agreement (Drinks Americas Holdings, LTD), Security Agreement (Drinks Americas Holdings, LTD), Security Agreement (Drinks Americas Holdings, LTD)

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Performance by Secured Party. Upon failure by the Debtor to perform any of the acts to be performed by Debtor described in accordance with Paragraph 4(eparagraph (e) above, the Secured Party shall be is authorized and shall have has the option to take possession of the collateral and to perform any and all of said acts in any manner deemed proper by the Secured Party, without waiving any rights with respect to the enforcement of enforce this Agreementagreement.

Appears in 2 contracts

Samples: Security Agreement (Premier Product Group, Inc.), Security Agreement

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Performance by Secured Party. Upon failure by the Debtor to perform any of the acts to be performed by Debtor described in accordance with Paragraph 4(eparagraph (e) above, the Secured Party shall be is authorized and shall have has the option to take possession of the collateral and to perform any and all of said acts in any manner deemed proper by the Secured Party, without waiving any rights with respect to the enforcement of enforce this Agreement.agreement. (2)

Appears in 1 contract

Samples: Security Agreement

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