REMIDIES Sample Clauses

REMIDIES. (a) (CONTINUATION OF LEASE). Upon default of this lease by Tenant, lessor may, without notice to Tenant, elect to allow this lease to continue in full force and effect and to enforce all of Lessor’s rights and remedies hereunder, including without limitation, the right to collect rent as it becomes due, as long as Lessor does not terminate Tenant’s right to possession of the Farming Parcels. The following acts by the Lessor shall not constitute a termination of Tenant’s right to possession:
AutoNDA by SimpleDocs
REMIDIES. Upon the failure of the Borrower of any Guarantor to pay any obligations under this Agreement when becoming or made due in accordance with this Agreement, the Bank may exercise any or all of the remedies that the Bank has under this Agreement or at law. The Bank may, without demand of performance or other demand, advertisement or notice of any kind to the Borrower (all and each of which are expressly waived), immediately collect, receive appropriate and realize upon the Collateral, or any part of it. The Bank may immediately sell, assign, give options to purchase, contract to sell or otherwise dispose of and deliver the Collateral, or any part of it, at one or more public or private sale or sales, at any of the Bank's offices or elsewhere upon such terms and conditions as the Bank may deem advisable. At any such sale, the Bank will have the right to purchase the whole or any part of the Collateral, free of any right of redemption which the Borrower may have (which right, to the extent permitted by law, is expressly waived and released). The Bank will apply the proceed of any such collection, recovery, receipt, appropriation, realization or sale, after deducting all reasonable costs and expenses thereof, to the obligations in such order as the Bank chooses. The Borrower agrees, that, to the extent that notice of sale or other disposition is required by law, the Bank need not give more than 5 business days notice of the time and place of any public sale or of the time after which a private sale or other intended disposition is to take place and that such notice is reasonable notification of such matters. The Borrower also agrees to assemble the Collateral at such place or places as the Bank designates by written notice. No failure by the Bank to exercise, and no delay in exercising, any right, remedy or power shall operate as a waiver of any such right, remedy or power not shall any single or partial exercise by the Bank of any right, remedy or power preclude any other or future exercise thereof or the exercise of any other right, remedy or power. Each and every right, remedy or power the Bank has under this Agreement or at law is cumulative and not exclusive of any other right, remedy or power, and may be exercised by the Bank at any time and from time to time. If the Collateral secures other obligations to the Bank in addition to the obligations under this Agreement, the Bank may apply the proceed to all of the Borrower's obligations to the Bank (including...
REMIDIES. Upon failure of the Tenant to execute any of the above instruments within fifteen (15) days of written request to do so by Landlord, Tenant hereby irrevocably appoints Landlord as attorney-in-fact for the Tenant with full power and authority to execute and deliver in the name of the Tenant any such instruments.

Related to REMIDIES

  • Payments From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

  • Remittances On each Remittance Date the Company shall remit by wire transfer of immediately available funds to the Purchaser (a) all amounts deposited in the Custodial Account as of the close of business on the Determination Date (net of charges against or withdrawals from the Custodial Account pursuant to Section 4.05), plus (b) all amounts, if any, which the Company is obligated to distribute pursuant to Section 5.03, minus (c) any amounts attributable to Principal Prepayments received after the applicable Principal Prepayment Period which amounts shall be remitted on the following Remittance Date, together with any additional interest required to be deposited in the Custodial Account in connection with such Principal Prepayment in accordance with Section 4.04(viii), and minus (d) any amounts attributable to Monthly Payments collected but due on a Due Date or Dates subsequent to the first day of the month of the Remittance Date, which amounts shall be remitted on the Remittance Date next succeeding the Due Period for such amounts. With respect to any remittance received by the Purchaser after the second Business Day following the Business Day on which such payment was due, the Company shall pay to the Purchaser interest on any such late payment at an annual rate equal to the Prime Rate, adjusted as of the date of each change, plus three percentage points, but in no event greater than the maximum amount permitted by applicable law. Such interest shall be deposited in the Custodial Account by the Company on the date such late payment is made and shall cover the period commencing with the day following such second Business Day and ending with the Business Day on which such payment is made, both inclusive. Such interest shall be remitted along with the distribution payable on the next succeeding Remittance Date. The payment by the Company of any such interest shall not be deemed an extension of time for payment or a waiver of any Event of Default by the Company.

  • Revenue Sharing Developer shall pay to Fig, or Fig shall retain (as applicable), the Fig Share in accordance with the terms below.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!