Remedies Cumulative; No Election Clause Samples

The "Remedies Cumulative; No Election" clause establishes that the rights and remedies provided in the agreement are in addition to, and not exclusive of, any other rights or remedies available under law or in equity. In practice, this means that if a party is wronged, they can pursue multiple remedies simultaneously or sequentially, such as seeking damages while also requesting specific performance, without being forced to choose only one. This clause ensures that parties retain full flexibility in enforcing their rights and are not limited to a single course of action, thereby strengthening their ability to address breaches or disputes effectively.
Remedies Cumulative; No Election. Every right or remedy herein con- ferred upon or reserved to the Mortgagees or to the Noteholders shall be cumulative and shall be in addition to every other right and remedy given hereunder or now or hereafter existing at law, or in equity, or by statute. The pursuit of any right or remedy shall not be construed as an election.
View SourceView Similar (9)
Remedies Cumulative; No Election. Every right or remedy herein conferred upon or reserved to the Mortgagee shall be cumulative and shall be in addition to every other right and remedy given hereunder or now or hereafter existing at law, or in equity, or by statute. The pursuit of any right or remedy shall not be construed as an election.
View SourceView Similar (8)
Remedies Cumulative; No Election. Waiver of Appraisement Rights, Marshaling of Assets Not Re- quired SECTION 4.07 Notice of Default
View SourceView Similar (5)

Related to Remedies Cumulative; No Election

  • Remedies Cumulative; No Waiver No remedy conferred upon a party by this Agreement is intended to be exclusive of any other remedy, and each and every such remedy shall be cumulative and shall be in addition to any other remedy given under this Agreement or now or hereafter existing at law or in equity. No delay or omission by a party in exercising any right, remedy or power under this Agreement or existing at law or in equity shall be construed as a waiver thereof, and any such right, remedy or power may be exercised by such party from time to time and as often as may be deemed expedient or necessary by such party in its sole discretion.