Remedies Clause Example with 7 Variations from Business Contracts

Remedies. 8.1. Upon an Event of Default, as provided in the Debenture, Purchase Agreement or any other Transaction Document, Credit Agreement, if Lender accelerates (or if acceleration is immediate thereunder) the Obligation, all liabilities and obligations of Guarantor hereunder shall become immediately due and payable without demand or notice and, in addition to any other remedies provided by law or in equity, Buyer Lender may: 8.1.1. Enforce the obligations of Guarantor under this Guaranty. 8.1.2. To t...he extent not prohibited by and in addition to any other remedy provided by law or equity, setoff against any of the Obligations Liabilities any sum owed by Buyer Lender in any capacity to Guarantor whether due or not. 6 8.1.3. Perform any covenant or agreement of Guarantor in default hereunder (but without obligation to do so) and in that regard pay such money as may be required or as Buyer Lender may reasonably deem expedient. Any costs, expenses or fees, including reasonable attorneys' fees and costs, incurred by Buyer Lender in connection with the foregoing shall be included in the Obligations Liabilities guaranteed hereby, and shall be due and payable on demand, together with interest at the highest non-usurious rate permitted by applicable law, such interest to be calculated from the date of such advance to the date of repayment thereof. Any such action by Buyer Lender shall not be deemed to be a waiver or release of Guarantor hereunder and shall be without prejudice to any other right or remedy of Buyer. Lender. 6 8.2. Settlement of any claim by Buyer Lender against Company, Borrower, whether in any Proceeding or not, and whether voluntary or involuntary, shall not reduce the amount due under the terms of this Guaranty, except to the extent of the amount actually paid by Company Borrower or any other obligated Person and legally retained by Buyer Lender in connection with the settlement (unless otherwise provided for herein). View More

Remedies. 8.1. Upon an Event of Default, as provided in the Debenture, Purchase Agreement or any other Transaction Document, Credit Agreement, all liabilities and obligations of Guarantor hereunder shall become immediately due and payable without demand or notice and, in addition to any other remedies provided by law or in equity, Buyer Lender may: 8.1.1. Enforce the obligations of Guarantor under this Guaranty. 8.1.2. To the extent not prohibited by and in addition to any other remedy provided by law or ...equity, setoff against any of the Obligations Liabilities any sum owed by Buyer Lender in any capacity to Guarantor whether due or not. 6 8.1.3. Perform any covenant or agreement of Guarantor in default hereunder (but without obligation to do so) and in that regard pay such money as may be required or as Buyer Lender may reasonably deem expedient. Any costs, expenses or fees, including reasonable attorneys' fees and costs, incurred by Buyer Lender in connection with the foregoing shall be included in the Obligations Liabilities guaranteed hereby, and shall be due and payable on demand, together with interest at the highest non-usurious rate permitted by applicable law, such interest to be calculated from the date of such advance to the date of repayment thereof. Any such action by Buyer Lender shall not be deemed to be a waiver or release of Guarantor hereunder and shall be without prejudice to any other right or remedy of Buyer. Lender. 6 8.2. Settlement of any claim by Buyer Lender against Company, Borrower, whether in any Proceeding or not, and whether voluntary or involuntary, shall not reduce the amount due under the terms of this Guaranty, except to the extent of the amount actually paid by Company Borrower or any other obligated Person and legally retained by Buyer Lender in connection with the settlement (unless otherwise provided for herein). View More

Remedies. 8.1. Upon the occurrence of an Event of Default, as provided in the Debenture, Purchase Agreement or any other Transaction Document, Default all liabilities and obligations of each Guarantor hereunder shall become immediately due and payable without demand or notice and, in addition to any other remedies provided by law or in equity, Buyer Lender may: 8.1.1. Enforce the obligations of Guarantor Guarantors under this Guaranty. 8.1.2. To the extent not prohibited by and in addition to any other re...medy provided by law or equity, setoff against any of the Obligations any sum owed by Buyer Lender in any capacity to Guarantor Guarantors whether due or not. 6 8.1.3. Perform any covenant or agreement of Guarantor Guarantors in default hereunder (but without obligation to do so) and in that regard pay such money as may be required or as Buyer Lender may reasonably deem expedient. Any costs, expenses or fees, including reasonable attorneys' fees and costs, incurred by Buyer Lender in connection with the foregoing shall be included in the Obligations guaranteed hereby, and shall be due and payable on demand, together with interest at the highest non-usurious rate permitted by applicable law, such interest to be calculated from the date of such advance to the date of repayment thereof. Any such action by Buyer Lender shall not be deemed to be a waiver or release of Guarantor Guarantors hereunder and shall be without prejudice to any other right or remedy of Buyer. Lender. 6 8.2. Settlement of any claim by Buyer Lender against Company, whether in any Proceeding or not, and whether voluntary or involuntary, shall not reduce the amount due under the terms of this Guaranty, except to the extent of the amount actually paid by Company or any other obligated Person and legally retained by Buyer Lender in connection with the settlement (unless otherwise provided for herein). View More

Remedies. 8.1. Upon the occurrence of an Event of Default, as provided in the Debenture, Purchase Agreement or any other Transaction Document, all liabilities and obligations of Guarantor hereunder shall become immediately due and payable without demand or notice and, in addition to any other remedies provided by law or in equity, Buyer Lender may: 8.1.1. Enforce the obligations of Guarantor under this Guaranty. 6 8.1.2. To the extent not prohibited by and in addition to any other remedy provided by law o...r equity, setoff against any of the Obligations any sum owed by Buyer Lender in any capacity to Guarantor whether due or not. 6 8.1.3. Perform any covenant or agreement of Guarantor in default hereunder (but without obligation to do so) and in that regard pay such money as may be required or as Buyer Lender may reasonably deem expedient. Any costs, expenses or fees, including reasonable attorneys' fees and costs, incurred by Buyer Lender in connection with the foregoing shall be included in the Obligations guaranteed hereby, and shall be due and payable on demand, together with interest at the highest non-usurious rate permitted by applicable law, such interest to be calculated from the date of such advance to the date of repayment thereof. Any such action by Buyer Lender shall not be deemed to be a waiver or release of Guarantor hereunder and shall be without prejudice to any other right or remedy of Buyer. Lender. 8.2. Settlement of any claim by Buyer Lender against Company, Borrower, whether in any Proceeding or not, and whether voluntary or involuntary, shall not reduce the amount due under the terms of this Guaranty, except to the extent of the amount actually paid by Company Borrower or any other obligated Person and legally retained by Buyer Lender in connection with the settlement (unless otherwise provided for herein). View More

Remedies. 8.1. Upon the occurrence of an Event of Default, as provided in the Debenture, Purchase Agreement or any other Transaction Document, all liabilities and obligations of Guarantor hereunder shall become immediately due and payable without demand or notice and, in addition to any other remedies provided by law or in equity, Buyer Lender may: 8.1.1. Enforce the obligations of Guarantor under this Guaranty. 8.1.2. To the extent not prohibited by and in addition to any other remedy provided by law or ...equity, setoff against any of the Obligations any sum owed by Buyer Lender in any capacity to Guarantor whether due or not. 6 8.1.3. Perform any covenant or agreement of Guarantor in default hereunder (but without obligation to do so) and in that regard pay such money as may be required or as Buyer Lender may reasonably deem expedient. Any costs, expenses or fees, including reasonable attorneys' fees and costs, incurred by Buyer Lender in connection with the foregoing shall be included in the Obligations guaranteed hereby, and shall be due and payable on demand, together with interest at the highest non-usurious rate permitted by applicable law, such interest to be calculated from the date of such advance to the date of repayment thereof. Any such action by Buyer Lender shall not be deemed to be a waiver or release of Guarantor hereunder and shall be without prejudice to any other right or remedy of Buyer. Lender. 8.2. Settlement of any claim by Buyer Lender against Company, Borrower, whether in any Proceeding or not, and whether voluntary or involuntary, shall not reduce the amount due under the terms of this Guaranty, except to the extent of the amount actually paid by Company Borrower or any other obligated Person and legally retained by Buyer Lender in connection with the settlement (unless otherwise provided for herein). View More

Remedies. 8.1. Upon an Event of Default, as provided in the Debenture, Purchase Agreement or any other Transaction Document, Agreement, all liabilities and obligations of each Guarantor hereunder shall become immediately due and payable without demand or notice and, in addition to any other remedies provided by law or in equity, Buyer may: 5 8.1.1. Enforce the obligations of each Guarantor under this Guaranty. 8.1.2. To the extent not prohibited by and in addition to any other remedy provided by law or eq...uity, setoff against any of the Obligations any sum owed by Buyer in any capacity to each Guarantor whether due or not. 6 8.1.3. Perform any covenant or agreement of each Guarantor in default hereunder (but without obligation to do so) and in that regard pay such money as may be required or as Buyer may reasonably deem expedient. Any costs, expenses or fees, including reasonable attorneys' fees and costs, incurred by Buyer in connection with the foregoing shall be included in the Obligations guaranteed hereby, and shall be due and payable on demand, together with interest at the highest non-usurious rate permitted by applicable law, such interest to be calculated from the date of such advance to the date of repayment thereof. Any such action by Buyer shall not be deemed to be a waiver or release of any Guarantor hereunder and shall be without prejudice to any other right or remedy of Buyer. 8.2. Settlement of any claim by Buyer against Company, whether in any Proceeding or not, and whether voluntary or involuntary, shall not reduce the amount due under the terms of this Guaranty, except to the extent of the amount actually paid by Company or any other obligated Person and legally retained by Buyer in connection with the settlement (unless otherwise provided for herein). View More

Remedies. 8.1. Upon an Event of Default, as provided in the Debenture, Purchase Agreement or any other Transaction Document, all liabilities and obligations of each Guarantor hereunder shall become immediately due and payable without demand or notice and, in addition to any other remedies provided by law or in equity, Buyer may: 8.1.1. Enforce the obligations of each Guarantor under this Guaranty. 8.1.2. To the extent not prohibited by and in addition to any other remedy provided by law or equity, setoff ...against any of the Obligations any sum owed by Buyer in any capacity to each Guarantor whether due or not. 6 8.1.3. Perform any covenant or agreement of Guarantor the Guarantors in default hereunder (but without obligation to do so) and in that regard pay such money as may be required or as Buyer may reasonably deem expedient. Any costs, expenses or fees, including reasonable attorneys' fees and costs, incurred by Buyer in connection with the foregoing shall be included in the Obligations guaranteed hereby, and shall be due and payable on demand, together with interest at the highest non-usurious rate permitted by applicable law, such interest to be calculated from the date of such advance to the date of repayment thereof. Any such action by Buyer shall not be deemed to be a waiver or release of each Guarantor hereunder and shall be without prejudice to any other right or remedy of Buyer. 8.2. Settlement of any claim by Buyer against Company, whether in any Proceeding or not, and whether voluntary or involuntary, shall not reduce the amount due under the terms of this Guaranty, except to the extent of the amount actually paid by Company or any other obligated Person and legally retained by Buyer in connection with the settlement (unless otherwise provided for herein). herein or therein). View More