Common use of Breach by Borrower Clause in Contracts

Breach by Borrower. Any breach by Borrower under this Agreement shall be deemed an event of default by Borrower under the Purchase Agreement, and any such breach may be enforced by Assignor through any remedies available to Assignor, at law or in equity, or under the Purchase Agreement. Borrower shall have no rights to enforce this Agreement as against Assignor or Assignee, nor shall any breach or default by Assignor or Assignee hereunder in any way abrogate, limit, or otherwise affect Borrower's obligations under the Purchase Agreement and related Loan Documents.

Appears in 1 contract

Samples: Debt Purchase Agreement (Myecheck, Inc.)

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Breach by Borrower. Any breach by Borrower under this Agreement shall be deemed an event of default by Borrower under the Purchase Credit Agreement, and any such breach may be enforced by Assignor through any remedies available to Assignor, at law or in equity, or under the Purchase Credit Agreement. Borrower shall have no rights to enforce this Agreement as against Assignor or Assignee, nor shall any breach or default by Assignor or Assignee hereunder in any way abrogate, limit, or otherwise affect Borrower's obligations under the Purchase Credit Agreement and related Loan Documents.

Appears in 1 contract

Samples: Debt Purchase Agreement (Pulse Network, Inc.)

Breach by Borrower. Any breach by Borrower under this Agreement shall be deemed an event of default by Borrower under the Purchase Credit Agreement, and any such breach may be enforced by Assignor through any remedies available to Assignor, at law or in equity, or under the Purchase Credit Agreement. Borrower shall have no rights to enforce this Agreement as against Assignor or Assignee, nor shall any breach or default by Assignor or Assignee hereunder in any way abrogate, limit, or otherwise affect Borrower's ’s obligations under the Purchase Credit Agreement and related Loan Documents.

Appears in 1 contract

Samples: Debt Purchase Agreement (KSIX Media Holdings, Inc.)

Breach by Borrower. Any breach by Borrower under this Agreement shall be deemed an event of default by Borrower under the Purchase Agreement, and any such breach may be enforced by Assignor through any remedies available to Assignor, at law or in equity, or under the Purchase Agreement. Borrower shall have no rights to enforce this Agreement as against Assignor or Assignee, nor shall any breach or default by Assignor or Assignee hereunder in any way abrogate, limit, or otherwise affect Borrower's ’s obligations under the Purchase Agreement and related Loan Transaction Documents.

Appears in 1 contract

Samples: Debt Purchase Agreement (Growlife, Inc.)

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Breach by Borrower. Any breach by Borrower under this Agreement shall be deemed an event of default by Borrower under the Purchase Agreement, and any such breach may be enforced by Assignor through any remedies available to Assignor, at law or in equity, or under the Purchase Agreement. Borrower shall have no rights to enforce this Agreement as against Assignor or Assignee, nor shall any breach or default by Assignor or Assignee hereunder in any way abrogate, limit, or otherwise affect Borrower's ’s obligations under the Purchase Agreement and related Loan Documents.

Appears in 1 contract

Samples: Debt Purchase Agreement (OSL Holdings Inc.)

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