RECOVERY OF SUMS REQUIRED TO BE PAID. Mortgagee shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Obligations as the same become due and owing, without regard to whether or not the balance of the Obligations shall be due, and without prejudice to the right of Mortgagee thereafter to bring an action of foreclosure, or any other action, for a default or defaults by Mortgagor existing at the time such earlier action was commenced.
Appears in 16 contracts
Samples: Operation and Easement Agreement (Discovery Zone Inc), Discovery Zone Inc, Discovery Zone Inc
RECOVERY OF SUMS REQUIRED TO BE PAID. Mortgagee shall have the right right, from time to time time, to take action to recover any sum or sums which constitute a part of the Secured Obligations as the same become due and owingdue, without regard to whether or not the balance of the Secured Obligations shall be due, due and without prejudice to the right of Mortgagee thereafter to bring an action of foreclosure, or any other action, for a default or defaults by Mortgagor Grantor existing at the time such earlier action was commenced.
Appears in 2 contracts
Samples: Purchase Agreement (Louisiana Casino Cruises Inc), Louisiana Casino Cruises Inc
RECOVERY OF SUMS REQUIRED TO BE PAID. Mortgagee shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Obligations Debt as the same become due and owingdue, without regard to whether or not the balance of the Obligations Debt shall be due, and without prejudice to the right of Mortgagee thereafter to bring an action of foreclosure, or any other action, for a default or defaults by Mortgagor Borrower existing at the time such earlier action was commenced.
Appears in 1 contract
RECOVERY OF SUMS REQUIRED TO BE PAID. Each Mortgagee shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Obligations Debts as the same become due and owingdue, without regard to whether or not the balance of the Obligations Debts shall be due, and without prejudice to the right rights of Mortgagee Agent, on behalf of Mortgagees, thereafter to bring an action of foreclosure, or any other action, for a default or defaults by Mortgagor existing at the time such earlier action was commenced.
Appears in 1 contract
Samples: Ener1 Inc
RECOVERY OF SUMS REQUIRED TO BE PAID. Mortgagee and Lenders shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Secured Obligations as the same become due and owingdue, without regard to whether or not the balance of the Secured Obligations shall be due, and without prejudice to the right of Mortgagee and Lenders thereafter to bring an action of foreclosure, or any other action, for a default or defaults by Mortgagor existing at the time such earlier action was commenced.
Appears in 1 contract
RECOVERY OF SUMS REQUIRED TO BE PAID. Mortgagee shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Obligations Debt as the same they become due and owingdue, without regard to whether or not the balance of the Obligations Debt shall be due, and without prejudice to the right of Mortgagee thereafter to bring an action of foreclosure, or any other action, for a default or defaults by Mortgagor existing at the time such earlier action was commenced.
Appears in 1 contract
Samples: Essex Hospitality Associates Iv Lp