Common use of Extensions Clause in Contracts

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interest, and otherwise deal with the Guarantor, account debtors of the Guarantor, sureties, and others and with the Collateral, the Security Interest, and other security interests as the Secured Party sees fit without prejudice to the liability of the Guarantor or the Secured Party's right to hold and realize on the security constituted by this Agreement.

Appears in 4 contracts

Samples: Eneral Security Agreement (Lithium Exploration Group, Inc.), Securities Purchase Agreement (Trident Brands Inc), Purchase Agreement (Trident Brands Inc)

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Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interest, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, and others and with the Collateral, the Security Interest, and other security interests as the Secured Party sees fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's right to hold and realize on the security constituted by this Agreement.

Appears in 4 contracts

Samples: General Security Agreement (Niocorp Developments LTD), General Security Agreement (Placer Del Mar, Ltd.), Security Agreement (Pine Valley Mining Corp)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interest, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, and others and with the Collateral, the Security Interest, and other security interests as the Secured Party sees fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's ’s right to hold and realize on the security constituted by this Agreement.

Appears in 3 contracts

Samples: General Security Agreement (Foremost Lithium Resources & Technology Ltd.), Loan Agreement (Niocorp Developments LTD), Security Agreement (Search by HEADLINES.COM Corp.)

Extensions. 21.1 The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interestsecurity interests, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's right to hold and realize on the security constituted by this Security Agreement.

Appears in 3 contracts

Samples: General Security Agreement (Sinobiomed Inc), License Agreement (Smartire Systems Inc), General Security Agreement (Smartire Systems Inc)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interest, security interests and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorAccount Debtors, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's right to hold and realize on the security constituted by this Security Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Tengtu International Corp), Commercial Security Agreement (Icon Laser Eye Centers Inc)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interestsecurity interests, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's right to hold and realize on the security constituted by this Security Agreement.

Appears in 2 contracts

Samples: Loan Agreement (PDG Remediation Inc), Security Agreement (QMS Inc)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interest, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, and others and with the Collateral, the Security Interest, and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's right to hold and realize on the security constituted by this Security Agreement.

Appears in 2 contracts

Samples: Exchange Agreement (Voice Mobility International Inc), Security Agreement (Voice Mobility International Inc)

Extensions. 19.1 The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interestsecurity interests, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's right to hold and realize on the security constituted Security Interests created by this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Image Innovations Holdings Inc)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interestsecurity interests, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's right to hold and realize on the security constituted by this AgreementSecurity Interests.

Appears in 1 contract

Samples: Security Agreement (Itc Learning Corp)

Extensions. 18.1 The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interestsecurity interests, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's ’s right to hold and realize on the security constituted by this Security Agreement.

Appears in 1 contract

Samples: General Security Agreement (Tryx Ventures Corp)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interest, security interests and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorAccount Debtors, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or to the Secured Party's ’s right to hold and realize on the security constituted by this Security Agreement.

Appears in 1 contract

Samples: General Security Agreement (Vista Gold Corp)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interest, Secured Party’s subordinated security interests and otherwise deal with the Guarantor, account debtors any of the GuarantorDebtors, suretiesAccount Debtors, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of any of the Guarantor Debtors or to the Secured Party's ’s right to hold and realize on the security constituted by this Agreement.

Appears in 1 contract

Samples: General Security Agreement (Turbosonic Technologies Inc)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interest, security interests and otherwise deal with the GuarantorDebtor, account debtors Account Debtors (but only after an Event of the GuarantorDefault), sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's ’s right to hold and realize on the security constituted by this Security Agreement.

Appears in 1 contract

Samples: General Security Agreement (Red Mile Entertainment Inc)

Extensions. 13.1 The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interestsecurity interests, and otherwise deal with the GuarantorChargor, account debtors of the GuarantorChargor, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Chargor or the Secured Party's right to hold and realize on the security constituted by this Security Agreement.

Appears in 1 contract

Samples: General Security Agreement (World Gaming PLC)

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Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interestsecurity interests, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's ’s right to hold and realize on the security secured constituted by this Security Agreement.

Appears in 1 contract

Samples: General Security Agreement (AquaBounty Technologies, Inc.)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interestsecurity interests, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's right to hold and realize on the security constituted Security Interests created by this Security Agreement.

Appears in 1 contract

Samples: General Security Agreement (360networks Inc)

Extensions. The Secured Party may grant renewals, extensions of time and other indulgences, take take, release and give up securitysecurities, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting perfect or maintaining perfection of the Security Interestfail to perfect any securities, and otherwise deal or fail to deal with the GuarantorCorporation, account debtors of the Guarantorguarantors, sureties, sureties and others and with the Collateral, the Security Interest, Debenture and other security interests securities as the Secured Party sees fit may see fit, all without prejudice to the liability of the Guarantor Corporation to the Secured Party or the rights and powers of the Secured Party's right to hold and realize on Party under this Debenture or the security constituted by this Agreementother Transaction Documents.

Appears in 1 contract

Samples: Pledge Agreement (Ivanhoe Energy Inc)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interestsecurity interests, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's right to hold and realize on the security constituted Security Interests created by this Agreement.

Appears in 1 contract

Samples: Security Agreement (Unilens Vision Inc)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interestsecurity, and otherwise deal with the GuarantorDebtor, account debtors Account Debtors of the GuarantorDebtor, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's ’s right to hold and realize on the security constituted by this AgreementSecurity.

Appears in 1 contract

Samples: Security Agreement (High Tide Inc.)

Extensions. The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interest, and otherwise deal with the Guarantor, account debtors of the Guarantor, sureties, and others and with the Collateral, the Security Interest, and other security interests as the Secured Party sees fit without prejudice to the liability of the Guarantor or the Secured Party's ’s right to hold and realize on the security constituted by this Agreement.

Appears in 1 contract

Samples: General Security Agreement (Liquid Media Group Ltd.)

Extensions. 21.1 The Secured Party may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interestsecurity interests, and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorDebtor, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's ’s right to hold and realize on the security constituted by this Security Agreement.

Appears in 1 contract

Samples: Loan Agreement (Quantex Capital Corp)

Extensions. The Secured Party Parties may grant extensions of time and other indulgences, take and give up security, accept compositions, compound, compromise, settle, grant releases and discharges, refrain from perfecting or maintaining perfection of the Security Interest, Interests and otherwise deal with the GuarantorDebtor, account debtors of the GuarantorAccount Debtors, sureties, sureties and others and with the Collateral, the Security Interest, Collateral and other security interests as the Secured Party sees Parties may see fit without prejudice to the liability of the Guarantor Debtor or the Secured Party's Parties' right to hold and realize on the security constituted by this Security Agreement.

Appears in 1 contract

Samples: General Security Agreement (DecisionPoint Systems, Inc.)

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