COLLATERAL SECURITIES. 7.1 The Agreement is collateral to all other deeds, securities, documents and agreements made between us and any party to secure the Outstanding Monies, such that a default under any one such security shall be a default under the other but any release shall not operate as a release of any other security. 7.2 We may pursue our remedies and exercise our powers under the Agreement or the said collateral securities separately or concurrently. 7.3 You will perform and observe all the terms of every such collateral security.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement