Dealing with the Collateral. (1) The Collateral Agent and the Secured Creditors shall not be obliged to exhaust their recourse against the Obligor or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Dealing with the Collateral. (1) The Bond Trustee shall not be obliged to exhaust its recourse against the Guarantor or any other Person or against any other security it may hold in respect of the Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Bond Trustee may consider desirable. Neither the taking of any judgement nor the exercise of any power of seizure or sale shall extinguish the liability of the Guarantor to pay the Obligations, nor shall the same operate as a merger of any covenant contained in this Agreement or of any other liability, nor shall the acceptance of any payment or other security constitute or create a novation.
Dealing with the Collateral. (1) The Lender shall not be obliged to exhaust its recourses against the Borrower or any other Person or Persons or against any other security it may hold in respect of the Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Lender may consider desirable.
Dealing with the Collateral. (a) The Agent and the Vendors are not obliged to exhaust their recourse against the Corporation or any other person or against any other security they may hold in respect of the Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Agent considers desirable.
Dealing with the Collateral. The Secured Party may, at the Secured --------------------------- Party's option, whether or not the Obligations are due, demand, xxx for, collect or make any compromise or settlement the Secured Party deems necessary with reference to the Collateral. The Secured Party shall not be obligated to take any steps necessary to preserve any rights in the Collateral against prior parties, all which shall be the responsibility of the Debtor.
Dealing with the Collateral. (1) The Canadian Agent and the Secured Parties are not obliged to exhaust their recourse against the Grantor or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Canadian Agent may consider desirable.
Dealing with the Collateral. (a) The Finance Parties will not be obliged to exhaust their recourse against APG or any other person or against any other security they may hold in respect of the Obligations before realizing on or otherwise dealing with the Collateral in any manner as the Finance Parties may consider desirable.
Dealing with the Collateral. We may take and give up any security or modify or abstain from perfecting or taking advantage of any of the security granted in our favour and otherwise deal with any of the Collateral as we shall see fit (to the extent permitted by applicable law), without prejudice to your liability or to our rights under this Agreement or at law.
Dealing with the Collateral. (1) The Secured Party is not obliged to exhaust its recourse against the Pledgor or any other Person or against any other security it may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Secured Party may consider desirable.
Dealing with the Collateral. (a) The Agent and the Canadian Lenders shall not be obliged to exhaust their recourse against the Corporation or any other person or against any other security it may hold in respect of the Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Agent may consider desirable.
