Common use of Purchaser’s Remedies upon Seller’s Default Clause in Contracts

Purchaser’s Remedies upon Seller’s Default. In the event Seller is in Default, Purchaser shall have the right, in addition to any other right or remedy available under applicable law, but not the obligation, in Purchaser’s own name, or in the name of Seller, to take any one or more of the following actions, simultaneously or in such sequence as Purchaser shall determine in Purchaser’s sole discretion:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Vericity, Inc.), Purchase and Sale Agreement/Security Agreement (Viewcast Com Inc)

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Purchaser’s Remedies upon Seller’s Default. In the event Seller is in Default, Purchaser shall have the right, in addition to any other right or remedy available under applicable law, but not the obligation, in Purchaser’s 's own name, or in the name of Seller, to take any one or more of the following actions, simultaneously or in such sequence as Purchaser shall determine in Purchaser’s 's sole discretion:

Appears in 1 contract

Samples: Amegy Bank Business Credit (Koil Energy Solutions, Inc.)

Purchaser’s Remedies upon Seller’s Default. In the event Seller is in Default, Default Purchaser shall have the right, in addition to any other right or remedy available under applicable law, but not the obligation, in Purchaser’s 's own name, or in the name of Seller, to take any one or more of the following actions, simultaneously or in such sequence as Purchaser shall determine in Purchaser’s 's sole discretion:

Appears in 1 contract

Samples: Purchase and Sale Agreement/Security Agreement (Arabian American Development Co)

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Purchaser’s Remedies upon Seller’s Default. In the event Seller is in Default, Purchaser shall have the right, in addition to any other right or remedy available under applicable law, but not the obligation, in Purchaser’s own name, or in the name of Seller, to take any one anyone or more of the following actions, simultaneously or in such sequence as Purchaser shall determine in Purchaser’s sole discretion:

Appears in 1 contract

Samples: Purchase and Sale Agreement/Security Agreement (Here Media Inc.)

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