Common use of Other Damages Clause in Contracts

Other Damages. Notwithstanding the exercise by Lender or its Assignee of any of the remedies found in Section 9(b) above, Borrower shall, in any event remain fully liable for reasonable damages as provided by law and for all reasonable costs of collection and reasonable expenses incurred by Lender or its Assignee on account of such Event of Default including but not limited to all expenses of selling or leasing the Collateral (including broker’s and sales representative’s fees and commissions), cleaning and repainting, storage costs, repossession costs, court costs and reasonable attorney’s fees. Borrower hereby agrees that, in any event, it will be liable for any deficiency after any lease or other disposition of the Collateral. The rights afforded Lender hereunder shall not be deemed to be exclusive, but may be exercised concurrently and shall be in addition to any other rights or remedies provided to creditors or lenders under the UCC or otherwise by law or equity.

Appears in 4 contracts

Samples: Loan and Security Agreement, Master Loan and Security Agreement (CytomX Therapeutics, Inc.), Master Loan and Security Agreement (CytomX Therapeutics, Inc.)

AutoNDA by SimpleDocs

Other Damages. Notwithstanding the exercise by Lender Lessor or its Assignee of any of the remedies found in Section 9(b) above, Borrower Lessee shall, in any event remain fully liable for reasonable damages as provided by law and for all reasonable costs of collection and reasonable expenses incurred by Lender Lessor or its Assignee on account of such Event of Default including but not limited to all expenses of selling or leasing the Collateral Equipment (including broker’s 's and sales representative’s 's fees and commissions), cleaning and repainting, storage costs, repossession costs, court costs and reasonable attorney’s 's fees. Borrower Lessee hereby agrees that, in any event, it will be liable for any deficiency after any lease or other disposition of the CollateralEquipment. The rights afforded Lender Lessor hereunder shall not be deemed to be exclusive, but may be exercised concurrently and shall be in addition to any other rights or remedies provided to creditors or lenders lessors under the UCC or otherwise by law or equity.

Appears in 2 contracts

Samples: Master Lease Agreement (Convio, Inc.), Convio, Inc.

AutoNDA by SimpleDocs

Other Damages. Notwithstanding the exercise by Lender Lessor or its Assignee of any of the remedies found in Section 9(b) above, Borrower Lessee shall, in any event remain fully liable for reasonable damages as provided by law and for all reasonable costs of collection and reasonable expenses incurred by Lender Lessor or its Assignee on account of such Event of Default including but not limited to all reasonable expenses of selling or leasing the Collateral Equipment (including reasonable broker’s 's and sales representative’s 's fees and commissions), cleaning and repainting, storage costs, repossession costs, court costs and reasonable attorney’s 's fees. Borrower Lessee hereby agrees that, in any event, it will be liable for any deficiency after any lease or other disposition of the CollateralEquipment. The rights afforded Lender Lessor hereunder shall not be deemed to be exclusive, but may be exercised concurrently and shall be in addition to any other rights or remedies provided to creditors or lenders lessors under the UCC or otherwise by law or equity.

Appears in 1 contract

Samples: Master Lease Agreement (Arbinet Thexchange Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.