Common use of Recovery of Unpaid Sums Clause in Contracts

Recovery of Unpaid Sums. Lender may, from time to time, take legal action to recover any sums as the same become due, without regard to whether or not the Loan shall be accelerated and without prejudice to Lender’s right thereafter to accelerate the Loan or exercise any other remedy, if such sums remain uncollected.

Appears in 7 contracts

Samples: Loan Agreement (Independence Realty Trust, Inc), Loan Agreement (Resource Real Estate Opportunity REIT, Inc.), Mezzanine Loan Agreement (CNL Hotels & Resorts, Inc.)

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Recovery of Unpaid Sums. Lender may, from time to time, take legal action to recover any sums as the same become due, without regard to whether or not the Loan shall be accelerated and without prejudice to Lender’s 's right thereafter to accelerate the Loan or exercise any other remedy, if such sums remain uncollected.

Appears in 7 contracts

Samples: Loan Agreement (Cole Credit Property Trust V, Inc.), Loan Agreement and Security Agreement (Bollente Companies Inc.), Loan Agreement (Consolidated Capital Properties Iv)

Recovery of Unpaid Sums. Lender Lender. may, from time to time, take legal action to recover any sums as the same become due, without regard to whether or not the Loan shall be accelerated and without prejudice to Lender’s 's right thereafter to accelerate the Loan or exercise any other remedy, if such sums remain uncollected.

Appears in 1 contract

Samples: Loan Agreement (Cole Credit Property Trust V, Inc.)

Recovery of Unpaid Sums. Lender may, from time to time, take legal action to recover any sums as the same become due, without regard to whether or not the Loan Loans shall be accelerated and without prejudice to Lender’s 's right thereafter to accelerate the Loan Loans or exercise any other remedy, if such sums remain uncollected.

Appears in 1 contract

Samples: Loan Agreement (Kramont Realty Trust)

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Recovery of Unpaid Sums. Lender may, from time to time, take legal action to recover any sums as the same become due, without regard to whether or not the Loan New Note shall be accelerated and without prejudice to Lender’s right thereafter to accelerate the Loan New Note or exercise any other remedy, if such sums remain uncollected.

Appears in 1 contract

Samples: Loan Agreement (Trutankless, Inc.)

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