Common use of Exhaustion of Other Remedies Not Required Clause in Contracts

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety. Each Guarantor waives diligence by the Lender Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, any provision of law requiring the Lender Parties to exhaust any right or remedy or to take any action against the Borrower, any other guarantor or any other Person or property before enforcing this Guaranty against such Guarantor.

Appears in 4 contracts

Samples: Day Bridge Credit Agreement (AbbVie Inc.), Term Loan Credit Agreement (AbbVie Inc.), Day Bridge Credit Agreement (AbbVie Inc.)

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Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety. Each Guarantor waives diligence by the Lender Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, any provision of law requiring the Lender Parties to exhaust any right or remedy or to take any action against the a Borrower, any other guarantor or any other Person or property before enforcing this Guaranty against such Guarantor.

Appears in 4 contracts

Samples: Credit Agreement (STERIS PLC), Credit Agreement (Steris Corp), Credit Agreement (STERIS PLC)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guarantied Obligations. Each Guarantor waives diligence by the Lender Parties Beneficiaries and action on delinquency in respect of the Guaranteed Guarantied Obligations or any part thereof, including, without limitation, including any provision provisions of law requiring the Lender Parties Beneficiaries to exhaust any right or remedy or to take any action against the BorrowerSubject Member, any other guarantor guarantor, or any other Person person, entity or property before enforcing the provisions of this Guaranty against such Guarantor.

Appears in 3 contracts

Samples: Reimbursement Agreement (Sunoco Logistics Partners L.P.), Guaranty Agreement (Heckmann CORP), Guaranty Agreement (Heckmann CORP)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety. Each Guarantor waives diligence by the Lender Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, any provision of law requiring the Lender Parties to exhaust any right or remedy or to take any action against the Borrower, any other guarantor or any other Person or property before enforcing this Guaranty Guarantee against such Guarantor.

Appears in 2 contracts

Samples: Bridge Credit Agreement (Equinix Inc), Bridge Credit Agreement (Equinix Inc)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by the Lender Credit Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, limitation any provision provisions of law requiring the Lender Credit Parties to exhaust any right or remedy or to take any action against the any Borrower, any other guarantor or any other Person person, entity or property before enforcing this Guaranty against such Guarantor.

Appears in 2 contracts

Samples: Credit Agreement (GMH Communities Trust), Unconditional Guaranty Agreement (GMH Communities Trust)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by the Lender Parties Agent and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, limitation any provision provisions of law requiring the Lender Parties Agent to exhaust any right or remedy or to take any action against the Borrower, any other guarantor or any other Person person, entity or property before enforcing this Guaranty against such Guarantor.

Appears in 2 contracts

Samples: Loan Agreement (Cascade Corp), Loan Agreement (Cascade Corp)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by the Lender Credit Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, limitation any provision provisions of law requiring the Lender Credit Parties to exhaust any right or remedy or to take any action against the Borrower, any other guarantor or any other Person or property before enforcing this Guaranty against such any Guarantor.

Appears in 2 contracts

Samples: Credit Agreement (NVR Inc), Credit Agreement (NVR Inc)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of a primary obligor, and not merely as surety, and are independent of the Obligations. Each Guarantor waives diligence by the Administrative Agent or any Lender Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, including any provision provisions of law Governmental Rule requiring the Administrative Agent or any Lender Parties to exhaust any right or remedy or to take any action against the Borrower, any other guarantor or any other Person or property before enforcing this Guaranty against such Guarantor.

Appears in 2 contracts

Samples: Credit Agreement (Columbia Sportswear Co), Credit Agreement (Columbia Sportswear Co)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by the Lender Parties Seller and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, limitation any provision provisions of law requiring the Lender Parties Seller to exhaust any right or remedy or to take any action against the BorrowerBuyer, any other guarantor guarantor, or any other Person person, entity, or property before enforcing this Guaranty against such any Guarantor.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Memorial Production Partners LP)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by the Lender Credit Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, limitation any provision provisions of law requiring the Lender Credit Parties to exhaust any right or remedy or to take any action against the Borrower, any other guarantor or any other Person person, entity or property before enforcing this Guaranty against such Guarantor.

Appears in 1 contract

Samples: Credit Agreement (PMC Commercial Trust /Tx)

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Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by the Lender Parties Bank and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, including any provision provisions of law Law requiring the Lender Parties Bank to exhaust any right or remedy or to take any action against the Borrower, any other guarantor (including any Guarantor) or any other Person or property before enforcing this Guaranty against such Guarantor.

Appears in 1 contract

Samples: Pledge Agreement (Usana Health Sciences Inc)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guarantied Obligations. Each Guarantor waives diligence by the Lender Parties each Beneficiary and action on delinquency in respect of the Guaranteed Guarantied Obligations or any part thereof, including, without limitation, including any provision provisions of law requiring the Lender Parties any Beneficiary to exhaust any right or remedy or to take any action against the Borrower, any other guarantor Guarantor or any other Person person, entity or property before enforcing this Guaranty against such Guarantor.

Appears in 1 contract

Samples: Guaranty (Apogent Technologies Inc)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by the Lender Credit Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, limitation any provision provisions of law requiring the Lender Credit Parties to exhaust any right or remedy or to take any action against the Borrower, any other guarantor or any other Person or property before enforcing this Guaranty against such any Guarantor. 8.

Appears in 1 contract

Samples: Credit Agreement (NVR Inc)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by the Lender Parties Agent and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, limitation any provision provisions of law requiring the Lender Parties Agent to exhaust any right or remedy or to take any action against the Borrower, any other guarantor or any other Person person, entity or property before enforcing this Guaranty against such Guarantor.

Appears in 1 contract

Samples: Credit Agreement (BJS Wholesale Club Inc)

Exhaustion of Other Remedies Not Required. The obligations of each the Guarantor hereunder are those of primary obligor, and not merely as surety. Each The Guarantor waives diligence by the Lender Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, any provision of law requiring the Lender Parties to exhaust any right or remedy or to take any action against the BorrowerBorrowers, any other guarantor or any other Person or property before enforcing this Guaranty against such the Guarantor.

Appears in 1 contract

Samples: Revolving Credit Agreement (AbbVie Inc.)

Exhaustion of Other Remedies Not Required. The obligations of each Guarantor the Guarantors hereunder are those of primary obligorobligors, and not merely as suretysureties, and are independent of the Guaranteed Obligations. Each Guarantor waives The Guarantors waive diligence by the Lender Parties Beneficiaries and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation, limitation any provision provisions of law requiring the Lender Parties Beneficiaries to exhaust any right or remedy or to take any action against the BorrowerBorrowers, any other guarantor or any other Person Person, or property Property before enforcing this Guaranty against such Guarantorthe Guarantors.

Appears in 1 contract

Samples: American Home Mortgage Investment Corp

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