Common use of Election of Remedies Clause in Contracts

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Xxxxxxx’s failure to perform, shall not affect Xxxxxx’s right to declare a default and exercise its remedies.

Appears in 11 contracts

Samples: Commercial Pledge Agreement (Landsea Holdings Corp), Business Loan Agreement (TX Holdings, Inc.), Commercial Security Agreement (Speedemissions Inc)

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Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Xxxxxxx’s Borrowers failure to perform, shall not affect Xxxxxx’s Lenders right to declare a default and exercise its remedies.

Appears in 7 contracts

Samples: Applied UV, Inc., Applied UV, Inc., Aditxt, Inc.

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx Lxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Xxxxxxx’s Borrowers failure to perform, shall not affect Xxxxxx’s Lenders right to declare a default and exercise its remedies.

Appears in 4 contracts

Samples: American Rebel Holdings Inc, American Rebel Holdings Inc, American Rebel Holdings Inc

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx Lxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after XxxxxxxGxxxxxx’s failure to perform, shall not affect XxxxxxLxxxxx’s right to declare a default and exercise its remedies.

Appears in 3 contracts

Samples: Commercial Security Agreement (Arts Way Manufacturing Co Inc), Commercial Pledge Agreement (Schermer Robert E Jr), Commercial Pledge Agreement (BJs RESTAURANTS INC)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Xxxxxxx’s Xxxxxxxx's failure to perform, shall not affect Xxxxxx’s 's right to declare a default and exercise its remedies.

Appears in 2 contracts

Samples: Security Agreement (Sky Quarry Inc.), ParcelPal Logistics Inc.

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after Xxxxxxx’s Borrowers failure to perform, shall not affect Xxxxxx’s Lenders right to declare a default and exercise its remedies.

Appears in 2 contracts

Samples: Precipio, Inc., Aditxt, Inc.

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx Lxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Xxxxxxx’s Gxxxxxx's failure to perform, shall not affect Xxxxxx’s Lxxxxx's right to declare a default and exercise its remedies.

Appears in 2 contracts

Samples: Commercial Pledge Agreement (Pure Cycle Corp), Commercial Security Agreement (American Consumers Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to Lenxxx xx pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Xxxxxxx’s Graxxxx'x failure to perform, shall not affect Xxxxxx’s Lenxxx'x right to declare a default and exercise its remedies.

Appears in 2 contracts

Samples: Commercial Security Agreement (American Consumers Inc), Commercial Security Agreement (American Consumers Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documentsany related documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor Borrower under this the Agreement, after XxxxxxxXxxxxxxx’s failure to perform, shall not affect Xxxxxx’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: ParcelPal Logistics Inc.

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after XxxxxxxGrantor’s failure to perform, shall not affect Xxxxxx’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Security Agreement (Natrol Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an en election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Xxxxxxx’s failure to perform, shall not affect Xxxxxx’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Security Agreement (Labwire Inc)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Xxxxxxx’s failure to perform, shall not affect Xxxxxx’s right to declare a default and exercise its remedies.. ​

Appears in 1 contract

Samples: Lodging Fund REIT III, Inc.

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s Xxxxxx's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall shall,be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Xxxxxxx’s 's failure to perform, shall not affect Xxxxxx’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Pledge Agreement (AeroGrow International, Inc.)

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Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Xxxxxxx’s failure to performper-161.m, shall not affect Xxxxxx’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Business Loan Agreement (Loyalty Alliance Enterprise Corp)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, Agreement or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Xxxxxxx’s failure to perform, shall not affect Xxxxxx’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Business Loan Agreement (Loyalty Alliance Enterprise Corp)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx Lxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after XxxxxxxGxxxxxx’s failure to perform, perform . shall not affect XxxxxxLxxxxx’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Security Agreement (Syra Health Corp)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. , Election by Xxxxxx Lxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after XxxxxxxGrantor’s failure to perform, shall not affect XxxxxxLender’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Smith Thomas James)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, Documents or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit of any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Xxxxxxx’s failure to perform, shall not affect Xxxxxx’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Security Agreement (Isecuretrac Corp)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s 's rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall will not exclude pursuit of bar any other remedy, and an election to make expenditures or to take action to perform an obligation of Grantor under this Agreement, after Xxxxxxx’s Grantor's failure to perform, . shall not affect Xxxxxx’s 's right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Aircraft Security Agreement (Energy Exploration Technologies /)

Election of Remedies. Except as may be prohibited by applicable law, all of Lender’s rights and remedies, whether evidenced by this Agreement, the Related Documents, or by any other writing, shall be cumulative and may be exercised singularly or concurrently. Election by Xxxxxx to pursue any remedy shall not exclude pursuit pursuant of any other remedy, and an election to make expenditures or ro to take action to perform an obligation of Grantor under this Agreement, after XxxxxxxGrantor’s failure to perform, shall not affect Xxxxxx’s right to declare a default and exercise its remedies.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Sten Corp)

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