Common use of Immediate recourse Clause in Contracts

Immediate recourse. The Chargor waives any right he may have of first requiring the Chargee (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Chargor under this Deed. This waiver applies irrespective of any law or any provision of this Deed to the contrary.

Appears in 3 contracts

Sources: Security Agreement (Flag Ship Acquisition Corp), Security Agreement (Flag Ship Acquisition Corp), Security Agreement (Flag Ship Acquisition Corp)

Immediate recourse. The Chargor waives any right he it may have of first requiring the Chargee (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security Encumbrances or claim payment from any person before claiming from the Chargor under this Deed. This waiver applies irrespective of any law or any provision of this Deed to the contrary.

Appears in 3 contracts

Sources: Share Charge (Yu Dong), Share Charge (Yu Dong), Share Charge (Yu Dong)

Immediate recourse. The Chargor waives any right he it may have of first requiring the Chargee (or any trustee or agent on its behalf) a Lender to proceed against or enforce any other rights or security Security Interest or claim payment from or file any proof or claim in any insolvency, administration, winding up or liquidation proceedings relating to any Obligor or any other person before claiming from the Chargor under this Deed. This waiver applies irrespective of any law or any provision of this Deed to the contraryMortgage.

Appears in 2 contracts

Sources: Equitable Mortgage (Borqs Technologies, Inc.), Equitable Mortgage (Borqs Technologies, Inc.)

Immediate recourse. The Chargor waives any right he it may have of first requiring the Chargee any Lender (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Chargor under this Deed. This waiver applies irrespective of any law or any provision of this Deed to the contrary.

Appears in 2 contracts

Sources: Mortgage of Shares (Warp Technology Holdings Inc), Mortgage of Shares (Warp Technology Holdings Inc)

Immediate recourse. The Chargor waives any right he it may have of first requiring to require the Chargee Security Recipient (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or other right, or claim any payment from from, or otherwise proceed against, any other person before claiming from enforcing this Deed against the Chargor under this DeedChargor. This waiver applies irrespective of any law or any provision of this Deed any Security Document to the contrary.

Appears in 2 contracts

Sources: Share Purchase Agreement (Gold Fields LTD), Share Purchase Agreement (Galiano Gold Inc.)

Immediate recourse. The Each Chargor waives any right he it may have of first requiring the Chargee Lender (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the that Chargor under this Deedthe Transaction Security. This waiver applies irrespective of any law or any provision of this Deed a Finance Document to the contrary.

Appears in 2 contracts

Sources: Supplemental Security Agreement (Freeline Therapeutics Holdings PLC), Security Agreement (Freeline Therapeutics Holdings PLC)

Immediate recourse. The Each Chargor waives any right he it may have of first requiring the Chargee (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security Encumbrances or claim payment from any person before claiming from the Chargor Chargors under this Deed. This waiver applies irrespective of any law or any provision of this Deed to the contrary.

Appears in 2 contracts

Sources: Share Charge (SkyPeople International Holdings Group LTD), Share Charge (SkyPeople International Holdings Group LTD)

Immediate recourse. The Each Chargor waives any right he it may have of first requiring the Chargee Security Trustee (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the that Chargor under this Deed. This waiver applies irrespective of any law or any provision of this Deed a Transaction Document to the contrary.

Appears in 1 contract

Sources: Supplemental Deed

Immediate recourse. The Each Chargor waives any right he it may have of first requiring the Chargee Collateral Agent (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the such Chargor under this DeedDebenture. This waiver applies irrespective of any law or any provision of this Deed a Transaction Document to the contrary.

Appears in 1 contract

Sources: Debenture (Xinyuan Real Estate Co., Ltd.)

Immediate recourse. The Chargor waives any right he it may have of first requiring the Chargee (or any trustee or agent on its behalf) Lender to proceed against or enforce any other rights or security Security Interest or claim payment from or file any proof or claim in any insolvency, administration, winding up or liquidation proceedings relating to the Borrower or any other person before claiming from the Chargor under this Deed. This waiver applies irrespective of any law or any provision of this Deed to the contraryMortgage.

Appears in 1 contract

Sources: Equitable Mortgage (Yun Chen Capital Cayman)

Immediate recourse. The Chargor waives any right he it may have of first requiring the Chargee Security Agent (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Chargor under this Deed. This waiver applies irrespective of any law or any provision of this Deed to the contraryCharge.

Appears in 1 contract

Sources: Charge Agreement (Sinoenergy CORP)

Immediate recourse. The Chargor waives any right he it may have of first requiring the Chargee or any Receiver or Delegate (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security in respect of the Secured Obligations or claim payment from any person before claiming from the Chargor under enforcing this DeedSecurity. This waiver applies irrespective of any law or any provision of this Deed the Transaction Documents to the contrary.

Appears in 1 contract

Sources: Security Agreement (Fosun International LTD)

Immediate recourse. The Chargor waives any right he it may have of first requiring the Chargee (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Chargor under enforcing this DeedCharge. This waiver applies irrespective of any law or any provision of this Deed the Note Documents to the contrary.

Appears in 1 contract

Sources: Share Charge Agreement (AutoTrader Group, Inc.)

Immediate recourse. The Chargor waives any right he it may have of first requiring the Chargee Lender (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Chargor under this Deed. This waiver applies irrespective of any law or any provision of this Deed a Financing Agreement to the contrary.

Appears in 1 contract

Sources: Mortgage of Shares (Inyx Inc)

Immediate recourse. The Chargor waives any right he it may have of first requiring the Chargee Counterparty (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Chargor under this Deed. This waiver applies irrespective of any law or any provision of this Deed a Swap Agreement to the contrary.

Appears in 1 contract

Sources: Security Agreement (Ma Kevin Xiaofeng)

Immediate recourse. (a) The Chargor waives any right he it may have of first requiring the Chargee Investor (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from the Chargor under this Deed. . (b) This waiver applies irrespective of any law or any provision of this Deed a Transaction Document to the contrary.

Appears in 1 contract

Sources: Account Security Agreement (Fosun International LTD)

Immediate recourse. The Chargor waives any right he may have of first requiring the Chargee (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Chargor under enforcing this DeedCharge. This waiver applies irrespective of any law or any provision of this Deed the Note Documents to the contrary.

Appears in 1 contract

Sources: Share Charge Agreement (AutoTrader Group, Inc.)

Immediate recourse. The Chargor waives any right he it may have of first requiring the Chargee (or any trustee or agent on its behalf) to proceed against or enforce any other rights or security Security or claim payment from any person before claiming from the Chargor under this DeedAgreement. This waiver applies irrespective of any law or any provision of this Deed Agreement to the contrary.

Appears in 1 contract

Sources: Security Over Shares Agreement (Gigamedia LTD)

Immediate recourse. The Chargor waives any right he it may have of first requiring the Chargee (or any trustee or agent on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person or file any proof or claim in any insolvency, administration, winding-up or liquidation proceedings relative to any other person before claiming from the Chargor under this Deed. This waiver applies irrespective of any law or any provision of this Deed to the contrary.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Ctrip Com International LTD)

Immediate recourse. The Each Chargor waives any right he it may have of first requiring the Chargee (or any trustee or agent on its behalf) Agent to proceed against or enforce any other rights or security or claim payment from any person before claiming from enforcing the Chargor under security constituted by this Deed. This waiver applies irrespective of any law or any provision of this Deed a Loan Document to the contrary.

Appears in 1 contract

Sources: Guarantee and Debenture (Masonite International Corp)