No Obligation to Act. Notwithstanding any provision of this Agreement or any other Document or Lender Financial Instrument or the operation, application or effect hereof, the Secured Party, the other Beneficiaries or any Receiver, or any representative or agent acting for or on behalf of the foregoing, shall not have any obligation whatsoever to exercise or refrain from exercising any right, power, privilege or interest hereunder or to receive or claim any benefit hereunder.
Appears in 2 contracts
Samples: Agreement (Baytex Energy Corp.), Credit Agreement (Baytex Energy Corp.)
No Obligation to Act. Notwithstanding any provision of this Agreement or any other Credit Document or Lender Financial Instrument or the operation, application or effect hereof, the Secured Party, the other Beneficiaries or any Receiver, or any representative or agent acting for or on behalf of the foregoing, shall not have any obligation whatsoever to exercise or refrain from exercising any right, power, privilege or interest hereunder or to receive or claim any benefit hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.)
No Obligation to Act. Notwithstanding any provision of this Agreement or any other Document or Lender Financial Instrument or the operation, application or effect hereof, the Secured Party, the other Beneficiaries or any Receiver, or any representative or agent acting for or on behalf of the foregoing, shall not have any obligation whatsoever to exercise or refrain from exercising any right, power, privilege or interest hereunder or to receive or claim any benefit hereunder.
Appears in 2 contracts
Samples: General Security Agreement (Baytex Energy Trust), General Security Agreement (Baytex Energy Trust)
No Obligation to Act. Notwithstanding any provision of this Agreement or any other Credit Document or Lender Financial Instrument or the operation, application or effect hereof, the Secured Party, the other Beneficiaries or any ReceiverBeneficiaries, or any representative or agent acting for or on behalf of the foregoing, shall not have any obligation whatsoever to exercise or refrain from exercising any right, power, privilege or interest hereunder or to receive or claim any benefit hereunder.
Appears in 1 contract
Samples: Pledge Agreement (Royal Gold Inc)
