Common use of Selective Enforcement Clause in Contracts

Selective Enforcement. In the event the Bank elects to selectively and successively enforce its rights under any one or more of the instruments securing payment of the indebtedness evidenced by the Loan Documents, such action will not be deemed a waiver or discharge of any other lien or encumbrance securing payment of such indebtedness until such time as the Bank has been paid in full all sums owing to Bank.

Selective Enforcement. In the event the Bank elects to selectively and successively enforce its the Bank’s rights under any one or more of the instruments securing payment of the indebtedness evidenced by the Loan DocumentsObligations, such action will not be deemed a waiver or discharge of any other lien or encumbrance securing payment of such indebtedness the Obligations until such time as the Bank has been paid in full all sums owing to the Bank.

Selective Enforcement. In the event the Bank elects to selectively and successively enforce its the Bank's rights under any one or more of the instruments securing payment of the indebtedness evidenced by the Loan DocumentsObligations, such action will not be deemed a waiver or discharge of any other lien or encumbrance securing payment of such indebtedness the Obligations until such time as the Bank has been paid in full all sums owing to the Bank.

Selective Enforcement. In the event the Bank elects shall elect to selectively and successively enforce its rights under any one or more of the instruments securing payment of the indebtedness evidenced by agreements included in the Loan Documents, such action will shall not be deemed a waiver or discharge of any other lien or encumbrance securing payment of such indebtedness right until such time as the Bank has shall have been paid in full all sums owing to BankIndebtedness.

Selective Enforcement. In the event the Bank elects to selectively and successively enforce its the Bank's rights under any one the Loan Documents or more of the instruments securing payment of the indebtedness evidenced by the Loan DocumentsNote, such action will not be deemed a to be waiver or discharge of any other lien or encumbrance securing payment of such indebtedness the Note, until such time as the Bank has been paid in full all sums owing to advanced by the Bank under the Note, together with all interest, fees and other Bank's expenses including, but not limited to, a reasonable attorneys' fee.

Selective Enforcement. In the event the Bank elects to selectively and successively enforce its the Bank’s rights under any one or more of the instruments securing payment of the indebtedness evidenced by the Loan DocumentsObligations, such action will not be deemed a waiver or Amended and Restated Loan Agreement discharge of any other lien or encumbrance securing payment of such indebtedness the Obligations until such time as the Bank has been paid in full all sums owing to the Bank.