Common use of Xxxxxx’s Remedies Clause in Contracts

Xxxxxx’s Remedies. In the event of default, the Company, without giving formal notice, may exercise any of its contractual or statutory rights or remedies, allowed by the law. In all cases, the Company is entitled to payment of all of its expenses. The Company’s failure to exercise a right shall not constitute a waiver of such right for the future. Moreover, the Company’s acceptance of the payment of a sum of money by the Borrower or the Co-borrower, if any, following default shall not constitute a waiver of its other rights and remedies. The Company’s decision to exercise one or more of its rights under this Loan Agreement or under the law shall not prevent it from exercising any other rights that it may possess.

Xxxxxx’s Remedies. In the event of default, the Company, without giving formal notice, may exercise any of its contractual or statutory rights or remedies, it has under this Loan Agreement or allowed by the lawlaw included but not limited to a personal action. In all cases, the Company is entitled to payment of all of its incurred expenses. The Company’s failure to exercise a right shall not constitute a waiver of such right for the future. Moreover, the Company’s acceptance of the payment of a sum of money by the Borrower or the Co-borrower, if any, following default shall not constitute as a waiver of its other rights and remedies. The Company’s decision to exercise one or more of its rights under this Loan Agreement or under the law shall not prevent it from exercising any other rights that it may possess.