Common use of RECOVERY OF SUMS REQUIRED TO BE PAID Clause in Contracts

RECOVERY OF SUMS REQUIRED TO BE PAID. The Secured Party 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, without regard to whether or not the balance of the Obligations shall be due, and without prejudice to the right of the Secured Party thereafter to bring an action of foreclosure, or any other action, for a default or defaults by the Borrower existing at the time such earlier action was commenced.

Appears in 6 contracts

Samples: Loan and Security Agreement (Ich Corp /De/), Pledge and Security Agreement (FFP Partners L P), Master Business Lease Financing Agreement (Eroom System Technologies Inc)

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RECOVERY OF SUMS REQUIRED TO BE PAID. The Secured Party Parties shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Obligations Indebtedness as the same become due, without regard to whether or not the balance of the Obligations Indebtedness shall be due, and without prejudice to the right of the Secured Party Mortgagee thereafter to bring an action of foreclosure, or any other action, for a default or defaults by the Borrower Mortgagor existing at the time such earlier action was commenced.

Appears in 5 contracts

Samples: Mortgage, Assignment of Leases and Rents, and Security Agreement (Oneida LTD), Mortgage, Assignment of Leases and Rents, and Security Agreement (Oneida LTD), Mortgage, Assignment of Leases and Rents, and Security Agreement (Oneida LTD)

RECOVERY OF SUMS REQUIRED TO BE PAID. The Secured Party 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, without regard to whether or not the balance of the Obligations shall be due, and without prejudice to the right of the Secured Party thereafter to bring an action of foreclosure, or any other action, for a default or defaults by the Borrower existing at the time such earlier action was commenced.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Main Street & Main Inc), Security Agreement (Fidelity Holdings Inc)

RECOVERY OF SUMS REQUIRED TO BE PAID. The Secured Party 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, without regard to whether or not the balance of the Obligations shall be due, and without prejudice to the right of the Secured Party thereafter to bring an action of foreclosure, or any other action, for a default or defaults by the Borrower Debtor existing at the time such earlier action was commenced.

Appears in 1 contract

Samples: Security Agreement (Interfoods of America Inc)

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RECOVERY OF SUMS REQUIRED TO BE PAID. The Secured Party 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, without regard to whether or not the balance of the Obligations shall be due, and without prejudice to the right of the Secured Party thereafter to bring an action of foreclosure, or any other action, for a default or defaults by the Borrower existing at the time such earlier action was commenced.

Appears in 1 contract

Samples: Loan and Security Agreement (Discovery Investments Inc)

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