Common use of No Obligation to Pursue Others Clause in Contracts

No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and Lender may release, modify or waive any Collateral provided by any other person to secure any of the Obligations, all without affecting Lender’s rights against Grantor. Grantor waives any right it may have to require Lender to pursue any third person for any of the Obligations.

Appears in 7 contracts

Samples: Security Agreement (Rubber Research Elastomerics Inc), Security Agreement (Virtual Radiologic CORP), Security Agreement (Virtual Radiologic CORP)

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No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person Person liable for them and Lender may release, modify or waive any Collateral collateral provided by any other person Person to secure any of the Obligations, all without affecting Lender’s rights against GrantorBorrower. Grantor Borrower waives any right it may have to require Lender to pursue any third person other Person for any of the Obligations.

Appears in 6 contracts

Samples: Loan and Security Agreement (Vystar Corp), Loan and Security Agreement (Complete Genomics Inc), Term Loan  and Security Agreement (Environmental Energy Services Inc)

No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and Lender may release, modify or waive any Collateral collateral provided by any other person Person to secure any of the Obligations, all without affecting Lender’s rights against GrantorBorrower. Grantor Borrower waives any right it may have to require Lender to pursue any third person other Person for any of the Obligations.

Appears in 5 contracts

Samples: Loan and Security Agreement (Rocky Mountain Chocolate Factory Inc), Subordinated Term Loan and Security Agreement (Sonim Technologies Inc), Credit Loan Agreement (ORBCOMM Inc.)

No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and Lender may release, modify or waive any Collateral collateral provided by any other person Person to secure any of the Obligations, all without affecting Lender’s rights against GrantorBorrowers. Grantor Each Borrower waives any right it may have to require Lender to pursue any third person other Person for any of the Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Trupanion Inc.), Loan and Security Agreement (Enservco Corp)

No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Secured Obligations by collecting them from any other person third party liable for them and Lender may release, modify or waive any Collateral collateral provided by any other person third party to secure any of the Secured Obligations, all without affecting Lender’s rights 's right against GrantorBorrower. Grantor Borrower waives any right it may have to require Lender to pursue any third person party for any of the Secured Obligations.

Appears in 1 contract

Samples: Security Agreement (Iprint Technologies Inc)

No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person Person liable for them and Lender may release, modify modify, or waive any Collateral provided by any other person Person to secure any of the Obligations, all without affecting Lender’s rights against GrantorBorrowers. Grantor Each Borrower waives any right it may have to require Lender to pursue any third person other Person for any of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Entrade Inc)

No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person Person liable for them and Lender may release, modify or waive any Collateral collateral provided by any other person Person to secure any of the Obligations, all without affecting Lender’s rights against GrantorBorrower. Grantor Borrower waives any right it may have to require Lender to pursue any third person for any of the Obligations.

Appears in 1 contract

Samples: Security Agreement (Dot Hill Systems Corp)

No Obligation to Pursue Others. Such Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and Lender may release, modify or waive any Collateral collateral provided by any other person Person to secure any of the Obligations, all without affecting such Lender’s rights against GrantorBorrower. Grantor Borrower waives any right it may have to require such Lender to pursue any third person other Person for any of the Obligations.

Appears in 1 contract

Samples: Master Security Agreement

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No Obligation to Pursue Others. Such Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and Lender may release, modify or waive any Collateral collateral provided by any other person Person to secure any of the Obligations, all without affecting Lendersuch Xxxxxx’s rights against GrantorBorrower. Grantor Borrower waives any right it may have to require such Lender to pursue any third person other Person for any of the Obligations.

Appears in 1 contract

Samples: Master Security Agreement

No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and Lender may release, modify or waive any Collateral collateral provided by any other person to secure any of the Obligations, all without affecting Lender’s 's rights against GrantorBorrower. Grantor Borrower waives any right it may have to require Lender to pursue any third person for any of the Obligations.

Appears in 1 contract

Samples: Security Agreement (HPL Technologies Inc)

No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person Person liable for them and Lender may release, modify or waive any Collateral collateral provided by any other person Person to secure any of the Obligations, all without affecting Lender’s rights against GrantorBorrowers. Grantor Each Borrower waives any right it may have to require Lender to pursue any third person other Person for any of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Pac-West Telecomm Inc)

No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and Lender may release, modify or waive any Collateral collateral provided by any other person Person to secure any of the Obligations, all without affecting Lender’s 's rights against GrantorBorrower. Grantor Borrower waives any right it may have to require Lender to pursue any third person for any of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Applied Innovation Inc)

No Obligation to Pursue Others. The Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and the Lender may release, modify or waive any Collateral provided by any other person to secure any of the Obligations, all without affecting the Lender’s rights against Grantorthe Debtor. Grantor The Debtor waives any right it may have to require the Lender to pursue any third person for any of the Obligations.

Appears in 1 contract

Samples: Security Agreement (Safenet Inc)

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