Common use of No Duty To Pursue Others Clause in Contracts

No Duty To Pursue Others. It shall not be necessary for Lender (and Guarantor hereby waives any rights which Guarantor may have to require Lender), in order to enforce such payment by Guarantor, first to (i) institute suit or exhaust its remedies against Borrower or others liable on the Guaranteed Debt or any other person, (ii) enforce Lender’s rights against any collateral which shall have been given to secure the Guaranteed Debt, (iii) join Borrower or any others liable on the Guaranteed Debt in any action seeking to enforce this Guaranty, (iv) exhaust any remedies available to Lender against any collateral which shall have been given to secure the Guaranteed Debt, or (v) resort to any other means of obtaining payment of the Guaranteed Debt. Lender shall not be required to mitigate damages or take any other action to reduce, collect or enforce the Guaranteed Debt.

No Duty To Pursue Others. It shall not be necessary for Lender (and Guarantor hereby waives any rights which such Guarantor may have to require Lender), in order to enforce such payment by Guarantor, first to (i) institute suit or exhaust its remedies against Borrower or others liable on the Guaranteed Debt or any other person, (ii) enforce Lender’s rights against any collateral which shall ever have been given to secure the Guaranteed Debt, (iii) join Borrower or any others liable on the Guaranteed Debt in any action seeking to enforce this Guaranty, (iv) exhaust any remedies available to Lender against any collateral which shall ever have been given to secure the Guaranteed Debt, or (v) resort to any other means of obtaining payment of the Guaranteed Debt. Lender shall not be required to mitigate damages or take any other action to reduce, collect or enforce the Guaranteed Debt.

No Duty To Pursue Others. It shall not be necessary for Lender (and Guarantor NGSG hereby waives any rights which Guarantor NGSG may have to require Lender), in order to enforce such payment by GuarantorNGSG, first to (i) institute suit or exhaust its remedies against Borrower SCS or others liable on the Guaranteed Debt or any other person, (ii) enforce Lender’s rights against any collateral which shall have been given to secure the Guaranteed Debt, (iii) join Borrower SCS or any others liable on the Guaranteed Debt in any action seeking to enforce this Guaranty, (iv) exhaust any remedies available to Lender against any collateral which shall have been given to secure the Guaranteed Debt, or (v) resort to any other means of obtaining payment of the Guaranteed Debt. Lender shall not be required to mitigate damages or take any other action to reduce, collect or enforce the Guaranteed Debt.

No Duty To Pursue Others. It shall not be necessary for Lender (and Guarantor hereby waives any rights which Guarantor may have to require Lender), in order to enforce such payment by Guarantorthe obligations of Guarantor hereunder, first to (ia) institute suit or exhaust its remedies against Borrower or others liable on the Loan or the Guaranteed Debt Obligations or any other person, (iib) enforce Lender’s 's rights against any collateral which shall ever have been given to secure the Guaranteed DebtLoan, (iiic) enforce Lender's rights against any other guarantors of the Guaranteed Obligations, (d) join Borrower or any others liable on the Guaranteed Debt Obligations in any action seeking to enforce this GuarantyGuarantee, (ive) exhaust any remedies available to Lender against any collateral which shall ever have been given to secure the Guaranteed DebtLoan, or (vf) resort to any other means of obtaining payment of the Guaranteed DebtObligations. Lender shall not be required to mitigate damages or take any other action to reduce, collect or enforce the Guaranteed DebtObligations.

No Duty To Pursue Others. It shall not be necessary for Lender (and Guarantor hereby waives any rights which Guarantor may have to require Lender), in order to enforce such payment by Guarantorthe obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against Borrower or others liable on the Guaranteed Debt or any other personLoan, (ii) enforce Lender’s rights against any collateral which shall may have been given to secure the Guaranteed DebtLoan, (iii) join Borrower or any others liable on the Guaranteed Debt Loan in any action seeking to enforce this Guaranty, (iv) exhaust any remedies available to Lender against any collateral which shall may have been given to secure the Guaranteed DebtLoan, or (v) resort to any other means of obtaining payment of the Guaranteed DebtObligations. Unless required by applicable law, Lender shall not be required to mitigate damages or take any other action to reduce, collect or enforce the Guaranteed DebtObligations.