Common use of No Merger of Judgment Clause in Contracts

No Merger of Judgment. The taking of a judgment on any covenant contained herein or on any covenant set forth in any other security for payment of any indebtedness hereunder or performance of the obligations hereby secured shall not operate as a merger of any such covenant or affect the Lender's right to interest at the rate and times provided in this Agreement on any money owing to the Lender under any covenant herein or therein set forth and such judgment shall provide that interest thereon shall be calculated at the same rate and in the same manner as herein provided until such judgment is fully paid and satisfied.

Appears in 45 contracts

Samples: Agreement (Triton Emission Solutions Inc.), Loan Agreement (Eflo Energy, Inc.), Loan Agreement (Poly Shield Technologies Inc.)

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No Merger of Judgment. The taking of a judgment on any covenant contained herein or on any covenant set forth in any other security for payment of any indebtedness hereunder or performance of the obligations hereby secured shall not operate as a merger of any such covenant or affect the Lender's ’s right to interest at the rate and times provided in this Agreement on any money owing to the Lender under any covenant herein or therein set forth and such judgment shall provide that interest thereon shall be calculated at the same rate and in the same manner as herein provided until such judgment is fully paid and satisfied.

Appears in 6 contracts

Samples: Loan Agreement (Versus Systems Inc.), Loan Agreement (Versus Systems Inc.), Share Pledge Agreement (XLR Medical Corp.)

No Merger of Judgment. The taking of a judgment on any covenant contained herein or on any covenant set forth in any other security for payment of any indebtedness hereunder or performance of the obligations hereby secured shall not operate as a merger of any such covenant or affect the LenderOptionee's right to interest at the rate and times provided in this Agreement on any money owing to the Lender Optionee under any covenant herein or therein set forth and such judgment shall provide that interest thereon shall be calculated at the same rate and in the same manner as herein provided until such judgment is fully paid and satisfied.

Appears in 4 contracts

Samples: Mineral Option Amending Agreement (Cascadia Capital Corp), Mineral Option Amending Agreement (Big Cat Mining Corp), Mineral Option Amending Agreement (Cascadia Capital Corp)

No Merger of Judgment. The taking of a judgment by the Lender on any covenant contained herein or on any covenant set forth in any this Agreement or other security agreements, for payment of any the indebtedness hereunder or performance of the obligations hereby secured shall thereby secured, does not operate as a merger of any such covenant or affect the Lender's right rights of the Lender to interest at the rate and times provided in this Agreement on any of the money owing to the Lender under any covenant herein or therein set forth hereunder, and such that judgment shall provide that the interest thereon shall be calculated at the same rate and in the same manner as herein provided until such the judgment is fully paid and satisfied.

Appears in 4 contracts

Samples: Security Agreement (Oaxaca Resources Corp), Secured Loan Agreement (Uranium Energy Corp), Loan Agreement (Hemptown Clothing Inc)

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No Merger of Judgment. The taking of a judgment on any covenant --------------------- contained herein or on any covenant set forth in any other security for payment of any indebtedness hereunder or performance of the obligations hereby secured shall not operate as a merger of any such covenant or affect the Lender's right to interest at the rate and times provided in this Agreement on any money owing to the Lender under any covenant herein or therein set forth and such judgment shall provide that interest thereon shall be calculated at the same rate and in the same manner as herein provided until such judgment is fully paid and satisfied.

Appears in 4 contracts

Samples: Loan Agreement (Geoalert Inc), Loan Agreement (Geoalert Inc), Loan Agreement (Geoalert Inc)

No Merger of Judgment. The taking of a judgment by the Lenders on any covenant contained herein or on any covenant set forth in any this Agreement or other security agreements, for payment of any the indebtedness hereunder or performance of the obligations hereby secured shall thereby secured, does not operate as a merger of any such covenant or affect the Lender's right rights of the Lenders to interest at the rate and times provided in this Agreement on any of the money owing to the Lender under any covenant herein or therein set forth Lenders hereunder, and such that judgment shall provide that the interest thereon shall be calculated at the same rate and in the same manner as herein provided until such the judgment is fully paid and satisfied.

Appears in 1 contract

Samples: Secured Loan Agreement (Tapimmune Inc)

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