Common use of Right to Enforce Clause in Contracts

Right to Enforce. Demands under this Agreement may be made from time to time, and the liabilities of the Obligor under this Agreement may be enforced, irrespective of: (a) whether any demands, steps or proceedings are being or have been made or taken against the Borrower and/or any third party; or (b) whether or in what order any security to which the Lender may be entitled in connection with the Credit Agreement is enforced.

Appears in 2 contracts

Sources: Guarantee and Indemnity (Yappn Corp.), Guarantee and Indemnity (Yappn Corp.)

Right to Enforce. Demands under this Agreement may be made from time to timetime if an Event of Default occurs and is continuing, and the liabilities of the Obligor Guarantor under this Agreement may be enforced, irrespective of: (a) whether any demands, steps or proceedings are being or have been made or taken against the Borrower any Loan Party and/or any third party; or (b) whether or in what order any security to which the Lender Beneficiaries may be entitled in connection with the Credit Agreement any Loan Document is enforced.

Appears in 1 contract

Sources: Revolving Credit Facility (Big Lots Inc)

Right to Enforce. Demands under this Agreement may be made from time to time, and the liabilities of the Obligor under this Agreement may be enforced, irrespective of: (a) whether any demands, steps or proceedings are being or have been made or taken against the Borrower and/or any third party; or (b) whether or in what order any security to which the Lender may be entitled in connection with the Credit Agreement any Loan Document is enforced.

Appears in 1 contract

Sources: Loan Agreement (Enerkem Inc.)

Right to Enforce. Demands under this Agreement may be made from time to time, and the liabilities of the Obligor under this Agreement may be enforced, irrespective of: (a) whether any demands, steps or proceedings are being or have been made or taken against the Borrower and/or any third party; or (b) whether or in what order any security to which the Lender Secured Parties may be entitled in connection with the Credit Agreement any Loan Document is enforced.

Appears in 1 contract

Sources: Credit Agreement (PHH Corp)