Common use of Extensions, etc Clause in Contracts

Extensions, etc. Employee agrees that the Company, at any time and without affecting its rights in the pledged Shares and without notice to Employee, may grant any extensions, releases or other modifications of any kind respecting the Documents, Obligations and any collateral security therefor and Employee, except as otherwise provided herein or in the Documents, waives all notices of any kind in connection with the Obligations, the Documents and any changes therein or defaults or enforcement proceedings thereunder, whether against Employee or any other party. Employee hereby waives any rights it has at equity or in law to require the Company to apply any rights of marshalling or other equitable doctrines in the circumstances.

Extensions, etc. Employee agrees that the Company, at any time and without affecting its rights in the pledged Shares and without notice to Employee, may grant any extensions, releases or other modifications of any kind respecting the Documents, Obligations and any collateral security therefor and Employee, except as otherwise provided herein or in the Documents, waives all notices of any kind in connection with the Obligations, the Documents and any changes therein or defaults or enforcement proceedings thereunder, whether against Employee or any other party. Employee hereby waives any rights it has at equity or in law to require the Company to apply any rights of marshalling marshaling or other equitable doctrines in the circumstances.