RECOVERY OF SUMS REQUIRED TO BE PAID. The Secured Parties shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Indebtedness as the same become due, without regard to whether or not the balance of the Indebtedness 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.
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Samples: And Security Agreement (Oneida LTD), Oneida LTD, Oneida LTD
RECOVERY OF SUMS REQUIRED TO BE PAID. The Secured Parties Party shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Indebtedness Obligations as the same become due, without regard to whether or not the balance of the Indebtedness Obligations shall be due, and without prejudice to the right of Mortgagee Secured Party 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 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 Parties Party shall have ------------------------------------ the right from time to time to take action to recover any sum or sums which constitute a part of the Indebtedness Obligations as the same become due, without regard to whether or not the balance of the Indebtedness Obligations shall be due, and without prejudice to the right of Mortgagee Secured Party 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.
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Samples: Loan and Security Agreement (Discovery Investments Inc)
RECOVERY OF SUMS REQUIRED TO BE PAID. The Secured Parties Party shall have the right from time to time to take action to recover any sum or sums which constitute a part of the Indebtedness Obligations as the same become due, without regard to whether or not the balance of the Indebtedness Obligations shall be due, and without prejudice to the right of Mortgagee Secured Party thereafter to bring an action of foreclosure, or any other action, for a default or defaults by Mortgagor Debtor existing at the time such earlier action was commenced.
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