Common use of Negotiate Clause in Contracts

Negotiate. It is further agreed that the Secured Party shall have the right to discount, sell, pledge, negotiate or otherwise dispose of any of the Promissory Notes without in any wise prejudicing or affecting the security herein, and it is further expressly agreed that, should any of the Promissory Notes, mature and remain unpaid, action may be brought and judgment be obtained and collected on such Promissory Notes by any holder thereof, without in any way or manner affecting or impairing this Agreement and without in any wise altering, impairing or prejudicing the right of the Secured Party under the terms, covenants and conditions of this Agreement.

Negotiate. It is further agreed that the Secured Party shall have the right to discount, sell, pledge, negotiate or otherwise dispose of any of the Promissory Notes without in any wise prejudicing or affecting the security herein, and it is further expressly agreed that, should any of the Promissory Notes, mature and remain unpaid, action may be brought and judgment be obtained and collected on such Promissory Notes by any holder thereof, without in any way or manner affecting or impairing this Agreement and without in any wise altering, impairing or prejudicing the right of the Secured Party Parry under the terms, covenants and conditions of this Agreement.