Common use of Extensions, etc Clause in Contracts

Extensions, etc. The Lender may grant extensions, take and give up securities, accept compositions, grant releases and discharges and otherwise deal with the Obligors or any other Persons, sureties or securities as the Lender, in its sole discretion, may see fit, all without prejudice to the liability of the Obligors or any other Person under the Loan Documents to which they are a party or the rights of the Collateral Agent or the Lender under the Loan Documents.

Appears in 2 contracts

Sources: Loan Agreement (Telesat Corp), Loan Agreement (Telesat Corp)

Extensions, etc. The Lender may grant extensions, take and give up securities, accept compositions, grant releases and discharges and otherwise deal with the Obligors Borrower, or any other Persons, sureties sureties, or securities securities, as the Lender, in its sole discretion, may see fit, all without prejudice to the liability of the Obligors or any other Person under the Loan Documents to which they are a party Party or the Lender’s rights of the Collateral Agent or the Lender under the Loan Documentsthis Agreement.

Appears in 1 contract

Sources: Credit Agreement (Geokinetics Inc)