Common use of Amendments, etc. with respect to the Secured Obligations Clause in Contracts

Amendments, etc. with respect to the Secured Obligations. The Parent shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Parent and without notice to or further assent by the Parent, any demand for payment of any of the Secured Obligations made by any Lender may be rescinded by such Lender and any of the Secured Obligations continued, and the Secured Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Lender, and any Loan Document and any other document executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders or all Lenders, as the case may be) may deem advisable from time to time, and any Collateral security, guarantee or right of offset at any time held by any Lender for the payment of the Secured Obligations may be sold, exchanged, waived, surrendered or released. Except as required by applicable Governmental Requirements, no Lender shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Secured Obligations or for the guarantee contained in 0 or any Property subject thereto.

Appears in 2 contracts

Samples: Credit Agreement (Genesis Energy Lp), Credit Agreement (Genesis Energy Lp)

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Amendments, etc. with respect to the Secured Obligations. The Parent Each Loan Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Parent any Loan Guarantor and without notice to or further assent by the Parentany Loan Guarantor, any demand for payment of any of the Secured Obligations made by any Lender may be rescinded by such Lender and any of the Secured Obligations continued, and the Secured Obligations, or the liability of Borrower or any other Person upon or for any part thereof, or any collateral security or guarantee guaranty therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Lender, and any this Agreement and the other Loan Document Documents and any other document documents executed and delivered in connection herewith and therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders or all Lenders, as the case may be) Lender may deem advisable from time to time, and any Collateral security, guarantee or right of offset at any time held by any Lender for the payment of the Secured Obligations may be sold, exchanged, waived, surrendered or released. Except as required by applicable Governmental Requirements, no Lender shall have any no obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Secured Obligations or for the guarantee guaranty contained in 0 this ARTICLE 14 or any Property property subject thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Kinsale Capital Group, Inc.)

Amendments, etc. with respect to the Secured Obligations. The Parent shall Each Guarantor will remain obligated hereunder notwithstanding that, without any reservation of rights against the Parent any Guarantor and without notice to or further assent by the Parentany Guarantor, any demand for payment of any of the Secured Obligations made by any Lender may be rescinded by such Lender and any of the Secured Obligations continued, and the Secured Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee guaranty therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Lender, and any the Credit Agreement and the other Loan Document Documents and any other document documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders or all Lenders, as the case may be) Lender may deem advisable from time to time, and any Collateral collateral security, guarantee guaranty or right of offset at any time held by any Lender for the payment of the Secured Obligations may be sold, exchanged, waived, surrendered or released. Except as required by applicable Governmental Requirements, no Lender shall will not have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Secured Obligations or for the guarantee guaranty contained in 0 this Section 2 or any Property property subject thereto.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Electronic Cigarettes International Group, Ltd.)

Amendments, etc. with respect to the Secured Obligations. The Parent Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Parent any Guarantor and without notice to or further assent by the Parentany Guarantor, any demand for payment of any of the Secured Obligations made by any Lender may be rescinded by such Lender and any of the Secured Obligations continued, and the Secured Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Lender, and any the Loan Document Documents and any other document documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders or all Lenders, as the case may be) Lender may deem advisable from time to timetime (provided that any such amendment, modification, supplement or termination complies with the relevant provisions of the Loan Documents, this Agreement and/or such Loan Document), and any Collateral collateral security, guarantee or right of offset at any time held by any Lender for the payment of the Secured Obligations may be sold, exchanged, waived, surrendered or releasedreleased to the extent permitted by this Agreement and the Loan Documents. Except as required by applicable Governmental Requirements, no Lender shall have any no obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Secured Obligations or for the guarantee contained in 0 this Section 2 or any Property property subject thereto.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Pdi Inc)

Amendments, etc. with respect to the Secured Obligations. The Parent (a) Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Parent any Guarantor and without notice to or further assent by the Parentany Guarantor, any demand for payment of any of the Secured Obligations made by any Lender Purchaser may be rescinded by such Lender Purchaser and any of the Secured Obligations continued, and the Secured Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee guaranty therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Lender, Purchaser and any Loan Document the Note Purchase Agreement and the other Note Documents and any other document documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders or all Lenders, as the case may be) Purchaser may deem advisable from time to time, time in accordance with the Note Purchase Agreement and any Collateral security, guarantee or right of offset at any time held by any Lender for the payment of the Secured Obligations may be sold, exchanged, waived, surrendered or releasedother Note Documents. Except as required by applicable Governmental Requirements, no Lender Purchaser shall not have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Secured Obligations or for the guarantee guaranty contained in 0 this Section 2 or any Property property subject thereto.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Clearone Inc)

Amendments, etc. with respect to the Secured Obligations. The Parent (a) Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Parent any Guarantor and without notice to or further assent by the Parentany Guarantor, any demand for payment of any of the Secured Obligations made by any Lender Administrative Agent may be rescinded by such Lender Administrative Agent (acting at the direction of the Required Lenders) and any of the Secured Obligations continued, and the Secured Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee guaranty therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any LenderAdministrative Agent (acting at the direction of the Required Lenders) , and any the Credit Agreement and the other Loan Document Documents and any other document documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders or all Lenders, as the case may be) may deem advisable from time to time, and . Neither any Collateral security, guarantee or right of offset at Agent nor any time held by any Lender for the payment of the Secured Obligations may be sold, exchanged, waived, surrendered or released. Except as required by applicable Governmental Requirements, no Lender shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Secured Obligations or for the guarantee guaranty contained in 0 this Section or any Property property subject thereto.

Appears in 1 contract

Samples: ProSomnus, Inc.

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Amendments, etc. with respect to the Secured Obligations. The Parent Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Parent any Guarantor and without notice to or further assent by the Parentany Guarantor, any demand for payment of any of the Secured Obligations made by Agent or any Lender may be rescinded by Agent or such Lender and any of the Secured Obligations continued, and the Secured Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by Agent or any Lender, and any the Credit Agreement and the other Loan Document Documents and any other document documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders or all Lenders, as the case may be) may deem advisable from time to time, and any Collateral collateral security, guarantee or right of offset at any time held by Agent or any Lender for the payment of the Secured Obligations may be sold, exchanged, waived, surrendered or released. Except as required by applicable Governmental Requirements, no Neither Agent nor any Lender shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Secured Obligations or for the guarantee contained in 0 this Section 2 or any Property property subject thereto.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Beacon Enterprise Solutions Group Inc)

Amendments, etc. with respect to the Secured Obligations. The Parent Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Parent any Guarantor and without notice to or further assent by the Parentany Guarantor, any demand for payment of any of the Secured Obligations made by any Lender the Purchaser may be rescinded by such Lender the Purchaser and any of the Secured Obligations continued, and the Secured Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Lenderthe Purchaser, and any Loan Document the Purchase Agreement and the other Transaction Documents and any other document documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders or all Lenders, as the case may be) Purchaser may deem advisable from time to time, and any Collateral collateral security, guarantee or right of offset at any time held by any Lender the Purchaser for the payment of the Secured Obligations may be sold, exchanged, waived, surrendered or released. Except as required by applicable Governmental Requirements, no Lender The Purchaser shall not have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Secured Obligations or for the guarantee contained in 0 this Section 2 or any Property property subject thereto.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (AxoGen, Inc.)

Amendments, etc. with respect to the Secured Obligations. The Parent Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Parent any Guarantor and without notice to or further assent by the Parentany Guarantor, any demand for payment of any of the Secured Obligations made by any Lender the Collateral Agent may be rescinded by such Lender the Collateral Agent and any of the Secured Obligations continued, and the Secured Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Lenderthe Collateral Agent, and any the Credit Agreement, the other Loan Document Documents and any other document documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Collateral Agent (or the Required Lenders or all Lenders, as the case may be) may deem advisable from time to time, and any Collateral collateral security, guarantee or right of offset at any time held by any Lender the Collateral Agent for the payment of the Secured Obligations may be sold, exchanged, waived, surrendered or released. Except as required by applicable Governmental Requirements, no Lender The Collateral Agent shall not have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Secured Obligations or for the guarantee contained in 0 this Section 2 or any Property property subject thereto.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Rightside Group, Ltd.)

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