Common use of Security for Payment Clause in Contracts

Security for Payment. Payment of this Note is secured under the terms and subject to the conditions of certain of the Related Documents. Nothing in this Note shall be deemed to preclude the Payee from obtaining other or additional security for the payment of this Note, to require the Payee to elect remedies or proceed against any collateral or guarantee before Accelerating payment of this Note or to take any legal or other action to collect payment of this Note.

Security for Payment. Payment of this Note is secured under the terms and subject to the conditions of certain of the Related Documents. Nothing in this Note shall be deemed to preclude the Payee from obtaining other or additional security for the payment of this Note, to require the Payee to elect remedies or proceed against any collateral Collateral or guarantee guaranty before Accelerating payment of this Note or to take any legal or other action to collect payment of this Note.

Security for Payment. Payment of this Note is secured under the terms and subject to the conditions of certain of the Related Security Documents. Nothing in this Note shall be deemed to preclude the Payee from obtaining other or additional security for the payment of this Note, Note or to require the Payee to elect remedies or proceed against any collateral or guarantee before Accelerating payment of this Note or to take taking any legal or other action to collect payment of this Note.

Security for Payment. Payment of this Note is secured under the terms and subject to the conditions of that certain Amended and Restated Security Agreement dated as of the Related DocumentsDate of Note among the Makers and Payee ("Amended Security Agreement"). Nothing in this Note shall be deemed to preclude the Payee from obtaining other or additional security for the payment of this Note, to require the Payee to elect remedies or proceed against any collateral or guarantee before Accelerating payment of this Note or to take any legal or other action to collect payment of this Note.