Recourses. In the event of default by the Client as described in Section 20.1 and in all other cases where, as dictated by usage, the Broker deems that it is reasonable and necessary to protect its interests, the Broker may, at its entire discretion, sell by mutual agreement or otherwise, all or part of the Collateral at the prices and conditions that the Broker may deem the most appropriate in such circumstances. The Broker may also take the Collateral as payment and exercise any other right under the Agreement or provided by law. Among other things, the Broker may exercise all the rights and powers attached to the Collateral and act as if it were the owner thereof. The Broker may exercise such recourses without publication, notice or demand, or any other prior notice to the Client or third parties. The recourses of the Broker may be exercised together or separately, and in the order that it may determine at its discretion. The Broker may apply the proceeds from the realization of the Securities to the payment of any expenses incurred by it while exercising its rights and recourses, in particular to the payment of judicial and extrajudicial costs incurred, and to the repayment of any obligation of the Client contracted under the Agreement. The Broker shall decide how to apply such proceeds. Failure by the Broker to exercise one or more of its rights and recourses under the Agreement may not be deemed to be abandonment or a waiver of the said rights and recourses.
Recourses. To the extend permitted by law, no recourse under any obligation, covenant or agreement of the Purchaser as contained in this Agreement shall be made against any incorporator, stockholder, affiliate, officer, employee or director of the Purchaser, by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any statute or otherwise, it being expressly agreed and understood that the agreements of the Purchaser contained in this Agreement are solely the corporate obligations of the Purchaser, and that no personal liability whatsoever shall attach to or be incurred by the incorporators, stockholders, affiliates, officers, employees or directors of the Purchaser or any of them, under or by reason of any of the respective obligations, covenants or agreements of the Purchaser contained in this Agreement, or implied therefrom, and that any and all personal liability of every such incorporator, stockholder, affiliate, officer, employee or director of the Purchaser for breaches by the Purchaser of any such obligation, covenant or agreement, whether such liability arises under the Italian law, is hereby expressly waived as a condition of and in consideration of the execution of this Agreement.
Recourses. In the event of default by the Client as described in Section 20.1 and in all other cases where, as dictated by usage, the Broker deems that it is reasonable and necessary to protect its interests, the Broker may, at its entire discretion, sell by mutual agreement or otherwise, all or part of the Collateral at the prices and conditions that the Broker may deem the most appropriate in such circumstances. The Broker may also take the Collateral as payment and exercise any other right under the Agreement or provided by law. Among other things, the Broker may exercise all the rights and powers attached to the Collateral and act as if it were the owner
Recourses. 9.1. Upon the occurrence of an Event of Default, the Creditor may terminate forthwith any commitment that it had to make any advances or payments to the Grantor. The Creditor may also declare as being immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived by the Grantor, an amount equal to the aggregate Obligations and exercise any rights it has in virtue of these presents or the [YOUR COUNTRY LAW].
Recourses. If an Event of Default occurs and is continuing, the Lender may, at its option, declare immediately due and payable, notwithstanding any provision to the contrary effect in this Agreement, the entire amount of the Loan then outstanding, in principal and interest.
Recourses a. In the event of a default, the defaulting party will have 30 days after receiving written notice during which to remedy the default if such remedy is practical. The non-defaulting party may at its sole discretion extend the remedy period beyond 30 days if it deems such extension appropriate.
Recourses. ATTORNEYS’ FEES Should Acquisio resort to legal proceedings in connection with this Agreement, in the event Acquisio prevails in such legal proceedings, Acquisio shall be entitled, in addition to such other relief as may be granted, to recover its reasonable fees and costs in such legal proceedings from You, including Acquisio’s attorney’s fees and costs.
Recourses. The indemnification provisions contained herein and the remedies and recourses provided for in the following sentence constitute the sole and exclusive remedies and recourses of each Party with respect to all matters contemplated hereby (excepting fraud). In the event of a violation of any of the provisions hereof or of any of the Ancillary Agreements any party hereto or thereto shall be entitled to seek from any Quebec Court of competent jurisdiction temporary, interlocutory and permanent injunctive relief without having to give security which may result from such proceeding.
Recourses. The Supplier shall procure or produce all tools, materials, drawings, calculations, models, diagrams, templates, computer software, instructions, specifications and other aids, including hand tools and personal protection equipment, necessary for its performance under the Agreement. Any materials, drawings, models, templates, diagrams, computer software, instructions, specifications and other aids provided by the Company or purchased or created by the Supplier at the Company’s expense shall remain the Company’s property or shall become the Company’s property at the moment of purchase or creation. The Supplier shall be obliged to label the materials, drawings and other aids referred to in paragraph 2 of this article as the identifiable property of the Company, to keep them in good condition and to insure them at its expense against all risks for as long as the Supplier acts as holder in respect of these aids. The Supplier shall not use (or arrange use of) the materials, drawings and other aids referred to in paragraph 2 of this article for or in connection with any purpose other than the delivery to the Company, unless the Company has consented to this beforehand in writing. The Supplier shall give the materials, drawings and other aids that the Company has provided back to the Company in good condition once the order has been completed. The Company shall be entitled to withhold a sum from the payments to the Supplier until this return delivery has taken place.
Recourses. Each of the Vendors hereby acknowledges that any actual or threatened violation of any covenant contained in this Section 8 will cause irreparable harm to the Purchaser, the exact amount of which will be impossible to ascertain and that therefore damages would be an insufficient remedy, and by reason of same, the Vendors hereby further agree that the Purchaser shall be entitled to injunctive relief in order to prevent any such actual or threatened violation, in addition to such other recourses that may be available to them in law or equity or by agreement between the Parties.
