Common use of Prejudgment and Provisional Remedies Clause in Contracts

Prejudgment and Provisional Remedies. Nothing herein will be construed to prevent Administrative Agent's, any Lender's, Borrower's or any Covered Person's use of bankruptcy, receivership, injunction, repossession, replevin, claim and delivery, sequestration, seizure, attachment, foreclosure, or any other prejudgment or provisional action or remedy relating to any Collateral for any current or future debt owed by either party to the other. Any such action or remedy will not waive Administrative Agent's, any Lender's, Borrower's or any Covered Person's right to compel arbitration of any Dispute.

Appears in 1 contract

Samples: Credit Facilities Agreement (Pomeroy It Solutions Inc)

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Prejudgment and Provisional Remedies. Nothing herein will be construed to prevent Administrative Agent's, any Lender's, Borrower's or any Covered PersonBorrower's use of bankruptcy, receivership, injunction, repossession, replevin, claim and delivery, sequestration, seizure, attachment, foreclosure, or liquidation, and/or any other prejudgment or provisional action or remedy relating to any Collateral for any current or future debt owed by either party to the other. Any such action or remedy will not waive Administrative Agent's, any Lender's, Borrower's or any Covered PersonBorrower's right to compel arbitration of any Dispute.

Appears in 1 contract

Samples: Loan and Security Agreement (Western Power & Equipment Corp)

Prejudgment and Provisional Remedies. Nothing herein will be construed to prevent Administrative Agent's’s, any Lender's’s, Borrower's ’s or any Covered Person's ’s use of bankruptcy, receivership, injunction, repossession, replevin, claim and delivery, sequestration, seizure, attachment, foreclosure, or any other prejudgment or provisional action or remedy relating to any Collateral for any current or future debt owed by either party to the other. Any such action or remedy will not waive Administrative Agent's’s, any Lender's’s, Borrower's ’s or any Covered Person's ’s right to compel arbitration of any Dispute.

Appears in 1 contract

Samples: Credit Facilities Agreement (MTM Technologies, Inc.)

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Prejudgment and Provisional Remedies. Nothing herein will be construed to prevent Administrative Agent's’s, any Lender's, Borrower's ’s or any Covered Person's Borrower’s use of bankruptcy, receivership, injunction, repossession, replevin, claim and delivery, sequestration, seizure, attachment, foreclosure, or dation and/or any other prejudgment or provisional action or remedy relating to any Collateral for any current or future debt owed by either party to the other. Any such action or remedy will not waive Administrative Agent's’s, any Lender's, Borrower's ’s or any Covered Person's Borrower’s right to compel arbitration of any Dispute.

Appears in 1 contract

Samples: Wholesale Financing Agreement (Palm Harbor Homes Inc /Fl/)

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