Common use of Extensions, etc Clause in Contracts

Extensions, etc. The Guarantor may at any time, without thereby discharging, impairing or otherwise affecting any rights, powers and remedies hereby created or conferred upon it by this Agreement, the Loan Agreement, the General Agency Agreement or any other related agreement or by law: (a) offer or agree to or enter into any agreement for the extension or variation of the Guarantee Agreement (except one which would materially increase the obligations of the Borrower under this Agreement), the Loan Agreement, the General Agency Agreement or any other related agreement; or (b) offer to give, or agree to give, any time or other indulgence to any other Person or entity from whom it may seek reimbursement in respect of sums paid out by the Guarantor under the Guarantee Agreement.