Common use of Extensions, etc Clause in Contracts

Extensions, etc. The Secured Parties may directly, or through the Administrative Agent or other duly authorized representatives, grant extensions, take and give up securities, accept compositions, grant releases and discharges and otherwise deal with any Loan Party or any other Persons, sureties or securities as the Lenders, in their sole discretion, may see fit, all without prejudice to the liability of any Loan Party under the Secured Documents or the rights of the Secured Parties under the Secured Documents.

Extensions, etc. The Secured Parties may directly, or through the Administrative Agent or other duly authorized representatives, grant extensions, take and give up securities, accept compositions, grant releases and discharges and otherwise deal with any Loan Party the Borrower or any other Personspersons, sureties or securities as the LendersSecured Parties, in their sole discretion, may see fit, all without prejudice to the liability of any Loan Party the Borrower under the Secured Documents or the rights of the Secured Parties or the Agent under the Secured Documents.