Common use of Remedies Cumulative and Concurrent Clause in Contracts

Remedies Cumulative and Concurrent. No remedy herein conferred ---------------------------------- upon or reserved to the Bank is intended to be exclusive of any other remedies provided for in the Financing Documents, and each and every such remedy shall be cumulative, and shall be in addition to every other remedy given hereunder, or under the Financing Documents, or now or hereafter existing at law or in equity or by statute. Every right, power and remedy given by the Financing Documents to the Bank shall be concurrent and may be pursued separately, successively or together against the Borrowers or any of them, the Collateral or other security for the Borrowers' Obligations or any part thereof, and every right, power and remedy given by the Financing Documents may be exercised from time to time as often as may be deemed expedient by the Bank.

Appears in 2 contracts

Samples: Financing and Security Agreement (Production Group International Inc), Financing and Security Agreement (Production Group International Inc)

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Remedies Cumulative and Concurrent. No remedy herein conferred ---------------------------------- upon or reserved to the Bank is intended to be exclusive of any other remedies provided for in the Financing Documents, and each and every such remedy shall be cumulative, and shall be in addition to every other remedy given hereunder, or under the Financing Documents, or now or hereafter existing at law or in equity or by statute. Every right, power and remedy given by the Financing Documents to the Bank shall be concurrent and may be pursued separately, successively or together against the Borrowers Borrower or any of them, the Collateral or other security for the Borrowers' Obligations or any part thereof, and every right, power and remedy given by the Financing Documents may be exercised from time to time as often as may be deemed expedient by the Bank.

Appears in 1 contract

Samples: Letter of Credit, Loan and Security Agreement (Airport Systems International Inc)

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Remedies Cumulative and Concurrent. No remedy herein conferred ---------------------------------- upon or reserved to the Bank is intended to be exclusive of any other remedies provided for in the Financing Documents, and each and every such remedy shall be cumulative, and shall be in addition to every other remedy given hereunder, or under the Financing Documents, or now or hereafter existing at law or in equity or by statute. Every right, power and remedy given by the Financing Documents to the Bank shall be concurrent and may be pursued separately, successively or together against the Borrowers Debtor or any of them, the Collateral or other security for the Borrowers' Debtor's Obligations or the Borrower's Obligations or any part thereof, and every right, power and remedy given by the Financing Documents may be exercised from time to time as often as may be deemed expedient by the Bank.

Appears in 1 contract

Samples: Letter of Credit, Loan and Security Agreement (Gse Systems Inc)

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